A 3 bedroom flat for rent in Ajao Estate Lagos starts from N2.5 million per year. Standard options with all rooms ensuite range from N3.5 million to N5.5 million annually. Executive and newly built units reach up to N5.5 million per year.
For more context, read the previous guide: 2 Bedroom Flat for Rent in Ikota Villa Estate: Prices, Features, and What to Expect.
What Is a 3 Bedroom Flat in Ajao Estate Lagos?
A 3 bedroom flat in Ajao Estate is a self-contained residential unit within the Isolo Local Government Area of Lagos State. Ajao Estate is a residential neighbourhood located near Murtala Muhammed International Airport and major Lagos thoroughfares. Most 3 bedroom flats in the estate come in 2 configurations: upstairs units and ground floor units, both available in standard and executive finishes.
Who Typically Rents 3 Bedroom Flats in Ajao Estate?
Renters in Ajao Estate include:
- Families relocating from other Lagos neighbourhoods
- Corporate tenants requiring staff housing near the airport
- Business travellers on extended stays
- Mid-income professionals working in Ikeja and Isolo
How Much Does a 3 Bedroom Flat Cost to Rent in Ajao Estate Lagos?
A 3 bedroom flat in Ajao Estate off International Airport Road is available from N2.5 million per year. Newly built executive 3 bedroom flats with all rooms ensuite are priced at N5.5 million per year. Parkout apartments with all rooms ensuite on upper floors are listed at N5 million annually.
What Are the Additional Costs When Renting in Ajao Estate?
Standard additional costs apply when renting a flat in Ajao Estate. These include:
- Agency fee: 10% of annual rent
- Legal fee: 10% of annual rent
- Caution deposit: typically N200,000 to N500,000
- Service charge: varies by property, from N200,000 per year
The average annual rent for houses in Ajao Estate is N7 million, with the cheapest at N4.5 million and the most expensive at N12.5 million per year.
What Types of 3 Bedroom Flats Are Available in Ajao Estate?
There are 4 main types of 3 bedroom residential units available for rent in Ajao Estate. These include upstairs flats, ground floor flats, parkout apartments, and terrace duplexes.
What Is the Difference Between an Upstairs and Ground Floor Flat?
Upstairs flats offer better ventilation and security, while ground floor units provide easier access and are suited to tenants with mobility considerations. Both upstairs and downstairs units are available in Ajao Estate, with upstairs units generally priced higher by N200,000 to N500,000 per year.
What Features Do 3 Bedroom Flats in Ajao Estate Include?
Most standard and executive 3 bedroom flats in Ajao Estate include the following features:
- All 3 rooms ensuite with private bathrooms
- Guest toilet separate from bedroom bathrooms
- POP ceiling finish
- Built-in wardrobes in all rooms
- Kitchen cabinet and kitchen exit
- Personal prepaid electricity meter
- Interlock paving from gate to entrance
- Balcony on upper floor units
- Dedicated parking space
- 24-hour security with gated access
Newly built 3 bedroom units also include gas cooker fittings and kitchen cabinets as standard.
What Are the Best Locations for 3 Bedroom Flats Within Ajao Estate?
The most active rental streets within Ajao Estate include:
- Airport Road – the main corridor with highest property density and quickest access to Murtala Muhammed International Airport
- Osolo Way – a residential axis with a mix of standard and executive units
- Fatai Irawo Street – known for newly built and renovated 3 bedroom terrace duplexes
- Off Okada Park – quieter inner streets with gated compounds and fewer tenants per building
Ajao Estate is connected to other parts of Lagos through Airport Road, Murtala Muhammed International Airport Road, and the Oshodi-Isolo Expressway, providing access to Ikeja, Yaba, and the mainland.
3 Bedroom Flat Rental Price Comparison in Ajao Estate Lagos
The table below compares 3 bedroom flat types in Ajao Estate by annual rent, floor position, and key features.
Flat Type | Annual Rent (approx.) | Floor | Key Features |
Standard 3 bedroom flat | N2.5 million | Ground or upper | Basic finish, 2-3 tenants per compound |
Executive 3 bedroom flat | N3.5 million – N4.5 million | Upper | All rooms ensuite, POP, wardrobe |
Newly built 3 bedroom flat | N5 million – N5.5 million | Upper | Ensuite, prepaid meter, kitchen cabinet |
3 bedroom parkout apartment | N5 million | Upper | All rooms ensuite, interlock, parking |
3 bedroom terrace duplex | N4.5 million – N7 million | Standalone | BQ, car garage, gated close |
How Do You Find a 3 Bedroom Flat for Rent in Ajao Estate Lagos?
There are 5 platforms for finding verified 3 bedroom flats in Ajao Estate:
- Jiji.ng – lists the highest volume of Ajao Estate rental properties with direct agent contacts.
- PropertyPro Nigeria – features agent-verified listings with price history and property photos.
- Nigeria Property Centre – covers flats, duplexes, and block lettings with current annual rates.
- Vetra Property – lists detailed 3 bedroom flats in Ajao Estate with ensuite and prepaid meter specifications.
- Private Property Nigeria – provides 3 bedroom duplex and flat listings with direct agent messaging.
What Documents Do You Need to Rent a Flat in Ajao Estate?
Landlords and agents in Ajao Estate typically require 4 documents from prospective tenants. These include a valid government-issued ID, proof of income or employment letter, 2 guarantor letters, and a completed tenancy application form. Some landlords request 6 months to 1 year of rent upfront as standard practice in Lagos.
Why Do Renters Choose Ajao Estate Over Other Lagos Neighbourhoods?
Proximity to Murtala Muhammed International Airport has helped define Ajao Estate’s economy. The estate sits along a 5.7 km Airport Road corridor and is well connected to Oshodi and other parts of Lagos. Rental prices in the estate are lower than comparable units in Ikeja GRA, Surulere, and Lekki, making it a practical option for mid-income renters.
How Far Is Ajao Estate from Key Lagos Landmarks?
- Murtala Muhammed International Airport: 5-10 minutes by road
- Ikeja city centre: approximately 15-20 minutes by road
- Oshodi Market: approximately 10-15 minutes via the Oshodi-Isolo Expressway
- Lagos Island: approximately 45-60 minutes depending on traffic
What Is the Step-by-Step Process for Renting a 3 Bedroom Flat in Ajao Estate?
There are 6 steps to renting a 3 bedroom flat in Ajao Estate Lagos:
- Set your annual budget, including agency fee (10%), legal fee (10%), and caution deposit.
- Search listings on platforms such as Jiji.ng, PropertyPro, and Nigeria Property Centre.
- Shortlist at least 3 properties and request video walkthroughs before physical inspections.
- Inspect the flat in person, checking the prepaid meter, plumbing, and security arrangements.
- Confirm the number of tenants in the compound and verify the landlord’s title document.
- Sign the tenancy agreement, pay the agreed fees, and collect your keys and receipts.
Renters in Ajao Estate pay rent annually in Lagos practice. Negotiate payment terms before signing, as some landlords accept 6-month installments for executive units.
Lukmon Isiaq is a Lagos-based property researcher and street-level writer who has spent years studying the Ajah corridor the way most people never bother: on foot, in compounds, and in conversation with landlords, tenants, caretakers, and estate agents who operate where the listings end and the real story begins.
He is not a property developer. He is not a real estate marketer. He is the person you call before you sign anything. The one who has personally walked flood-prone streets after October rain, argued with agents over undisclosed charges, and documented how the Lagos housing market actually works for ordinary Nigerians trying to make serious decisions with serious money.
His writing on Abraham Adesanya Estate Lekki Ajah covers the Ajah corridor, Ikota Villa, Ajao Estate, Ogudu GRA, and the wider Lekki property market with one consistent standard: the honest version, not the brochure version.
He understands the gap between what a listing promises and what a tenant discovers on their first rainy season.
