3 bedroom flats for rent in Ikota Villa Estate, Lekki, Lagos range from ?3,500,000 to ?7,000,000 per annum, depending on furnishing, floor level, and finishing quality. The estate is in Ikota, within the Eti-Osa Local Government Area. Active listings are available on Nigeria Property Centre, PropertyPro Nigeria, and Jiji.ng.
For more context, read the previous guide: 3 Bedroom Flat for Rent in Ajao Estate Lagos: Prices, Features, and Top Platforms to Search.
What Is a 3 Bedroom Flat in Ikota Villa Estate?
A 3 bedroom flat in Ikota Villa Estate is a residential apartment with 3 bedrooms, a living room, a kitchen, and at least 3 bathrooms. Most units sit within a secured estate with shared amenities. The estate contains both older and newer residential blocks, each carrying a different price range and finishing standard.
How Much Is a 3 Bedroom Flat for Rent in Ikota Villa Estate?
3 bedroom flat rent in the estate ranges from ?3,500,000 to ?7,000,000 per annum. Price depends on furnishing status, floor level, finishing quality, and building age.
The table below covers rent ranges by category, based on active listings on Nigeria Property Centre as of 2025.
Category | Furnishing | Annual Rent (?) |
Standard | Unfurnished | 3,500,000 – 4,500,000 |
Mid-range | Unfurnished | 4,500,000 – 6,500,000 |
Premium | Furnished | 6,500,000 – 7,000,000+ |
Contact real estate agents directly for current listings, as prices are reviewed annually.
What Are the Additional Costs When Renting a 3 Bedroom Flat in Ikota Villa Estate?
There are 4 standard additional costs when renting a flat in the estate. These are:
- Agency fee – 10% of the annual rent, paid to the letting agent
- Legal fee – 10% of the annual rent, paid for tenancy agreement documentation
- Caution deposit – 10% of the annual rent or a fixed amount between ?500,000 and ?2,000,000, refundable at the end of the tenancy
- Service charge – ?400,000 to ?1,000,000 per annum, covering shared estate amenities
The total move-in cost for a 3 bedroom flat renting at ?4,500,000 per annum is approximately ?6,300,000 to ?6,800,000, including all fees and service charge.
What Does the Service Charge Cover in Ikota Villa Estate?
The service charge covers 5 shared estate services. These are:
- LAWMA waste collection and disposal
- Security personnel and estate access control
- Cleaning and maintenance of common areas
- Central generator maintenance
- Water treatment plant operation
Some listings specify that power supply is excluded from the service charge. Tenants in these units purchase electricity separately through prepaid meters or a diesel deposit arrangement.
What Features Do 3 Bedroom Flats in Ikota Villa Estate Include?
3 bedroom flats in the estate include 8 standard features. These are:
- All rooms ensuite with private bathrooms
- Fitted kitchen with cabinets
- Built-in wardrobes in each bedroom
- Balcony in most mid-range and premium units
- CCTV surveillance within the estate
- 24-hour security and gated access
- Ample parking space
- Water treatment plant for clean running water
Premium and furnished units also include water heaters, modern lighting fixtures, and dedicated transformer connections for stable power supply.
What Types of 3 Bedroom Flats Are Available for Rent in Ikota Villa Estate?
There are 3 types of 3 bedroom flats available for rent in the estate. These are:
- Unfurnished 3 bedroom flat – basic finishing with empty rooms; tenants supply furniture and appliances
- Furnished 3 bedroom flat – includes furniture, kitchen appliances, and fitted accessories
- Serviced 3 bedroom flat – a fully managed unit with included utilities, facility management, and cleaning
Serviced apartments command higher rents, typically from ?6,000,000 per annum, due to included facilities management.
Where Is Ikota Villa Estate Located in Lagos?
Ikota Villa Estate is a gated residential estate in Ikota, Lekki, Lagos. It sits within the Eti-Osa Local Government Area, near the Lekki-Epe Expressway, approximately 22 kilometers from Lagos Island.
Surrounding communities include Victoria Garden City (VGC), Ajah, Lekki Phase 2, and Osapa London. The estate is close to commercial hubs such as Ikota Shopping Complex, Ebeano Supermarket, and Funderland Mall.
How Do You Rent a 3 Bedroom Flat in Ikota Villa Estate?
Renting a flat in the estate involves 6 steps. These are:
- Set a budget covering rent, agency fee, legal fee, and service charge before starting the search
- Search active listings on platforms such as Nigeria Property Centre, PropertyPro Nigeria, and Jiji.ng
- Contact a licensed real estate agent with experience in Lekki properties [internal link: real estate agents in Lekki Lagos]
- Schedule an inspection – most agents charge an inspection fee of ?5,000 to ?10,000
- Review the tenancy agreement thoroughly before signing
- Make payment in the correct order – caution deposit first, followed by rent, agency fee, and legal fee
A registered real estate lawyer reduces documentation errors and confirms the tenancy agreement is legally binding under Lagos State property law.
What Documents Do You Need to Rent a 3 Bedroom Flat in Ikota Villa Estate?
There are 4 documents required to complete a rental transaction in the estate. These are:
- Valid government-issued identification – National ID card, international passport, or voter’s card
- Recent passport photographs – a minimum of 2
- Proof of income or employment letter – required by most landlords for tenant background checks
- Completed tenancy application form – provided by the landlord or agent at the point of application
Some landlords also request a guarantor form signed by a working professional or a letter of introduction from an employer.
Where Can You Find 3 Bedroom Flats for Rent in Ikota Villa Estate?
There are 3 reliable channels for finding verified listings in the estate. These are:
- Nigeria Property Centre at nigeriapropertycentre.com – lists active 3 bedroom flats with agent contacts, photos, and price breakdowns
- PropertyPro Nigeria at propertypro.ng – updated listings with price filters and agent verification
- Licensed real estate agencies operating in the Lekki-Ikota axis, such as Innodia Exploit Ltd, Mausi Realty, and Axis & Fortress Limited
Online platforms allow tenants to compare rents, view unit photos, and contact agents directly before scheduling a physical inspection.
Why Do Tenants Choose 3 Bedroom Flats in Ikota Villa Estate?
There are 5 key reasons tenants choose 3 bedroom flats in the estate. These are:
- Gated security – controlled access and 24-hour security personnel are standard across the estate
- Proximity to Lekki-Epe Expressway – easy access to major Lagos routes for daily commuting
- Access to retail and services – Ikota Shopping Complex, Ebeano Supermarket, and Funderland Mall are within short driving distance
- Variety of rental options – the estate offers standard, mid-range, and furnished units across different price points
- Established infrastructure – roads, drainage, water treatment, and power arrangements are in place within the estate
According to Nigeria Property Centre’s area guide for Ikota, the estate accommodates residents from different income levels due to its mix of housing types and price ranges.
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.
