Lagos.CoolToday
IslandUpper-midLGA: Eti-Osa👥 80,000

Rent in Oniru

2-bed annual rent
₦6.0M–15.0M
/yr
Rental yield
4.5–6%
YoY change
▲ 16%

Rent by property type

Property typeRent range
2-bed₦6.0M–15.0M

Area profile

Power bandA
Service charge / yr
Location6.4350, 3.4400
InternetExcellent
TrafficHeavy
Flood riskHigh
Noise levelModerate

Estimated monthly costs

Rent (monthly equiv.)
₦875,000
Power (NEPA + supplement)
₦153,325
Total monthly
₦1,028,325
Lagos.Cool Editorial
28 July 2026 · 2 min read

About Oniru

Oniru is VI's upscale extension — newer buildings, wider roads, and proximity to Oniru Beach. At ₦6M–₦15M, it splits the difference between VI pricing and Lekki Phase 1. Many prefer it to VI for its slightly more residential feel while maintaining walking distance to VI's commercial core.

Pros

  • Walking distance to VI business district
  • Newer buildings than central VI
  • Oniru Beach access
  • Band A power

Cons

  • ₦6M–₦15M — premium pricing
  • Limited retail — depends on VI/Lekki
  • Traffic on Ozumba Mbadiwe

Ideal for

Affluent young professionalsExpats

Nearby neighborhoods

Nearby schools

No schools indexed for this area yet.

Water in Oniru

FairMixedBorehole: viable

Treatment advisable. Some areas have fresher water.

The character of Oniru

Oniru is the relatively new residential extension between Victoria Island and Lekki Phase 1 — built from the 2000s onward on land owned by the Oniru royal family. The area sits along the beach-facing edge of VI and runs to the Lekki-Ikoyi link bridge. Density is high: tall apartment blocks dominate, with newer 15-25 storey developments around Mayfair Gardens and Akiogun Road. Oniru attracts young professionals and small families priced out of Ikoyi but wanting the Island lifestyle. The character is high-rise, modern, somewhat anonymous — fewer street-level shops than Lekki Phase 1, more dependence on supermarket runs.

What your money gets you in Oniru

For ₦6M/year (the floor) you get a 1-bedroom apartment in a mid-rise block, 70-100 sqm, secure parking, generator. Between ₦10M and ₦18M annually you move into 2-3 bedroom apartments in serviced blocks with pool, gym, concierge. The ₦20M+ bracket buys penthouse-level apartments in newer towers with skyline or beach views.

Transport access

Car
Bordered by Ahmadu Bello (to VI), Lekki-Epe Expressway entry, and the Lekki-Ikoyi link bridge. Three good exits make Oniru one of the better-connected Island residential zones.
BRT
No direct BRT. VI/Lagos Island terminus 10-min by car.
Bolt/Uber
Saturated coverage. Walking-distance to many VI offices.

Utilities at a glance

power
NEPA Band A — 18-22 hours daily. Modern towers have automatic generator switchover
water
Mix of LSWC pipe and private boreholes; most newer blocks have on-site treatment
internet
Premium fibre — Spectranet, ipNX, MTN Fibre. Speeds 100-300Mbps standard

Safety notes

Solid — gated estate entries, private security on most blocks, low street-level crime. The beach-facing edge can be lightly patrolled at night; avoid solo walks on the beach after dark. The biggest practical risk is traffic accidents around the Lekki Phase 1 first roundabout during rush hour.

Similar neighborhoods

FAQ

Slightly — 1-bedroom apartments in Oniru typically run 10-15% less than equivalent properties in Lekki Phase 1. The trade-off is higher density (more high-rise blocks, less green space) and slightly fewer street-level amenities. Most renters who pick Oniru over Lekki Phase 1 do so for the better access to VI and Ikoyi.