Land prices in Abak LGA, Akwa Ibom
Abak is a rural local government area of Akwa Ibom (170 km², 83 mapped places). Residential land has a median of ₦3,960 per m² (a 600 m² plot about ₦2.4m), from about ₦3,470 per m² in its villages to ₦4,360 in its most valuable neighbourhoods. Backed by 2 listings in or near the LGA.
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| Typical 600 m² plot | ₦2.4m | residential |
| Land: residential | ₦3,960 | per m² |
| Land: commercial | ₦12,000 | per m² |
| Land: industrial | ₦7,920 | per m² |
| Land: farmland | ₦18.9m | per hectare |
| Building: 2-bed flat | ₦20.8m | asking price |
| Building: 3-bed flat | ₦23.9m | asking price |
| Building: 4-bed house | ₦36.6m | asking price |
| Building: 5-bed house | ₦42.1m | asking price |
| Rent: 1-bed / mini flat | ₦280,000 | per year |
| Rent: 2-bed flat | ₦874,000 | per year |
| Rent: 3-bed flat | ₦1.1m | per year |
| Rent: 4-bed house | ₦2.2m | per year |
| Rent: shop or office | ₦2,910 | per m² per year |
Economic zones
| Zone | Places | Residential ₦/m² | Commercial ₦/m² | Farmland ₦/ha | Rent 3-bed |
|---|---|---|---|---|---|
| Small town | 3 | ₦6,930 | ₦18,600 | ₦25.8m | ₦1.3m |
| Village | 78 | ₦3,910 | ₦11,800 | ₦18.8m | ₦1m |
Urban parts of the LGA average ₦6,930 per m²; villages and rural land ₦3,910 per m².
Towns, districts and estates in Abak
Questions people ask
How much is a plot of land in Abak LGA, Akwa Ibom?
A typical 600 m² residential plot in Abak LGA, Akwa Ibom is about ₦2.4m (around ₦3,960 per m²) in asking prices as of October 2026. Commercial land is about ₦12,000 per m². Source: Buildocrat Land Value Book, updated weekly.
How much is rent for a 3-bedroom flat in Abak LGA, Akwa Ibom?
About ₦1.1m a year for a 3-bedroom flat, ₦874,000 for a 2-bedroom flat and ₦280,000 for a 1-bedroom or mini flat (October 2026).
How much does a 4-bedroom house cost in Abak LGA, Akwa Ibom?
Asking prices for a 4-bedroom house in Abak LGA, Akwa Ibom are around ₦36.6m; a 3-bedroom flat around ₦23.9m (October 2026).
What is the price of farmland in Abak LGA, Akwa Ibom?
Farmland in Abak LGA, Akwa Ibom is about ₦18.9m per hectare (October 2026).