Land prices in Ika LGA, Akwa Ibom
Ika is a rural local government area of Akwa Ibom (112 km², 29 mapped places). Residential land has a median of ₦4,100 per m² (a 600 m² plot about ₦2.5m), from about ₦3,660 per m² in its villages to ₦4,280 in its most valuable neighbourhoods. There are no listings in the LGA, so these values are modelled from its surroundings.
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| Typical 600 m² plot | ₦2.5m | residential |
| Land: residential | ₦4,100 | per m² |
| Land: commercial | ₦12,300 | per m² |
| Land: industrial | ₦8,200 | per m² |
| Land: farmland | ₦19.3m | per hectare |
| Building: 2-bed flat | ₦21.1m | asking price |
| Building: 3-bed flat | ₦24.2m | asking price |
| Building: 4-bed house | ₦37.2m | asking price |
| Building: 5-bed house | ₦42.7m | asking price |
| Rent: 1-bed / mini flat | ₦284,000 | per year |
| Rent: 2-bed flat | ₦886,000 | per year |
| Rent: 3-bed flat | ₦1.1m | per year |
| Rent: 4-bed house | ₦2.2m | per year |
| Rent: shop or office | ₦2,960 | per m² per year |
Economic zones
| Zone | Places | Residential ₦/m² | Commercial ₦/m² | Farmland ₦/ha | Rent 3-bed |
|---|---|---|---|---|---|
| Village | 28 | ₦4,100 | ₦12,300 | ₦19.3m | ₦1.1m |
Urban parts of the LGA average ₦6,830 per m²; villages and rural land ₦4,100 per m².
Towns, districts and estates in Ika
Questions people ask
How much is a plot of land in Ika LGA, Akwa Ibom?
A typical 600 m² residential plot in Ika LGA, Akwa Ibom is about ₦2.5m (around ₦4,100 per m²) in asking prices as of October 2026. Commercial land is about ₦12,300 per m². Source: Buildocrat Land Value Book, updated weekly.
How much is rent for a 3-bedroom flat in Ika LGA, Akwa Ibom?
About ₦1.1m a year for a 3-bedroom flat, ₦886,000 for a 2-bedroom flat and ₦284,000 for a 1-bedroom or mini flat (October 2026).
How much does a 4-bedroom house cost in Ika LGA, Akwa Ibom?
Asking prices for a 4-bedroom house in Ika LGA, Akwa Ibom are around ₦37.2m; a 3-bedroom flat around ₦24.2m (October 2026).
What is the price of farmland in Ika LGA, Akwa Ibom?
Farmland in Ika LGA, Akwa Ibom is about ₦19.3m per hectare (October 2026).