Land prices in Ikot Ekpene LGA, Akwa Ibom
Ikot Ekpene is a peri-urban local government area of Akwa Ibom (162 km², 76 mapped places). Residential land has a median of ₦6,670 per m² (a 600 m² plot about ₦4m), from about ₦4,100 per m² in its villages to ₦14,400 in its most valuable neighbourhoods. Backed by 4 listings in or near the LGA.
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| Typical 600 m² plot | ₦4m | residential |
| Land: residential | ₦6,670 | per m² |
| Land: commercial | ₦18,100 | per m² |
| Land: industrial | ₦13,300 | per m² |
| Land: farmland | ₦24.3m | per hectare |
| Building: 2-bed flat | ₦25.2m | asking price |
| Building: 3-bed flat | ₦29m | asking price |
| Building: 4-bed house | ₦40.7m | asking price |
| Building: 5-bed house | ₦46.8m | asking price |
| Rent: 1-bed / mini flat | ₦344,000 | per year |
| Rent: 2-bed flat | ₦1.1m | per year |
| Rent: 3-bed flat | ₦1.3m | per year |
| Rent: 4-bed house | ₦2.6m | per year |
| Rent: shop or office | ₦3,080 | per m² per year |
Economic zones
| Zone | Places | Residential ₦/m² | Commercial ₦/m² | Farmland ₦/ha | Rent 3-bed |
|---|---|---|---|---|---|
| Middle-income | 9 | ₦14,800 | ₦34,100 | – | ₦1.8m |
| Lower-income | 52 | ₦6,610 | ₦18,000 | – | ₦1.3m |
| Village | 17 | ₦4,100 | ₦12,300 | ₦19.3m | ₦1.1m |
Urban parts of the LGA average ₦13,700 per m²; villages and rural land ₦6,260 per m².
Towns, districts and estates in Ikot Ekpene
Questions people ask
How much is a plot of land in Ikot Ekpene LGA, Akwa Ibom?
A typical 600 m² residential plot in Ikot Ekpene LGA, Akwa Ibom is about ₦4m (around ₦6,670 per m²) in asking prices as of October 2026. Commercial land is about ₦18,100 per m². Source: Buildocrat Land Value Book, updated weekly.
How much is rent for a 3-bedroom flat in Ikot Ekpene LGA, Akwa Ibom?
About ₦1.3m a year for a 3-bedroom flat, ₦1.1m for a 2-bedroom flat and ₦344,000 for a 1-bedroom or mini flat (October 2026).
How much does a 4-bedroom house cost in Ikot Ekpene LGA, Akwa Ibom?
Asking prices for a 4-bedroom house in Ikot Ekpene LGA, Akwa Ibom are around ₦40.7m; a 3-bedroom flat around ₦29m (October 2026).
What is the price of farmland in Ikot Ekpene LGA, Akwa Ibom?
Farmland in Ikot Ekpene LGA, Akwa Ibom is about ₦24.3m per hectare (October 2026).