Land prices in Mbo LGA, Akwa Ibom
Mbo is a urban local government area of Akwa Ibom (299 km², 78 mapped places). Residential land has a median of ₦4,940 per m² (a 600 m² plot about ₦3m), from about ₦2,120 per m² in its villages to ₦5,370 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 | ₦3m | residential |
| Land: residential | ₦4,940 | per m² |
| Land: commercial | ₦14,300 | per m² |
| Land: industrial | ₦9,870 | per m² |
| Land: farmland | ₦11.6m | per hectare |
| Building: 2-bed flat | ₦22.6m | asking price |
| Building: 3-bed flat | ₦25.9m | asking price |
| Building: 4-bed house | ₦40.1m | asking price |
| Building: 5-bed house | ₦46.1m | asking price |
| Rent: 1-bed / mini flat | ₦306,000 | per year |
| Rent: 2-bed flat | ₦956,000 | per year |
| Rent: 3-bed flat | ₦1.1m | per year |
| Rent: 4-bed house | ₦2.4m | per year |
| Rent: shop or office | ₦3,190 | per m² per year |
Economic zones
| Zone | Places | Residential ₦/m² | Commercial ₦/m² | Farmland ₦/ha | Rent 3-bed |
|---|---|---|---|---|---|
| Small town | 24 | ₦5,340 | ₦15,200 | ₦22.3m | ₦1.2m |
| Village | 54 | ₦2,360 | ₦7,920 | ₦11.8m | ₦848,000 |
Urban parts of the LGA average ₦5,210 per m²; villages and rural land ₦2,320 per m².
Towns, districts and estates in Mbo
Questions people ask
How much is a plot of land in Mbo LGA, Akwa Ibom?
A typical 600 m² residential plot in Mbo LGA, Akwa Ibom is about ₦3m (around ₦4,940 per m²) in asking prices as of October 2026. Commercial land is about ₦14,300 per m². Source: Buildocrat Land Value Book, updated weekly.
How much is rent for a 3-bedroom flat in Mbo LGA, Akwa Ibom?
About ₦1.1m a year for a 3-bedroom flat, ₦956,000 for a 2-bedroom flat and ₦306,000 for a 1-bedroom or mini flat (October 2026).
How much does a 4-bedroom house cost in Mbo LGA, Akwa Ibom?
Asking prices for a 4-bedroom house in Mbo LGA, Akwa Ibom are around ₦40.1m; a 3-bedroom flat around ₦25.9m (October 2026).
What is the price of farmland in Mbo LGA, Akwa Ibom?
Farmland in Mbo LGA, Akwa Ibom is about ₦11.6m per hectare (October 2026).