Land prices in Benin, Edo
Benin is a city in Oredo LGA, Edo, in the middle-income zone. Residential land is about ₦23,000 per m², so a typical 600 m² plot is about ₦13.8m.
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| Typical 600 m² plot | ₦13.8m | residential |
| Land: residential | ₦23,000 | per m² |
| Land: commercial | ₦118,744 | per m² |
| Land: industrial | ₦38,998 | per m² |
| Building: 2-bed flat | ₦45.2m | asking price |
| Building: 3-bed flat | ₦81.8m | asking price |
| Building: 4-bed house | ₦106.9m | asking price |
| Building: 5-bed house | ₦123.2m | asking price |
| Rent: 1-bed / mini flat | ₦512,449 | per year |
| Rent: 2-bed flat | ₦1.2m | per year |
| Rent: 3-bed flat | ₦1.5m | per year |
| Rent: 4-bed house | ₦3.6m | per year |
| Rent: shop or office | ₦7,895 | per m² per year |
Oredo LGA as a whole: ₦21,500 per m² median. Coordinates 6.33210, 5.62020.
Questions people ask
How much is a plot of land in Benin, Edo?
A typical 600 m² residential plot in Benin, Edo is about ₦13.8m (around ₦23,000 per m²) in asking prices as of October 2026. Commercial land is about ₦118,744 per m². Source: Buildocrat Land Value Book, updated weekly.
How much is rent for a 3-bedroom flat in Benin, Edo?
About ₦1.5m a year for a 3-bedroom flat, ₦1.2m for a 2-bedroom flat and ₦512,449 for a 1-bedroom or mini flat (October 2026).
How much does a 4-bedroom house cost in Benin, Edo?
Asking prices for a 4-bedroom house in Benin, Edo are around ₦106.9m; a 3-bedroom flat around ₦81.8m (October 2026).