Land prices in Owan East LGA, Edo
Owan East is a rural local government area of Edo (1,246 km², 79 mapped places). Residential land has a median of ₦1,640 per m² (a 600 m² plot about ₦984,000), from about ₦1,300 per m² in its villages to ₦2,550 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 | ₦984,000 | residential |
| Land: residential | ₦1,640 | per m² |
| Land: commercial | ₦9,300 | per m² |
| Land: industrial | ₦3,270 | per m² |
| Land: farmland | ₦8.1m | per hectare |
| Building: 2-bed flat | ₦17m | asking price |
| Building: 3-bed flat | ₦19.6m | asking price |
| Building: 4-bed house | ₦26.4m | asking price |
| Building: 5-bed house | ₦30.3m | asking price |
| Rent: 1-bed / mini flat | ₦182,000 | per year |
| Rent: 2-bed flat | ₦397,000 | per year |
| Rent: 3-bed flat | ₦498,000 | per year |
| Rent: 4-bed house | ₦1.4m | per year |
| Rent: shop or office | ₦2,540 | per m² per year |
Economic zones
| Zone | Places | Residential ₦/m² | Commercial ₦/m² | Farmland ₦/ha | Rent 3-bed |
|---|---|---|---|---|---|
| Village | 30 | ₦2,140 | ₦11,500 | ₦10.5m | ₦556,000 |
| Remote / farmland | 48 | ₦1,440 | ₦8,380 | ₦7.2m | ₦474,000 |
Urban parts of the LGA average ₦4,680 per m²; villages and rural land ₦1,610 per m².
Towns, districts and estates in Owan East
Questions people ask
How much is a plot of land in Owan East LGA, Edo?
A typical 600 m² residential plot in Owan East LGA, Edo is about ₦984,000 (around ₦1,640 per m²) in asking prices as of October 2026. Commercial land is about ₦9,300 per m². Source: Buildocrat Land Value Book, updated weekly.
How much is rent for a 3-bedroom flat in Owan East LGA, Edo?
About ₦498,000 a year for a 3-bedroom flat, ₦397,000 for a 2-bedroom flat and ₦182,000 for a 1-bedroom or mini flat (October 2026).
How much does a 4-bedroom house cost in Owan East LGA, Edo?
Asking prices for a 4-bedroom house in Owan East LGA, Edo are around ₦26.4m; a 3-bedroom flat around ₦19.6m (October 2026).
What is the price of farmland in Owan East LGA, Edo?
Farmland in Owan East LGA, Edo is about ₦8.1m per hectare (October 2026).