Land prices in Owan West LGA, Edo
Owan West is a rural local government area of Edo (736 km², 52 mapped places). Residential land has a median of ₦2,460 per m² (a 600 m² plot about ₦1.5m), from about ₦1,550 per m² in its villages to ₦3,000 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 | ₦1.5m | residential |
| Land: residential | ₦2,460 | per m² |
| Land: commercial | ₦12,900 | per m² |
| Land: industrial | ₦4,910 | per m² |
| Land: farmland | ₦11.2m | per hectare |
| Building: 2-bed flat | ₦19.8m | asking price |
| Building: 3-bed flat | ₦22.9m | asking price |
| Building: 4-bed house | ₦31.1m | asking price |
| Building: 5-bed house | ₦35.8m | asking price |
| Rent: 1-bed / mini flat | ₦214,000 | per year |
| Rent: 2-bed flat | ₦469,000 | per year |
| Rent: 3-bed flat | ₦589,000 | per year |
| Rent: 4-bed house | ₦1.6m | per year |
| Rent: shop or office | ₦3,010 | per m² per year |
Economic zones
| Zone | Places | Residential ₦/m² | Commercial ₦/m² | Farmland ₦/ha | Rent 3-bed |
|---|---|---|---|---|---|
| Village | 34 | ₦2,570 | ₦13,300 | ₦11.5m | ₦600,000 |
| Remote / farmland | 17 | ₦1,620 | ₦9,250 | ₦8.1m | ₦497,000 |
Urban parts of the LGA average ₦4,910 per m²; villages and rural land ₦2,440 per m².
Towns, districts and estates in Owan West
Questions people ask
How much is a plot of land in Owan West LGA, Edo?
A typical 600 m² residential plot in Owan West LGA, Edo is about ₦1.5m (around ₦2,460 per m²) in asking prices as of October 2026. Commercial land is about ₦12,900 per m². Source: Buildocrat Land Value Book, updated weekly.
How much is rent for a 3-bedroom flat in Owan West LGA, Edo?
About ₦589,000 a year for a 3-bedroom flat, ₦469,000 for a 2-bedroom flat and ₦214,000 for a 1-bedroom or mini flat (October 2026).
How much does a 4-bedroom house cost in Owan West LGA, Edo?
Asking prices for a 4-bedroom house in Owan West LGA, Edo are around ₦31.1m; a 3-bedroom flat around ₦22.9m (October 2026).
What is the price of farmland in Owan West LGA, Edo?
Farmland in Owan West LGA, Edo is about ₦11.2m per hectare (October 2026).