Land prices in Federal Housing Area, Imo
Federal Housing Area is a gated estate in Area S, Umuguma, Owerri Municipal LGA, Imo, in the high-income zone. Residential land is about ₦23,000 per m², so a typical 600 m² plot is about ₦13.8m.
See Federal Housing Area on the satellite map, with postcodesAsk us on WhatsAppLand, building and rental values
| Typical 600 m² plot | ₦13.8m | residential |
| Land: residential | ₦23,000 | per m² |
| Land: commercial | ₦23,000 | per m² |
| Land: industrial | ₦47,558 | per m² |
| Building: 2-bed flat | ₦69.4m | asking price |
| Building: 3-bed flat | ₦79.8m | asking price |
| Building: 4-bed house | ₦106.1m | asking price |
| Building: 5-bed house | ₦127.5m | asking price |
| Rent: 1-bed / mini flat | ₦558,990 | per year |
| Rent: 2-bed flat | ₦1m | per year |
| Rent: 3-bed flat | ₦1.2m | per year |
| Rent: 4-bed house | ₦5.6m | per year |
| Rent: shop or office | ₦7,893 | per m² per year |
Owerri Municipal LGA as a whole: ₦25,700 per m² median. Coordinates 5.47980, 6.99480.
Questions people ask
How much is a plot of land in Federal Housing Area, Imo?
A typical 600 m² residential plot in Federal Housing Area, Imo is about ₦13.8m (around ₦23,000 per m²) in asking prices as of October 2026. Commercial land is about ₦23,000 per m². Source: Buildocrat Land Value Book, updated weekly.
How much is rent for a 3-bedroom flat in Federal Housing Area, Imo?
About ₦1.2m a year for a 3-bedroom flat, ₦1m for a 2-bedroom flat and ₦558,990 for a 1-bedroom or mini flat (October 2026).
How much does a 4-bedroom house cost in Federal Housing Area, Imo?
Asking prices for a 4-bedroom house in Federal Housing Area, Imo are around ₦106.1m; a 3-bedroom flat around ₦79.8m (October 2026).