Land prices in Ajeromi/Ifelodun LGA, Lagos
Ajeromi/Ifelodun is a metro core local government area of Lagos (12 km², 17 mapped places). Residential land has a median of ₦378,000 per m² (a 600 m² plot about ₦226.8m), from about ₦233,000 per m² in its villages to ₦481,000 in its most valuable neighbourhoods. Backed by 39 listings in or near the LGA.
See Ajeromi/Ifelodun on the satellite map, with postcodesAsk us on WhatsAppLand, building and rental values
| Typical 600 m² plot | ₦226.8m | residential |
| Land: residential | ₦378,000 | per m² |
| Land: commercial | ₦407,000 | per m² |
| Land: industrial | ₦387,000 | per m² |
| Building: 2-bed flat | ₦140m | asking price |
| Building: 3-bed flat | ₦195m | asking price |
| Building: 4-bed house | ₦287m | asking price |
| Building: 5-bed house | ₦714m | asking price |
| Rent: 1-bed / mini flat | ₦2.2m | per year |
| Rent: 2-bed flat | ₦3.8m | per year |
| Rent: 3-bed flat | ₦5.2m | per year |
| Rent: 4-bed house | ₦14.1m | per year |
| Rent: shop or office | ₦41,600 | per m² per year |
Economic zones
| Zone | Places | Residential ₦/m² | Commercial ₦/m² | Farmland ₦/ha | Rent 3-bed |
|---|---|---|---|---|---|
| High-income | 10 | ₦396,000 | ₦443,000 | – | ₦5.6m |
| Middle-income | 4 | ₦341,000 | ₦368,000 | – | ₦5m |
| Lower-income | 3 | ₦261,000 | ₦299,000 | – | ₦4.3m |
Urban parts of the LGA average ₦384,000 per m²; villages and rural land ₦261,000 per m².
Towns, districts and estates in Ajeromi/Ifelodun
Questions people ask
How much is a plot of land in Ajeromi/Ifelodun LGA, Lagos?
A typical 600 m² residential plot in Ajeromi/Ifelodun LGA, Lagos is about ₦226.8m (around ₦378,000 per m²) in asking prices as of October 2026. Commercial land is about ₦407,000 per m². Source: Buildocrat Land Value Book, updated weekly.
How much is rent for a 3-bedroom flat in Ajeromi/Ifelodun LGA, Lagos?
About ₦5.2m a year for a 3-bedroom flat, ₦3.8m for a 2-bedroom flat and ₦2.2m for a 1-bedroom or mini flat (October 2026).
How much does a 4-bedroom house cost in Ajeromi/Ifelodun LGA, Lagos?
Asking prices for a 4-bedroom house in Ajeromi/Ifelodun LGA, Lagos are around ₦287m; a 3-bedroom flat around ₦195m (October 2026).