Land prices in Ajegunle, Lagos
Ajegunle is a district in Apapa, Ajeromi/Ifelodun LGA, Lagos, in the high-income zone. Residential land is about ₦370,000 per m², so a typical 600 m² plot is about ₦222m.
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| Typical 600 m² plot | ₦222m | residential |
| Land: residential | ₦370,000 | per m² |
| Land: commercial | ₦398,386 | per m² |
| Land: industrial | ₦381,248 | per m² |
| Building: 2-bed flat | ₦138.9m | asking price |
| Building: 3-bed flat | ₦193.4m | asking price |
| Building: 4-bed house | ₦284.5m | asking price |
| Building: 5-bed house | ₦706.2m | asking price |
| Rent: 1-bed / mini flat | ₦2.2m | per year |
| Rent: 2-bed flat | ₦3.7m | per year |
| Rent: 3-bed flat | ₦5.2m | per year |
| Rent: 4-bed house | ₦14m | per year |
| Rent: shop or office | ₦40,720 | per m² per year |
Ajeromi/Ifelodun LGA as a whole: ₦378,000 per m² median. Coordinates 6.45530, 3.34010.
Questions people ask
How much is a plot of land in Ajegunle, Lagos?
A typical 600 m² residential plot in Ajegunle, Lagos is about ₦222m (around ₦370,000 per m²) in asking prices as of October 2026. Commercial land is about ₦398,386 per m². Source: Buildocrat Land Value Book, updated weekly.
How much is rent for a 3-bedroom flat in Ajegunle, Lagos?
About ₦5.2m a year for a 3-bedroom flat, ₦3.7m 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 Ajegunle, Lagos?
Asking prices for a 4-bedroom house in Ajegunle, Lagos are around ₦284.5m; a 3-bedroom flat around ₦193.4m (October 2026).