Land prices in Ayobo, Lagos
Ayobo is a district in Ikeja, Alimosho LGA, Lagos, in the lower-income zone. Residential land is about ₦65,000 per m², so a typical 600 m² plot is about ₦39m.
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| Typical 600 m² plot | ₦39m | residential |
| Land: residential | ₦65,000 | per m² |
| Land: commercial | ₦82,257 | per m² |
| Land: industrial | ₦107,965 | per m² |
| Building: 2-bed flat | ₦66.9m | asking price |
| Building: 3-bed flat | ₦77.5m | asking price |
| Building: 4-bed house | ₦125.3m | asking price |
| Building: 5-bed house | ₦163.4m | asking price |
| Rent: 1-bed / mini flat | ₦637,629 | per year |
| Rent: 2-bed flat | ₦1.5m | per year |
| Rent: 3-bed flat | ₦1.9m | per year |
| Rent: 4-bed house | ₦6.3m | per year |
| Rent: shop or office | ₦7,248 | per m² per year |
Alimosho LGA as a whole: ₦113,000 per m² median. Coordinates 6.60400, 3.23710.
Questions people ask
How much is a plot of land in Ayobo, Lagos?
A typical 600 m² residential plot in Ayobo, Lagos is about ₦39m (around ₦65,000 per m²) in asking prices as of October 2026. Commercial land is about ₦82,257 per m². Source: Buildocrat Land Value Book, updated weekly.
How much is rent for a 3-bedroom flat in Ayobo, Lagos?
About ₦1.9m a year for a 3-bedroom flat, ₦1.5m for a 2-bedroom flat and ₦637,629 for a 1-bedroom or mini flat (October 2026).
How much does a 4-bedroom house cost in Ayobo, Lagos?
Asking prices for a 4-bedroom house in Ayobo, Lagos are around ₦125.3m; a 3-bedroom flat around ₦77.5m (October 2026).