Buildocrat Land Value Book

Land prices in Ibeju Lekki LGA, Lagos

Ibeju Lekki is a urban local government area of Lagos (419 km², 144 mapped places). Residential land has a median of ₦30,100 per m² (a 600 m² plot about ₦18.1m), from about ₦4,160 per m² in its villages to ₦82,600 in its most valuable neighbourhoods. Backed by 135 listings in or near the LGA.

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Land, building and rental values

Typical 600 m² plot₦18.1mresidential
Land: residential₦30,100per m²
Land: commercial₦62,100per m²
Land: industrial₦56,000per m²
Land: farmland₦57.7mper hectare
Building: 2-bed flat₦41.1masking price
Building: 3-bed flat₦73.2masking price
Building: 4-bed house₦101masking price
Building: 5-bed house₦143masking price
Rent: 1-bed / mini flat₦787,000per year
Rent: 2-bed flat₦1.5mper year
Rent: 3-bed flat₦2.3mper year
Rent: 4-bed house₦4.9mper year
Rent: shop or office₦10,900per m² per year

Economic zones

ZonePlacesResidential ₦/m²Commercial ₦/m²Farmland ₦/haRent 3-bed
Lower-income37₦65,400₦120,000–₦3.7m
Small town17₦31,500₦47,800₦75.6m₦2.5m
Village58₦24,800₦45,500₦66.4m₦2.3m
Remote / farmland38₦5,390₦15,500₦27m₦1.1m

Urban parts of the LGA average ₦36,000 per m²; villages and rural land ₦19,100 per m².

Towns, districts and estates in Ibeju Lekki

Eleko town, ₦54,000/m²Awoyaya town, ₦36,000/m²Ibeju-Lekki town, ₦30,000/m²Lakowe district, ₦84,000/m²Eko Akete Estate gated estate, ₦79,000/m²Eputu district, ₦65,000/m²Mayfair Gardens Estate gated estate, ₦60,000/m²Amen Estate gated estate, ₦55,000/m²Aiyeteju district, ₦39,000/m²Sapphire Gardens Estate gated estate, ₦37,000/m²Ibeju district, ₦34,000/m²Beechwood Estate gated estate, ₦31,000/m²Adiva Plainfields Estate gated estate, ₦30,000/m²Eleko district, ₦27,000/m²Gbogije district, ₦27,000/m²Apakin district, ₦12,000/m²

Questions people ask

How much is a plot of land in Ibeju Lekki LGA, Lagos?

A typical 600 m² residential plot in Ibeju Lekki LGA, Lagos is about ₦18.1m (around ₦30,100 per m²) in asking prices as of October 2026. Commercial land is about ₦62,100 per m². Source: Buildocrat Land Value Book, updated weekly.

How much is rent for a 3-bedroom flat in Ibeju Lekki LGA, Lagos?

About ₦2.3m a year for a 3-bedroom flat, ₦1.5m for a 2-bedroom flat and ₦787,000 for a 1-bedroom or mini flat (October 2026).

How much does a 4-bedroom house cost in Ibeju Lekki LGA, Lagos?

Asking prices for a 4-bedroom house in Ibeju Lekki LGA, Lagos are around ₦101m; a 3-bedroom flat around ₦73.2m (October 2026).

What is the price of farmland in Ibeju Lekki LGA, Lagos?

Farmland in Ibeju Lekki LGA, Lagos is about ₦57.7m per hectare (October 2026).

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