Buildocrat Land Value Book

Land prices in Eleko, Lagos

Eleko is a district in Eleko, Ibeju Lekki LGA, Lagos, in the small town zone. Residential land is about ₦27,000 per m², so a typical 600 m² plot is about ₦16.2m.

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Land, building and rental values

Typical 600 m² plot₦16.2mresidential
Land: residential₦27,000per m²
Land: commercial₦55,704per m²
Land: industrial₦51,897per m²
Building: 2-bed flat₦39.5masking price
Building: 3-bed flat₦70.2masking price
Building: 4-bed house₦96.6masking price
Building: 5-bed house₦135.2masking price
Rent: 1-bed / mini flat₦753,982per year
Rent: 2-bed flat₦1.4mper year
Rent: 3-bed flat₦2.2mper year
Rent: 4-bed house₦4.7mper year
Rent: shop or office₦9,777per m² per year

Ibeju Lekki LGA as a whole: ₦30,100 per m² median. Coordinates 6.44090, 3.85430.

Questions people ask

How much is a plot of land in Eleko, Lagos?

A typical 600 m² residential plot in Eleko, Lagos is about ₦16.2m (around ₦27,000 per m²) in asking prices as of October 2026. Commercial land is about ₦55,704 per m². Source: Buildocrat Land Value Book, updated weekly.

How much is rent for a 3-bedroom flat in Eleko, Lagos?

About ₦2.2m a year for a 3-bedroom flat, ₦1.4m for a 2-bedroom flat and ₦753,982 for a 1-bedroom or mini flat (October 2026).

How much does a 4-bedroom house cost in Eleko, Lagos?

Asking prices for a 4-bedroom house in Eleko, Lagos are around ₦96.6m; a 3-bedroom flat around ₦70.2m (October 2026).

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