Buildocrat Land Value Book

Land prices in Ikorodu LGA, Lagos

Ikorodu is a urban local government area of Lagos (415 km², 258 mapped places). Residential land has a median of ₦35,400 per m² (a 600 m² plot about ₦21.2m), from about ₦7,140 per m² in its villages to ₦63,000 in its most valuable neighbourhoods. Backed by 195 listings in or near the LGA.

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Land, building and rental values

Typical 600 m² plot₦21.2mresidential
Land: residential₦35,400per m²
Land: commercial₦101,000per m²
Land: industrial₦55,800per m²
Land: farmland₦73.3mper hectare
Building: 2-bed flat₦48masking price
Building: 3-bed flat₦72.4masking price
Building: 4-bed house₦99.8masking price
Building: 5-bed house₦120masking price
Rent: 1-bed / mini flat₦711,000per year
Rent: 2-bed flat₦1.4mper year
Rent: 3-bed flat₦2.2mper year
Rent: 4-bed house₦5.2mper year
Rent: shop or office₦11,500per m² per year

Economic zones

ZonePlacesResidential ₦/m²Commercial ₦/m²Farmland ₦/haRent 3-bed
Lower-income280₦33,600₦113,000–₦2.2m
Remote / farmland11₦2,940₦8,740₦14.7m₦872,000

Urban parts of the LGA average ₦38,300 per m²; villages and rural land ₦29,700 per m².

Towns, districts and estates in Ikorodu

Ikorodu city, ₦22,000/m²Jokogbola Estate Agbede gated estate, ₦69,000/m²Koya Estate gated estate, ₦69,000/m²Lagoon View Estate gated estate, ₦65,000/m²Akinsanya Estate gated estate, ₦63,000/m²Ifedapo Estate Community gated estate, ₦61,000/m²Covenant Estate Ayeberi gated estate, ₦57,000/m²Home Of Grace Estate gated estate, ₦56,000/m²Oba Adeboruwa Housing Estate gated estate, ₦50,000/m²Eyinle Estate Laketu gated estate, ₦40,000/m²Marvellous Estate gated estate, ₦39,000/m²Freedom Estate gated estate, ₦37,000/m²Oloja Oguntade Estate gated estate, ₦36,000/m²Orere Abosan Estate gated estate, ₦35,000/m²Olaife Estate gated estate, ₦35,000/m²Lagoon View Estate gated estate, ₦35,000/m²Rofo Estate gated estate, ₦34,000/m²Ogunshe Estate gated estate, ₦32,000/m²His Glory Estate gated estate, ₦31,000/m²Egbin Housing Estate gated estate, ₦30,000/m²Ayangburen Jubilee Estate gated estate, ₦29,000/m²Glory Garden gated estate, ₦29,000/m²Mabadeje Arisenijo Estate gated estate, ₦28,000/m²Lowa Estate gated estate, ₦27,000/m²Tos Benson Estate gated estate, ₦27,000/m²Royal Estate gated estate, ₦25,000/m²Ojokoro Newtown Estate gated estate, ₦23,000/m²Solomade Estate gated estate, ₦22,000/m²Town Park and Gardens Phase 1 gated estate, ₦22,000/m²Ikorodu Gardens Phase 1 gated estate, ₦22,000/m²Treasure Island Estate gated estate, ₦20,000/m²Diamond Estate gated estate, ₦17,000/m²Town Park and Garden gated estate, ₦820/m²Pineapple Estate gated estate, ₦820/m²

Questions people ask

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

A typical 600 m² residential plot in Ikorodu LGA, Lagos is about ₦21.2m (around ₦35,400 per m²) in asking prices as of October 2026. Commercial land is about ₦101,000 per m². Source: Buildocrat Land Value Book, updated weekly.

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

About ₦2.2m a year for a 3-bedroom flat, ₦1.4m for a 2-bedroom flat and ₦711,000 for a 1-bedroom or mini flat (October 2026).

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

Asking prices for a 4-bedroom house in Ikorodu LGA, Lagos are around ₦99.8m; a 3-bedroom flat around ₦72.4m (October 2026).

What is the price of farmland in Ikorodu LGA, Lagos?

Farmland in Ikorodu LGA, Lagos is about ₦73.3m per hectare (October 2026).

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