Buildocrat Land Value Book

Land prices in Lagos Mainland LGA, Lagos

Lagos Mainland is a metro core local government area of Lagos (20 km², 67 mapped places). Residential land has a median of ₦508,000 per m² (a 600 m² plot about ₦304.8m), from about ₦407,000 per m² in its villages to ₦587,000 in its most valuable neighbourhoods. Backed by 144 listings in or near the LGA.

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Land, building and rental values

Typical 600 m² plot₦304.8mresidential
Land: residential₦508,000per m²
Land: commercial₦601,000per m²
Land: industrial₦620,000per m²
Building: 2-bed flat₦163masking price
Building: 3-bed flat₦206masking price
Building: 4-bed house₦357masking price
Building: 5-bed house₦997masking price
Rent: 1-bed / mini flat₦2.2mper year
Rent: 2-bed flat₦4.7mper year
Rent: 3-bed flat₦7mper year
Rent: 4-bed house₦17.1mper year
Rent: shop or office₦53,100per m² per year

Economic zones

ZonePlacesResidential ₦/m²Commercial ₦/m²Farmland ₦/haRent 3-bed
High-income70₦509,000₦603,000–₦7.1m

Urban parts of the LGA average ₦508,000 per m²; villages and rural land ₦488,000 per m².

Towns, districts and estates in Lagos Mainland

Questions people ask

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

A typical 600 m² residential plot in Lagos Mainland LGA, Lagos is about ₦304.8m (around ₦508,000 per m²) in asking prices as of October 2026. Commercial land is about ₦601,000 per m². Source: Buildocrat Land Value Book, updated weekly.

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

About ₦7m a year for a 3-bedroom flat, ₦4.7m 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 Lagos Mainland LGA, Lagos?

Asking prices for a 4-bedroom house in Lagos Mainland LGA, Lagos are around ₦357m; a 3-bedroom flat around ₦206m (October 2026).

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