Land prices in Iddo, Lagos
Iddo is a district in Lagos Island, Lagos Mainland LGA, Lagos, in the middle-income zone. Residential land is about ₦340,000 per m², so a typical 600 m² plot is about ₦204m.
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| Typical 600 m² plot | ₦204m | residential |
| Land: residential | ₦340,000 | per m² |
| Land: commercial | ₦402,244 | per m² |
| Land: industrial | ₦468,082 | per m² |
| Building: 2-bed flat | ₦140.6m | asking price |
| Building: 3-bed flat | ₦176.3m | asking price |
| Building: 4-bed house | ₦303.1m | asking price |
| Building: 5-bed house | ₦811.3m | asking price |
| Rent: 1-bed / mini flat | ₦1.8m | per year |
| Rent: 2-bed flat | ₦4m | per year |
| Rent: 3-bed flat | ₦6m | per year |
| Rent: 4-bed house | ₦14.7m | per year |
| Rent: shop or office | ₦35,539 | per m² per year |
Lagos Mainland LGA as a whole: ₦508,000 per m² median. Coordinates 6.47020, 3.38110.
Questions people ask
How much is a plot of land in Iddo, Lagos?
A typical 600 m² residential plot in Iddo, Lagos is about ₦204m (around ₦340,000 per m²) in asking prices as of October 2026. Commercial land is about ₦402,244 per m². Source: Buildocrat Land Value Book, updated weekly.
How much is rent for a 3-bedroom flat in Iddo, Lagos?
About ₦6m a year for a 3-bedroom flat, ₦4m for a 2-bedroom flat and ₦1.8m for a 1-bedroom or mini flat (October 2026).
How much does a 4-bedroom house cost in Iddo, Lagos?
Asking prices for a 4-bedroom house in Iddo, Lagos are around ₦303.1m; a 3-bedroom flat around ₦176.3m (October 2026).