Buildocrat Land Value Book

Land prices in Onike, Lagos

Onike is a district in Bariga, Lagos Mainland LGA, Lagos, in the high-income zone. Residential land is about ₦600,000 per m², so a typical 600 m² plot is about ₦360m.

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Land, building and rental values

Typical 600 m² plot₦360mresidential
Land: residential₦600,000per m²
Land: commercial₦709,843per m²
Land: industrial₦696,615per m²
Building: 2-bed flat₦173.3masking price
Building: 3-bed flat₦219.7masking price
Building: 4-bed house₦382.1masking price
Building: 5-bed house₦1.09bnasking price
Rent: 1-bed / mini flat₦2.3mper year
Rent: 2-bed flat₦5.1mper year
Rent: 3-bed flat₦7.5mper year
Rent: 4-bed house₦18.2mper year
Rent: shop or office₦62,717per m² per year

Lagos Mainland LGA as a whole: ₦508,000 per m² median. Coordinates 6.51260, 3.38250.

Questions people ask

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

A typical 600 m² residential plot in Onike, Lagos is about ₦360m (around ₦600,000 per m²) in asking prices as of October 2026. Commercial land is about ₦709,843 per m². Source: Buildocrat Land Value Book, updated weekly.

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

About ₦7.5m a year for a 3-bedroom flat, ₦5.1m for a 2-bedroom flat and ₦2.3m for a 1-bedroom or mini flat (October 2026).

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

Asking prices for a 4-bedroom house in Onike, Lagos are around ₦382.1m; a 3-bedroom flat around ₦219.7m (October 2026).

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