Buildocrat Land Value Book

Land prices in Ojo LGA, Lagos

Ojo is a urban local government area of Lagos (173 km², 91 mapped places). Residential land has a median of ₦53,100 per m² (a 600 m² plot about ₦31.9m), from about ₦23,100 per m² in its villages to ₦72,200 in its most valuable neighbourhoods. Backed by 31 listings in or near the LGA.

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Land, building and rental values

Typical 600 m² plot₦31.9mresidential
Land: residential₦53,100per m²
Land: commercial₦82,000per m²
Land: industrial₦88,600per m²
Land: farmland₦85.6mper hectare
Building: 2-bed flat₦71.9masking price
Building: 3-bed flat₦82.7masking price
Building: 4-bed house₦92.6masking price
Building: 5-bed house₦191masking price
Rent: 1-bed / mini flat₦986,000per year
Rent: 2-bed flat₦1.6mper year
Rent: 3-bed flat₦2.2mper year
Rent: 4-bed house₦6.5mper year
Rent: shop or office₦11,400per m² per year

Economic zones

ZonePlacesResidential ₦/m²Commercial ₦/m²Farmland ₦/haRent 3-bed
Lower-income91₦47,300₦76,300–₦2.1m

Urban parts of the LGA average ₦61,100 per m²; villages and rural land ₦39,600 per m².

Towns, districts and estates in Ojo

Questions people ask

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

A typical 600 m² residential plot in Ojo LGA, Lagos is about ₦31.9m (around ₦53,100 per m²) in asking prices as of October 2026. Commercial land is about ₦82,000 per m². Source: Buildocrat Land Value Book, updated weekly.

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

About ₦2.2m a year for a 3-bedroom flat, ₦1.6m for a 2-bedroom flat and ₦986,000 for a 1-bedroom or mini flat (October 2026).

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

Asking prices for a 4-bedroom house in Ojo LGA, Lagos are around ₦92.6m; a 3-bedroom flat around ₦82.7m (October 2026).

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

Farmland in Ojo LGA, Lagos is about ₦85.6m per hectare (October 2026).

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