Land prices in Ikogbo, Lagos
Ikogbo is a district in Ojo, Ojo LGA, Lagos, in the lower-income zone. Residential land is about ₦66,000 per m², so a typical 600 m² plot is about ₦39.6m.
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| Typical 600 m² plot | ₦39.6m | residential |
| Land: residential | ₦66,000 | per m² |
| Land: commercial | ₦101,921 | per m² |
| Land: industrial | ₦103,169 | per m² |
| Building: 2-bed flat | ₦77.9m | asking price |
| Building: 3-bed flat | ₦90m | asking price |
| Building: 4-bed house | ₦112.5m | asking price |
| Building: 5-bed house | ₦213.6m | asking price |
| Rent: 1-bed / mini flat | ₦1.1m | per year |
| Rent: 2-bed flat | ₦1.7m | per year |
| Rent: 3-bed flat | ₦2.4m | per year |
| Rent: 4-bed house | ₦7.1m | per year |
| Rent: shop or office | ₦14,169 | per m² per year |
Ojo LGA as a whole: ₦53,100 per m² median. Coordinates 6.50590, 3.19190.
Questions people ask
How much is a plot of land in Ikogbo, Lagos?
A typical 600 m² residential plot in Ikogbo, Lagos is about ₦39.6m (around ₦66,000 per m²) in asking prices as of October 2026. Commercial land is about ₦101,921 per m². Source: Buildocrat Land Value Book, updated weekly.
How much is rent for a 3-bedroom flat in Ikogbo, Lagos?
About ₦2.4m a year for a 3-bedroom flat, ₦1.7m for a 2-bedroom flat and ₦1.1m for a 1-bedroom or mini flat (October 2026).
How much does a 4-bedroom house cost in Ikogbo, Lagos?
Asking prices for a 4-bedroom house in Ikogbo, Lagos are around ₦112.5m; a 3-bedroom flat around ₦90m (October 2026).