Land prices in Mafoluku, Lagos
Mafoluku is a district in Oshodi, Oshodi/Isolo LGA, Lagos, in the high-income zone. Residential land is about ₦500,000 per m², so a typical 600 m² plot is about ₦300m.
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| Typical 600 m² plot | ₦300m | residential |
| Land: residential | ₦500,000 | per m² |
| Land: commercial | ₦687,500 | per m² |
| Land: industrial | ₦535,063 | per m² |
| Building: 2-bed flat | ₦165.3m | asking price |
| Building: 3-bed flat | ₦199.4m | asking price |
| Building: 4-bed house | ₦327.4m | asking price |
| Building: 5-bed house | ₦533.1m | asking price |
| Rent: 1-bed / mini flat | ₦1.9m | per year |
| Rent: 2-bed flat | ₦4.2m | per year |
| Rent: 3-bed flat | ₦6.2m | per year |
| Rent: 4-bed house | ₦16.2m | per year |
| Rent: shop or office | ₦60,714 | per m² per year |
Oshodi/Isolo LGA as a whole: ₦224,000 per m² median. Coordinates 6.55510, 3.33110.
Questions people ask
How much is a plot of land in Mafoluku, Lagos?
A typical 600 m² residential plot in Mafoluku, Lagos is about ₦300m (around ₦500,000 per m²) in asking prices as of October 2026. Commercial land is about ₦687,500 per m². Source: Buildocrat Land Value Book, updated weekly.
How much is rent for a 3-bedroom flat in Mafoluku, Lagos?
About ₦6.2m a year for a 3-bedroom flat, ₦4.2m for a 2-bedroom flat and ₦1.9m for a 1-bedroom or mini flat (October 2026).
How much does a 4-bedroom house cost in Mafoluku, Lagos?
Asking prices for a 4-bedroom house in Mafoluku, Lagos are around ₦327.4m; a 3-bedroom flat around ₦199.4m (October 2026).