Land prices in Surulere LGA, Lagos

Surulere is a metro core local government area of Lagos (20 km², 34 mapped places). Residential land has a median of ₦404,000 per m² (a 600 m² plot about ₦242.4m), from about ₦218,000 per m² in its villages to ₦621,000 in its most valuable neighbourhoods. Backed by 119 listings in or near the LGA.

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Land, building and rental values

Typical 600 m² plot	₦242.4m	residential
Land: residential	₦404,000	per m²
Land: commercial	₦483,000	per m²
Land: industrial	₦467,000	per m²
Building: 2-bed flat	₦147m	asking price
Building: 3-bed flat	₦176m	asking price
Building: 4-bed house	₦301m	asking price
Building: 5-bed house	₦654m	asking price
Rent: 1-bed / mini flat	₦1.9m	per year
Rent: 2-bed flat	₦4m	per year
Rent: 3-bed flat	₦5.5m	per year
Rent: 4-bed house	₦14.2m	per year
Rent: shop or office	₦42,300	per m² per year

Economic zones

Zone	Places	Residential ₦/m²	Commercial ₦/m²	Farmland ₦/ha	Rent 3-bed
High-income	24	₦489,000	₦572,000	–	₦6.2m
Middle-income	8	₦309,000	₦389,000	–	₦4.8m
Lower-income	3	₦98,500	₦142,000	–	₦2.7m

Urban parts of the LGA average ₦405,000 per m²; villages and rural land ₦400,000 per m².

Towns, districts and estates in Surulere

Surulere town, ₦550,000/m² Alaka Estate gated estate, ₦560,000/m² Coker district, ₦440,000/m² Ijesha Tedo district, ₦410,000/m² Orile Iganmu district, ₦400,000/m² Ojuelegba district, ₦390,000/m² Iganmu district, ₦320,000/m² Ijesha district, ₦290,000/m² Alaba district, ₦88,000/m²

Questions people ask

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

A typical 600 m² residential plot in Surulere LGA, Lagos is about ₦242.4m (around ₦404,000 per m²) in asking prices as of October 2026. Commercial land is about ₦483,000 per m². Source: Buildocrat Land Value Book, updated weekly.

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

About ₦5.5m a year for a 3-bedroom flat, ₦4m 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 Surulere LGA, Lagos?

Asking prices for a 4-bedroom house in Surulere LGA, Lagos are around ₦301m; a 3-bedroom flat around ₦176m (October 2026).