Buildocrat Land Value Book

Land prices in Ikenne LGA, Ogun

Ikenne is a rural local government area of Ogun (180 km², 41 mapped places). Residential land has a median of ₦2,660 per m² (a 600 m² plot about ₦1.6m), from about ₦2,590 per m² in its villages to ₦11,200 in its most valuable neighbourhoods. Backed by 24 listings in or near the LGA.

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Land, building and rental values

Typical 600 m² plot₦1.6mresidential
Land: residential₦2,660per m²
Land: commercial₦4,260per m²
Land: industrial₦5,330per m²
Land: farmland₦11.8mper hectare
Building: 2-bed flat₦20masking price
Building: 3-bed flat₦23masking price
Building: 4-bed house₦32.5masking price
Building: 5-bed house₦37.4masking price
Rent: 1-bed / mini flat₦252,000per year
Rent: 2-bed flat₦509,000per year
Rent: 3-bed flat₦693,000per year
Rent: 4-bed house₦1.6mper year
Rent: shop or office₦3,790per m² per year

Economic zones

ZonePlacesResidential ₦/m²Commercial ₦/m²Farmland ₦/haRent 3-bed
Lower-income3₦13,400₦18,000–₦1.2m
Village36₦2,600₦3,660₦8.1m₦722,000

Urban parts of the LGA average ₦4,560 per m²; villages and rural land ₦2,610 per m².

Towns, districts and estates in Ikenne

Questions people ask

How much is a plot of land in Ikenne LGA, Ogun?

A typical 600 m² residential plot in Ikenne LGA, Ogun is about ₦1.6m (around ₦2,660 per m²) in asking prices as of October 2026. Commercial land is about ₦4,260 per m². Source: Buildocrat Land Value Book, updated weekly.

How much is rent for a 3-bedroom flat in Ikenne LGA, Ogun?

About ₦693,000 a year for a 3-bedroom flat, ₦509,000 for a 2-bedroom flat and ₦252,000 for a 1-bedroom or mini flat (October 2026).

How much does a 4-bedroom house cost in Ikenne LGA, Ogun?

Asking prices for a 4-bedroom house in Ikenne LGA, Ogun are around ₦32.5m; a 3-bedroom flat around ₦23m (October 2026).

What is the price of farmland in Ikenne LGA, Ogun?

Farmland in Ikenne LGA, Ogun is about ₦11.8m per hectare (October 2026).

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