Land prices in Akoko North West LGA, Ondo
Akoko North West is a peri-urban local government area of Ondo (515 km², 76 mapped places). Residential land has a median of ₦2,480 per m² (a 600 m² plot about ₦1.5m), from about ₦1,310 per m² in its villages to ₦3,290 in its most valuable neighbourhoods. There are no listings in the LGA, so these values are modelled from its surroundings.
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| Typical 600 m² plot | ₦1.5m | residential |
| Land: residential | ₦2,480 | per m² |
| Land: commercial | ₦8,050 | per m² |
| Land: industrial | ₦4,960 | per m² |
| Land: farmland | ₦10.5m | per hectare |
| Building: 2-bed flat | ₦19.7m | asking price |
| Building: 3-bed flat | ₦22.7m | asking price |
| Building: 4-bed house | ₦29m | asking price |
| Building: 5-bed house | ₦33.3m | asking price |
| Rent: 1-bed / mini flat | ₦287,000 | per year |
| Rent: 2-bed flat | ₦461,000 | per year |
| Rent: 3-bed flat | ₦754,000 | per year |
| Rent: 4-bed house | ₦1.9m | per year |
| Rent: shop or office | ₦2,760 | per m² per year |
Economic zones
| Zone | Places | Residential ₦/m² | Commercial ₦/m² | Farmland ₦/ha | Rent 3-bed |
|---|---|---|---|---|---|
| Village | 64 | ₦2,420 | ₦7,910 | ₦11m | ₦746,000 |
| Remote / farmland | 11 | ₦1,380 | ₦5,040 | ₦6.9m | ₦592,000 |
Urban parts of the LGA average ₦3,290 per m²; villages and rural land ₦2,230 per m².
Towns, districts and estates in Akoko North West
Questions people ask
How much is a plot of land in Akoko North West LGA, Ondo?
A typical 600 m² residential plot in Akoko North West LGA, Ondo is about ₦1.5m (around ₦2,480 per m²) in asking prices as of October 2026. Commercial land is about ₦8,050 per m². Source: Buildocrat Land Value Book, updated weekly.
How much is rent for a 3-bedroom flat in Akoko North West LGA, Ondo?
About ₦754,000 a year for a 3-bedroom flat, ₦461,000 for a 2-bedroom flat and ₦287,000 for a 1-bedroom or mini flat (October 2026).
How much does a 4-bedroom house cost in Akoko North West LGA, Ondo?
Asking prices for a 4-bedroom house in Akoko North West LGA, Ondo are around ₦29m; a 3-bedroom flat around ₦22.7m (October 2026).
What is the price of farmland in Akoko North West LGA, Ondo?
Farmland in Akoko North West LGA, Ondo is about ₦10.5m per hectare (October 2026).