Land prices in Akoko South East LGA, Ondo
Akoko South East is a rural local government area of Ondo (226 km², 65 mapped places). Residential land has a median of ₦1,690 per m² (a 600 m² plot about ₦1m), from about ₦1,290 per m² in its villages to ₦2,870 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 | ₦1m | residential |
| Land: residential | ₦1,690 | per m² |
| Land: commercial | ₦5,950 | per m² |
| Land: industrial | ₦3,390 | per m² |
| Land: farmland | ₦8.5m | per hectare |
| Building: 2-bed flat | ₦17.1m | asking price |
| Building: 3-bed flat | ₦19.7m | asking price |
| Building: 4-bed house | ₦24.8m | asking price |
| Building: 5-bed house | ₦28.5m | asking price |
| Rent: 1-bed / mini flat | ₦247,000 | per year |
| Rent: 2-bed flat | ₦394,000 | per year |
| Rent: 3-bed flat | ₦645,000 | per year |
| Rent: 4-bed house | ₦1.7m | per year |
| Rent: shop or office | ₦2,350 | per m² per year |
Economic zones
| Zone | Places | Residential ₦/m² | Commercial ₦/m² | Farmland ₦/ha | Rent 3-bed |
|---|---|---|---|---|---|
| Middle-income | 8 | ₦2,870 | ₦9,050 | – | ₦800,000 |
| Village | 29 | ₦1,840 | ₦6,350 | ₦9.2m | ₦667,000 |
| Remote / farmland | 28 | ₦1,360 | ₦5,010 | ₦6.8m | ₦590,000 |
Urban parts of the LGA average ₦1,690 per m²; villages and rural land ₦1,690 per m².
Questions people ask
How much is a plot of land in Akoko South East LGA, Ondo?
A typical 600 m² residential plot in Akoko South East LGA, Ondo is about ₦1m (around ₦1,690 per m²) in asking prices as of October 2026. Commercial land is about ₦5,950 per m². Source: Buildocrat Land Value Book, updated weekly.
How much is rent for a 3-bedroom flat in Akoko South East LGA, Ondo?
About ₦645,000 a year for a 3-bedroom flat, ₦394,000 for a 2-bedroom flat and ₦247,000 for a 1-bedroom or mini flat (October 2026).
How much does a 4-bedroom house cost in Akoko South East LGA, Ondo?
Asking prices for a 4-bedroom house in Akoko South East LGA, Ondo are around ₦24.8m; a 3-bedroom flat around ₦19.7m (October 2026).
What is the price of farmland in Akoko South East LGA, Ondo?
Farmland in Akoko South East LGA, Ondo is about ₦8.5m per hectare (October 2026).