Land prices in Akoko South West LGA, Ondo
Akoko South West is a rural local government area of Ondo (533 km², 115 mapped places). Residential land has a median of ₦2,230 per m² (a 600 m² plot about ₦1.3m), from about ₦1,590 per m² in its villages to ₦3,670 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 | ₦1.3m | residential |
| Land: residential | ₦2,230 | per m² |
| Land: commercial | ₦7,390 | per m² |
| Land: industrial | ₦4,450 | per m² |
| Land: farmland | ₦10.3m | per hectare |
| Building: 2-bed flat | ₦18.9m | asking price |
| Building: 3-bed flat | ₦21.8m | asking price |
| Building: 4-bed house | ₦27.7m | asking price |
| Building: 5-bed house | ₦31.9m | asking price |
| Rent: 1-bed / mini flat | ₦275,000 | per year |
| Rent: 2-bed flat | ₦441,000 | per year |
| Rent: 3-bed flat | ₦721,000 | per year |
| Rent: 4-bed house | ₦1.8m | per year |
| Rent: shop or office | ₦2,640 | per m² per year |
Economic zones
| Zone | Places | Residential ₦/m² | Commercial ₦/m² | Farmland ₦/ha | Rent 3-bed |
|---|---|---|---|---|---|
| Middle-income | 11 | ₦3,550 | ₦10,700 | – | ₦872,000 |
| Village | 67 | ₦2,290 | ₦7,570 | ₦10.7m | ₦730,000 |
| Remote / farmland | 35 | ₦1,670 | ₦5,870 | ₦8.3m | ₦640,000 |
Urban parts of the LGA average ₦5,020 per m²; villages and rural land ₦2,150 per m².
Towns, districts and estates in Akoko South West
Questions people ask
How much is a plot of land in Akoko South West LGA, Ondo?
A typical 600 m² residential plot in Akoko South West LGA, Ondo is about ₦1.3m (around ₦2,230 per m²) in asking prices as of October 2026. Commercial land is about ₦7,390 per m². Source: Buildocrat Land Value Book, updated weekly.
How much is rent for a 3-bedroom flat in Akoko South West LGA, Ondo?
About ₦721,000 a year for a 3-bedroom flat, ₦441,000 for a 2-bedroom flat and ₦275,000 for a 1-bedroom or mini flat (October 2026).
How much does a 4-bedroom house cost in Akoko South West LGA, Ondo?
Asking prices for a 4-bedroom house in Akoko South West LGA, Ondo are around ₦27.7m; a 3-bedroom flat around ₦21.8m (October 2026).
What is the price of farmland in Akoko South West LGA, Ondo?
Farmland in Akoko South West LGA, Ondo is about ₦10.3m per hectare (October 2026).