Buildocrat Land Value Book

Land prices in Akure North LGA, Ondo

Akure North is a rural local government area of Ondo (643 km², 194 mapped places). Residential land has a median of ₦3,090 per m² (a 600 m² plot about ₦1.9m), from about ₦2,310 per m² in its villages to ₦5,830 in its most valuable neighbourhoods. Backed by 10 listings in or near the LGA.

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Land, building and rental values

Typical 600 m² plot₦1.9mresidential
Land: residential₦3,090per m²
Land: commercial₦9,580per m²
Land: industrial₦6,180per m²
Land: farmland₦12.5mper hectare
Building: 2-bed flat₦21.3masking price
Building: 3-bed flat₦24.5masking price
Building: 4-bed house₦31.5masking price
Building: 5-bed house₦36.2masking price
Rent: 1-bed / mini flat₦312,000per year
Rent: 2-bed flat₦501,000per year
Rent: 3-bed flat₦824,000per year
Rent: 4-bed house₦2.1mper year
Rent: shop or office₦3,020per m² per year

Economic zones

ZonePlacesResidential ₦/m²Commercial ₦/m²Farmland ₦/haRent 3-bed
Lower-income27₦5,490₦16,600–₦1m
Village76₦3,290₦10,000₦13m₦846,000
Remote / farmland90₦2,740₦8,730₦11.8m₦786,000

Urban parts of the LGA average ₦4,380 per m²; villages and rural land ₦3,070 per m².

Towns, districts and estates in Akure North

Questions people ask

How much is a plot of land in Akure North LGA, Ondo?

A typical 600 m² residential plot in Akure North LGA, Ondo is about ₦1.9m (around ₦3,090 per m²) in asking prices as of October 2026. Commercial land is about ₦9,580 per m². Source: Buildocrat Land Value Book, updated weekly.

How much is rent for a 3-bedroom flat in Akure North LGA, Ondo?

About ₦824,000 a year for a 3-bedroom flat, ₦501,000 for a 2-bedroom flat and ₦312,000 for a 1-bedroom or mini flat (October 2026).

How much does a 4-bedroom house cost in Akure North LGA, Ondo?

Asking prices for a 4-bedroom house in Akure North LGA, Ondo are around ₦31.5m; a 3-bedroom flat around ₦24.5m (October 2026).

What is the price of farmland in Akure North LGA, Ondo?

Farmland in Akure North LGA, Ondo is about ₦12.5m per hectare (October 2026).

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