Land prices in Akure South LGA, Ondo
Akure South is a rural local government area of Ondo (262 km², 94 mapped places). Residential land has a median of ₦3,290 per m² (a 600 m² plot about ₦2m), from about ₦2,700 per m² in its villages to ₦18,900 in its most valuable neighbourhoods. Backed by 135 listings in or near the LGA.
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| Typical 600 m² plot | ₦2m | residential |
| Land: residential | ₦3,290 | per m² |
| Land: commercial | ₦11,000 | per m² |
| Land: industrial | ₦6,580 | per m² |
| Land: farmland | ₦13m | per hectare |
| Building: 2-bed flat | ₦19.8m | asking price |
| Building: 3-bed flat | ₦22.8m | asking price |
| Building: 4-bed house | ₦28.1m | asking price |
| Building: 5-bed house | ₦35.1m | asking price |
| Rent: 1-bed / mini flat | ₦273,000 | per year |
| Rent: 2-bed flat | ₦433,000 | per year |
| Rent: 3-bed flat | ₦844,000 | per year |
| Rent: 4-bed house | ₦2.1m | per year |
| Rent: shop or office | ₦2,900 | per m² per year |
Economic zones
| Zone | Places | Residential ₦/m² | Commercial ₦/m² | Farmland ₦/ha | Rent 3-bed |
|---|---|---|---|---|---|
| Lower-income | 37 | ₦4,970 | ₦15,300 | – | ₦999,000 |
| Village | 30 | ₦3,290 | ₦10,100 | ₦13m | ₦846,000 |
| Remote / farmland | 26 | ₦2,860 | ₦9,030 | ₦12m | ₦799,000 |
Urban parts of the LGA average ₦24,000 per m²; villages and rural land ₦3,290 per m².
Towns, districts and estates in Akure South
Questions people ask
How much is a plot of land in Akure South LGA, Ondo?
A typical 600 m² residential plot in Akure South LGA, Ondo is about ₦2m (around ₦3,290 per m²) in asking prices as of October 2026. Commercial land is about ₦11,000 per m². Source: Buildocrat Land Value Book, updated weekly.
How much is rent for a 3-bedroom flat in Akure South LGA, Ondo?
About ₦844,000 a year for a 3-bedroom flat, ₦433,000 for a 2-bedroom flat and ₦273,000 for a 1-bedroom or mini flat (October 2026).
How much does a 4-bedroom house cost in Akure South LGA, Ondo?
Asking prices for a 4-bedroom house in Akure South LGA, Ondo are around ₦28.1m; a 3-bedroom flat around ₦22.8m (October 2026).
What is the price of farmland in Akure South LGA, Ondo?
Farmland in Akure South LGA, Ondo is about ₦13m per hectare (October 2026).