Land prices in Akure, Ondo
Akure is a city in Akure South LGA, Ondo, in the middle-income zone. Residential land is about ₦24,000 per m², so a typical 600 m² plot is about ₦14.4m.
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| Typical 600 m² plot | ₦14.4m | residential |
| Land: residential | ₦24,000 | per m² |
| Land: commercial | ₦80,243 | per m² |
| Land: industrial | ₦26,445 | per m² |
| Building: 2-bed flat | ₦41.1m | asking price |
| Building: 3-bed flat | ₦49.3m | asking price |
| Building: 4-bed house | ₦63.2m | asking price |
| Building: 5-bed house | ₦97.3m | asking price |
| Rent: 1-bed / mini flat | ₦597,693 | per year |
| Rent: 2-bed flat | ₦974,567 | per year |
| Rent: 3-bed flat | ₦1.9m | per year |
| Rent: 4-bed house | ₦4.4m | per year |
| Rent: shop or office | ₦21,155 | per m² per year |
Akure South LGA as a whole: ₦3,290 per m² median. Coordinates 7.25520, 5.18880.
Questions people ask
How much is a plot of land in Akure, Ondo?
A typical 600 m² residential plot in Akure, Ondo is about ₦14.4m (around ₦24,000 per m²) in asking prices as of October 2026. Commercial land is about ₦80,243 per m². Source: Buildocrat Land Value Book, updated weekly.
How much is rent for a 3-bedroom flat in Akure, Ondo?
About ₦1.9m a year for a 3-bedroom flat, ₦974,567 for a 2-bedroom flat and ₦597,693 for a 1-bedroom or mini flat (October 2026).
How much does a 4-bedroom house cost in Akure, Ondo?
Asking prices for a 4-bedroom house in Akure, Ondo are around ₦63.2m; a 3-bedroom flat around ₦49.3m (October 2026).