Land prices in Ilaje LGA, Ondo
Ilaje is a peri-urban local government area of Ondo (1,363 km², 50 mapped places). Residential land has a median of ₦3,290 per m² (a 600 m² plot about ₦2m), from about ₦1,750 per m² in its villages to ₦5,480 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 | ₦2m | residential |
| Land: residential | ₦3,290 | per m² |
| Land: commercial | ₦10,100 | per m² |
| Land: industrial | ₦6,570 | per m² |
| Land: farmland | ₦12.2m | per hectare |
| Building: 2-bed flat | ₦27.5m | asking price |
| Building: 3-bed flat | ₦38.9m | asking price |
| Building: 4-bed house | ₦48.6m | asking price |
| Building: 5-bed house | ₦55.9m | asking price |
| Rent: 1-bed / mini flat | ₦554,000 | per year |
| Rent: 2-bed flat | ₦695,000 | per year |
| Rent: 3-bed flat | ₦846,000 | per year |
| Rent: 4-bed house | ₦2.1m | per year |
| Rent: shop or office | ₦3,100 | per m² per year |
Economic zones
| Zone | Places | Residential ₦/m² | Commercial ₦/m² | Farmland ₦/ha | Rent 3-bed |
|---|---|---|---|---|---|
| Small town | 5 | ₦5,480 | ₦15,100 | ₦17.1m | ₦1m |
| Village | 24 | ₦3,290 | ₦10,100 | ₦13m | ₦846,000 |
| Remote / farmland | 21 | ₦2,250 | ₦7,460 | ₦10.6m | ₦725,000 |
Urban parts of the LGA average ₦5,480 per m²; villages and rural land ₦2,940 per m².
Towns, districts and estates in Ilaje
Questions people ask
How much is a plot of land in Ilaje LGA, Ondo?
A typical 600 m² residential plot in Ilaje LGA, Ondo is about ₦2m (around ₦3,290 per m²) in asking prices as of October 2026. Commercial land is about ₦10,100 per m². Source: Buildocrat Land Value Book, updated weekly.
How much is rent for a 3-bedroom flat in Ilaje LGA, Ondo?
About ₦846,000 a year for a 3-bedroom flat, ₦695,000 for a 2-bedroom flat and ₦554,000 for a 1-bedroom or mini flat (October 2026).
How much does a 4-bedroom house cost in Ilaje LGA, Ondo?
Asking prices for a 4-bedroom house in Ilaje LGA, Ondo are around ₦48.6m; a 3-bedroom flat around ₦38.9m (October 2026).
What is the price of farmland in Ilaje LGA, Ondo?
Farmland in Ilaje LGA, Ondo is about ₦12.2m per hectare (October 2026).