Buildocrat Land Value Book

Land prices in Ona Ara LGA, Oyo

Ona Ara is a urban local government area of Oyo (321 km², 234 mapped places). Residential land has a median of ₦84,800 per m² (a 600 m² plot about ₦50.9m), from about ₦4,850 per m² in its villages to ₦185,000 in its most valuable neighbourhoods. Backed by 38 listings in or near the LGA.

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Land, building and rental values

Typical 600 m² plot₦50.9mresidential
Land: residential₦84,800per m²
Land: commercial₦84,800per m²
Land: industrial₦78,700per m²
Land: farmland₦30mper hectare
Building: 2-bed flat₦64.5masking price
Building: 3-bed flat₦76.3masking price
Building: 4-bed house₦113masking price
Building: 5-bed house₦183masking price
Rent: 1-bed / mini flat₦1mper year
Rent: 2-bed flat₦2.1mper year
Rent: 3-bed flat₦3mper year
Rent: 4-bed house₦6.6mper year
Rent: shop or office₦11,500per m² per year

Economic zones

ZonePlacesResidential ₦/m²Commercial ₦/m²Farmland ₦/haRent 3-bed
Prime5₦204,000₦204,000–₦4.6m
High-income63₦129,000₦131,000–₦4m
Middle-income84₦73,800₦74,100–₦2.8m
Lower-income48₦43,500₦43,500–₦1.9m
Village3₦7,910₦9,970₦29m₦1m
Remote / farmland31₦5,000₦8,180₦22.5m₦951,000

Urban parts of the LGA average ₦87,900 per m²; villages and rural land ₦8,500 per m².

Questions people ask

How much is a plot of land in Ona Ara LGA, Oyo?

A typical 600 m² residential plot in Ona Ara LGA, Oyo is about ₦50.9m (around ₦84,800 per m²) in asking prices as of October 2026. Commercial land is about ₦84,800 per m². Source: Buildocrat Land Value Book, updated weekly.

How much is rent for a 3-bedroom flat in Ona Ara LGA, Oyo?

About ₦3m a year for a 3-bedroom flat, ₦2.1m for a 2-bedroom flat and ₦1m for a 1-bedroom or mini flat (October 2026).

How much does a 4-bedroom house cost in Ona Ara LGA, Oyo?

Asking prices for a 4-bedroom house in Ona Ara LGA, Oyo are around ₦113m; a 3-bedroom flat around ₦76.3m (October 2026).

What is the price of farmland in Ona Ara LGA, Oyo?

Farmland in Ona Ara LGA, Oyo is about ₦30m per hectare (October 2026).

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