Land prices in Surulere LGA, Oyo
Surulere is a rural local government area of Oyo (856 km², 339 mapped places). Residential land has a median of ₦1,320 per m² (a 600 m² plot about ₦792,000), from about ₦850 per m² in its villages to ₦1,850 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 | ₦792,000 | residential |
| Land: residential | ₦1,320 | per m² |
| Land: commercial | ₦2,880 | per m² |
| Land: industrial | ₦2,630 | per m² |
| Land: farmland | ₦6.5m | per hectare |
| Building: 2-bed flat | ₦14m | asking price |
| Building: 3-bed flat | ₦16.1m | asking price |
| Building: 4-bed house | ₦23m | asking price |
| Building: 5-bed house | ₦26.4m | asking price |
| Rent: 1-bed / mini flat | ₦199,000 | per year |
| Rent: 2-bed flat | ₦374,000 | per year |
| Rent: 3-bed flat | ₦551,000 | per year |
| Rent: 4-bed house | ₦1.4m | per year |
| Rent: shop or office | ₦2,030 | per m² per year |
Economic zones
| Zone | Places | Residential ₦/m² | Commercial ₦/m² | Farmland ₦/ha | Rent 3-bed |
|---|---|---|---|---|---|
| Village | 185 | ₦1,430 | ₦3,080 | ₦7.2m | ₦570,000 |
| Remote / farmland | 151 | ₦1,000 | ₦2,320 | ₦5m | ₦493,000 |
Urban parts of the LGA average ₦3,120 per m²; villages and rural land ₦1,310 per m².
Towns, districts and estates in Surulere
Questions people ask
How much is a plot of land in Surulere LGA, Oyo?
A typical 600 m² residential plot in Surulere LGA, Oyo is about ₦792,000 (around ₦1,320 per m²) in asking prices as of October 2026. Commercial land is about ₦2,880 per m². Source: Buildocrat Land Value Book, updated weekly.
How much is rent for a 3-bedroom flat in Surulere LGA, Oyo?
About ₦551,000 a year for a 3-bedroom flat, ₦374,000 for a 2-bedroom flat and ₦199,000 for a 1-bedroom or mini flat (October 2026).
How much does a 4-bedroom house cost in Surulere LGA, Oyo?
Asking prices for a 4-bedroom house in Surulere LGA, Oyo are around ₦23m; a 3-bedroom flat around ₦16.1m (October 2026).
What is the price of farmland in Surulere LGA, Oyo?
Farmland in Surulere LGA, Oyo is about ₦6.5m per hectare (October 2026).