Land prices in Bonny LGA, Rivers
Bonny is a urban local government area of Rivers (243 km², 55 mapped places). Residential land has a median of ₦5,680 per m² (a 465 m² plot about ₦2.6m), from about ₦3,370 per m² in its villages to ₦5,680 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 465 m² plot | ₦2.6m | residential |
| Land: residential | ₦5,680 | per m² |
| Land: commercial | ₦13,800 | per m² |
| Land: industrial | ₦10,900 | per m² |
| Land: farmland | ₦18.9m | per hectare |
| Building: 2-bed flat | ₦36m | asking price |
| Building: 3-bed flat | ₦41.4m | asking price |
| Building: 4-bed house | ₦65m | asking price |
| Building: 5-bed house | ₦74.7m | asking price |
| Rent: 1-bed / mini flat | ₦433,000 | per year |
| Rent: 2-bed flat | ₦942,000 | per year |
| Rent: 3-bed flat | ₦1.3m | per year |
| Rent: 4-bed house | ₦3.8m | per year |
| Rent: shop or office | ₦4,700 | per m² per year |
Economic zones
| Zone | Places | Residential ₦/m² | Commercial ₦/m² | Farmland ₦/ha | Rent 3-bed |
|---|---|---|---|---|---|
| Village | 52 | ₦4,230 | ₦10,900 | ₦19.9m | ₦1.2m |
| Remote / farmland | 3 | ₦3,400 | ₦9,150 | ₦17m | ₦1.1m |
Urban parts of the LGA average ₦5,680 per m²; villages and rural land ₦3,840 per m².
Towns, districts and estates in Bonny
Questions people ask
How much is a plot of land in Bonny LGA, Rivers?
A typical 465 m² residential plot in Bonny LGA, Rivers is about ₦2.6m (around ₦5,680 per m²) in asking prices as of October 2026. Commercial land is about ₦13,800 per m². Source: Buildocrat Land Value Book, updated weekly.
How much is rent for a 3-bedroom flat in Bonny LGA, Rivers?
About ₦1.3m a year for a 3-bedroom flat, ₦942,000 for a 2-bedroom flat and ₦433,000 for a 1-bedroom or mini flat (October 2026).
How much does a 4-bedroom house cost in Bonny LGA, Rivers?
Asking prices for a 4-bedroom house in Bonny LGA, Rivers are around ₦65m; a 3-bedroom flat around ₦41.4m (October 2026).
What is the price of farmland in Bonny LGA, Rivers?
Farmland in Bonny LGA, Rivers is about ₦18.9m per hectare (October 2026).