Looking for affordable land in Lagos?
You don’t need ₦5 million or a connection in government to become a landlord. With the right information, you can still buy verified land in Lagos for as low as ₦700,000.
In this guide, we’ve uncovered real, fast-developing areas where smart buyers are securing land before prices explode. These are places many overlook — but that’s exactly why they’re still affordable.
NOTE: Land prices are just one part of the cost. You’ll still need to pay for things like survey, deed of assignment, development fees — and sometimes omo-onile fees. Some estates add this to the price already. Ask questions before paying.
Let’s break down the updated list 👇
1. Adamo, Ikorodu
This is one of the real underdog areas. Plots here start from ₦700,000, and it’s still relatively quiet with lots of farmland — but development is creeping in.
2. Ode Omi, Ibeju Lekki
Not too many people talk about this place, but it’s one of the most affordable spots in Ibeju. You can get land here for as low as ₦960,000.
3. Okun-Ise, Ibeju Lekki
Another quiet, developing area. Plots start around ₦1.5 million, and with the rate of estate developments in the Ibeju axis, this area has strong future potential.
💥 Do you know we have Harmon Dew Estate in Owode for just ₦700,000?It’s dry, fenced land in a developing area — perfect for first-time buyers and diaspora investors.
4. Agbowa, Ikorodu
This place has grown since the last time we featured it. Plots now go for ₦4 million on average, but you can still find a few between ₦1.2M – ₦2M with proper search.
5. Imota, Ikorodu
Home to Lagos’ Rice Mill, this area is gaining attention. Some estate plots still go for around ₦3.5 million, with the lowest prices at ₦450k if you dig well.
6. Ibeju (General)
Let’s not forget the larger Ibeju-Lekki axis. While many parts are now expensive, places like Orimedu, Osoroko, and Akodo Ise still have some deals between ₦3.5M – ₦8M.
🏡 We also have land for sale in Patmos Estate, Lapoti — just 10 mins from Agbara — going for only ₦1.5 million.If you want a fast-developing location with strong ROI potential, this is it.
7. Epe
One of the hottest areas right now. While many parts are crossing ₦5M+, some locations like Ketu Epe still have land from ₦600,000.
8. Agbara-Igbesa Axis
Land here used to be very cheap — now it averages ₦10.5 million, but small estate pockets still offer ₦3M – ₦5M plots near Lusada road.
9. Badagry Axis (Oko Afo, Mowo)
The further out you go, the cheaper. In Oko Afo and Age Mowo, you can still find land for ₦700k – ₦900k with some work. Badagry’s coastal development is attracting more estate companies, so don’t sleep on this.
📈 Don’t sleep on Diaspora Villa, Owode — plots are selling for ₦2.4 million.Gated, secure, and perfect for Nigerians living abroad who want peace of mind.
10. Gberigbe, Ikorodu
Average price here is about ₦7.5M, but outskirts of Gberigbe still offer ₦4M plots. Electricity is stable in some parts and roads are opening up.
11. Isawo & Ipakodo, Ikorodu
These two are rising fast. Most plots here are now ₦12M and above — but early birds who bought when it was ₦2M are now cashing out.
12. Ijede & Igbogbo
Prices are climbing here too — ₦18M – ₦25M average — but there are still mini plots or community sales around ₦3M if you search.
🔥 Peace Assurance Estate in Owode is still available for just ₦900,000.No agent stress — we’ll take you for inspection directly.
Summary: Where to Start If You’re New or Abroad
Look for areas like Adamo, Ode Omi, Imota, and Epe
Go with a trusted company to avoid scam and omo-onile wahala
Ask about extra charges before paying
Always request layout, C of O, or excision
Fill a form and let experts help you:
Final Thoughts
Real estate in Lagos will never be this cheap again. Every year you wait, prices move up. You don’t need ₦5M+ to start — even ₦700k can open the door to owning land in 2025.
Start small, start smart — and soon, you’ll be a landlord.