How Much Is House Rent in Ghana (Updated Guide)
When looking for a house to rent in Ghana, many factors come into play, such as location, amenities, and rental terms. The Ghanaian rental market is diverse, offering something for everyone, from luxurious villas to modest apartments.
Whether you are a professional moving to Accra or a local looking for affordable housing, understanding the rental landscape is essential. This guide provides a breakdown of current rental prices across Ghana’s most popular areas, allowing you to make informed decisions on where to live based on your budget.
The cost of renting a house in Ghana has seen a steady rise over the years, driven by urbanization and an increasing demand for residential properties.
Accra, the capital city, stands out as the most expensive location, while other regions like Kumasi and Takoradi offer more budget-friendly options. In this blog, we’ll delve into how much it costs to rent houses in various parts of Ghana, from high-end homes to affordable rentals.
How Much Is House Rent in Ghana?
House rent in Ghana varies significantly depending on the region and type of property. For example, a one-bedroom apartment in Accra can range from GHS 1,200 to GHS 6,500 per month, while luxury houses in upscale neighborhoods can cost as much as GHS 15,000 to GHS 45,000 per month.
Renters also have the option to pay monthly or annually, with many landlords in Ghana preferring yearly payments upfront.
The average monthly rent for a house in Ghana varies by location. In Accra, the monthly rent for a one-bedroom apartment typically ranges from GHS 1,200 to GHS 6,500, while in less urbanized areas, rent can start as low as GHS 700.
Cheap Houses for Rent in Accra, Ghana
Accra, being the capital, offers a wide variety of rental options, but finding a cheap house in the city can be challenging due to its rising demand. However, neighborhoods such as Madina, Adenta, and Dansoman are known for offering relatively lower rents compared to central Accra areas like Cantonments and Labone.
- Stats Table: Average Monthly Rent for Affordable Areas in Accra
| Area | Average Monthly Rent (GHS) |
| Madina | 1,200 – 2,500 |
| Adenta | 1,500 – 3,000 |
| Dansoman | 1,800 – 3,500 |
These neighborhoods are popular with students and young professionals seeking budget-friendly housing. These locations offer easy access to public transportation and essential services, making them ideal for anyone looking to save on rent while living close to Accra’s center.
1-Bedroom House for Rent in Accra
One-bedroom apartments or standalone houses are popular among individuals and small families. In Accra, these homes can vary from basic setups in suburban neighborhoods to luxurious, fully furnished apartments in central areas. Prices can range from GHS 1,200 per month in places like Spintex and Oyarifa to GHS 6,500 in high-end areas like Airport Residential and East Legon.
One-bedroom homes are ideal for expatriates, young professionals, or singles who require a simple, manageable living space. Many of these homes offer essential amenities such as 24-hour security, backup water, and sometimes even Wi-Fi connectivity.
Affordable Houses for Rent in Ghana
For those seeking affordable rentals outside Accra, Kumasi and Takoradi are great alternatives. While Accra remains the most expensive city to live in, Kumasi offers more affordable housing, with rents starting at GHS 700 for basic two-bedroom houses.
- Stats Table: Affordable Houses Across Different Cities
| City | Rent for 2-Bedroom House (GHS) |
| Accra | 2,500 – 8,000 |
| Kumasi | 700 – 3,500 |
| Takoradi | 1,000 – 4,500 |
These regions provide both convenience and a lower cost of living, making them attractive for families and individuals looking to settle outside the bustling capital.
2-Bedroom House for Rent in Accra
A two-bedroom house is a popular choice for small families or professionals who require extra space. In Accra, the rent for a two-bedroom apartment or house ranges from GHS 2,500 to GHS 12,000 per month, depending on the location and amenities.
Areas like Spintex and Achimota offer mid-range rentals, while prime locations such as Cantonments, Labone, and Airport Residential cater to higher-end options.
These properties often include features like en-suite bathrooms, spacious living rooms, and in some cases, modern kitchens and air conditioning. Many expats and families moving to Accra opt for these homes because they strike a balance between size and affordability.
House for Rent in Accra Monthly
Monthly rental payments are common in Ghana, especially for expatriates or short-term renters who might not want to commit to a full year. However, it is important to note that many landlords still prefer yearly payments upfront. Renting a house on a monthly basis offers flexibility, but you may pay a slightly higher premium compared to annual payments.
Monthly Payment Apartments in Accra
Apartments in Accra that accept monthly payments are available, although tenants may need to negotiate with landlords as annual payments are often the default. Typically, the monthly cost for a one-bedroom apartment ranges between GHS 1,200 and GHS 6,500, while two-bedroom apartments may cost between GHS 2,500 and GHS 12,000.
For expats and business professionals, monthly rental agreements are more convenient, as they offer the flexibility to move if needed. Areas like East Legon, Osu, and Airport Residential are popular with monthly rental offerings.
Monthly Rent in Ghana
Outside of Accra, monthly rents are much more affordable. In Kumasi, for instance, monthly rents for a one-bedroom apartment can start as low as GHS 600, while a two-bedroom house can go for GHS 1,200 to GHS 2,000. Smaller towns like Tamale and Ho offer even lower rates, making them appealing for those looking to minimize living costs.
House Rent in Ghana per Year
Yearly rental payments are common in Ghana, particularly in high-demand areas like Accra. In fact, most landlords prefer upfront payments for one or two years due to the country’s economic factors. A yearly rental payment can range from GHS 12,000 to GHS 60,000 or more, depending on the location and type of property.
Many expatriates and long-term renters opt for annual payments as they can often negotiate lower overall costs when paying for a year upfront. This payment method is particularly popular in upscale neighborhoods such as Airport Hills, Cantonments, and Labone.
Furnished vs. Unfurnished Rentals in Ghana
Another important consideration when renting a house in Ghana is whether to go for a furnished or unfurnished property. Furnished homes often come with a premium, as they provide amenities such as furniture, appliances, and sometimes even utilities. For those who plan on staying in Ghana short-term, furnished rentals offer convenience, but they come at a higher price.
Unfurnished rentals, on the other hand, are more affordable and ideal for long-term tenants who want to personalize their living spaces.
Wrapping Up: Finding the Right Rental in Ghana
The Ghanaian rental market caters to a wide range of budgets and preferences. Whether you’re looking for an affordable house in Madina or a luxury apartment in Airport Residential, understanding the rental landscape is key to making the right decision.
The cost of rent in Ghana varies significantly based on location, size, and amenities, so it’s important to carefully evaluate your needs before signing a lease.
Ultimately, whether you choose to pay monthly or annually, finding a home that fits your budget and lifestyle is possible in Ghana’s diverse real estate market.
