Authored by the expert who managed and guided the team behind the Ghana Property Pack
Yes, the analysis of Accra's property market is included in our pack
If you're looking for updated rental prices in Accra, you've come to the right place.
We constantly update this blog post with the latest data on Accra rents, so you always have access to current numbers.
Below, you'll find everything from studio apartments to 2-bedroom flats, plus neighborhood breakdowns and demand trends.
And if you're planning to buy a property in this place, you may want to download our pack covering the real estate market in Accra.
Insights
- Accra's rental market operates on a "two-speed" system where local tenants often pay 1 to 2 years upfront in cedis, while expat-heavy areas like Cantonments quote rents in US dollars.
- The typical 1-bedroom apartment in Accra rents for around GH₵2,200 per month, but the same unit type can range from GH₵450 to over GH₵16,500 depending on location.
- Backup power and reliable water storage are the top rent boosters in Accra because utility outages directly impact what tenants are willing to pay.
- Prime expat neighborhoods like Airport Residential and Cantonments have vacancy rates as low as 3% to 5%, while outer areas can sit at 8% to 12%.
- Accra rents have increased by approximately 7% year-over-year, driven by housing-related inflation tracked by Ghana Statistical Service.
- The Bank of Ghana's rate cuts in late 2025 are expected to stabilize borrowing costs, which should keep 2026 rent growth between 5% and 9%.
- Well-priced rental properties in Accra typically find tenants within 30 to 45 days, but overpriced units can sit for 60 days or more.
- Residential rental income in Accra is taxed at a flat 8% rate, meaning landlords keep roughly 92% of gross rent before other expenses.
What are typical rents in Accra as of 2026?
What's the average monthly rent for a studio in Accra as of 2026?
As of early 2026, the estimated average monthly rent for a studio apartment in Accra is around GH₵1,800 (approximately $115 USD or €110 EUR).
Most studio apartments in Accra fall within a realistic range of GH₵1,200 to GH₵3,500 per month ($75 to $225 USD, or €70 to €215 EUR), though prime areas push well above this.
The main factors causing studio rents to vary in Accra include neighborhood prestige, whether the unit is furnished, the presence of backup power and water storage, and whether the landlord quotes in cedis or US dollars.
What's the average monthly rent for a 1-bedroom in Accra as of 2026?
As of early 2026, the estimated average monthly rent for a 1-bedroom apartment in Accra is around GH₵2,200 (approximately $140 USD or €135 EUR).
The realistic range for most 1-bedroom apartments in Accra spans from GH₵450 in affordable peripheral areas to GH₵16,500 or more in prime central neighborhoods ($30 to $1,050 USD, or €28 to €1,000 EUR).
In Accra, the cheapest 1-bedroom rents are typically found in areas like Adenta, Madina, and parts of Achimota, while the highest rents cluster in Airport Residential, Cantonments, and Labone.
What's the average monthly rent for a 2-bedroom in Accra as of 2026?
As of early 2026, the estimated average monthly rent for a 2-bedroom apartment in Accra is around GH₵4,000 (approximately $255 USD or €245 EUR).
Most 2-bedroom apartments in Accra fall within a range of GH₵1,300 to GH₵12,000 per month ($85 to $770 USD, or €80 to €730 EUR), with high-end outliers going much higher.
The cheapest 2-bedroom rents in Accra are generally found in Adenta, Spintex outer edges, and Tema Community areas, while the most expensive 2-bedroom units are in East Legon, Cantonments, and Airport Residential.
By the way, you will find much more detailed rent ranges in our property pack covering the real estate market in Accra.
What's the average rent per square meter in Accra as of 2026?
As of early 2026, the estimated average rent per square meter in Accra is around GH₵50 per month (approximately $3.20 USD or €3.05 EUR per square meter).
Depending on the neighborhood, rent per square meter in Accra ranges from about GH₵30 in affordable outer areas to GH₵90 or more in prime central locations ($1.90 to $5.80 USD, or €1.80 to €5.50 EUR).
Compared to other major cities in Ghana, Accra commands the highest rent per square meter, with Kumasi and Takoradi typically sitting 30% to 50% lower for similar property types.
In Accra, properties with backup power, air conditioning, good security, and proximity to major business districts typically push rent per square meter well above the city average.
How much have rents changed year-over-year in Accra in 2026?
As of early 2026, rents in Accra have increased by approximately 7% compared to January 2025.
The main factors driving rent changes in Accra this year include general housing cost inflation, continued demand in prime neighborhoods from expats and diaspora returnees, and landlords passing on higher utility and maintenance costs.
This year's rent increase in Accra is actually more moderate than the sharper jumps seen in 2022 and 2023, when inflation was running much higher across Ghana.
What's the outlook for rent growth in Accra in 2026?
As of early 2026, we project rent growth in Accra to fall between 5% and 9% over the course of the year.
The key factors likely to influence Accra rent growth include stabilizing inflation, the Bank of Ghana's easing cycle reducing borrowing costs, and continued household formation among young professionals and returning diaspora members.
In Accra, the neighborhoods expected to see the strongest rent growth are Airport Residential, Cantonments, East Legon, and the Spintex corridor, where demand consistently outpaces new supply.
However, risks that could push Accra rent growth above or below projections include unexpected currency movements, changes in expat demand tied to NGO or diplomatic activity, and any sharp swings in utility costs.
We have made this infographic to give you a quick and clear snapshot of the property market in Ghana. It highlights key facts like rental prices, yields, and property costs both in city centers and outside, so you can easily compare opportunities. We’ve done some research and also included useful insights about the country’s economy, like GDP, population, and interest rates, to help you understand the bigger picture.
Which neighborhoods rent best in Accra as of 2026?
Which neighborhoods have the highest rents in Accra as of 2026?
As of early 2026, the top three neighborhoods with the highest average rents in Accra are Airport Residential Area, Cantonments, and East Legon, where 2-bedroom apartments commonly rent for GH₵8,000 to GH₵20,000 per month ($510 to $1,280 USD, or €490 to €1,220 EUR).
These Accra neighborhoods command premium rents because they concentrate embassies, multinational offices, high-end international schools, and modern apartment buildings with reliable backup power and security.
The tenant profile in these high-rent Accra neighborhoods typically includes expats working for NGOs or corporations, diplomats, and wealthy Ghanaian professionals or business owners who prioritize convenience and security.
By the way, we've written a blog article detailing what are the current best areas to invest in property in Accra.
Where do young professionals prefer to rent in Accra right now?
The top three neighborhoods where young professionals prefer to rent in Accra are Osu, Labone, and the Spintex Road corridor, which offer a mix of nightlife, restaurants, and reasonable commute times to business districts.
In these Accra neighborhoods, young professionals typically pay between GH₵2,000 and GH₵5,000 per month for a 1-bedroom apartment ($130 to $320 USD, or €125 to €305 EUR).
What attracts young professionals to these Accra areas is the walkability to cafes and bars, proximity to coworking spaces, newer apartment stock, and relatively good internet connectivity.
By the way, you will find a detailed tenant analysis in our property pack covering the real estate market in Accra.
Where do families prefer to rent in Accra right now?
The top three neighborhoods where families prefer to rent in Accra are East Legon, Trasacco Valley, and Dzorwulu, which offer larger homes, gated compounds, and quieter streets.
In these Accra neighborhoods, families typically pay between GH₵5,000 and GH₵15,000 per month for a 2 to 3 bedroom apartment or townhouse ($320 to $960 USD, or €305 to €915 EUR).
What makes these Accra areas attractive to families is the availability of parking, 24-hour security, proximity to international schools, and enough space for children to play safely.
Top-rated schools near these family-friendly Accra neighborhoods include Lincoln Community School in East Legon, Ghana International School in Cantonments, and American International School in the Airport area.
Which areas near transit or universities rent faster in Accra in 2026?
As of early 2026, the top three areas near transit hubs or universities that rent fastest in Accra are Legon (near University of Ghana), the Tetteh Quarshie interchange area, and the Spintex Road corridor.
In these high-demand Accra areas, well-priced rental properties typically find tenants within 20 to 30 days, compared to the city-wide average of 30 to 45 days.
The typical rent premium for properties within walking distance of transit nodes or universities in Accra is around GH₵300 to GH₵600 per month ($20 to $40 USD, or €19 to €37 EUR) above comparable units further away.
Which neighborhoods are most popular with expats in Accra right now?
The top three neighborhoods most popular with expats in Accra are Cantonments, Airport Residential Area, and Labone, where embassies, international organizations, and high-spec apartment buildings cluster together.
In these Accra neighborhoods, expats typically pay between GH₵6,000 and GH₵18,000 per month ($385 to $1,150 USD, or €365 to €1,100 EUR) for a furnished 1 to 2 bedroom apartment.
What makes these Accra areas attractive to expats is the reliable backup power, proximity to diplomatic missions, international-standard finishes, and English-speaking property managers familiar with foreign tenants.
The expat communities most represented in these Accra neighborhoods include Americans, British, Dutch, Germans, and Indians, many working for embassies, NGOs, multinationals, or the United Nations.
And if you are also an expat, you may want to read our exhaustive guide for expats in Accra.
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Who rents, and what do tenants want in Accra right now?
What tenant profiles dominate rentals in Accra?
The top three tenant profiles that dominate the rental market in Accra are local salaried households, young professionals and roommates, and expats or NGO workers.
In Accra, local salaried households represent roughly 50% to 60% of the rental market, young professionals and roommates account for about 25% to 30%, and expats or NGO workers make up around 10% to 15%.
Local salaried households in Accra typically seek affordable 1 to 2 bedroom apartments in areas like Adenta or Madina, while young professionals prefer modern 1-bedroom units in Osu or Spintex, and expats look for furnished 2 to 3 bedroom apartments in Cantonments or Airport Residential.
If you want to optimize your cashflow, you can read our complete guide on how to buy and rent out in Accra.
Do tenants prefer furnished or unfurnished in Accra?
In Accra, roughly 70% of tenants prefer unfurnished rentals, while about 30% seek furnished apartments, though this split varies dramatically by neighborhood and tenant type.
The typical rent premium for furnished apartments in Accra is around GH₵800 to GH₵2,000 per month ($50 to $130 USD, or €48 to €125 EUR) above comparable unfurnished units.
In Accra, the tenant profiles that tend to prefer furnished rentals are expats on short-term assignments, diaspora returnees, and corporate tenants whose companies cover housing costs.
Which amenities increase rent the most in Accra?
The top five amenities that increase rent the most in Accra are backup power (generator or inverter), reliable water storage with pump systems, air conditioning, 24-hour security, and dedicated parking.
In Accra, backup power can add GH₵500 to GH₵1,500 per month ($32 to $96 USD), reliable water adds GH₵300 to GH₵800 ($19 to $51 USD), AC adds GH₵400 to GH₵1,000 ($26 to $64 USD), security adds GH₵300 to GH₵700 ($19 to $45 USD), and parking adds GH₵200 to GH₵500 ($13 to $32 USD).
In our property pack covering the real estate market in Accra, we cover what are the best investments a landlord can make.
What renovations get the best ROI for rentals in Accra?
The top five renovations that get the best ROI for rental properties in Accra are installing or upgrading backup power systems, adding water storage tanks with pumps, modernizing kitchens and bathrooms, installing air conditioning, and improving security features like gates and lighting.
In Accra, a backup power upgrade costs GH₵15,000 to GH₵40,000 ($960 to $2,560 USD) and can increase rent by GH₵500 to GH₵1,500 monthly, while a kitchen renovation costs GH₵8,000 to GH₵20,000 ($510 to $1,280 USD) and adds GH₵300 to GH₵800 monthly.
Renovations that tend to have poor ROI in Accra include high-end luxury finishes that exceed neighborhood standards, swimming pools in non-prime areas, and overly customized designs that limit tenant appeal.
We did some research and made this infographic to help you quickly compare rental yields of the major cities in Ghana versus those in neighboring countries. It provides a clear view of how this country positions itself as a real estate investment destination, which might interest you if you’re planning to invest there.
How strong is rental demand in Accra as of 2026?
What's the vacancy rate for rentals in Accra as of 2026?
As of early 2026, the estimated vacancy rate for rental properties in Accra is around 7% city-wide.
Across Accra neighborhoods, vacancy rates range from about 3% to 5% in prime expat areas like Airport Residential and Cantonments, up to 8% to 12% in more price-sensitive outer areas like Adenta or Tema.
The current vacancy rate in Accra is roughly in line with historical averages, as demand in prime submarkets remains strong while peripheral areas have more competition among landlords.
Finally please note that you will have all the indicators you need in our property pack covering the real estate market in Accra.
How many days do rentals stay listed in Accra as of 2026?
As of early 2026, the estimated average number of days rentals stay listed in Accra is around 30 to 45 days for well-priced properties.
Across different property types and neighborhoods in Accra, days on market range from about 20 to 35 days for prime furnished units in Cantonments or Airport Residential, up to 60 days or more for overpriced or poorly located properties.
The current days-on-market figure in Accra is similar to one year ago, as the market has stabilized after the higher volatility seen during the 2022 to 2023 inflation surge.
Which months have peak tenant demand in Accra?
The peak months for tenant demand in Accra are typically January to February and August to October.
These seasonal demand patterns in Accra are driven by new year job changes and relocations in January, and by school calendar cycles, university terms, and organizational staff rotations in late summer and early fall.
The months with the lowest tenant demand in Accra are usually April to June, when fewer relocations happen and many potential tenants delay moves until after the rainy season.
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What will my monthly costs be in Accra as of 2026?
What property taxes should landlords expect in Accra as of 2026?
As of early 2026, landlords in Accra should expect to pay around GH₵800 to GH₵3,000 per year in property rates ($50 to $190 USD, or €48 to €185 EUR) for a typical mid-market rental property.
Depending on property value and location in Accra, annual property rates can range from under GH₵500 for modest properties in outer areas to GH₵5,000 or more for high-value homes in prime neighborhoods ($32 to $320 USD, or €30 to €305 EUR).
Property rates in Accra are calculated by the Accra Metropolitan Assembly based on an assessed value of your property, and the rate varies depending on the property category and location within the city.
Please note that, in our property pack covering the real estate market in Accra, we cover what exemptions or deductions may be available to reduce property taxes for landlords.
What maintenance budget per year is realistic in Accra right now?
A realistic annual maintenance budget for a typical rental property in Accra is around GH₵8,000 to GH₵20,000 per year ($510 to $1,280 USD, or €490 to €1,220 EUR).
Depending on property age and condition in Accra, annual maintenance costs can range from GH₵5,000 for newer, well-maintained apartments up to GH₵35,000 or more for older properties requiring frequent repairs ($320 to $2,240 USD, or €305 to €2,135 EUR).
Landlords in Accra typically set aside around 8% to 15% of annual rental income for maintenance, or roughly 1 to 2 months of rent per year as a reserve.
What utilities do landlords often pay in Accra right now?
In Accra, the utilities landlords most commonly pay on behalf of tenants are common-area electricity, shared compound water, and generator or inverter maintenance costs.
For a typical rental property in Accra, landlord-paid utilities cost around GH₵200 to GH₵600 per month ($13 to $38 USD, or €12 to €37 EUR), though this varies based on compound size and backup power arrangements.
The common practice in Accra is for tenants to pay their own electricity (often via prepaid meter), water (sometimes shared), and internet, while landlords cover common area costs and building system maintenance.
How is rental income taxed in Accra as of 2026?
As of early 2026, residential rental income in Accra is taxed at a flat rate of 8% under Ghana's Rent Income Tax.
The main deductions landlords in Accra can claim against rental income are limited, as the 8% rate is applied to gross rent, though landlords can sometimes negotiate payment timing with tenants to manage tax cashflow.
A common tax mistake landlords in Accra should avoid is failing to register with the Ghana Revenue Authority and file rent income tax returns, which can result in penalties and interest on unpaid taxes.
We cover these mistakes, among others, in our list of risks and pitfalls people face when buying property in Accra.
We made this infographic to show you how property prices in Ghana compare to other big cities across the region. It breaks down the average price per square meter in city centers, so you can see how cities stack up. It’s an easy way to spot where you might get the best value for your money. We hope you like it.
What sources have we used to write this blog article?
Whether it's in our blog articles or the market analyses included in our property pack about Accra, we always rely on the strongest methodology we can … and we don't throw out numbers at random.
We also aim to be fully transparent, so below we've listed the authoritative sources we used, and explained how we used them and the methods behind our estimates.
| Source | Why It's Authoritative | How We Used It |
|---|---|---|
| Ghana Statistical Service | It's Ghana's official statistics agency, so its inflation and CPI data are the baseline reference for cost trends. | We used it to anchor our year-over-year rent change estimates to verifiable housing-cost inflation data. We also referenced its housing component to validate rent pressure when direct indexes are unavailable. |
| Bank of Ghana | It's Ghana's central bank, so its policy decisions are the clearest signal on borrowing costs and economic conditions. | We used it to explain why financing conditions affect landlord costs and rent pricing. We also anchored our 2026 rent growth outlook to the monetary policy direction. |
| World Bank Ghana Macro Poverty Outlook | The World Bank is a top-tier international institution with standardized macroeconomic methodology. | We used it to frame 2026 demand drivers like GDP growth and inflation direction. We also relied on it to ground our rent outlook in credible economic projections. |
| Ghana Revenue Authority | It's Ghana's tax authority, so the rates and rules published here are definitive for landlords. | We used it to state the official rent income tax rate for residential properties. We also referenced it to help landlords understand their after-tax rental income. |
| Public Utilities Regulatory Commission | PURC is Ghana's statutory utilities regulator, so its tariff schedules are the official reference for electricity and water costs. | We used it to estimate utility costs that landlords and tenants typically pay. We also referenced it to explain how utility price movements can affect rents in Accra. |
| Ghana Water Company Limited | GWCL is the national urban water utility and links to regulator-approved tariffs. | We used it to cross-check that water tariffs are current and officially approved. We also referenced it in our section on utilities tenants typically pay. |
| Ghana Property Centre (All Apartments) | It's a large, established listing portal with transparent asking rent data across Accra. | We used it to anchor city-wide typical asking rent levels. We also calibrated our studio, 1-bedroom, and 2-bedroom estimates to real listing ranges. |
| Ghana Property Centre (1-Bedroom) | Same portal filtered to a single unit type for cleaner comparability. | We used it as our primary data point for 1-bedroom typical asking rents. We also used the published range to validate our average versus prime framing. |
| Ghana Property Centre (2-Bedroom) | Same portal filtered to 2-bedrooms, the most common family and roommate format. | We used it as our primary data point for 2-bedroom typical asking rents. We also used its high-end range to show how wide the Accra spread is by neighborhood. |
| Ghana Property Centre (Demand Trends) | It provides transparent search demand data showing where users actively look for rentals. | We used it to identify which neighborhoods people actively search for in Accra. We also used it to validate our tenant preference sections with real demand signals. |
| Private Property Ghana | It's another large listing portal useful for triangulating market depth and inventory. | We used it to cross-check that Accra has deep rental inventory across segments. We also used it to support our vacancy and days-on-market estimates qualitatively. |
| Accra Metropolitan Assembly Composite Budget | It's an official government document about the city's finances and local revenue tools. | We used it to confirm that property rates are a real, recurring cost for landlords. We also referenced it as an official source when discussing local taxes. |
| Reuters | Reuters is a global wire service with strong editorial standards and primary sourcing. | We used it only as a cross-check narrative for inflation and monetary easing context in late 2025. We kept the hard numbers anchored to official Ghanaian sources. |
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