Authored by the expert who managed and guided the team behind the Ghana Property Pack
Everything you need to know before buying real estate is included in our Ghana Property Pack
If you're considering renting out property in Ghana, you'll want to know what tenants actually pay and where demand is strongest.
This guide breaks down current rent levels, top neighborhoods, tenant preferences, and landlord costs across Ghana in 2026.
We update this blog post regularly to reflect the latest market data and 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 Ghana.
Insights
- Rents in Accra have risen roughly 8% to 14% year-over-year through early 2026, outpacing the national average due to concentrated expat and corporate demand in the capital.
- A well-priced apartment in prime Accra neighborhoods like Cantonments or Airport Residential typically rents within 15 to 35 days, while overpriced units can sit for 90 days or more.
- The Greater Accra region shows a housing stock vacancy rate around 14.6%, but actual rental vacancy for quality units runs much tighter at roughly 6% to 10%.
- Reliable power backup, such as an inverter or generator, can add 15% to 25% to monthly rent in Ghana because tenants prioritize electricity resilience over almost any other amenity.
- Peak tenant demand in Ghana hits during January through March and again from August through October, driven by new jobs, school cycles, and the common practice of annual advance rent.
- Landlords in Ghana pay an 8% rent income tax on residential properties, which must be remitted within 30 days of receiving rent according to the Ghana Revenue Authority.
- Maintenance costs for rental properties with backup power systems, water storage, and air conditioning typically run 3% to 5% of property value per year in Ghana.
- Young professionals in Accra gravitate toward Osu and Spintex Road for walkability and value, while families prefer East Legon and Tema for space and schools.
What are typical rents in Ghana as of 2026?
What's the average monthly rent for a studio in Ghana as of 2026?
As of early 2026, the average monthly rent for a studio apartment in Ghana is approximately GH₵ 1,700 (around $110 USD or €100 EUR), though Accra studios typically start higher at about GH₵ 2,300 ($150 USD or €140 EUR).
The realistic monthly rent range for most studios in Ghana spans from GH₵ 1,200 to GH₵ 3,000 ($75 to $195 USD or €70 to €180 EUR), with the lower end found in secondary cities like Kumasi or Tamale and the higher end in central Accra neighborhoods.
The main factors causing studio rents to vary within Ghana include location (Accra commands a premium), furnishing level, building age, and whether the unit includes backup power or water storage.
What's the average monthly rent for a 1-bedroom in Ghana as of 2026?
As of early 2026, the average monthly rent for a 1-bedroom apartment in Ghana is approximately GH₵ 2,150 (around $140 USD or €130 EUR), with Accra's typical 1-bedroom asking rent sitting close to GH₵ 2,200 ($140 USD or €135 EUR).
The realistic monthly rent range for most 1-bedroom apartments in Ghana runs from GH₵ 1,500 to GH₵ 2,800 ($95 to $180 USD or €90 to €170 EUR), covering everything from basic units in regional cities to renovated apartments in Accra suburbs.
Neighborhoods like Adenta, Achimota, and Madina in Accra tend to have the cheapest 1-bedroom rents, while Cantonments, Airport Residential, and Labone command the highest prices for this unit type.
What's the average monthly rent for a 2-bedroom in Ghana as of 2026?
As of early 2026, the average monthly rent for a 2-bedroom apartment in Ghana is approximately GH₵ 3,500 (around $225 USD or €210 EUR), while Accra's typical 2-bedroom asking rent sits closer to GH₵ 4,000 ($260 USD or €240 EUR).
The realistic monthly rent range for most 2-bedroom apartments in Ghana spans from GH₵ 2,500 to GH₵ 4,500 ($160 to $290 USD or €150 to €275 EUR), reflecting the wide variation between secondary cities and the capital.
Cheaper 2-bedroom rents in Ghana are found in Tema, Spintex outskirts, and Kumasi, while the most expensive 2-bedroom apartments cluster in East Legon, Cantonments, and Roman Ridge in Accra.
By the way, you will find much more detailed rent ranges in our property pack covering the real estate market in Ghana.
What's the average rent per square meter in Ghana as of 2026?
As of early 2026, the average rent per square meter for mid-market apartments in Accra is approximately GH₵ 55 (around $3.50 USD or €3.30 EUR), though this varies significantly by neighborhood and property quality.
The realistic rent per square meter range across Ghana spans from GH₵ 25 to GH₵ 140 ($1.60 to $9 USD or €1.50 to €8.50 EUR), with secondary cities like Kumasi and Tamale at the lower end and prime Accra areas like Cantonments at the top.
Compared to other major cities in West Africa, Accra's rent per square meter sits in the mid-to-upper range, generally higher than Lagos mid-market but below the most premium expat compounds in Abidjan or Dakar.
Property characteristics that push rent per square meter above average in Ghana include reliable backup power systems, modern finishes, gated security, dedicated parking, and proximity to international schools or embassies.
How much have rents changed year-over-year in Ghana in 2026?
As of early 2026, rents in Ghana have increased approximately 8% to 14% year-over-year, with Accra's well-located apartments trending toward the higher end of that range.
The main factors driving rent changes in Ghana this year include persistent housing-related inflation running in the low teens, strong demand from returning diaspora and expats, and limited new quality supply in prime locations.
This year's rent increase in Ghana is slightly lower than the 2024-2025 period when inflation peaked, reflecting the cooling effect of the Bank of Ghana's aggressive rate cuts and declining headline inflation.
What's the outlook for rent growth in Ghana in 2026?
As of early 2026, rent growth in Ghana is projected to moderate to approximately 6% to 12% over the coming year, with prime Accra neighborhoods likely to hold closer to the upper end.
Key economic factors likely to influence rent growth include Ghana's falling inflation rate, easing monetary policy from the Bank of Ghana, and continued urbanization pressure as more people move to Accra for employment.
Neighborhoods in Ghana expected to see the strongest rent growth include East Legon, Spintex Road corridor, and Tema Community areas, where new developments and infrastructure improvements are attracting middle-class tenants.
Risks that could cause rent growth to differ from projections include unexpected currency depreciation, renewed inflation spikes from utility tariff adjustments, or political uncertainty ahead of any major elections.
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 Ghana as of 2026?
Which neighborhoods have the highest rents in Ghana as of 2026?
As of early 2026, the top three neighborhoods with the highest average rents in Ghana are Cantonments at roughly GH₵ 8,000 per month ($515 USD or €485 EUR), Airport Residential Area at around GH₵ 7,500 ($485 USD or €455 EUR), and Roman Ridge at approximately GH₵ 7,000 ($450 USD or €425 EUR).
These neighborhoods command premium rents because they offer gated security, proximity to embassies and international schools, reliable infrastructure, and prestige addresses that appeal to high-income tenants.
The typical tenant profile in these high-rent Ghana neighborhoods includes expatriates on corporate packages, embassy staff, senior executives at multinational companies, and wealthy Ghanaians or diaspora returnees.
By the way, we've written a blog article detailing what are the current best areas to invest in property in Ghana.
Where do young professionals prefer to rent in Ghana right now?
The top three neighborhoods where young professionals prefer to rent in Ghana are Osu for its walkability and nightlife, East Legon for its restaurants and newer apartments, and Spintex Road corridor for its value and retail access.
Young professionals in these Ghana neighborhoods typically pay monthly rents ranging from GH₵ 2,000 to GH₵ 4,500 ($130 to $290 USD or €120 to €275 EUR) depending on whether they rent alone or share with roommates.
Specific amenities attracting young professionals to these Ghana neighborhoods include proximity to coworking spaces, gyms, cafes, reliable internet infrastructure, and vibrant social scenes within walking distance.
By the way, you will find a detailed tenant analysis in our property pack covering the real estate market in Ghana.
Where do families prefer to rent in Ghana right now?
The top three neighborhoods where families prefer to rent in Ghana are East Legon for its space and services, Trasacco and Adjiringanor for their gated communities, and Tema Community 10 and 25 for their planned layouts and family housing.
Families in these Ghana neighborhoods typically pay monthly rents of GH₵ 4,000 to GH₵ 8,000 ($260 to $515 USD or €240 to €485 EUR) for 2 to 3 bedroom apartments with adequate space for children.
Features making these neighborhoods attractive to families in Ghana include quiet streets, compound housing with outdoor space, proximity to supermarkets and healthcare, and lower crime rates compared to central Accra.
Top schools near these family-friendly Ghana neighborhoods include Lincoln Community School, Ghana International School, and Tema International School, all of which drive rental demand in their catchment areas.
Which areas near transit or universities rent faster in Ghana in 2026?
As of early 2026, the top three areas near transit or universities that rent fastest in Ghana are the Legon and University of Ghana corridor, the Achimota junction area, and the KNUST neighborhoods in Kumasi including Ayeduase and Kotei.
Properties in these high-demand Ghana areas typically stay listed for only 10 to 25 days, significantly faster than the citywide average of 25 to 40 days for comparable units.
The typical rent premium for properties within walking distance of transit or universities in Ghana runs about GH₵ 300 to GH₵ 600 per month ($20 to $40 USD or €18 to €36 EUR) above similar units further away.
Which neighborhoods are most popular with expats in Ghana right now?
The top three neighborhoods most popular with expats in Ghana are Cantonments for its embassy proximity, Airport Residential Area for its convenience, and Labone for its mix of local and international amenities.
Expats in these Ghana neighborhoods typically pay monthly rents of GH₵ 6,000 to GH₵ 12,000 ($385 to $775 USD or €365 to €725 EUR) for quality apartments with the amenities they expect.
Features making these neighborhoods attractive to expats in Ghana include 24-hour security, generator backup as standard, managed compounds with maintenance staff, and short commutes to international schools and diplomatic missions.
The expat communities most represented in these Ghana neighborhoods include Americans, British, Indians, Lebanese, and Chinese nationals, many working for embassies, NGOs, or multinational corporations.
And if you are also an expat, you may want to read our exhaustive guide for expats in Ghana.
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Who rents, and what do tenants want in Ghana right now?
What tenant profiles dominate rentals in Ghana?
The top three tenant profiles dominating the rental market in Ghana are local professionals working in banking, telecoms, and the public sector, young graduates and early-career renters often sharing apartments, and diaspora returnees seeking modern accommodations.
Local professionals represent roughly 50% of the Ghana rental market, while young graduates and sharers account for about 25%, and diaspora returnees plus expats make up the remaining 25%.
Local professionals in Ghana typically seek 1 to 2 bedroom apartments near their workplaces, young sharers look for 2 to 3 bedroom units to split costs, and diaspora returnees prefer newer furnished apartments with modern finishes.
If you want to optimize your cashflow, you can read our complete guide on how to buy and rent out in Ghana.
Do tenants prefer furnished or unfurnished in Ghana?
Approximately 70% of tenants in Ghana prefer unfurnished rentals to keep costs down, while about 30% seek furnished or part-furnished units, mostly in the expat and corporate segments.
The typical rent premium for furnished apartments in Ghana runs GH₵ 800 to GH₵ 2,000 per month ($50 to $130 USD or €48 to €120 EUR) above unfurnished equivalents, depending on furnishing quality.
Tenant profiles that tend to prefer furnished rentals in Ghana include expats on short-term assignments, diaspora returnees testing the market, and corporate tenants whose companies cover relocation packages.
Which amenities increase rent the most in Ghana?
The top five amenities that increase rent the most in Ghana are reliable power backup (generator or inverter), water storage with pump, 24-hour security, air conditioning in main rooms, and dedicated parking with good road access.
Reliable power backup adds roughly GH₵ 400 to GH₵ 800 ($25 to $50 USD or €24 to €48 EUR) monthly, water resilience adds GH₵ 200 to GH₵ 400 ($13 to $25 USD), security adds GH₵ 300 to GH₵ 600 ($20 to $40 USD), air conditioning adds GH₵ 300 to GH₵ 500 ($20 to $32 USD), and parking adds GH₵ 200 to GH₵ 400 ($13 to $25 USD) to monthly rent in Ghana.
In our property pack covering the real estate market in Ghana, we cover what are the best investments a landlord can make.
What renovations get the best ROI for rentals in Ghana?
The top five renovations with the best ROI for rental properties in Ghana are adding an inverter or backup power system, upgrading water storage and plumbing, refreshing the kitchen with modern countertops and cabinets, installing mosquito-proofing and proper seals, and applying durable flooring with a fresh paint job.
An inverter system costs roughly GH₵ 15,000 to GH₵ 30,000 ($970 to $1,940 USD) and can boost rent by GH₵ 500 to GH₵ 800 monthly, a kitchen refresh costs GH₵ 8,000 to GH₵ 20,000 ($515 to $1,290 USD) for a rent increase of GH₵ 300 to GH₵ 600, and water storage upgrades cost GH₵ 5,000 to GH₵ 12,000 ($320 to $775 USD) for GH₵ 200 to GH₵ 400 in additional rent.
Renovations that tend to have poor ROI in Ghana include luxury finishes that exceed neighborhood standards, swimming pools in non-prime areas, and over-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 Ghana as of 2026?
What's the vacancy rate for rentals in Ghana as of 2026?
As of early 2026, the estimated rental vacancy rate for well-priced, good-condition apartments in Accra is approximately 6% to 10%, with prime neighborhoods running even tighter.
Vacancy rates across different Ghana neighborhoods range from as low as 4% in high-demand areas like Cantonments and East Legon to over 15% in less accessible suburbs or for overpriced units.
The current vacancy rate in Ghana is slightly below the historical average, reflecting strong urbanization trends and limited new quality supply despite a national housing stock vacancy of about 12.7% according to the 2021 census.
Finally please note that you will have all the indicators you need in our property pack covering the real estate market in Ghana.
How many days do rentals stay listed in Ghana as of 2026?
As of early 2026, the average number of days rentals stay listed in Ghana is approximately 25 to 40 days for fairly priced apartments in Accra, with faster movement for quality units in desirable areas.
Days on market across Ghana range from 15 to 35 days for well-priced, good-condition apartments in prime Accra to 45 to 90 days or more for overpriced units, those with poor access, or properties lacking backup power.
The current days-on-market figure in Ghana is roughly similar to one year ago, though the best units are moving slightly faster due to continued strong demand from professionals and diaspora returnees.
Which months have peak tenant demand in Ghana?
The peak months for tenant demand in Ghana are January through March and August through October, when relocations spike due to new jobs, school cycles, and annual lease renewals.
The main factors driving these seasonal demand patterns in Ghana include the common practice of annual advance rent payments, corporate hiring cycles at year-start, and university terms that begin in August and September.
The lowest tenant demand months in Ghana are typically April through June and November through December, when most tenants are locked into existing leases and the holiday period slows decision-making.
Buying real estate in Ghana can be risky
An increasing number of foreign investors are showing interest. However, 90% of them will make mistakes. Avoid the pitfalls with our comprehensive guide.
What will my monthly costs be in Ghana as of 2026?
What property taxes should landlords expect in Ghana as of 2026?
As of early 2026, landlords in Ghana should expect to pay annual property rates of roughly GH₵ 500 to GH₵ 3,000 ($32 to $195 USD or €30 to €180 EUR) depending on property value, location, and the local assembly's valuation band.
The realistic range of annual property taxes in Ghana spans from GH₵ 300 ($20 USD) for modest properties in secondary cities to over GH₵ 5,000 ($325 USD) for prime Accra properties, with significant variation by Metropolitan, Municipal, and District Assembly (MMDA).
Property taxes in Ghana are calculated by the local assembly based on property valuations, and rates vary because each MMDA sets its own schedule, so landlords should confirm directly with their specific assembly such as the Accra Metropolitan Assembly.
Please note that, in our property pack covering the real estate market in Ghana, we cover what exemptions or deductions may be available to reduce property taxes for landlords.
What maintenance budget per year is realistic in Ghana right now?
A realistic annual maintenance budget for a typical rental property in Ghana is approximately GH₵ 6,000 to GH₵ 15,000 ($385 to $970 USD or €365 to €910 EUR), with properties featuring backup systems requiring higher budgets.
The realistic range of annual maintenance costs in Ghana spans from 1.5% to 3% of property value for standard apartments to 3% to 5% for homes with generators, inverters, water pumps, polytanks, and multiple air conditioning units.
Landlords in Ghana typically set aside 8% to 12% of annual rental income for maintenance, which covers routine servicing, minor repairs, and a reserve for unexpected issues like pump failures or electrical problems.
What utilities do landlords often pay in Ghana right now?
Landlords in Ghana most commonly pay service charges in managed compounds, which cover security, common area cleaning, gardening, and sometimes shared water costs, while tenants typically pay their own electricity, water, and internet.
Typical monthly costs for these landlord-paid utilities in Ghana range from GH₵ 400 to GH₵ 1,500 ($25 to $95 USD or €24 to €90 EUR) depending on the compound and level of services provided.
The common practice in Ghana is for tenants to pay all consumption-based utilities directly, with landlords responsible for any building-wide services, though exact splits should be clearly stated in the lease agreement.
How is rental income taxed in Ghana as of 2026?
As of early 2026, rental income from residential properties in Ghana is taxed at a flat rate of 8% on gross rent, which must be remitted to the Ghana Revenue Authority within 30 days of receiving payment.
Main deductions landlords can claim against rental income in Ghana are limited under the current withholding tax structure, though the Income Tax Act allows certain property-related expenses to be considered when filing annual returns.
A common tax mistake specific to Ghana that landlords should avoid is failing to remit the 8% rent tax on time, which triggers penalties and interest, especially problematic given Ghana's practice of collecting annual rent advances upfront.
We cover these mistakes, among others, in our list of risks and pitfalls people face when buying property in Ghana.
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 Ghana, 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 Property Centre (Accra apartments) | It's a large, searchable listings platform that publishes market trends directly from its listing database. | We used its average price as our baseline for a typical mid-market apartment rent in Accra. We then sanity-checked it against other listing-based sources to avoid relying on only one dataset. |
| Ghana Property Centre (Accra 1-bed apartments) | It's the same listings database, but filtered to a specific unit type so the comparison stays apples-to-apples. | We used the posted average price as the anchor estimate for 1-bedroom rents. We treated it as asking rent, then adjusted expectations slightly for negotiation and condition. |
| Ghana Property Centre (Accra 2-bed apartments) | It provides the same standardized market trends metric for 2-bedroom units. | We used its average price to anchor typical 2-bed rent levels. We cross-checked the implied rent-per-sqm against typical sizes to keep the estimate realistic. |
| Ghana Property Centre (Ghana apartments) | It gives a national-level view using the same methodology as the city pages. | We used it to frame Ghana-wide typical rents beyond Accra. We used it mainly to set a reasonable national range rather than pretending Ghana is one single market. |
| MeQasa (Accra apartments) | It's one of the best-known real estate marketplaces in Ghana and publishes a visible average price and listing counts. | We used its published average as a prime and verified-listings benchmark. We used the gap vs. Ghana Property Centre to quantify how much prime listings can skew average figures upward. |
| Ghana Statistical Service (CPI, Nov 2025) | It's Ghana's official statistics agency and the CPI is the country's reference inflation measure. | We used the housing, water, electricity, gas and other fuels inflation as the best official proxy for rent direction year over year. We used the monthly CPI trend to set a realistic 2026 rent-growth outlook under cooling inflation. |
| Ghana Statistical Service (2021 PHC housing) | It's an official census publication and the most defensible source for housing stock and occupancy status. | We used the vacant dwelling units share as a structural vacancy indicator. We used the Greater Accra and national figures to contextualize rental tightness and why good units move fast. |
| Bank of Ghana (MPC Decisions, Nov 2025) | It's the central bank's official policy decision document. | We used the policy-rate cut as evidence that financing conditions were easing into 2026. We used it to support a moderating but still positive rent-growth outlook. |
| Bank of Ghana (Monetary Policy Report, Jan 2025) | It's an official central-bank report explaining Ghana's inflation objective and macro framework. | We used it to reference the inflation target framework that anchors expectations into 2026. We used it to explain why slowing inflation usually cools rent growth with a lag. |
| Bank of Ghana (Monetary Policy Framework) | It's the Bank of Ghana's plain-English description of its inflation-targeting framework. | We used it to keep the explanation low-friction for non-professionals. We used it as a cross-check so the article stays consistent with the BoG's stated target and tools. |
| Ghana Revenue Authority (Rent income tax) | It's the official tax authority and it states the rental tax rates in one place. | We used it to quote the residential rent tax rate of 8% and the compliance basics. We used it to build the monthly costs section so readers don't rely on hearsay. |
| Ghana Revenue Authority (Rent Tax explainer) | It's the tax authority's explainer page and clarifies timing and who must pay. | We used it to confirm payment timing within 30 days of receiving rent and responsibilities. We used it as a second GRA cross-reference to avoid single-page dependency. |
| Income Tax Act, 2015 (Act 896) | It's the primary legal text for income tax in Ghana. | We used it as the legal backstop behind rent income tax so the article remains verifiable. We used it to keep the tax section aligned with the actual statute, not summaries. |
| PURC (Electricity and water tariffs, April 2025) | PURC is the regulator that officially publishes approved utility tariffs. | We used it to ground utility-cost assumptions in official tariff publications. We used it to explain why utilities can jump and how landlords should buffer for revisions. |
| Electricity Company of Ghana (Tariff Reckoner, May 2025) | It's the main electricity distributor and publishes a practical bill-calculation table. | We used it to translate tariffs into the way people actually experience costs: monthly bills. We used it to set realistic electricity ranges by household size. |
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