Accra 1-Bedroom Apartment Prices – Rent and Purchase Insights

Accra’s real estate market offers a variety of 1-bedroom apartments, ranging from high-end serviced units to affordable housing in growing neighborhoods. Whether you are looking to rent or buy, understanding the cost of a one-bedroom apartment is crucial for making an informed decision. This guide provides insights into current prices, factors influencing costs, and budgeting tips to help you find the right home.

Average Cost of Renting a 1-Bedroom Apartment in Accra

Rental prices for 1-bedroom apartments in Accra vary based on location, amenities, and demand. Below is a general breakdown:

Luxury Areas (Cantonments, Airport Residential, Labone, East Legon)

• Monthly Rent: $700 – $1,500 (GHS 8,400 – GHS 18,000)
• Features: Modern finishes, 24-hour security, swimming pools, gym, and serviced apartments.

Mid-Range Areas (Osu, Achimota, Spintex, Tesano, Adenta)

• Monthly Rent: $300 – $700 (GHS 3,600 – GHS 8,400)
• Features: Gated communities, semi-furnished units, good road networks, and proximity to commercial hubs.

Affordable Areas (Madina, Dansoman, Kasoa, Ashaley Botwe, Teshie)

• Monthly Rent: $150 – $400 (GHS 1,800 – GHS 4,800)
• Features: Basic housing, moderate infrastructure, and growing communities.

Most landlords require one to two years' rent upfront, but some properties now offer flexible payment options, including monthly and quarterly payments.

How Much Does It Cost to Buy a 1-Bedroom Apartment in Accra?

For buyers, 1-bedroom apartments are available at various price points, depending on the neighborhood and amenities. Below is a general breakdown:

Luxury Areas (Cantonments, Airport Residential, Labone, East Legon)

• Price Range: $80,000 – $250,000 (GHS 960,000 – GHS 3M)
• Features: High-end developments, prime locations, security, and premium amenities.

Mid-Range Areas (Osu, Spintex, Achimota, Adenta, Tesano)

• Price Range: $40,000 – $80,000 (GHS 480,000 – GHS 960,000)
• Features: Well-planned communities, modern apartments, and good resale value.

Affordable Areas (Kasoa, Madina, Dansoman, Ashaley Botwe, Teshie)

• Price Range: $20,000 – $50,000 (GHS 240,000 – GHS 600,000)
• Features: Budget-friendly housing, growing infrastructure, and potential for appreciation.

Many developers offer mortgage financing options, allowing buyers to spread payments over several years.

Factors That Affect the Cost of 1-Bedroom Apartments in Accra

1. Location – Prime areas like Cantonments and Labone command higher prices due to infrastructure, security, and accessibility.
2. Amenities and Facilities – Apartments with swimming pools, gyms, backup power, and 24-hour security are priced higher.
3. Furnished vs. Unfurnished – Fully furnished apartments can be 15-30% more expensive than unfurnished units.
4. Payment Terms – Some landlords and developers offer flexible payment plans, but this can lead to higher total costs.

Budgeting Tips for Renting or Buying a 1-Bedroom Apartment in Accra

• Compare listings on Apartments.com.gh to find the best deals.
• Consider alternative locations that offer more value for money.
• Negotiate payment terms with landlords and developers.
• If buying, explore mortgage financing options to ease the cost.

How Apartments.com.gh Can Help You Find a 1-Bedroom Apartment in Accra

Apartments.com.gh offers a wide selection of verified listings for renters and buyers in Accra. The platform provides:

• Advanced search filters to help you find properties within your budget.
• Direct contact with landlords and real estate agents.
• Flexible payment plan options for selected properties.

Visit Apartments.com.gh today to find your ideal 1-bedroom apartment in Accra.

Conclusion

The cost of a 1-bedroom apartment in Accra varies based on location, amenities, and property type. Whether you are renting or buying, understanding market trends will help you find the right home within your budget.

Start your property search today on Apartments.com.gh and explore the best 1-bedroom apartments available in Accra.