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Accra has a diverse real estate market with a wide range of three-bedroom apartments for rent and sale. Whether you are looking for a modern, high-end unit in a prime location or a more affordable option in the suburbs, understanding pricing trends is essential. This guide explores the cost of three-bedroom apartments in Accra, highlighting rental and purchase prices across different areas.
Average Cost of Renting a 3-Bedroom Apartment in Accra
The cost of renting a three-bedroom apartment in Accra depends on location, amenities, and the condition of the property. Below is an estimate of rent prices in different areas.
Luxury Areas (Cantonments, Airport Residential, Labone, East Legon)
- Monthly Rent: $2,000 – $4,500 (GHS 24,000 – GHS 54,000)
- Features: Modern finishes, 24-hour security, swimming pools, gym, and serviced apartments.
Mid-Range Areas (Osu, Achimota, Spintex, Tesano, Adenta)
- Monthly Rent: $800 – $2,000 (GHS 9,600 – GHS 24,000)
- Features: Gated communities, semi-furnished units, good road networks, and proximity to commercial hubs.
Affordable Areas (Madina, Dansoman, Kasoa, Ashaley Botwe, Teshie)
- Monthly Rent: $400 – $1,000 (GHS 4,800 – GHS 12,000)
- Features: Basic housing, moderate infrastructure, and growing communities.
Many landlords in Accra require one to two years' rent upfront, but some properties now offer monthly or quarterly payment plans.
How Much Does It Cost to Buy a 3-Bedroom Apartment in Accra?
For those interested in purchasing a three-bedroom apartment, prices vary based on location, amenities, and property type. Below is a general breakdown.
Luxury Areas (Cantonments, Airport Residential, Labone, East Legon)
- Price Range: $250,000 – $800,000 (GHS 3M – GHS 9.6M)
- Features: High-end developments, prime locations, top-tier security, and premium amenities.
Mid-Range Areas (Osu, Spintex, Achimota, Adenta, Tesano)
- Price Range: $100,000 – $250,000 (GHS 1.2M – GHS 3M)
- Features: Well-planned communities, modern apartments, and good resale value.
Affordable Areas (Kasoa, Madina, Dansoman, Ashaley Botwe, Teshie)
- Price Range: $50,000 – $120,000 (GHS 600K – GHS 1.4M)
- Features: Budget-friendly housing, growing infrastructure, and potential for long-term appreciation.
Many developers and financial institutions offer mortgage options, allowing buyers to spread payments over several years.
Factors That Affect the Cost of 3-Bedroom Apartments in Accra
- Location – Prime areas like Cantonments and Labone are more expensive due to their prestige, infrastructure, and security.
- Amenities and Facilities – Apartments with features such as swimming pools, gyms, 24-hour security, and backup power supply typically cost more.
- Furnished vs. Unfurnished – Fully furnished apartments are usually 15 to 30 percent more expensive than unfurnished units.
- Payment Terms – Some developers and landlords offer flexible payment plans, but this may increase the overall cost.
Budgeting Tips for Renting or Buying a 3-Bedroom Apartment in Accra
- Compare listings on Apartments.com.gh to find the best deals.
- Negotiate rental or purchase terms with landlords and developers.
- Consider alternative locations that offer better value for money.
- Explore mortgage financing options if buying a property.
How Apartments.com.gh Can Help You Find a 3-Bedroom Apartment in Accra
Apartments.com.gh offers a wide range of verified property listings across 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 three-bedroom apartment in Accra.
Conclusion
The cost of a three-bedroom apartment in Accra varies significantly based on location, amenities, and property type. Whether you are looking to rent or buy, careful planning and market research will help you find a home that suits your budget and lifestyle.
Start your property search today on Apartments.com.gh and discover the best three-bedroom apartments available in Accra.