Exploring Affordable Living Options: A Breakdown of Studio Apartment Costs in Accra

Considering buying a studio apartment in the Accra area? Learn more about the cost of purchasing one of these properties and what you should budget for with our expert guide.

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Exploring Affordable Living Options: A Breakdown of Studio Apartment Costs in Accra
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Exploring Affordable Living Options: A Breakdown of Studio Apartment Costs in Accra

Welcome to the bustling city of Accra, where opportunities abound and dreams are within reach! As you embark on your journey towards a new chapter in life, one question looms large: how can I find an affordable living arrangement without compromising on comfort or convenience? Well, fret not! In this blog post, we will take you on a fascinating exploration of studio apartment costs in Accra – uncovering hidden gems and breaking down the numbers to help you make an informed decision. So fasten your seatbelts and get ready for a thrilling ride through the world of affordable living options in our vibrant capital city. Let's dive right in!

What is a Studio Apartment?

Studio apartments are perfect for people who want an affordable place to call home but don't mind sharing a small space. In most cases, studio apartments cost between $100 and $200 per month, making them a great option for those on a tight budget. Additionally, studio apartments usually come with all the amenities you would expect in a larger apartment – like a kitchenette and bathroom – so you won't have to worry about sacrificing any of your living space. If you're looking for an affordable place to live in Accra, consider checking out some of the studios available on the market. These apartments generally range in size from 100 to 150 square feet and can be found anywhere from busy downtown neighborhoods to quieter residential areas. Plus, since studio apartments typically come furnished, you'll already have most of the basic necessities necessary for living prepared before moving in. Keep in mind that not every studio apartment is created equal. While some may feature high-end finishes and conveniences like air conditioning or access to private parking, others may be more basic and include only basic appliances like a stove and refrigerator. So it's important to do your research before settling on one as your new home base in Accra.

Types of Studio Apartments in Accra

There are a few different types of studio apartments available in Accra. Prices for each vary depending on the location, size, and features of the unit. One type of studio apartment typically found in central locations is the "backpacker studio." These units are small and light, perfect for budget-conscious travelers or students who need a place to sleep and store their belongings while they're in town. Backpacker studios typically cost around $60 per week. Another type of studio apartment is the "luxury studio." These units can be found in high-end neighborhoods near the city center or on the outskirts of town. Luxury studios typically cost between $150 and $300 per week, but some can go as high as $500 per week. Some features that might make a luxury studio more expensive than a backpacker studio include extra space, nicer furniture, and views.

Average Monthly Rent for a Studio Apartment in Accra

The average monthly rent for a studio apartment in Accra is GH¢2,600. This amount does not include utilities or parking. Studios in the city typically range from 350-500 square feet in size and are usually situated in central neighborhoods. Some popular neighborhoods for studios include Osu, Okwesa, and Nsawam. As with any location, it is important to research the specific area you are interested in before making a rental decision. The cost of living can vary drastically depending on where you live and what type of amenities are available. It is also important to consider your lifestyle when looking for an affordable apartment – some people prefer city life while others may be more content living near the beach or countryside. If you want to stay within a budget, it may be wise to look for apartments that require little-to-no maintenance. These units can be more affordable since they do not require as much attention from landlords or property managers. Apartment complexes that come with 24/7 security, swimming pools, and other amenities can also be expensive and beyond the reach of many renters.

Cost of Living in an Accra Studio Apartment

If you're looking for an affordable living option in Accra, a studio apartment may be the right choice for you. Studio apartments can cost as little as $200 per month, making them one of the most affordable options available in Accra. However, not all studio apartments are equal. While some may be equipped with basic amenities like a kitchenette and a bathroom, others may not have any of these features at all. Additionally, studios may be located in areas that are less desirable than more expensive neighborhoods, so it's important to do your research before choosing one. Regardless of their cost, studio apartments offer many advantages over other types of housing in Accra. They're easy to move into and out of, making them perfect for people who frequently travel or need to switch residences. Additionally, studios tend to be spacious and comfortable, making them great places to live if you're looking for somewhere affordable yet manageable.


Living in an expensive city like Accra can be incredibly daunting, but it doesn’t have to be. By exploring affordable living options, like studio apartments, you can live comfortably without breaking the bank. Not only are these types of apartments affordable, they also come with a lot of perks that make them a great option for anyone looking for an urban setting without having to compromise on quality or convenience. If you’re curious about what studio apartments in Accra cost and want to learn more about the available options, read on!