Living alone in Accra can be exciting, offering independence and privacy, but it also comes with financial responsibilities. High rental costs, upfront deposits, and monthly living expenses can make it challenging to afford an apartment on your own. However, with smart financial planning and cost-saving strategies, you can successfully rent a place without roommates.
This guide provides practical tips to help you afford an apartment alone in Accra, whether you're a young professional, freelancer, or entrepreneur.
Renting solo means you bear the full financial responsibility, so it's crucial to select an apartment you can comfortably afford.
Financial experts suggest spending no more than 30-40% of your income on rent.
| Monthly Income (GHS/USD) | Recommended Rent (GHS/USD) |
|---|---|
| GHS 4,000 ($330) | GHS 1,200 ($100) |
| GHS 8,000 ($660) | GHS 2,400 ($200) |
| GHS 15,000 ($1,250) | GHS 4,500 ($375) |
✔ Consider smaller apartments like studio or 1-bedroom units instead of larger spaces.
✔ Negotiate rent with landlords for discounts on long-term leases.
✔ Search for properties off the main commercial districts to find lower rent prices.
Apartment prices vary widely based on location. Renting in prime areas like Cantonments or Airport Residential can be expensive, while nearby locations offer lower-cost alternatives.
| Luxury Areas (Higher Rent) | Affordable Areas (Lower Rent) |
|---|---|
| Cantonments, Airport Residential | Madina, Dansoman, Kasoa |
| Labone, East Legon | Ashaley Botwe, Teshie, Achimota |
| Osu, Ridge | Adenta, Spintex, Weija |
Living slightly outside the central business district can reduce rent by 30-50% while still offering easy access to amenities.
Most landlords in Accra require 1 to 2 years' rent upfront, which can be a major financial challenge for solo renters.
✔ Start a dedicated rent savings account – Deposit a fixed amount monthly.
✔ Look for flexible payment options – Some landlords now accept monthly or quarterly rent payments.
✔ Negotiate with landlords to reduce the initial deposit or spread payments over time.
Example: If rent is GHS 1,500 per month, expect to pay GHS 18,000 – GHS 36,000 upfront for a 1-2 year lease.
Renting an apartment that includes utilities like water, electricity, and internet can save money.
✔ Serviced apartments that include maintenance costs.
✔ Landlord-covered water and security fees.
✔ Apartments with prepaid electricity meters to control energy costs.
Use Apartments.com.gh to search for rental units with included utilities.
Living alone means handling all expenses alone, including rent, utilities, food, and transportation.
✔ Cook at home instead of eating out.
✔ Use public transport (trotros, shared taxis) instead of ride-hailing services.
✔ Buy household essentials in bulk to reduce shopping costs.
✔ Reduce electricity use by switching to energy-efficient bulbs and appliances.
If your salary is not enough to cover rent and living expenses, consider earning extra income.
✔ Freelancing – Work as a writer, designer, or virtual assistant online.
✔ Side Hustles – Start a small business like online selling or food delivery.
✔ Part-Time Jobs – Take on weekend jobs or consulting gigs.
Having an additional income source can make living alone more financially secure.
Furnishing an apartment can be costly, so renting a furnished unit can help you save money upfront.
✔ No need to buy beds, sofas, or kitchen appliances.
✔ Lower setup costs when moving in.
✔ Ideal for short-term living or expatriates.
Tip: Search for furnished apartments on Apartments.com.gh for hassle-free rentals.
If you find an apartment that you love but it’s slightly over budget, negotiating with the landlord can help you get a better deal.
✔ Ask for a discount if you can pay multiple months upfront.
✔ Offer a longer lease (e.g., 2 years) in exchange for a lower monthly rate.
✔ Negotiate flexible payment plans (e.g., quarterly instead of yearly payments).
Some landlords are willing to adjust pricing for serious tenants.
Apartments.com.gh offers verified property listings for renters looking to live alone. The platform provides:
Visit Apartments.com.gh today and find an apartment that suits your solo living needs.
Affording an apartment alone in Accra requires careful budgeting, smart housing choices, and additional income strategies. Whether you’re a young professional or freelancer, following these steps can help you secure a comfortable and affordable home.
Start your apartment search today on Apartments.com.gh and explore the best rental options in Accra.
