The cost of renting a studio apartment in Accra depends on factors such as location, furnishing, size, and available amenities. Whether you are looking for an affordable unit or a luxury serviced studio, understanding the rental price trends can help you find the best deal.
How Much Is Rent for a Studio Apartment in Accra?
1. Average Monthly Rent for Studio Apartments
The price of renting a studio apartment varies based on whether it is furnished or unfurnished and the location.
| Apartment Type | Average Monthly Rent (GHS) | Price Range (GHS) |
|---|---|---|
| Standard Studio Apartment | 1,500 – 3,000 | 800 – 4,500 |
| Furnished Studio Apartment | 3,500 – 6,500 | 2,500 – 8,500 |
| Luxury Studio Apartment | 6,500 – 12,000+ | 5,000 – 18,000 |
Note: Furnished and serviced studio apartments cost more due to added convenience and utilities.
2. Rental Costs by Location
The price of studio apartments in Accra is heavily influenced by the neighborhood and proximity to business districts.
| Location | Average Rent (GHS/month) |
|---|---|
| Cantonments & Airport Residential | 6,000 – 12,000+ |
| East Legon & Ridge | 4,500 – 9,000 |
| Osu & Labone | 4,000 – 8,500 |
| Spintex & Achimota | 2,500 – 5,500 |
| Tema & Adenta | 1,500 – 4,000 |
Factors That Affect Studio Apartment Prices in Accra
✔ Location – Premium areas like Cantonments and East Legon have higher rent prices.
✔ Furnishing – Furnished studio apartments cost more than unfurnished ones.
✔ Amenities – Apartments with security, gym, and swimming pools tend to have higher rental rates.
✔ Lease Terms – Short-term serviced apartments cost more per month than long-term leases.
How to Find an Affordable Studio Apartment in Accra
✔ Compare Listings – Check multiple real estate platforms for the best rental deals.
✔ Negotiate Rent – Some landlords offer lower rates for long-term leases.
✔ Consider Nearby Locations – Choosing areas outside premium neighborhoods can significantly lower rent costs.
✔ Look for Included Utilities – Some apartments cover water, internet, or parking, providing better value.
Find Studio Apartments for Rent on Apartments.com.gh
Looking for a studio apartment in Accra that fits your budget? Browse verified listings on Apartments.com.gh to find affordable and luxury rentals.
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