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House, Townhouse For Rent | Jumia House

Ghana: Home Ownership on the Rise

three bedroom townhouses for rent

Most of Ghana’s population are renters. But this is not a question of lifestyle. It is a question of necessity. The majority of Ghanaians remain beyond affordability in order to buy their own homes in spite of the fact that for more than a decade, the nation’s economy has steadily grown, and it is now considered a middle-income nation. Therefore, the end goal of renting a home in Ghana is typically to own a home.

Developers in Ghana understand this and continue to plan and build apartment complexes and multi-family houses for rent in addition to those for sale. Current homeowners understand this as well and often list their secondary homes as rentals. This wide availability of properties makes it very easy to find apartments and houses for rent while you save your money to buy.

Townhouses for Rent in Ghana

Renting in Ghana doesn’t limit you to a specific type of residence. There are apartments, single-family houses, multi-family houses and townhouses available. In the capital city of Accra, it is easier to find rentals compared to emerging cities such as Kumasi, Sunyani, Tamale and Ho.

three bedroom townhouse

Renting also doesn’t mean that you have to sacrifice quality or luxury. The majority of properties in Ghana including housing are of a high quality. A townhouse for rent in Ghana is typically considered to be a luxury. And although the prices for such houses are higher in the capital city of Accra, they are still relatively affordable. Outside the city, prices can be lower despite lower availability.

Accra Townhouses: Neighborhoods and Prices

Naturally, townhouse prices vary based on size, location and quality. While most townhouses have between two and four bedrooms, there are many larger sizes available. Some have five, six and even seven bedrooms. The majority of these properties are high-end, modern homes.

In 2015, a typical three-bedroom townhouse for rent could have a monthly cost of approximately GH 1,500 in the neighborhood of Tema, GH 130,000 in the neighborhood of Cantonments and GH 20,000 in Roman Ridge. Other areas with affordable rents are Haatso, Teshie, Santa Maria and North Legon.

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