How Much Is Rent in Cantonments Today?
Cantonments's typical 2-bedroom rents for $1,800/month, moving 0.0% week-on-week. Ranked #1 of 45 tracked neighborhoods. Accra's diplomatic enclave and its most consistently expensive rental market, prized for security and prestige.
2BR median
0.0% w/w
1BR median
+0.5% w/w
3BR median
+0.5% w/w
Rank vs Accra
of 45 tracked
Full breakdown by bedroom count
| Bedrooms | Low | Median | High | w/w | 1m |
|---|---|---|---|---|---|
| 1BR | $1,100 | $1,300≈₵15,126 | $1,700 | +0.5% | +1.0% |
| 2BR | $1,500 | $1,800≈₵20,943 | $2,400 | 0.0% | 0.0% |
| 3BR | $2,100 | $2,500≈₵29,088 | $3,400 | +0.5% | +1.0% |
| 4BR | $2,800 | $3,300≈₵38,396 | $4,400 | +0.5% | +1.0% |
Tracking for Cantonments begins with this snapshot — we show the current level and won't infer a week-on-week trend from a single point.
Who rents in Cantonments
Cantonments draws diplomats, embassy staff, NGO and multinational expats, senior Ghanaian professionals. Accra's diplomatic enclave and its most consistently expensive rental market, prized for security and prestige.
Commuting from Cantonments
It takes 10-15 min to central Accra along Cantonments Rd and Independence Ave; minutes from the ministries and embassies. Kotoka airport is about 3.5 km away. Traffic here is among the lighter loads in the city, so your travel time stays fairly predictable.
The short, central commute is part of what the rent buys here — you are paying a premium to stay minutes from the offices, embassies and the airport, and getting your time back in return.
Why Cantonments is quoted in dollars
Quoted and collected in US dollars — landlords price for an embassy and expat tenant base whose incomes are dollar-denominated and who hedge against cedi depreciation. For a tenant earning cedis, that means the rent quietly rises in cedi terms whenever the currency slips — the figure you see is indexed above at the current rate.
A $1,800 quote is about ₵20,943 at today's ₵11.63/$.
Rent vs buy in Cantonments
A 2-bedroom apartment in Cantonments sells for a median of $220,000, while a 2-bedroom rents for $1,800/month. Annualised, that's a gross rental yield of about 9.8% (₵251,316 annual rent ÷ ₵2,559,700 price, both at today's BoG rate).
For context, mid-market gated and executive stock in Accra typically runs an 8–12% gross yield; short-let corridors like Osu and Cantonments can reach 15–25%. Yield is gross of service charge, vacancy and management.
What's near Cantonments
The embassy enclave, 37 Military Hospital, Ghana International School, Osu Oxford Street, Labadi beach.
Comparable neighborhoods
Closest to Cantonments by cedi-equivalent 2-bedroom rent — compared like-with-like across currencies.
Common questions
- The median 2-bedroom in Cantonments rents for $1,800/month. The lower end starts around $1,500 for older or further-from-main-road units; premium new-build units reach $2,400.
Have a question we should answer? Email hello@accra.cool.
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