How Much Is Rent in Labone Today?
Labone's typical 2-bedroom rents for $1,550/month, moving +3.3% week-on-week. Ranked #3 of 45 tracked neighborhoods. A leafy, low-rise pocket between Osu and Cantonments — central but calmer than the nightlife strip next door.
2BR median
+3.3% 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 | $850 | $1,050≈₵12,217 | $1,400 | +0.5% | +1.0% |
| 2BR | $1,200 | $1,550≈₵18,034 | $2,000 | +3.3% | +3.8% |
| 3BR | $1,700 | $2,100≈₵24,434 | $2,800 | +0.5% | +1.0% |
| 4BR | $2,200 | $2,800≈₵32,578 | $3,700 | +0.5% | +1.0% |
Who rents in Labone
Labone draws expats, creative-industry professionals, senior civil servants, established Ghanaian families. A leafy, low-rise pocket between Osu and Cantonments — central but calmer than the nightlife strip next door.
Commuting from Labone
It takes 10-15 min to central Accra; walking distance to Osu and the coast. Kotoka airport is about 5.0 km away. Traffic is manageable off-peak but builds at rush hour, so time your run either side of the 7–9am and 5–7pm peaks.
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 Labone is quoted in dollars
Dollar-quoted — an expat and upper-professional base near the embassies keeps pricing in USD. 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 $1,550 quote is about ₵18,034 at today's ₵11.63/$.
Rent vs buy in Labone
A 2-bedroom apartment in Labone sells for a median of $200,000, while a 2-bedroom rents for $1,550/month. Annualised, that's a gross rental yield of about 9.3% (₵216,411 annual rent ÷ ₵2,327,000 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 Labone
Osu Oxford Street, Labadi beach, La General Hospital, Ghana International School.
Comparable neighborhoods
Closest to Labone by cedi-equivalent 2-bedroom rent — compared like-with-like across currencies.
Common questions
- The median 2-bedroom in Labone rents for $1,550/month. The lower end starts around $1,200 for older or further-from-main-road units; premium new-build units reach $2,000.
Have a question we should answer? Email hello@accra.cool.
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