How Much Is Rent in Madina Today?
Madina's typical 2-bedroom rents for ₵2,600/month, moving +8.3% week-on-week. Ranked #40 of 45 tracked neighborhoods. A busy, youthful market town on the university corridor — affordable, dense and always in demand.
2BR median
+8.3% w/w
1BR median
+5.5% w/w
3BR median
+5.5% w/w
Rank vs Accra
of 45 tracked
Full breakdown by bedroom count
| Bedrooms | Low | Median | High | w/w | 1m |
|---|---|---|---|---|---|
| 1BR | ₵1,700 | ₵2,321 | ₵2,900 | +5.5% | +6.8% |
| 2BR | ₵2,500 | ₵2,600 | ₵4,200 | +8.3% | +8.7% |
| 3BR | ₵3,500 | ₵4,747 | ₵5,900 | +5.5% | +6.8% |
| 4BR | ₵4,600 | ₵6,224 | ₵7,700 | +5.5% | +6.8% |
Who rents in Madina
Madina draws students, traders, working families, first-time renters near the university. A busy, youthful market town on the university corridor — affordable, dense and always in demand.
Commuting from Madina
It takes 25-35 min to central Accra via the Madina-Adenta and Atomic roads. Kotoka airport is about 8.5 km away. Traffic on this route is heavy — leave before 6:30am or after 9am if you can, and expect the evening crawl to double your travel time.
A middle-ground commute — far enough out for lower rent than the inner ring, close enough that the daily trip stays workable if you avoid the worst of rush hour.
Why Madina is quoted in cedis
Cedi-quoted — a dense local student and trading population priced entirely in cedis.
Rent vs buy in Madina
A 3-bedroom house in Madina sells for a median of ₵950,000, while a 3-bedroom rents for ₵4,747/month. Annualised, that's a gross rental yield of about 6% (₵56,964 annual rent ÷ ₵950,000 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 Madina
Madina market, University of Ghana, UPSA, Atomic Junction.
Comparable neighborhoods
Closest to Madina by cedi-equivalent 2-bedroom rent — compared like-with-like across currencies.
Common questions
- The median 2-bedroom in Madina rents for ₵2,600/month. The lower end starts around ₵2,500 for older or further-from-main-road units; premium new-build units reach ₵4,200.
Have a question we should answer? Email hello@accra.cool.
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