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≈₵11,907 | $1,400 | +0.5% | +1.0% |
| 2BR | $1,200 | $1,550≈₵17,577 | $2,000 | +3.3% | +3.8% |
| 3BR | $1,700 | $2,100≈₵23,814 | $2,800 | +0.5% | +1.0% |
| 4BR | $2,200 | $2,800≈₵31,752 | $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 $1,550 quote is about ₵17,577 at today's ₵11.34/$.
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% (₵210,924 annual rent ÷ ₵2,268,000 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
How much is a 2-bedroom in Labone?
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.Is Labone expensive compared to other Accra neighborhoods?
Labone ranks #3 of 45 tracked Greater Accra neighborhoods by 2-bedroom median rent, normalised to cedi-equivalent so dollar- and cedi-quoted areas compare fairly. It sits in the prime tier.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.How far is Labone from the airport and central Accra?
Labone is about 3.8 km from central Accra and 5.0 km from Kotoka airport. It takes 10-15 min to central Accra; walking distance to Osu and the coast.Is rent in Labone quoted in dollars or cedis?
Rent in Labone is quoted in dollars. Dollar-quoted — an expat and upper-professional base near the embassies keeps pricing in USD.What's the difference between 1BR, 2BR, and 3BR in Labone?
1BR medians at $1,050, 2BR at $1,550, 3BR at $2,100. The 2BR is the workhorse listing — it suits both couples and roommates, so expect higher availability and faster turnover than 1BR.
Have a question we should answer? Email hello@accra.cool.
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