How Much Is Rent in Madina Today?

Full breakdown by bedroom count

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.

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

• How much is a 2-bedroom in Madina?+−

  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.
• Is Madina expensive compared to other Accra neighborhoods?+−

  Madina ranks #40 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 outer ring.
• 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.
• How far is Madina from the airport and central Accra?+−

  Madina is about 11.5 km from central Accra and 8.5 km from Kotoka airport. It takes 25-35 min to central Accra via the Madina-Adenta and Atomic roads.
• Is rent in Madina quoted in dollars or cedis?+−

  Rent in Madina is quoted in cedis. Cedi-quoted — a dense local student and trading population priced entirely in cedis.
• What's the difference between 1BR, 2BR, and 3BR in Madina?+−

  1BR medians at ₵2,321, 2BR at ₵2,600, 3BR at ₵4,747. The 2BR is the workhorse listing — it suits both couples and roommates, so expect higher availability and faster turnover than 1BR.

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