Housing Market Overview
Guyana's housing market has transformed since the oil boom began. Georgetown rents have risen 30–50% since 2020, driven by demand from oil-sector workers, returning diaspora, and international organizations. Despite the increases, housing remains affordable by Caribbean and Western standards. Most expats rent; buying property as a foreigner is possible but involves more bureaucratic steps.
- Furnished 1-BR apartment in central Georgetown (Bel Air, Prashad Nagar): $400–$700/month
- Furnished 1-BR in suburbs (Providence, Diamond, Eccles): $300–$500/month
- Premium furnished apartments (near Marriott, Pegasus): $1,000–$2,000/month
- Whole houses (3–4 BR) in good areas: $800–$1,500/month
- New Amsterdam: 1-BR apartments from $200–$350/month
- Security features (gated compound, guards) common in higher-end rentals
- Rental market is largely informal — networking and local agents are key to finding good properties
