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Miguel Moran – Best Places In The World To Retire User Account
Rental cost is something that's based on location. If you're renting a house in the historical center of Granada, Nicaragua, you would need to pay a premium property price. The rental cost for houses in this part of town could go for $800 all the way up to $1,500 a month. 
 
For $800 a month in the center of town, you could get a house that's 150 to 200 square meters (about 1,100 to 1,600 square feet) with two to three bedrooms, a kitchen, and a living room.
 
For $1,500 a month in the center of town, you may not be getting more space for the extra cost, but you're getting better amenities. You could get a more colonial-looking house with a small pool, nicer showers, and granite countertops.
 
If you go a little bit further from the center, some people rent houses for $300 to $400. The cheapest rental cost in the urban area outside Granada is $150. 
 
There are two big communities outside the historical center of Granada. One is La Villa, which is a kilometer or two from the historical center. You can rent houses in this area for $400 to $500. It may not be a house as nice as those in the historical center, but these area bigger-sized houses with bigger bedrooms and bathrooms, some even with backyards.  
Janice Gallagher of Granada Property Services – Best Places In The World To Retire User Account
Long term home rentals in Granada, Nicaragua can be as low as US $500 a month and as high as $1,800 a month, it just depends on how much luxury you want in your life. For instance, a four bedroom, 6,000 square foot home with a swimming pool, garage, internet, Jacuzzi tub, daily maid service, air conditioned bedrooms, fully equipped kitchen and beautifully furnished is about $1,800 plus electric. A 900 square foot two bedroom home with air conditioning, internet, fully equipped kitchen, maid service and comfortably furnished  is about $600 a month.
 
There are many individuals who are renting homes but your best bet is to go through a property management company so that you will have a go-to person in case there are challenges with the house. 

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