Advertisement

We need your help now

Support from readers like you keeps The Journal open.

You are visiting us because we have something you value. Independent, unbiased news that tells the truth. Advertising revenue goes some way to support our mission, but this year it has not been enough.

If you've seen value in our reporting, please contribute what you can, so we can continue to produce accurate and meaningful journalism. For everyone who needs it.

pay rent image via Shutterstock

Average rent for a Dublin apartment is €1,070 - outside capital it's €630

Despite the continued growth in Dublin rents, they are still 15.5 per cent lower than their boom peak.

THE AVERAGE RENT for an apartment in Dublin was €1,070 in the last three months of 2013, while the average outside of the capital was just €630 according to new figures.

The latest quarterly rent index of the Private Tenancies Board (PRTB) found continued strong growth in Dublin rents of 2.1 per cent for the quarter. However, outside Dublin, overall rents fell by 0.9 per cent.

This period in the year is generally slower in the rental market but on an annual basis, it still means rents in Dublin grew 7.6 per cent.

Nationally, monthly rents for houses were lower in the last three months of 2013, down 1.5 per cent on the previous quarter. In contrast, rents for apartments were 1.9 per cent higher than in the third quarter of 2013.

The average national rent for a house at the end of last year was €744. In Dublin it averaged €1,168 and outside Dublin it was €608. As for apartments, the average rent in the capital was €1,070 and was €630 outside

Despite the continuing growth in Dublin, rents are still 15.5 per cent lower than their peak in 2007.

Read: Dublin council blames tenants for drop in rent collection>

Read: €373m spent in three years on private rental properties for social housing>

Readers like you are keeping these stories free for everyone...
A mix of advertising and supporting contributions helps keep paywalls away from valuable information like this article. Over 5,000 readers like you have already stepped up and support us with a monthly payment or a once-off donation.

Close
68 Comments
    Install the app to use these features.
    Mute Andy McGranaghan
    Favourite Andy McGranaghan
    Report
    Sep 25th 2021, 10:03 PM

    It’s expensive!

    165
    Install the app to use these features.
    Mute Jim Buckley Barrett
    Favourite Jim Buckley Barrett
    Report
    Sep 25th 2021, 10:38 PM

    @Andy McGranaghan: don’t worry the greens will sort it out with a new tax

    102
    Install the app to use these features.
    Mute Colette Kearns
    Favourite Colette Kearns
    Report
    Sep 25th 2021, 10:46 PM

    @Jim Buckley Barrett: Already started!

    46
    See 2 more replies ▾
    Install the app to use these features.
    Mute Paul Gorry
    Favourite Paul Gorry
    Report
    Sep 25th 2021, 11:00 PM

    @Andy McGranaghan: Its a shocking commodity for sure.

    25
    Install the app to use these features.
    Mute Hugh Morris
    Favourite Hugh Morris
    Report
    Sep 25th 2021, 11:40 PM

    @Paul Gorry: baddum tish

    12
    Install the app to use these features.
    Mute
    Favourite
    Report
    Sep 25th 2021, 10:23 PM

    Enough to say bringing in competition has had the complete opposite result to what competition was meant to bring , security of supply , lower prices . Well done regulator and government a complete failure .

    126
    Install the app to use these features.
    Mute Tom Kelly
    Favourite Tom Kelly
    Report
    Sep 25th 2021, 10:50 PM

    Seriously
    With data centers taking 25% of our electricity and been capable of absorbing 300% more than Irelands requirements of data storage, while generating minimal employment after construction, in a country with one of the highest electrical charges in Europe, why pick us ?
    We’re gulable, or at least some are, in our elected reprersantion.

    88
    Install the app to use these features.
    Mute Richard
    Favourite Richard
    Report
    Sep 25th 2021, 11:25 PM

    @Tom Kelly: that’s like saying “why even build a road, sure they employ no one after” and blatantly ignore a critical piece of infrastructure that directly supports the jobs and lives of countless people.

    53
    Install the app to use these features.
    Mute Edmund Orlando
    Favourite Edmund Orlando
    Report
    Sep 25th 2021, 11:33 PM

    @Tom Kelly: jaysus, someone downed a bottle of serious from the top shelf.

    28
    See 1 more reply ▾
    Install the app to use these features.
    Mute Garreth mc mahon
    Favourite Garreth mc mahon
    Report
    Sep 26th 2021, 9:16 AM

    @Tom Kelly: cheaper to run HVAC systems here due ti temperature conditions, mist probably on better rates than consumers, lower business tax rates and US-EU interconnector runs through here

    4
    Install the app to use these features.
    Mute John Kelly
    Favourite John Kelly
    Report
    Sep 25th 2021, 11:42 PM

    These quizes used to be good but alas no longer

    48
    Install the app to use these features.
    Mute Badger the witness
    Favourite Badger the witness
    Report
    Sep 26th 2021, 11:21 AM

    @John Kelly: indeed, I was looking forward to a quiz about electricity, Bob Dylan my Arše!

    13
    Install the app to use these features.
    Mute Miriam
    Favourite Miriam
    Report
    Sep 25th 2021, 11:00 PM

    it’s shocking expensive

    33
    Install the app to use these features.
    Mute Richard Cronin
    Favourite Richard Cronin
    Report
    Sep 25th 2021, 11:40 PM

    Many years & moons ago I got my hands on caterpillar 4kW kerosene generator, & it has been in the shed for some time. It is going to get a service test fire & a full tank tomorrow, for just in case.

    28
    Install the app to use these features.
    Mute Richard Cronin
    Favourite Richard Cronin
    Report
    Sep 26th 2021, 11:38 AM

    @Richard Cronin: took about an hour & a 1/2 of fettling now its purring like a 3 cylinder kitten

    8
    Install the app to use these features.
    Mute Fiona Fitzgerald
    Favourite Fiona Fitzgerald
    Report
    Sep 26th 2021, 7:25 PM

    @Richard Cronin: Good going. Have you got a carbon monoxide detector? Handy tips here:

    https://www.popularmechanics.com/science/health/a35537361/carbon-monoxide-poisoning-how-to-avoid/

    1
    Install the app to use these features.
    Mute Graeme Leech
    Favourite Graeme Leech
    Report
    Sep 25th 2021, 10:48 PM

    Shockingly little

    17
    Install the app to use these features.
    Mute Tom Kelly
    Favourite Tom Kelly
    Report
    Sep 25th 2021, 10:50 PM

    Seriously
    With data centers taking 25% of our electricity and been capable of absorbing 300% more than Irelands requirements of data storage, while generating minimal employment after construction, in a country with one of the highest electrical charges in Europe, why pick us ?
    We’re gulable, or at least some are, in our elected reprersantion.

    12
    Install the app to use these features.
    Mute Fiona Fitzgerald
    Favourite Fiona Fitzgerald
    Report
    Sep 26th 2021, 12:13 AM

    First time I’ve retaken a quiz to get a better image – that eel skull frightened me.

    13
    Install the app to use these features.
    Mute Cáit Mulcahy
    Favourite Cáit Mulcahy
    Report
    Sep 26th 2021, 11:52 AM

    Spent the last 10 mins reading about Cataumbo Lightning… mad sh!t altogether!

    6
Submit a report
Please help us understand how this comment violates our community guidelines.
Thank you for the feedback
Your feedback has been sent to our team for review.
JournalTv
News in 60 seconds