In the second quarter of 2024, Dublin stood out with the highest average residential rent in Ireland. The average rent in the city center was ***** euros a month. Wicklow took the second spot with a rent of ***** euros per month. Other counties in the top five were Kildare, Meath, and Louth with an average rent range of ***** to ***** euros. In contrast, Leitrim emerged as the most budget-friendly county, with an average monthly rent of ***** euros. Additionally, Donegal, Monaghan,Sligo, and Mayo joined the ranks of the top five most affordable counties, boasting average rents ranging from ***** to ***** euros. Overall, residential real estate in most Irish counties measured a double-digit annual increase in rental costs in the second quarter of 2024.
The average rental costs across Ireland increased steadily over the past decade. The National Rent Index, using the 2012 average rental prices as its baseline, reached ***** index points in June 2024. That was an increase of **** index points from the same period the year before. Across the country, rents increased the most in Longford, Laois, and Kilkenny between the second quarter of 2023 and the second quarter of 2024.
In the second quarter of 2024, Galway had the highest residential rent amongst major cities in Ireland. Properties in Galway on average were in the range of ***** to ***** euros, depending upon the size of the property. Limerick was the second most expensive city, with homes ranging from ***** to ***** euros. In contrast, Waterford stood out as the most affordable city compared to others, with properties available at rates ranging from *** to ***** euros. In Dublin, the average rent for a two-bedroom apartment ranged between ***** and ***** euros, depending on the area.
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Price to Rent Ratio in Ireland increased to 113.78 in the second quarter of 2025 from 112.11 in the first quarter of 2025. This dataset includes a chart with historical data for Ireland Price to Rent Ratio.
During the second quarter of 2024, Dublin City Center stood out for having the highest average price for renting a room in Ireland. The average rent for a room in Dublin city center was *** for a room with a single bed and *** for a room with a double bed. In contrast, Ulster and Connacht were the most affordable regions, with an average rent in the range of *** euros for a single bedroom and *** euros for a double bedroom. The Irish rental market has grown dramatically in the past decade, with rental costs increasing more than double since 2012.
The average residential rent in the different counties in Ireland increased by between ***** and **** percent in the second quarter of 2024 compared to the same period the year before. Longford saw the most substantial rise, recording a **** percent increase. Laois claimed the second spot with a rent increase of **** percent. Other counties in the top five were Kilkenny, Leitrim, and Limerick, all with rent increases ranging from ** to **** percent. Conversely, several counties exhibited more modest rent increases during this period. Some of the most expensive counties, including Dublin's city center, Wicklow, Kildare, Meath, and Louth reported rent increases ranging from * to **** percent.
In the second quarter of 2024, Dublin 2 stood out as the postal sector with the highest average residential rent for a one-bedroom apartment in Dublin. The average rent in Dublin 2 was ***** euros a month. Dublin 4 took the second spot with a rent of ***** euros per month. Other areas in Dublin in the top five were Dublin 1, Dublin 6, and South Co Dublin, boasting average rents ranging from ***** to ***** euros. In contrast, West Dublin emerged as the most budget-friendly area, with an average monthly rent of ***** euros. Additionally, Dublin 24, Dublin 22, North Co Dublin, and Dublin 15 joined the ranks of the top five most affordable areas in Dublin, with average rents ranging from ***** to ***** euros. Dublin is the most expensive rental market, followed by Wicklow and Kildare.
Renting an apartment in Cambridge cost on average 1,600 British pounds per month in July 2025. This made it one of the most expensive cities for renters in the UK after London. In London region, the average rent amounted to 2,192 British pounds. According to the source, this figure shows the asking rent, adjusted for achieved rents. A comparison of the rent prices of different London boroughs shows that costs may vary by several hundred and even over a thousand British pounds. Looking at the regional prices, Northern Ireland, Wales, and the Northeast emerged as the regions with the most affordable rents.
The prime rent for office real estate in Dublin, Ireland has increased steadily since 2013. The average rental rate peaked in 2022 at *** euros per square meter — where it remained stable in 2023 and 2024 — up from *** euros per square meter in 2021. In comparison, the office rental rate was *** euros per square meter in 2013. In Europe, London, Paris, and Stockholm were the markets with the most expensive rents.
The United Kingdom (UK) is the most expensive European country for prime industrial rent. The monthly rent for industrial space in London Heathrow in the second quarter of 2025 cost 28.9 euros per square meter. Switzerland, Norway, and Ireland, were the other European countries where the average annual cost of industrial prime rents in the capital city exceeded one 12 euros per square meter.
The prime headline rent for industrial and logistics real estate in Dublin, Ireland, has steadily increased, reflecting the strong demand and declining vacancy of warehousing. The second quarter of 2023 reached the highest rental rate on record, with the prime rent of a square meter of warehouse space costing *** euros. That was a notable increase from the same period a year ago, when the rent of a comparable property amounted to *** euros per square meter. Overall, Dublin ranked within the top five most expensive industrial and logistics markets in Europe in 2023.
The Northern Ireland Housing Executive (NIHE) average weekly rent in Northern Ireland has increased since 2002/2003. It can be seen that the average weekly rent reached over ** British pounds in 2023, up from ***** British pounds in 2003.
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This Statistic shows the average cost of grade A and grade B office rents in Northern Ireland (United Kingdom) per square foot in 2019. The most expensive area to rent Grade A office space in Northern Ireland was seen in the capital, Belfast, with an average of ** British pounds per square foot. This is almost * euros higher than the cost per square foot for grade A office property rent in Derry.
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The rental costs per square meter of prime office spaces in Dublin, Ireland increased for the second year in a row in 2023. As of the second quarter of the year, the monthly rent of prime offices stood at 58.3 euros per square meter.
In 2024, the most expensive residential rental market in Europe was Luxembourg with rental costs of approximately *****euros per square meter.Paris and Dublin followed with rental costs of ***and *****euros per square meter. Rents increased across most markets - a trend that could also be observed in the housing market. How much does an apartment cost in different European cities? Renting a furnished studio apartment in some of the leading cities in Europe can cost anywhere between *** euros monthly (Budapest) and ***** euros (Amsterdam) per month. For a furnished one-bedroom apartment in Paris, France, one may be expected to pay on average ***** euros monthly. Which countries have the most affordable housing? The house price to rent ratio is an indicator of the affordability of owning housing over renting across European countries and is calculated as the nominal house prices divided by a rent price index. The higher the ratio, the more the gap between house prices and rental rates has widened since 2015 when the index base was 100. As of the first quarter of 2025, Finland, Italy, and Romania had the lowest house price to rent ratio, meaning that buying a house was most affordable there compared to renting.
During the second quarter of 2024, Galway emerged as the top-performing city among the selected cities in Ireland in terms of the gross annual yield for all property types. The city had gross annual yields ranging from *** to **** percent, depending on the property size. Following closely behind, Waterford claimed the second-highest annual yield, ranging **** from *** percent. Meanwhile, properties in Galway and Limerick were yielding between *** to **** percent. In Dublin, the rental yield for a two-bedroom house ranged between *** and *** percent, depending on the area.
This statistic displays the average annual cost per square meter of prime office rents across select European countries as of 2019. The United Kingdom (UK) had the most expensive annual cost per square meter of office rent at over *** thousand euros. France and Ireland completed the top three most expensive countries per square meter per year for prime office rent with *** and *** euros respectively.
The retail and warehousing real estate sectors saw the highest yield among the different commercial property types in Ireland in 2023. Conversely, rental homes had the lowest yield, reflecting the lower risk associated with investing in that property type. The net equivalent of the retail and industrial sectors in the second quarter of the year was **** percent. Private rental homes had **** percent lower yields, at *** percent.
In the second quarter of 2024, Dublin stood out with the highest average residential rent in Ireland. The average rent in the city center was ***** euros a month. Wicklow took the second spot with a rent of ***** euros per month. Other counties in the top five were Kildare, Meath, and Louth with an average rent range of ***** to ***** euros. In contrast, Leitrim emerged as the most budget-friendly county, with an average monthly rent of ***** euros. Additionally, Donegal, Monaghan,Sligo, and Mayo joined the ranks of the top five most affordable counties, boasting average rents ranging from ***** to ***** euros. Overall, residential real estate in most Irish counties measured a double-digit annual increase in rental costs in the second quarter of 2024.