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.

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 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.

Price to Rent Ratio in Ireland increased to 112.11 in the first quarter of 2025 from 111.35 in the fourth quarter of 2024. This dataset includes a chart with historical data for Ireland Price to Rent Ratio.

Description: This data provides a range of statistics on residential rental prices. Data is available on average rental prices (€ per month) for property types by bedroom size – all bedrooms and then 1 to 4 bedrooms.The RTB Rent Index is the most accurate and authoritative report of its kind on the private rental sector in Ireland. The index is based on the RTB’s national register of tenancies and captures actual rents being paid for rented properties, rather than asking prices. The RTB Average Rent Dataset reports on the average rent in a number of locations around the country. The dashboards provide an annual view of transactions from 2008 to 2022.Geography available in RDM: State, Regional Assembly and Strategic Planning Area (SPA), County (26), Key Settlements.Source: Residential Tenancies Board (RTB)Weblink: https://data.cso.ie/table/RIQ02Date of last source data update: August 2023Update Schedule: Annual

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.

F2023B - Weekly Rent of Rented Private Households and Average rent in Permanent Housing Units. Published by Central Statistics Office. Available under the license Creative Commons Attribution 4.0 (CC-BY-4.0).Weekly Rent of Rented Private Households and Average rent in Permanent Housing Units...

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.

Prior to 1974 the data was based on surveys of existing house sales in Dublin carried out by the Valuation Office on behalf of the D. O. E. Since 1974 the data has been based on information supplied by all lending agencies on the average price of mortgage financed existing house transactions. Average house prices are derived from data supplied by the mortgage lending agencies on loans approved by them rather than loans paid. In comparing house prices figures from one period to another, account should be taken of the fact that changes in the mix of houses (incl apartments) will affect the average figures. Data for 1969/1970 is not available for Cork, Limerick, Galway, Waterford and Other areas The most current data is published on these sheets. Previously published data may be subject to revision. Any change from the originally published data will be highlighted by a comment on the cell in question. These comments will be maintained for at least a year after the date of the value change. National and Other Areas figure changed for 2015 on 27/6/15 as revised data received from Local Authorities Prices includes houses and apartments measured in €

CD481 - Rented Private Households in Permanent Housing Units by Average Weekly Rent. Published by Central Statistics Office. Available under the license Creative Commons Attribution 4.0 (CC-BY-4.0).Rented Private Households in Permanent Housing Units by Average Weekly Rent...

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.

Rental and leasing car providers have benefitted from a substantial expansion in the number of international tourists visiting Ireland, a large portion of which use rental cars for their stay. Rising business activity led to many businesses opting to rent and lease vehicles, supporting demand. Revenue for vehicle rental and leasing companies is forecast to expand at a compound annual rate of 1.4% to €1.4 billion over the five years through 2024, including growth of 6.6% in 2024. Most car providers offer short-term rentals to domestic and foreign customers. In 2020, revenue fell sharply because of the COVID-19 outbreak and lockdowns leading to a ban on most car usage. According to the CSO, the number of passengers passing through Dublin airport was 7.4 million in 2020, down 78% on 2019. Inbound travel was sluggish to recover in 2021, weighing on revenue growth. Reports of high rental rates – up to €560 per day for car rental bookings in 2022, according to the Irish Times – are causing overseas travellers to cancel trips and putting off customers. The industry is likely to benefit from the rising number of visitors to Ireland, aided by promotion activity and funding by Tourism Ireland. Passenger numbers in Ireland rose by 7.6% from 2023, driving more revenue for car rental services through international visitors. Funding for campaigns will boost the number of international tourists, supporting industry demand. Leasing firms are expected to continue attracting customers because most businesses prefer to lease vehicles and avoid the substantial capital outlay involved in outright purchases. Ireland will ban the sale of new petrol and diesel vehicles by 2030, meaning car providers will invest in their fleet ahead of the ban, weighing on the average profit margin. Revenue for vehicle rental and leasing companies is forecast to expand at a compound annual rate of 6.1% to €1.9 billion over the five years through 2029.

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.

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 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.

The house price to rent ratio in Ireland has been on a downward trend since 2022, and in the third quarter of 2023, it reached the lowest value recorded since 2017. The house price to rent ratio is calculated by dividing the nominal house prices by rent prices, with 2015 chosen as a base value when the index amounted to 100. An increase in the index value shows that house prices have risen faster than rents, while a decline suggests that rental growth has outpaced house prices appreciation. Ireland's house price to rent ratio averaged above that of the OECD average.

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.

The United Kingdom (UK) is the most expensive European country for annual costs of prime industrial rent. The annual rent for industrial space in London Heathrow in the first quarter of 2025 cost ***** euros per square meter. Switzerland, Norway, Ireland, Finland, and Luxembourg were the other European countries where the average annual cost of industrial prime rents in the capital city exceeded *********** euros per square meter.

In 2023, the most expensive residential rental market in Europe was London (inner) with rental costs of approximately **** euros per square meter. Dublin and Paris 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 afurnished 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 fourth quarter of 2021, Finland, Italy, and Belgium had the lowest house price to rent ratio, meaning that buying a house was most affordable there compared to renting.