Rents continue to rise in Dublin as prices have jumped by 11% compared to last year.
Stark figures revealed that the average rents in South County Dublin were a whopping €2,586 from January to March. Meanwhile, South Dublin City prices were an average of €2,446, and rents in Dublin City were €2,300.
North Dublin City saw average rents of €2,249 during the first three months of the year, according to the figures released by Daft.ie this week. The report revealed that the cost of renting had gone up 0.5% quarter-on-quarter in Dublin City compared to Cork City, Limerick City, Galway City, and Waterford City where prices fell by 1.8% on average during the same period.
Read more: Inside north Dublin's cheapest home for sale for €145,000
The total number of properties to rent in Ireland was at 959 homes on May 1. The Daft.ie report’s author, Trinity College Dublin associate professor of economics Ronan Lyons said: "While this is up 13% on the same date a year earlier, it is one of the lowest totals seen on the site since the start of the report in 2005."
We had a look at the average rents in every Dublin area on Daft.ie and calculated how much you'll need to earn monthly if 30% of your gross salary covered rental costs for a three-bedroom house.
Editor's note: Prices are based on available properties in each area on Daft.ie at the time of publishing
Dublin 1
Average rent: €4,230
Monthly salary needed: €14,100
Dublin 2
Average rent: €5,094.20
Monthly salary needed: €16,980.60
Dublin 3
Average rent: €2,966.60
Monthly salary needed: €9,888.80
Dublin 4
Average rent: €6,104
Monthly salary needed: €20,346.60
Dublin 5
Average rent: €3,510
Monthly salary needed: €11,700
Dublin 6
Average rent: €3,805
Monthly salary needed: €12,683.30
Dublin 6W
Average rent: €2,655.80
Monthly salary needed: €8,852.60
Dublin 7
Average rent: €3,562.50
Monthly salary needed: €11,875
Read more: Five gorgeous south Dublin homes for sale for under €350,000
Dublin 8
Average rent: €2,765
Monthly salary needed: €9,216.60
Dublin 9
Average rent: €3,036.50
Monthly salary needed: €10,121.60
Dublin 10
There are no three-bedroom houses or apartments available to rent in this area on Daft.ie at the time of writing.
Dublin 11
Average rent: €2,875
Monthly salary needed: €9,583.30
Dublin 12
Average rent: €3,000
Monthly salary needed: €10,000
Dublin 13
Average rent: €2,658.30
Monthly salary needed: €8,861.10
Dublin 14
Average rent: €3,515
Monthly salary needed: €11,716.60
Dublin 15
Average rent: €2,450
Monthly salary needed: €8,166.60
Dublin 16
Average rent: €2,993
Monthly salary needed: €9,976.60
Dublin 17
There are no three-bedroom houses or apartments available to rent in this area on Daft.ie at the time of writing.
Dublin 18
Average rent: €3,293
Monthly salary needed: €10,976.60
Dublin 20
Average rent: €2,600
Monthly salary needed: €8,666.60
Dublin 22
There are no three-bedroom houses or apartments available to rent in this area on Daft.ie at the time of writing.
Dublin 24
Average rent: €2,750
Monthly salary needed: €9,166.60
Read next:
Henry St may have residents for first time in decades with new apartment plans
Two Dublin apartments going under the hammer for under €250,000
Cheapest two bedroom houses and apartments in every Dublin postcode
Converted attic advertised as 'penthouse apartment' with rent over €2k a month
Sign up to the Dublin Live Newsletter to get all the latest Dublin news straight to your inbox.
