In 2004 the percentage of Irish home owners was from 81.80%among the highest in Europe, today fell to 70%. An even more surprising collapse considering that it occurred despite the continued growth of the Irish employment rate, now at 79.1%and wages: lo average salary in Ireland (50 thousand euros per year) is in fact the third highest in Europebehind Denmark And Luxembourg and before Sweden And Finland. As for the United Kingdom the main reason for Irish housing crisis is to be found in the delay accumulated by Governments in implementing far-sighted housing policies and in the explosion of short-term rental market. Result: in a decade the average cost for rent in Dublin has doubled, reaching the record figure of in January 2024 2,384 eurosan increase in 2.6% on an annual basis which brings i average rental prices in Dublin to surpass those of London which stand, at the beginning of 2024, at an average monthly cost of 2,376 euros.
Dublin, the cheapest areas for rent
How to find affordable accommodation in the English capital living for rent in Dublin means looking at peripheral areas better connected to the centre, preferably choosing urban areas controlled rent i.e. all the areas where, with the entry into force in 2021 of Residential Tenancies Actthe monthly rental payment cannot exceed inflation levels.
Living in Dublin, the best connected neighborhoods for commuters
Located in the western suburbs of Dublin, Ballyfermot it’s almost a city in its own right 7 km from the centre. Particularly rich in green areas, including the Phoenix Park one of the largest enclosed parks in the world, this neighborhood is the cheaper choice to rent a house a few kilometers from the center of Dublin. The average monthly rent for a two-room apartment to Ballyfermot and of 1,982 euros per month. Another option halfway between the city center and theDublin airportis represented by the neighborhood Finglas approximately 6 km north of Temple Bar, the most central area of Dublin. The main characteristic of Finglas is that it has retained its rural character since typical Irish village, especially in the older areas of the neighborhood. The average monthly cost to take in I rent a two-room flat in Finglas And 2,165 euros.
Rent in Dublin, the neighborhood with the lowest prices
Another solution to look for a cheap rent in Dublin it’s the neighborhood Clondalkinin the suburbs southwest of the city. Slightly further from the center, it is 10 km from Temple Barit is however well connected both via bus That train. As with all Irish suburbs, it abounds in green areas, in particular Clondalkin is famous for the Grange Castle Business Park, a corporate campus surrounded by nature that houses the development divisions of companies such as Google, Pfizer And Microsoft. The Wide availability of accommodation in Clondalkin and the distance from the center determines a cost of rent decidedly below the Dublin averagehere a two-room apartment costs on average 1,848 euros per month.
Houses for rent near the sea in Dublin
Looking at east of Dublin city centre we find the neighborhoods that overlook the Dublin Bayamong which Blackrock one of the largest residential areas in the Dublin suburbs, a 8km from the center in the direction southeast. Here, in addition to the inevitable green areas including the nature reserve of Booterstownis based on Blackrock College renowned educational institution, home to one of Ireland’s oldest rugby clubs, Blackrock College Rugby Football Club founded in 1882. The average cost forrent a two-room apartment in Blackrock and of 2,295 euros.
New neighborhoods of Dublin, Ringsend the former industrial area
In the exact center of the bay, a 4 kilometers from Temple Barthere are the ancient suburbs and the old port of Dublin, around which the city’s financial district now rises, Ringsend. Despite the strong gentrification process which completely changed the face of the neighborhood, Ringsend it is one of the few areas where it is still possible to find traces of the city’s ancient industrial heritage. The strong residential vocation of this area is linked to the fact that companies that move here can access years of tax relief in the face of the creation of condominiums and of jobs. However here the prices are among the highest in the city since most of the buildings are new construction, a two-room apartment a Ringsend costs on average 2,650 euros per month.
The cost of rent in Dublin city centre
We definitively leave the suburbs to enter the Dublin citadel and review the price of the rentals in the most central areas of Dublin. TO Rialtoa neighborhood that houses the historic factory of Guinness beera two-room apartment costs on average 2,300 euros per month. TO Belfield where the largest Irish University is located Dublin College, the price for renting a two-room apartment rarely drops below 2,500 euros and in the heart of the city, a Temple Bara two-room apartment for rent costs on average 2,565 euros.
