A Daft.ie report has indicated rents for properties close to DART stations and Luas stops rose by 3% to an average of €1,770 per month in the first three months of last year.
This means that renters living close to Dublin’s light rail network are now paying a premium of €3,360 per year (17%) compared to the average rent for Dublin.
Commuters living on the Dublin coastline pay on average the most, with rents close to the Sandymount DART averaging at €2,282 per month.
Those living close to the Sandymount DART (the most expensive station to live by) pay on average double (€2,282) than those living by the Cheeverstown Luas (€1,056) which has the least expensive rents on these new maps.
Rents near DART stations are among the most expensive with Pearse (€2,226), Lansdowne Road (€2,175) and Dalkey (€2,205) among the five most expensive stations to live by.
Homes close to Spencer Dock on the red Luas line have the highest average rents (€2,260), while those living near the Charlemont stop (€2,091) pay most on the Luas green line.
As well as this, the report also looks at what the average rent is like for each stop on the new Luas Cross-city green line.
Properties close to the new Dominick stop came out on top, with average monthly rents of €1,894.
Commenting on the data; Martin Clancy from Daft.ie said: “Commuters living close to Dublin’s DART stations are now paying €1,810 on average each month – in contrast, the average rent by a red Luas stop is now €1,652 while it costs €1,797 for those close to the green Luas line.
Most expensive (All Stops & Stations)
- Sandymount – €2,282
- Spencer Dock – €2,260
- Pearse – €2,226
- Dalkey – €2,205
- Lansdowne Road – €2,175
Most expensive (LUAS Green Line)
- Charlemont – €2,091
- Central Park – €2,031
- St. Stephen’s Green – €2,010
- Milltown – €2,008
- Cowper – €2,007
Most expensive (LUAS Red Line)
- Spencer Dock – €2,260
- Mayor Sq – NCI – €2,094
- Jervis – €2,052
- George’s Dock – €2,035
- Four Courts – €1,966
Most expensive (DART)
- Sandymount – €2,282
- Pearse – €2,226
- Dalkey – €2,205
- Lansdowne Road – €2,175
- Grand Canal Dock – €2,145
Renters living close to the DART pay on average €1,810 per month in rent.
Check out our new DART & Luas stop-by-stop rental rail maps ????
????https://t.co/tPqM5BGjTu pic.twitter.com/j3RjK6x7tp
— Daft.ie (@daftmedia) April 10, 2018
You can find the full report here along with a map of all the stations. You can also see how the prices compare to before Christmas 2017 here.
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