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)
