Follow Lovin Dublin

Dublin Rental Prices Are Now Just 6% Off Boom Levels

By niallharbison

December 20, 2016 at 12:10am

Share: always have some great data that can help show what is happening in the Irish housing market. Their quarterly report shows that the rental market is especially painful for people trying to find a place to live. The main problem seems to be lack of supply with very small amounts of new property coming on the market in the last 7 years. As author of the report Ronan Lyons says:

"The slow-down in rental inflation in Dublin at a time when new listings are sluggish suggests that a limit to affordability has been reached there. Over the last 12 months, availability has stabilised in Dublin at very low levels, while it has tightened further in the Commuter Counties. The underlying lack of construction in a city growing by roughly 10,000 new families every year has created a new generation of commuter, one driven not by preference for green space but by the hard maths of affordability."

Dublin Still Massively Expensive

Close to double digit growth in the capital as supply continues to be an issue. As you would expect D4 is the most expensive area to rent in the capital.


Supply The Issue

As the graph below shows supply has been decreasing over the last few years, despite the fact that there are 10,000 new families looking for rental properties every year in Dublin.


Dublin Versus Rest Of Country


For anybody out pounding the streets trying to rent a gaf in Dublin, none of the above is going to be any great surprise as the horror stories have been ongoing for the last couple of years. For any young professionals looking to move home or people moving here for work, the numbers would be a huge worry and could even put you off moving here.

Excellent info as always from Daft. Read the full report here


Join the Lovin Dublin Newsletter

* indicates required


Marketing Permissions

Please select all the ways you would like to hear from Lovin Media Group:

You can unsubscribe at any time by clicking the link in the footer of our emails. For information about our privacy practices, please visit our website.

We use Mailchimp as our marketing platform. By clicking below to subscribe, you acknowledge that your information will be transferred to Mailchimp for processing. Learn more about Mailchimp's privacy practices here.