Housing

Average new rent in Dublin hits €2,063 per month, up 6.9%

New data released by the Residential Tenancies Board has shown the national standardised average rent in Ireland was €1,507 in the fourth quarter of last year

Rents for new tenancies were highest in Dublin, with the average new tenancy costing €2,063 per month, up 6.9 per cent in the year

Rents for new tenancies rose by 7.6 per cent on an annualised basis in the final quarter of 2022, new data from the Residential Tenancies Board (RTB) has shown.

The national standardised average rent in Ireland was €1,507 in the fourth quarter of 2022. The figure is based on rents charged in 15,868 new tenancy registrations.

On an annual basis, the rent level recorded for the final months of 2022 was 7.6 per cent higher. ...