Dublin is Ireland’s capital city and attracts many residents and tourists due to its rich history, diverse culture and thriving economy. Choosing the right area to live in is an important decision for those planning to live in Dublin for an extended period or rent an apartment for a short period. Different areas vary in accessibility, cost of housing, amenities and more. This article will provide a comprehensive guide to choosing a place to rent in Dublin.
City Centre
The city centre is one of Dublin’s busiest areas and is home to a wide variety of shops, restaurants, museums and cultural events. Living in the city centre means quickly walking to various entertainment venues and shopping centres. However, rents in the city centre are relatively high, and traffic congestion can take its toll.
South Dublin
South Dublin is a trendy residential area known for its beautiful parks, green spaces and quiet surroundings. Rental options are plentiful and varied, ranging from modern flats to traditional townhouses. Rents in the South are relatively high, but the quality of living is excellent. Many international schools and high-quality educational establishments are nearby.
North Dublin
North Dublin is a diverse area with great neighbourhoods and relatively cheap rents. There are many historic buildings, parks, and an area where young people and artists gather. Although it may not be as accessible as the city centre, North Dublin offers more affordable housing options and enjoys a lively community atmosphere.
East Dublin
Located near Dublin Port, East Dublin is a rapidly growing area. There are modern residential developments, shopping centres and entertainment venues. Rents are moderate but can be affected by the distance from the city centre.
West Dublin
West Dublin is a growing area with many new neighbourhoods and residential developments. Rents are generally more affordable, and there is easy access to the city centre. West Dublin also has a number of educational and healthcare facilities, making it an excellent place for families to live.
Highest Rent Areas in Dublin
The Berlin area’s rent is among the country’s highest, with an average monthly rent of €1,972. Within the Dublin area, the highest rents are found in the Dún Laoghaire Rathdown County Council area, with an average monthly rent of €2,173, while the Fingal County Council area has an average rent of €1,836.
In Dublin, the average renter will spend almost €24,000 a year on rent. In addition, the average rent in Cork City is €1,392 per month, with Co Cork averaging €1,130 per month and Galway City averaging €1,293.
The increase in rents is a reflection of the buoyancy of the Irish housing market. According to data from Ireland’s Central Statistics Office (CSO), national property prices have risen 123 per cent from their low point in early 2013 to 2022. With residential prices in Dublin rising 127.6 per cent from a low point in February 2012 to 2022 and facing a tight rental market, buying and investing in homes in Ireland is entering a period of profitability.
What is Causing the Buoyancy of the Irish Housing Market?
Continued Influx of Talent to Ireland
Against the backdrop of inflationary pressures and challenges faced by most countries around the globe, Ireland’s economy grew by 10.8 per cent in the first quarter of 2022, an impressive growth rate that stands out from the rest of the world, thanks to the government’s sound economic policy decisions and the country’s core tech industries such as biopharmaceuticals, computing and many more.
According to Ireland’s Central Statistics Office (CSO), multinational-led sectors grew by 14.1 per cent, which means that Ireland’s multinationals will continue to grow in 2023, which will see an influx of talent. The housing market will continue to remain buoyant.
Study in Ireland
Ireland has a favourable educational environment, with several world-renowned universities attracting large numbers of international students each year. According to figures released by Ireland’s Central Applications Office (CAO), applications from EU students wishing to study at universities in Ireland have more than tripled since the 2016 Brexit referendum. Applications from non-native Irish students have increased from 5,063 to 9,616 since 2020.
FAQ
The contract is in English, and the flat does not translate Chinese.
It is essential to pay attention to the spelling of the name, passport number, ID number, the beginning and the end of the contract, as well as the contract mentioning the fees, confirming the amount of money to ensure that there is enough credit or cash in the card provided.
Pay special attention to the rules for returning, subletting and refunding deposits.
Areas such as Rathmines, Ranelagh, and Stoneybatter are quite popular among international students. They offer a blend of affordable rentals, proximity to universities, and a bustling social scene.
Yes, most of these areas are within a short commute to major universities in Dublin. For instance, Rathmines is just a short bus ride away from Trinity College Dublin and University College Dublin.
The rent can vary depending on the area and type of accommodation. On average, you might expect to pay between €600 and €1000 per month for a room in a shared apartment in these areas.
Yes, many rental properties in these areas come furnished, which can be a great convenience for international students moving to Dublin.
