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18 Sept 2025

Average rents in Limerick continue to rise due to shortage in housing supply

Limerick rents are increasing according to latest Daft report

Average rents in County Limerick increased significantly over the past year

AVERAGE monthly rents in County Limerick have risen by almost a fifth over the past year - significantly more than the rate of increase in the city, new figures have revealed.

According to the latest Daft Rental Price Report, which has just been published, the average monthly rent for a property in County Limerick at the end of March was €1,340 - up from €1,272 at the end of last December and €1,129 twelve months ago.

The latest figure represents a 5.4% increase in average monthly rent compared to the previous quarter and a 18.7% change year-on-year.

While average monthly rents in Limerick city are higher than the county, at €1,645, there has been a slight reduction when compared to the last quarter of 2022 when the average was €1,673. 

According to Daft, the average rent for a one-bedroomed apartment in the city was €1,128 (+14.1% y-o-y) at the end of March compared to €1,327 (+15.1%) for a two-bedroomed house and €1,602 (+19.1%) for a three-bedroomed house.

In the county area, average rents were €895 (+20.4% y-o-y) for a one-bedroomed apartment; €1,051 (+22.9%) for a two-bedroomed house and €1,238 (+25.4%) for a three-bedroomed house.

The rental report also shows it costs an average of €575 to rent a single room in the city centre while it costs an average of €524 to rent a single room in the suburbs. 

Commenting on the Daft report, its author Ronan Lyons, economist at Trinity College Dublin, said: “The private rental market has been under increasing stress over the last two years, as first society reopened after the Covid-19 pandemic and then the war in Ukraine led to a refugee crisis. There are some signs that, if things are not getting better, then they are getting much worse. Availability of homes to rent has stopped falling, albeit at extremely low levels, while the quarterly change in rents seen January to March was far smaller than the average increase seen in 2021 and 2022."

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