Search our Archive


Average home rental price in Limerick revealed

Average home rental price in Limerick revealed

RENTS across Limerick have continued to rise – despite the impact the Covid-19 pandemic has had on the economy.

That’s according to, whose latest report reveals the monthly rent in the rural part of the county stands at €925. That’s 3.4% higher than this time last year.

However, tenants’ rates in the city area are down 0.7%, with the average rent there now standing at €1,217.

Nationally, average monthly rents rose by of 1.2% in the year to July, according to the report.

Rents in Dublin are largely unchanged, year-on-year, having risen by just 0.2% in the last 12 months to July.

In the rest of Leinster and in Munster, rents have risen in the last year – by 3.3% and 2.7% respectively.

In Connacht and Ulster, however, rents are 0.6% lower than a year ago. In the sales segment, prices have risen in both Dublin (+1.2%) and the rest of Leinster (+2.1%) in the last 12 months, but have fallen elsewhere in the country – by 2.8% in Munster and by 2.5% in Connacht and Ulster.

Report author Ronan Lyons, economist at Trinity College Dublin said: “Both sale and rental segments show very little fall-off in housing prices since the start of the Covid-19 pandemic, despite the extraordinary economic contraction. Various policy supports, for both owner-occupiers and tenants, appear to have made prices sticky. Nonetheless, given the potential for successive waves of Covid-19 in Ireland, this may be tested in the coming quarters. As it stands, both sale and rental segments appear to have weathered the initial impact of the pandemic and the underlying shortage – especially of rental accommodation – remains.”

More News

Buy the e-paper of the Donegal Democrat, Donegal People's Press, Donegal Post and Inish Times here for instant access to Donegal's premier news titles.

Keep up with the latest news from Donegal with our daily newsletter featuring the most important stories of the day delivered to your inbox every evening at 5pm.