Dublin’s Spencer Dock most expensive place to rent

Average monthly rents in and around north inner city Luas over €1,800 a month

Rents in Spencer Dock were higher than anywhere elsewhere on the Luas line and even eclipsed rents in the suburbs of Sandymount and Dalkey

Rents in Spencer Dock were higher than anywhere elsewhere on the Luas line and even eclipsed rents in the suburbs of Sandymount and Dalkey

 

Dublin’s Spencer Dock is the most expensive place to rent on either the Luas or the Dart line, according to a new price survey.

Average rent in the area, which is adjacent to Dublin’s financial centre and across the river from the city’s tech hub, was just over €1,800 a month.

This was higher than anywhere elsewhere on the Luas line and even eclipsed rents in the upmarket suburbs of Sandymount and Dalkey.

Luas and Dart line rent levels

Click or hover on a Luas/Dart station to see average monthly rent for two-bed apartments. Use the layer selector window to get a different view of rent levels.

Following on from last week’s Dublin Rail house price map, Daft.ie’s rental equivalent highlights the most and least expensive areas by stop on both the Luas and Dart lines. The map is based on asking prices for two-bed apartments and is derived from a survey of 23,500 properties.

Of the 85 stations featured, only Fettercairn (€997), Citywest Campus (€971) and Cheeverstown (€869) fell below the €1,000 mark for average monthly rents. Average rents on the Luas Green line were €1,444, while those on the Dart and Luas Red lines were €1,418 and €1,271.

Properties close to Charlemont (€1,642) and Milltown (€1,624) recorded the highest rents on the Green line, while those in the city centre paid the most on the Red line with Spencer Dock (€1,800 ) and Tara Street (€1,648) topping the list.

Dart economics

Sydney Parade

Daft.ie economist Ronan Lyons said: “These maps showing average rent by rail station reveal interesting patterns, for example how much more people pay in rent for a two-bedroom when living close to the city centre or the coast. . . Many people will not be familiar with all parts of Dublin, particularly those moving to Dublin from elsewhere . . . This map – and updates to include for example the Luas Cross-City when it opens and core Dublin Bus services – will help all those looking for a home.”