Ireland House Prices, Rents & Rental Yields (2026)

How much property costs in Ireland, what it rents for and how that compares with neighbouring markets in Northern Europe. City-centre prices per m² rank 7 of 10 in this comparison; gross yields rank 1 of 10.

Apartment price per m² (city centre)
$5,218
2023
Apartment price per m² (outside centre)
$4,080
2023
Gross rental yield (city centre)
7.4%
2024
Price-to-income ratio
7.5
2024
Rent: 1-bedroom, city centre
$1,860/mo
2023
Mortgage interest rate (20-year fixed)
4.5%
2023

Price and rent trends in Ireland

Apartment price per m²
Monthly rents
Gross rental yield & mortgage rate
Price-to-income & price-to-rent ratios

Latest property market indicators

IndicatorValueYear
Apartment price per m² (city centre)Average asking price per square metre to buy an apartment in city centres$5,2182023
Apartment price per m² (outside centre)Average price per square metre to buy an apartment outside city centres$4,0802023
Price-to-income ratioMedian apartment price divided by median annual disposable family income7.52024
Gross rental yield (city centre)Annual rent as a percentage of purchase price, city-centre apartments7.4%2024
Price-to-rent ratio (city centre)Purchase price divided by annual rent, city-centre apartments13.62024
Rent: 1-bedroom, city centreAverage monthly rent of a one-bedroom apartment in the city centre$1,860/mo2023
Rent: 1-bedroom, outside centreAverage monthly rent of a one-bedroom apartment outside the centre$1,602/mo2023
Rent: 3-bedroom, city centreAverage monthly rent of a three-bedroom apartment in the city centre$3,266/mo2023
Rent: 3-bedroom, outside centreAverage monthly rent of a three-bedroom apartment outside the centre$2,567/mo2023
Mortgage interest rate (20-year fixed)Average yearly mortgage interest rate, 20-year fixed4.5%2023
Home ownership rateShare of owner-occupied dwellings69.4%2024

Year-by-year data

YearApartment price per m² (city centre)Apartment price per m² (outside centre)Price-to-income ratioGross rental yield (city centre)Price-to-rent ratio (city centre)Rent: 1-bedroom, city centreRent: 1-bedroom, outside centreRent: 3-bedroom, city centreRent: 3-bedroom, outside centreMortgage interest rate (20-year fixed)Home ownership rate
2024——7.57.4%13.6—————69.4%
2023$5,218$4,0807.36.8%14.7$1,860/mo$1,602/mo$3,266/mo$2,567/mo4.5%69.4%
2022$6,333$4,1776.56.4%15.7$1,761/mo$1,458/mo$2,948/mo$2,347/mo3.3%70.5%
2021$6,026$3,9137.46.1%16.4$1,806/mo$1,552/mo$3,023/mo$2,372/mo3.2%69.8%
2020$5,446$3,8057.56.6%15.1$1,668/mo$1,362/mo$2,833/mo$2,278/mo3.4%69.6%
2019$5,122$3,7337.95.5%18.1$1,697/mo$1,378/mo$2,872/mo$2,228/mo3.5%68.9%
2018$5,739$3,8387.66.2%16.2$1,605/mo$1,351/mo$2,750/mo$2,248/mo3.9%70.3%
2017$5,141$3,25976.0%16.6$1,469/mo$1,221/mo$2,469/mo$1,926/mo3.8%69.5%

Ireland compared with Northern Europe

City-centre price per m²
Gross rental yield (city centre)
CountryApartment price per m² (city centre)Gross rental yield (city centre)Price-to-income ratioMortgage interest rate (20-year fixed)
Ireland$5,2187.4%7.54.5%
Denmark$6,0304.3%6.84.2%
Estonia$3,7873.5%10.24.1%
Finland$7,4043.1%8.33.5%
Iceland$6,3235.9%5.69.2%
Latvia$2,5614.0%9.44.3%
Lithuania$4,3783.8%11.14.1%
Norway$7,4843.9%7.84.3%
Sweden$6,5473.7%8.14.4%
United Kingdom$7,5934.3%9.95.5%

Related

Prices, rents, yields and mortgage rates: Numbeo (crowd-sourced, national averages of city data). Values in US dollars.