To buy or to rent? Using the Daft.ie House Price and Rental reports, it is possible to calculate the average mortgage payment as well as the average rent, for properties around the country. Current mortgage repayments based off the following parameters: 3.75% variable mortgage, for a term of 30 years, with 85% LTV, while a figure is also given for the case where mortgage rates rise by two percentage points. Average mortgage and rent payments compared, across Ireland, 2018 Q1. OTHER CITIES DUBLIN 1 bed apartment 2 bed house 3 bed house 4 bed house 5 bed house Mortgage (4.3%) Mortgage +2% Rent Mortgage (4.3%) Mortgage +2% Rent Mortgage (4.3%) Mortgage +2% Rent Mortgage (4.3%) Mortgage +2% Rent Mortgage (4.3%) Mortgage +2% Rent Dublin 1 €844 €1,064 €1,529 €1,252 €1,577 €1,856 €1,672 €2,107 €2,303 €2,327 €2,932 €2,813 €2,932 €3,695 €3,334 Dublin 2 €1,253 €1,578 €1,784 €1,732 €2,183 €2,119 €2,266 €2,855 €2,508 €3,189 €4,019 €2,942 €3,716 €4,682 €3,386 Dublin 3 €948 €1,194 €1,484 €1,334 €1,681 €1,758 €1,837 €2,315 €2,051 €2,735 €3,446 €2,343 €3,373 €4,251 €2,432 Dublin 4 €1,268 €1,597 €1,875 €1,804 €2,274 €2,145 €2,663 €3,356 €2,469 €4,226 €5,325 €2,751 €5,276 €6,649 €3,042 Dublin 5 €736 €928 €1,342 €998 €1,258 €1,554 €1,450 €1,827 €1,832 €2,280 €2,874 €2,014 €2,666 €3,359 €2,105 Dublin 6 €1,294 €1,630 €1,665 €1,754 €2,211 €1,928 €2,548 €3,211 €2,273 €4,008 €5,050 €2,498 €4,684 €5,903 €2,611 Dublin 6W €1,025 €1,292 €1,478 €1,390 €1,752 €1,712 €2,019 €2,545 €2,018 €3,176 €4,002 €2,218 €3,712 €4,677 €2,319 Dublin 7 €831 €1,047 €1,470 €1,126 €1,419 €1,702 €1,636 €2,061 €2,007 €2,573 €3,242 €2,206 €3,007 €3,789 €2,306 Dublin 8 €850 €1,071 €1,539 €1,152 €1,452 €1,782 €1,674 €2,110 €2,101 €2,633 €3,317 €2,309 €3,077 €3,878 €2,413 Dublin 9 €770 €970 €1,377 €1,044 €1,316 €1,595 €1,517 €1,911 €1,880 €2,385 €3,006 €2,067 €2,788 €3,514 €2,160 Dublin 10 €518 €653 €1,259 €702 €885 €1,458 €1,020 €1,286 €1,719 €1,605 €2,022 €1,889 €1,876 €2,363 €1,975 Dublin 11 €593 €747 €1,258 €804 €1,013 €1,456 €1,168 €1,472 €1,717 €1,837 €2,315 €1,887 €2,147 €2,705 €1,972 Dublin 12 €676 €852 €1,352 €916 €1,155 €1,565 €1,331 €1,677 €1,846 €2,093 €2,638 €2,029 €2,447 €3,083 €2,120 Dublin 13 €768 €968 €1,360 €1,041 €1,312 €1,574 €1,513 €1,906 €1,856 €2,379 €2,997 €2,040 €2,780 €3,504 €2,132 Dublin 14 €976 €1,230 €1,483 €1,324 €1,668 €1,717 €1,923 €2,423 €2,025 €3,023 €3,810 €2,226 €3,534 €4,453 €2,326 Dublin 15 €608 €766 €1,237 €825 €1,039 €1,433 €1,198 €1,510 €1,689 €1,884 €2,374 €1,856 €2,202 €2,775 €1,941 Dublin 16 €843 €1,063 €1,326 €1,144 €1,441 €1,535 €1,661 €2,094 €1,810 €2,613 €3,292 €1,989 €3,054 €3,848 €2,080 Dublin 17 €556 €701 €1,291 €754 €950 €1,495 €1,095 €1,380 €1,763 €1,722 €2,170 €1,937 €2,013 €2,537 €2,025 Dublin 18 €928 €1,169 €1,480 €1,258 €1,585 €1,714 €1,828 €2,303 €2,021 €2,874 €3,621 €2,221 €3,359 €4,233 €2,322 Dublin 20 €685 €863 €1,339 €929 €1,171 €1,550 €1,349 €1,700 €1,828 €2,122 €2,674 €2,009 €2,480 €3,126 €2,100 Dublin 22 €502 €633 €1,204 €681 €858 €1,394 €989 €1,247 €1,644 €1,556 €1,961 €1,806 €1,819 €2,292 €1,888 Dublin 24 €538 €678 €1,255 €729 €919 €1,453 €1,059 €1,335 €1,714 €1,666 €2,099 €1,883 €1,947 €2,454 €1,969 North Co Dublin €608 €766 €1,158 €824 €1,039 €1,341 €1,197 €1,509 €1,581 €1,883 €2,373 €1,738 €2,201 €2,774 €1,816 South Co Dublin €1,110 €1,398 €1,541 €1,504 €1,896 €1,784 €2,185 €2,754 €2,104 €3,437 €4,331 €2,312 €4,017 €5,062 €2,417 West Dublin €586 €739 €1,190 €795 €1,002 €1,378 €1,155 €1,455 €1,625 €1,816 €2,289 €1,786 €2,123 €2,675 €1,867 Cork City €439 €554 €913 €585 €738 €1,044 €899 €1,133 €1,231 €1,454 €1,832 €1,353 €1,810 €2,280 €1,415 Galway City €426 €536 €834 €567 €715 €954 €872 €1,098 €1,125 €1,409 €1,776 €1,236 €1,754 €2,210 €1,292 Limerick City €314 €396 €769 €419 €528 €879 €644 €811 €1,037 €1,041 €1,311 €1,139 €1,295 €1,632 €1,191 Waterford City €276 €348 €644 €368 €464 €737 €565 €713 €869 €914 €1,152 €955 €1,138 €1,434 €998 13 | The Daft.ie Rental Price Report – 2018 Q1 The Daft.ie Rental Price Report – 2018 Q1 | 14 To buy or to rent? Using the Daft.ie House Price and Rental reports, it is possible to calculate the average mortgage payment as well as the average rent, for properties around the country. Current mortgage repayments based off the following parameters: 3.75% variable mortgage, for a term of 30 years, with 85% LTV, while a figure is also given for the case where mortgage rates rise by two percentage points. Average mortgage and rent payments compared, across Ireland, 2018 Q1. ULSTER CONNACHT MUNSTER LEINSTER 1 bed apartment 2 bed house 3 bed house 4 bed house 5 bed house Mortgage (4.3%) Mortgage +2% Rent Mortgage (4.3%) Mortgage +2% Rent Mortgage (4.3%) Mortgage +2% Rent Mortgage (4.3%) Mortgage +2% Rent Mortgage (4.3%) Mortgage +2% Rent Meath €382 €481 €867 €504 €635 €1,003 €709 €893 €1,183 €1,339 €1,687 €1,300 €1,434 €1,806 €1,358 Kildare €412 €519 €903 €545 €686 €1,045 €766 €965 €1,232 €1,447 €1,823 €1,354 €1,549 €1,951 €1,415 Wicklow €514 €648 €953 €680 €857 €1,103 €955 €1,204 €1,300 €1,805 €2,275 €1,429 €1,932 €2,435 €1,494 Louth €342 €431 €809 €452 €570 €936 €636 €801 €1,103 €1,201 €1,514 €1,212 €1,286 €1,621 €1,267 Longford €185 €233 €460 €244 €308 €533 €343 €432 €628 €648 €817 €690 €694 €875 €722 Offaly €266 €335 €582 €351 €443 €673 €494 €622 €794 €933 €1,175 €873 €999 €1,258 €912 Westmeath €287 €362 €615 €379 €478 €712 €533 €672 €839 €1,008 €1,270 €922 €1,079 €1,359 €964 Laois €258 €325 €613 €341 €430 €709 €479 €604 €836 €905 €1,141 €919 €969 €1,221 €960 Carlow €265 €334 €597 €350 €441 €691 €492 €620 €815 €929 €1,171 €895 €995 €1,253 €936 Kilkenny €315 €397 €622 €416 €525 €719 €585 €737 €848 €1,105 €1,393 €932 €1,183 €1,491 €974 Wexford €283 €356 €560 €374 €471 €647 €525 €662 €763 €992 €1,251 €839 €1,062 €1,339 €877 Waterford Co €318 €400 €551 €373 €471 €642 €550 €693 €757 €1,084 €1,366 €832 €1,088 €1,372 €870 Kerry €276 €347 €522 €324 €409 €608 €477 €602 €717 €941 €1,186 €788 €945 €1,191 €824 Cork Co €329 €414 €621 €387 €487 €724 €569 €718 €854 €1,122 €1,414 €938 €1,127 €1,420 €981 Clare €265 €334 €523 €312 €393 €610 €460 €579 €720 €906 €1,142 €791 €910 €1,147 €827 Limerick Co €251 €316 €523 €295 €371 €610 €434 €547 €719 €855 €1,078 €791 €859 €1,082 €826 Tipperary €253 €318 €518 €297 €374 €604 €437 €551 €713 €862 €1,087 €783 €866 €1,091 €819 Galway Co €239 €301 €556 €311 €392 €636 €452 €570 €750 €863 €1,087 €824 €933 €1,176 €861 Mayo €201 €254 €471 €262 €330 €540 €380 €479 €636 €726 €915 €699 €785 €989 €731 Roscommon €172 €217 €444 €224 €282 €509 €325 €409 €600 €619 €781 €659 €670 €844 €689 Sligo €198 €249 €501 €258 €325 €573 €374 €471 €676 €714 €899 €743 €772 €973 €777 Leitrim €170 €214 €411 €221 €278 €471 €321 €404 €555 €611 €770 €610 €661 €833 €638 Donegal €183 €231 €428 €239 €301 €489 €347 €437 €577 €661 €834 €634 €716 €902 €663 Cavan €190 €240 €480 €248 €312 €550 €359 €453 €648 €686 €864 €712 €742 €935 €745 Monaghan €223 €281 €526 €290 €365 €602 €421 €530 €710 €803 €1,012 €780 €869 €1,094 €815 15 | The Daft.ie Rental Price Report – 2018 Q1 The Daft.ie Rental Price Report – 2018 Q1 | 16