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Cost rental rents in Ireland: what a 1, 2 and 3-bed actually costs

The rule says at least 25% below market. In euro that means a 1-bed from €990 in Limerick to €1,395 in Kilternan, and a Dublin 2-bed mostly between €1,500 and €1,600. Here are the numbers from schemes advertised this year, what they need in income, and how they compare with the RTB market figures.

Published 2026-09-08. Rents are the figures the providers advertised; check the live list for what is open today.

The rents, scheme by scheme

These are the monthly rents advertised for cost rental homes that were open or announced in 2026. Where the provider published its own market valuation for the same home, it is in the last column so you can see the discount they claim. Most Dublin schemes state a discount of 26% to 33%; the regional ones sit closer to the 25% minimum.

SchemeWhere1-bed2-bed3-bedProvider’s market rent
The Mills, CastletroyLDALimerick€990··not stated
Cornamaddy Court, AthloneTuathWestmeath€1,010€1,200·€1,350 / €1,600
Barnwell Point, HansfieldLDADublin 15studio €1,050··not stated
Kilcarbery Grange, ClondalkinTuathDublin 22€1,054€1,296·not stated
Ballycomyn, BlessingtonTuathWicklow€1,088€1,495€1,675€1,450 / €2,200 / €2,500
The PaddocksClúidKildare·€1,093·not stated
Folkstown Park, BalbrigganTuathDublin€1,100€1,400€1,575 to €1,695€1,600 / €2,100 / €2,300
HearthfieldTuathLouth·€1,122€1,407€1,675 / €2,100
Balmoston, DonabateTuathDublin€1,330€1,580€1,750 to €1,800€1,850 / €2,350 / €2,600
Rathborne WharfRespondDublin 15€1,512 (studio €1,350)€1,575 to €1,872·not stated
Grange Oaks, KilternanTuathDublin 18€1,395€1,575·€1,900 / €2,150
Cooper SquareLDADublin·€1,600·not stated
Airton Plaza, TallaghtClúidDublin 24·€1,780·not stated

Two things stand out. First, the range inside Dublin is wide: a 2-bed in Clondalkin at €1,296 against a 2-bed in Tallaght at €1,780. Location and build cost drive it, and newer apartment blocks with lifts and underground parking cost more to run than duplexes on the edge of town. Second, the regional schemes are not dramatically cheaper than Dublin ones. Athlone at €1,200 for a 2-bed and Blessington at €1,495 show that the 25% rule tracks local market rents, which have risen fastest outside Dublin.

Against the market

The RTB Rent Index for the first quarter of 2026 put the standardised average rent for a new tenancy at €1,839 nationally and €2,335 in Dublin. Sitting tenants paid €1,513 on average. New-tenancy rents rose 9.1% in a year, the biggest jump in a long while, partly because the March 2026 reforms let landlords reset to market rent between tenancies.

Put a Dublin cost rental 2-bed at €1,575 to €1,600 next to that €2,335 and the gap is roughly €700 a month, €8,000 a year. That is a fair comparison for someone moving now, because the alternative to a cost rental home is a new private tenancy, not the rent a friend agreed in 2019. Standardised averages hide a lot (size, area, condition), so treat it as scale rather than a precise saving.

The other difference is what happens next. Private rents in a new six-year tenancy can rise 2% a year and reset to market at the end. Cost rental rents rise with the consumer price index, whatever the market does, and the tenancy does not end at six years. Over a decade that matters more than the starting gap.

What each rent needs in income

Cost rental has a second gate besides the €66,000 (Dublin) and €59,000 (elsewhere) net income caps: the rent cannot be more than 35% of your net household income. Turn it around and every rent has a minimum income. Net means after tax, USC, PRSI and pension contributions, added up across everyone over 18 in the household.

Monthly rentNet income needed per monthNet income needed per year
€1,000€2,858€34,296
€1,200€3,429€41,148
€1,400€4,001€48,012
€1,600€4,572€54,864
€1,800€5,143€61,716
€1,872€5,349€64,188

The last row is the point. A €1,872 rent needs €64,183 net a year, and the Dublin cap is €66,000. The most expensive cost rental homes are only open to households in a narrow band just under the ceiling. A single PAYE worker on €45,000 nets about €37,000 in 2026, which supports rent up to €1,080: the Athlone and Clondalkin 1-beds qualify, Blessington misses by €8, Kilternan is out of reach. The eligibility calculator does this arithmetic for your actual payslip, including the 2026 tax bands.

Providers do allow you above 35% if you can show you already pay that much rent reliably, but it is a discretion, not a right, and the LDA in particular uses the 35% figure to stream applicants before the lottery.

The single homes you keep missing

Look at the list of closed schemes on this site and most entries are one home: a 1-bed in Carrigmore Woods, a 2-bed in Parklands Parade, a 3-bed in Farranshock Park. These are re-lets. A tenant leaves, the provider (usually Tuath) advertises the single home for about seven days, runs the lottery, and it is gone. They appear every week somewhere in the country and they never make the news.

Re-lets are also where the odds are best if you can move fast. A brand-new 200-home scheme draws thousands of applications; a single re-let in a suburb draws a fraction of that. If a re-let matches your household size and county, apply the day it appears. Alerts exist for exactly this.

What is not in the rent

Electricity, heating, broadband and TV licence are yours. Homes are unfurnished apart from white goods, blinds and flooring, so budget for furniture before the move-in date, which can be two to four weeks after the offer. The deposit is one month of rent minus €50. There are no letting fees.

Rents are those advertised by the LDA, Tuath, Clúid and Respond for the schemes named. Market figures: RTB Rent Index Q1 2026. Eligibility rules: Affordable Housing Act 2021 and citizensinformation.ie, checked 2026-09-07.

Questions people ask

Is the rent negotiable?

No. The rent is set by the provider from the cost of building and running the scheme and is the same for everyone in that home type. What varies is whether your income lets you apply for it.

Does the rent go down if my income drops?

No. Cost rental rent is not income-linked. It rises with inflation only. If your income falls you keep the tenancy and the rent stays as set. If it rises above the €66,000 or €59,000 limit later, you also keep the tenancy.

Is parking or a management charge included?

Building management charges are included in the rent. Parking varies: some schemes include a space, some charge separately, and several Dublin apartment schemes have limited or no parking. The individual advertisement says which.

What deposit do I pay?

One month of rent minus €50, paid when you accept the offer. Homes come unfurnished but usually with white goods, flooring and blinds.

Do cost rental rents rise every year?

They can be reviewed at most once every 12 months and the increase follows the consumer price index (HICP), not market rents. You must get a rent review notice and can dispute it at the RTB within 28 days.