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  • Dublin remains the fifth most expensive city in Europe to rent in
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Apr 14, 2021 - 14:55

Dublin remains the fifth most expensive city in Europe to rent in

MyHome.ie
By MyHome.ie
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Dublin remains the fifth most expensive city in Europe to rent in

Dublin remains the fifth most expensive city in Europe to rent in, according to the latest Accommodation Ranking report by ECA International.

The report found that the average rental cost of a three-bedroom central home in Dublin is now €3,713 per month.

This is far costlier than many major European cities such as Rome at €2,729, Berlin at €2,475 and Valencia at €1,600.

The Irish capital is also more expensive than Paris which ranks sixth on the list at €3,537.

Rent in the Irish capital has increased by 2.2% since last year when the average charge was €3,406 per month.

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It is a slower rate of increase than experienced between 2019 and 2020 which saw a 6% jump.

Dublin entered the top five most expensive locations in Europe for expat rental accommodation in 2019 and has remained in fifth place ever since.

London maintains its position as the most expensive city in Europe to rent for the fifth year in a row, and fourth in the world.

The average cost of a three-bedroom, mid-range home in a prime London location is now €6,175 (£5,364) per month.

Alsoo ahead of Dublin on the list are Zurich in second place, Geneva in third place and Moscow in fourth place.

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