Gross rental yields in Ireland: Dublin and Cork
The average gross rental yield in Ireland stands at 7.76% (Q4, 2024). Previously, in Q3 2024 the rental yield was 8.10%.
Cities compared
- Dublin
- Cork
Historical rental yields in Ireland
View the full rental yield dataset (2022 - Present)
| Last Updated: Dec. 09, 2024 Next Update: June 2025 |
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| DUBLIN - All Dwelling Types | COST (€) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Dublin (all locations) | |||
| 1-Bedroom | €285,000 | €1,675 | 7.05% |
| 2-Bedroom | €375,000 | €2,482 | 7.94% |
| 3-Bedroom | €495,000 | €2,880 | 6.98% |
| 4+Bedroom | €895,000 | €3,998 | 5.36% |
| Dublin avg. rental yields | 6.83% | ||
| CORK - All Dwelling Types | COST (€) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Cork (all locations) | |||
| 1-Bedroom | €220,000 | €1,650 | 9.00% |
| 2-Bedroom | €260,000 | €2,045 | 9.44% |
| 3-Bedroom | €350,000 | €2,600 | 8.91% |
| 4+Bedroom | €560,000 | €3,450 | 7.39% |
| Cork avg. rental yields | 8.69% | ||
| All yields are gross - i.e., before taxes, repair costs, ground rents, estate agents fees, and any other costs. Net yields (what you'll really earn) are typically around 1.5% to 2% lower. Source: Global Property Guide and Daft |
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Research Methodology:
Our rental yield analysis is conducted biannually to ensure up-to-date insights. We assess 1-bedroom, 2-bedroom, 3-bedroom across the largest cities in Ireland, comparing median rental prices with median purchase prices to determine gross rental yields.
We source data from a leading local property platform, capturing both asking rents and list prices to reflect current market conditions. The gross rental yield is calculated using the following formula:
(Median Monthly Rent × 12) ÷ Median Purchase Price × 100
For example, if the median monthly rent is €500 and the median purchase price is €100,000, the yield is calculated as:
(€500 × 12) ÷ €100,000 = 6% Gross Rental Yield
Note: NET yields vary from country to country, but are usually 1.5-2% lower.