The average gross rental yield in Ireland stands at 8.38% (Q3, 2023).

		Last Updated: Aug. 18, 2023
DUBLIN - Apartments	COST (€)		YIELD (p.a.)
	TO BUY	MONTHLY RENT
Dublin (all locations)
1-Bedroom	€275,000	€1,563	6.82%
2-Bedroom	€355,000	€2,556	8.64%
3-Bedroom	€474,975	€3,484	8.80%
4+Bedroom	€895,000	€4,875	6.54%
Dublin avg. rental yields			7.70%
CORK - Apartments	COST (€)		YIELD (p.a.)
	TO BUY	MONTHLY RENT
Cork (all locations)
1-Bedroom	€185,000	€1,223	7.93%
2-Bedroom	€245,000	€1,950	9.55%
3-Bedroom	€312,500	€2,477	9.51%
4+Bedroom	€482,500	€3,725	9.26%
Cork avg. rental yields			9.06%
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

Research Methodology: To conduct this research, we searched for studio, 1-bedroom, 2-bedroom, 3-bedroom, and 4-bedroom apartments in the largest cities of Ireland. We utilized the Daft website for both buying and renting prices to determine the average gross rental yields (Monthly Rent x 12 / Purchase Price).

For instance, if the monthly rent is €500 and the purchase price is €100,000, the calculation would be: €500 (Monthly Rent) x 12 / €100,000 (Purchase Price) = 6% (Gross Rental Yield).