Dublin is the sixth most expensive capital city in the world to rent a one-bed flat.
At an average rent of €1,397 a month, only Monaco, London, Washington DC, Hong Kong and Singapore are more expensive.
That's according to a ranking published by the property insurance firm CIA Landlord.
London is the only city in Europe more expensive.
Terrifying prospect. House prices to rise by 30% in next 8 years, rents to rise by 50%! Forecasts done for Dublin City Council development plan by KPMG. Quelle surprise, planned Build To Rent not projected to dampen prices or rents.We need supply of real affordable & social homes pic.twitter.com/8VhlQe4YVT
— Rory Hearne (@RoryHearne) December 1, 2021
Dublin is the third most expensive city in Europe ahead of Luxembourg, Amsterdam, Stockholm and Copenhagen.
The cheapest European capital was Sarajevo where average monthly rent was €262.76 requiring a net salary of €625.24.
According to property website Daft.ie, rents nationally are now rising at an annual rate of 6.8 per cent.
