It’s no surprise that if you want to live in Dublin’s Spencer Dock, you need to be prepared to pay a pretty penny.
A recent survey conducted by Daft.ie revealed the most expensive areas in Dublin to rent in, according to a survey along the city’s rail lines.
The survey showed that renters on the green luas line can expect to pay an average of 14 per cent more than those on the red luas line, with the average rent on the green line sitting at €1,444 per month.
The most expensive area on the line which runs south from Stephen’s Green, is Charlemont on the Grand Canal, with nearby Spencer’s Dock averaging at €1,800.
Meanwhile, the five locations with the lowest rents were all situated on the luas red line, with Cheeverstown (€869) and Citywest Campus (€971) offering the best value.
Commenting on the report, economist Ronan Lyons said: “These maps showing average rent by rail station reveal interesting patterns, for example how much more people pay in rent for a two-bedroom when living close to the city centre or the coast.”
