Dublin

In Dublin, the housing market in 2025 remains highly pressured by strong demand and limited supply. Around 45% of people in Dublin City rent their homes, with home ownership at approximately 55%. Average monthly rent for an apartment in Dublin is about €2,540, and one-bedroom apartments typically rent for around €2,000 per month; this places average rental prices between €35 and €50 per sqm depending on location and apartment size. The median price to buy an apartment in Dublin is roughly €365,000, translating to an average purchase price between €6,000 and €8,000 per sqm for apartments in central areas.

Publicly owned housing (local authority housing) makes up a small share of the Dublin market; social and public housing in Ireland are closely linked, both referring to housing provided or funded by the state for those on lower incomes or with particular needs. Social housing includes local authority properties, homes managed by Approved Housing Bodies, and units supported by rent subsidy schemes. However, publicly built housing forms only a minority, with private market solutions and state-subsidized tenancies now playing a much larger role overall. Social/public housing provision in Dublin covers less than 10% of the total housing stock, leaving many reliant on the private rental sector. Public and social housing are not always synonymous, as social housing also includes subsidized arrangements in privately owned dwellings.

Dublin’s housing crisis is at its most severe level in decades, rooted in a deepening mismatch between surging demand and chronically insufficient supply. Average monthly rents have surged to over €2,400, with one-bedroom apartments commonly fetching €1,800–€2,500, and family-sized units often exceeding €3,000 per month in desirable areas. Rents in Dublin have risen nearly 6% year-on-year, with even sharper increases in cities outside the capital. The median apartment purchase price stands at roughly €365,000, reflecting a market where homeownership is increasingly out of reach for many.

The crisis affects a broad cross-section of Dublin’s population. Renters, who make up nearly half the city’s residents, face intense competition, precarious tenancies, and soaring costs. First-time buyers struggle with high prices and mortgage barriers. Low- and middle-income households are particularly hard-hit, often spending a disproportionate share of income on housing. Students, young professionals, and families report being priced out of central areas, while vulnerable groups face heightened risk of homelessness.

Supply constraints are stark: new home completions are projected to fall far short of the 52,000 units annually needed to meet demand. With less than 10% of housing stock in social or publicly owned dwellings, most are forced to rely on the expensive and volatile private rental market. The result is an affordability crisis among the worst in Europe, with surveys indicating one-fifth of Dubliners are struggling to cover housing costs and a significant share considering emigration due to the strain. The crisis shows little sign of abating, with construction forecasts and policy responses lagging far behind the scale of the problem.

Dublin’s city administration is responding to intense demand and insufficient supply in the housing sector by prioritizing affordable and sustainable development through several major strategies and revised targets. The newly adopted Section 28 Guidelines set an ambitious target of planning for approximately 50,000 additional homes annually in Ireland to 2040, with Dublin assigned a substantial share. Dublin City Council aims to deliver around 2,000 new social and affordable homes in 2025, mostly on council-owned land, supplemented by projects with Approved Housing Bodies.

Key concrete initiatives include the introduction of Urban Development Zones (UDZs), designed to fast-track housing delivery on strategic sites by front-loading infrastructure, masterplanning, and invoking compulsory purchase powers if required. This model draws on lessons from the successful transformation of Dublin’s Docklands and Cherrywood. The government is also expanding rent control measures citywide and reforming tenancy protections to curb no-fault evictions and encourage investment in new rental properties, with rent-setting for new apartments tied to inflation.

Other notable efforts involve dedicated affordable housing schemes for seniors and vulnerable groups, such as the Regional Street Apartments, which provide both housing and onsite support services. Sustainability is addressed by prioritizing transit-oriented sites, green amenities, and energy-efficient designs. The overall approach combines planning reform, increased housing targets, specialized programs, and regulatory changes to address affordability and sustainability challenges in Dublin’s housing sector.

Housing cooperatives in Dublin currently represent a small but growing share of the city’s overall housing stock, estimated at well below 2 percent. The main actor is Co-operative Housing Ireland, which manages approximately 5,500 homes nationally, with a significant concentration in Dublin. The cooperative housing model focuses on providing sustainable and affordable homes, often with mixed-tenure developments and strong resident participation in management and governance.

Since 2011, the cooperative sector in Dublin has expanded by about 50 percent through new construction, acquiring unfinished developments, and managing affordable units, often in partnership with Dublin City Council. Projects such as those in Cherry Orchard and Drumcondra illustrate ongoing efforts to integrate cooperatives within broader social and affordable housing targets. Policy initiatives that support cooperative housing include the release of public land, technical assistance, planning reforms, and financial instruments under national strategies like “Housing for All.” However, growth is constrained by land and funding shortages, as well as regulatory barriers.

While cooperative housing is receiving increasing policy attention as an affordable, community-driven alternative, it remains a niche within the wider housing market. Nonetheless, recent city and national efforts — including pilot programs, cost-rental schemes, and legal reforms — signal ambitions to scale up the cooperative sector over the coming years.