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Now Cheaper To Live In Dublin City Hotel Than Rent Studio Flat

Emma Tyrrell
Emma Tyrrell

08:43 2 Oct 2020


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Living full time in a Dublin city centre hotel now costs less than renting an average studio flat.

The Irish Independent reports a months stay in somewhere like the 4-star Hilton on Custom House Quay is now costing around €1,640.

While a one-bed studio apartment in Dublin 1 is being advertised for €1,750 a month.

The latest figures from the Residential Tenancies Board show the average rent in Dublin is €1,709.

It follows a survey released this week from Savills Ireland that found hotels in the capital have reduced their prices by as much as 40 per cent compared to the same time last year as they struggle during the pandemic.

5-star accommodation saw the biggest fall in average daily rates, while 4-stars were down by around 35 per cent.

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