Houses or hostels? People paying up to €500 to share a room with FIVE others in Dublin
Published 29/09/2016 | 17:51
A number of properties with rooms accommodating up to six people are being rented out in Dublin.
With the housing crisis resulting in a lack of available accommodation, some landlords are renting out one and two-bed apartments to up to six people.
For example, an apartment in Cabra was recently advertised on Facebook as a “flat which consists of one large room with space to accommodate 6 persons and their personal effects.”
Due to the distinct lack of storage space, the tenants have to hang their clothes above their beds and live out of their suitcases.
The cost of renting this shared room is €242 per person each month plus a €290 deposit, bills inclusive.
In total, that is €1,452 in rent for just one room.
Another property advertised in Facebook public group “Dublin Apartments to Rent” is a six bed, two room apartment on Mountjoy Square.
It is €266 per month. One room contains four bunk beds and the other room contains two bunk beds.
In total, that is €1,596 in rent.
“Apartment has wifi, central heating, microwave, washing machine, and all the usual conveniences. Parking not available,” the advertisement stated.
This apartment houses six people on Mountjoy Square and is advertised on Trovit.
“6 people total in the apartment, from different nationalities, very good for practice English.”
It costs €300 per month plus bills of €37.
A deposit of €225 is required and the tenant must pay a “proportional rent for the month” of €50.
One of the most expensive apartments seen advertised was a two-bed apartment in the city centre.
It is €310 per month with no security deposit required, but bills aren’t included.
The apartment would be shared with 5 other people, meaning the landlord is earning €1,860 in rent.
Martin Clancy from Daft.ie said that rents rose nationwide by an average of 3.9pc in the second quarter of 2016.
He believes the lack of housing is contributing to room sharing and extortionate prices.
“There were just over 1,400 Dublin homes available to rent on August 1st, down nearly 350 on the same date a year earlier,” he told Independent.ie.
“Inflation in monthly room costs persists, with double-rooms between 6pc and 12pc more expensive than a year ago.”