Cost Rental is a new housing tenure that was created under the Affordable Housing Act 2021. It offers a long-term, secure rental option that will contribute to the development of a sustainable housing market in Ireland, providing more choice for renters.
The 195 homes include 19 studio apartments, 40-one beds, 107 two-beds and 29-three beds.
The monthly rent for a studio apartment is €1,175 and the rent for a one-bed is €1,250. The 2-bed apartments are being made available for €1,575 a month and the 3-beds for €1,775.
Applicants for these cost rental homes must have a net household income of below €66,000. They must also be able to afford the advertised rent, which should not account for more than 35% of their monthly net income.
Click here to find out more about cost rental eligibility criteria.