Munster · Updated March 2026

Property Guide:
Limerick

One of Ireland's best-value cities. Strong rental yields relative to purchase price, a growing tech presence around the University of Limerick corridor, and median prices well below the national average.

€270,000
Median House Price
30% below national median
+8.5%
Year-on-Year Growth
National: +7.0%
€345,000
LAHL Price Limit
From April 2026
€1,600
Avg Monthly Rent
Yield: 7.1%

Buying a Median-Priced Home in Limerick

Median property price€270,000
Deposit required (10%)€27,000
Mortgage needed (90%)€243,000
Income needed (3.5x rule)€69,429
Monthly repayment (3.5%, 30yr)€1,091/mo
Stamp duty (1%)€2,700
Local Property Tax (est.)€278/yr
Average BER ratingD2

Market Highlights — Limerick 2026

Key Towns & Areas

Limerick CityCastletroyRaheenAdareNewcastle WestKilmallock

Useful Calculators for Limerick Buyers

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Buying, selling, or upgrading? A BER certificate is required by law. We've been assessing homes since 2009.

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About the Property Market in Limerick

The median house price in Limerick is €270,000, which is 30% below national median. Prices have grown by 8.5% over the past year, outpacing the national average of 7.0%.

Under the Local Authority Home Loan scheme (updated April 2026), the maximum property price in Limerick is €345,000. Single applicants can earn up to €80,000 and joint applicants up to €85,000. This government-backed mortgage offers fixed rates from 3.35% for the full term — significantly below most commercial rates.

The average BER rating for homes in Limerick is D2, meaning most Limerick homes have real room for energy improvement. Homes with a BER of B2 or better typically sell faster and for 10-15% more. SEAI grants of up to €25,000+ are available for insulation, heat pumps, solar panels, and windows. Check your grant eligibility.

For landlords, the March 2026 rental law changes apply to all new tenancies in Limerick. Average rents are €1,600/month, giving a gross rental yield of 7.1%. Read our landlord compliance guide.

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