Cost Rental
What is Cost Rental?
Cost Rental is a new form of long-term, sustainable home rental which is supported by the Department of Housing, Local Government, and Heritage.
Cost Rental is not-for-profit housing where the rent you pay covers the cost of the construction, management, and maintenance of your new home. Cost Rental offers you a long-term, secure tenancy that is more affordable.
At Tuath, we have delivered over 800 cost rental homes to date and we have managed to achieve rents that start at 25% below the average local area rent.
For more information, please email: [email protected] or visit our FAQ below.
Eligibility criteria
To apply for our Cost Rental properties, you need to be able to prove the following:
- Your net household income is below €66,000 per annum for Dublin or less than €59,000 for elsewhere in the country
- You are not in receipt of any social housing supports
- You do not own a property
- Your household size matches the size of the property advertised
- You can afford to pay the rent for the home
- Your household has only entered one application for a specific cost rental property
Terms and conditions for Cost Rental housing in Ireland follow those set out in the Affordable Housing Act, 2021.
Please note that images are for illustrative purposes only and may not be representative of finished homes.
Tuath Cost Rental Homes
Belin Woods, Newbridge, Co. Kildare
Applications now open!
Applications are now open for one three-bedroom apartment in Belin Woods in Newbridge Co. Kildare.
Belin Woods is ideally situated and well-connected, including easy access to the M7, M50 and M9 alongside main Dublin to Cork railway line, connecting to Dublin’s Heuston station. These A-rated homes offer spacious accommodation, high quality fixtures and fittings and ample storage and parking.
Rent is as follows:
- 1 x three-bedroom home – €1,350 per month
Kilmartin Grove
APPLICATIONS NOW CLOSED
Kilmartin Grove is a new and well-connected community just a short distance from Blanchardstown, major road links (M3, M50, M1 and N1), public transportation and a variety of educational and recreational facilities.
These A-rated homes are designed to ensure comfort and sustainability, fitted with heat pump systems, fitted wardrobes, window blinds, white goods (including a washing machine, refrigerator/freezer, cooker).
The next 44 one-bedroom duplexes/triplexes, 57 two-bedroom houses, 8 three-bedroom duplexes and 27 three-bedroom houses are expected to be delivered in three phases between April and August of this year. Upon completion, Tuath will manage 250 Cost Rental homes at Kilmartin Grove.
Rents are as follows:
- one-bedroom duplex/triplex – €1,226 per month
- two-bedroom house – €1,390 per month
- three-bedroom duplex – €1,570 per month
- three-bedroom house – €1,620 per month
Claí Mór, Old Monivea Road, Galway City
APPLICATIONS NOW CLOSED
Claí Mór is a new 28 new Cost Rental home development on the Old Monivea Road, Ballybrit, Galway City.
These duplex apartments offer high-quality living at exceptional value. Each home is designed to a high specification, achieving a BER A rating and ensuring comfort and sustainability.
Claí Mór is ideally located 7km from Galway City Centre, close to excellent transport links and a variety of shops, restaurants, amenities and services including Galway Clinic, University Hospital Galway, Bon Secours Hospital and Merlin Park. Nearby employers include Boston Scientific, Medtronic, Integer, Merit Medical, Electronic Arts Ltd. (EA), and SAP Ireland Limited. With rents for Claí Mór set at 33% below average local market rates, Cost Rental offers a long-term, secure tenancy that is more affordable.
- one-bedroom duplex – €1,100 per month
- two-bedroom duplex – €1,400 per month
- three-bedroom duplex/house – €1,600 per month
De Verdon Place, Malahide Road, Dublin 17
APPLICATIONS NOW CLOSED
De Verdon Place on the Malahide Road, Dublin 17 and marking Dublin City’s Cost Rental home delivery, offers rents 35% below the local area average. This dynamic, multi-unit development features 77 A-Rated one-bedroom and two-bedroom apartments, offering excellent transport links, nearby shopping centres like Malahide Road Retail Park and Clarehall Shopping Centre, and various recreational facilities.
Additionally, it is close to the beautiful coastal town of Malahide, known for its picturesque Castle and Gardens.
The development contains:
23 x one-bedroom Cost Rental apartments – €1,395 per month
- 54 x two-bedroom Cost Rental apartments – €1,695 per month
Mountneil
APPLICATIONS NOW CLOSED
Mountneil is located in Waterford City, featuring ‘A’ rated, energy efficient new homes with high quality design and excellent finishes throughout. The development is ideally situated in Carrickpherish near a variety of services and amenities, including the South East Technological University Waterford, the popular Waterford Greenway, and the WIT Arena, offering state-of-the-art fitness and sporting facilities.
Upon completion, the development will consist of two x 2-bedroom and 47 x 3-bedroom houses. It represents the first ever delivery of Cost Rental housing by an Approved Housing Body in Co. Waterford.
Rents for these homes are an impressive 28% below the local market average for similar properties.
- two-bedroom house – €950 per month
- three-bedroom house – €1,195 per month
Folkstown Park
APPLICATIONS NOW CLOSED
Folkstown Park, Balbriggan, Co. Dublin is a mixed tenure development which will have 229 homes upon completion.
These brand-new A-rated houses are only a 5-minute drive from the beautiful seaside town of Balbriggan.
Tuath will deliver 50 cost rental homes in this development and will offer:
- 7 x one-bedroom maisonettes/triplexes – €1,150 per month
- 22 x two-bedroom houses – €1,272 per month
- 21 x three-bedroom houses – €1,570 per month
Kilcarbery Grange
APPLICATIONS NOW CLOSED
Kilcarbery Grange is a large-scale development that will consist of over 1,000 homes overlooking Corkagh Park.
Located adjacent Clondalkin and Lucan Villages, this new community includes a new civic square, a community building, a creche, local retail space and an abundance of green space. Upon completion, Tuath will manage 148 cost rental homes in this development.
Foxwood Barn
APPLICATIONS NOW CLOSED
Foxwood Barn is a brand new development that provides modern, stylish living in Citywest, with easy access to a wide range of amenities, including shopping, dining, sports facilities, and parks. Its convenient transport links and welcoming, well-established community make it an ideal environment for families, professionals, and retirees alike.
This development currently offers:
- 16 x one-bedroom apartments – €1,395 per month
- 12 x three-bedroom duplexes – €1,745 per month
Frequently Asked Questions
For more information on cost rental, please visit our frequently asked questions page.
This new housing tenure offers a long-term, secure rental option that will contribute to the development of a healthy housing market in Ireland. The rent is based on the cost of building, managing and maintaining the homes which means it is an affordable housing option.
Find out MoreWhat is Cost Rental?
This new housing tenure offers a long-term, secure rental option that will contribute to the development of a healthy housing market in Ireland. The rent is based on the cost of building, managing and maintaining the homes which means it is an affordable housing option.
How much is the rent?
All Cost Rental rents are set at a minimum level of 25% below the market rents in the area where the scheme is located.