Property Prices in Galway, Ireland

Index Info
Price to Income Ratio: 8.94
Mortgage as Percentage of Income: 69.63%
Loan Affordability Index: 1.44
Price to Rent Ratio - City Centre: 11.09
Price to Rent Ratio - Outside of Centre: 11.26
Gross Rental Yield (City Centre): 9.02%
Gross Rental Yield (Outside of Centre): 8.88%
Rent Per Month
Edit Range
1 Bedroom Apartment in City Centre 1,833.33 € 1,200.00-2,500.00
1 Bedroom Apartment Outside of City Centre 1,588.89 € 1,300.00-1,900.00
3 Bedroom Apartment in City Centre 2,980.00 € 2,300.00-3,500.00
3 Bedroom Apartment Outside of City Centre 2,310.11 € 1,990.95-2,800.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 394.06 € 290.32-464.51
Price per Square Feet to Buy Apartment Outside of Centre 331.35 € 241.55-418.06
Salaries And Financing
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Average Monthly Net Salary (After Tax) 2,183.33 €
Annual Mortgage Interest Rate (20-Year Fixed, in %) 4.80 3.90-4.80

These data are based on 79 entries from 17 contributors over the past 18 months.
Last update: 23 November 2025

Sources and References
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