Dubliners who live closer to Dart stations or Luas stops are paying a staggering 12% more on rent, according to a report by Daft.ie.
This means that renters living close to Dublin's light rail network are now paying a premium of €3,336 per year compared to the average rent for Dublin.
The news comes from a report issued by Daft.ie which analysed the average rental prices across the capital.
The report also revealed that Sandymount Dart station is the most expensive public transport station to live beside, with renters paying an average of €2,905.
On the Luas, homes close to Spencer Dock on the red line command the highest average rents (€2,858), while those living near O'Connell St (€2,678) pay most on the Luas green line.
The three most and least expensive Luas stops to live by are all on the Luas Red Line, with Spencer Dock averaging €2,858. which is nearly double the least expensive Luas stop, Cheeverstown (€2,547) .
See the list of the most expensive stations and lines to live beside below:
Most expensive (All Stops & Stations)
- Sandymount - €2,905
- Spencer Dock - €2,858
- Lansdowne Road - €2,850
- Dalkey - €2,810
- Grand Canal Dock - €2,743
Most expensive areas (LUAS Green Line)
- O'Connell St - €2,678
- Parnell - €2,678
- Charlemont - €2,672
- St. Stephen's Green - €2,591
- Dawson St - €2,591
Most expensive (LUAS Red Line)
- Spencer Dock - €2,858
- Mayor Sq - NCI - €2,737
- George's Dock - €2,697
- Jervis - €2,678
- The Point - €2,609
Most expensive (DART)
- Sandymount - €2,905
- Lansdowne Road - €2,850
- Dalkey - €2,810
- Grand Canal Dock - €2,743
- Sydney Parade - €2,695
Commenting on the data, Raychel O'Connell from Daft.ie said: "Commuters continue to pay a high premium for the convenience of the Luas and Dart. This is why we included the MetroLink proposed route in our rental map for the first time.
"As this report shows there is high demand for access to reliable light rail transportation so we expect rental prices along the Metro to increase once the plan is finalised."
Over 1,000 property searches are carried out on Daft.ie every minute.
