LimerickBougie Zone

RaheenRent Prices 2026

V94Pharma-RichHospital HubCommuter KingCul-de-sac Life
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Our Verdict

"Bougie"

With a median average rent of €25.5/m², Raheen has officially entered BOUGIE territory for Limerick. You aren't paying for historical charm or nightlife; you’re paying a premium to avoid the soul-crushing commute from the other side of the city. Given the proximity to high-paying giants like Analog Devices and Regeneron, the price point is high but reflects the reality of a neighborhood where demand will always outstrip supply.

The Vibe:Raheen is a functional sprawl of 1970s semi-detached estates and newer developments pinned between the massive Industrial Estate and University Hospital Limerick. The crowd is a mix of medical staff in scrubs and pharma engineers, meaning the streets are quiet during the day and packed with parked cars by 6 PM. Life here revolves around the gravity of the 304 bus line and the constant flow of traffic toward the N20.

Market Median

25.5
/m²/mo
0.0% Discountvs Limerick avg
LowHigh
2131
Est. Rating4/5
Last ScanFebruary 2026
Signal ConfidenceHigh
Market Speed
Steady
Inventory turnover focus
📈Growth Potential
Balanced
Infrastructure outlook

Quick Estimate

Raheen @ 25.5/m²/mo

1,530

District Highlights

Healthcare
University Hospital Limerick
Grocery
Dunnes Stores Ashbourne
School
St. Nessan’s National School
Park
Mungret Park
Pub
The Unicorn Bar

Locals Ask

Why is the m² stats so high compared to other Limerick suburbs?

The concentration of high-salary multinational employees and hospital staff creates a floor for prices that rarely fluctuates.

Is parking a problem for renters in Raheen?

Yes, estates near the hospital often suffer from 'overspill' parking, making it a headache if your rental doesn't have a private driveway.

What is the investment outlook for property owners here?

Strong and stable; the constant expansion of the industrial estate ensures you will never have a vacant month.

How reliable is public transport into Limerick city?

The 304 bus is frequent, but the Raheen Roundabout remains a bottleneck that can double travel times during peak shifts.

Are there any cheaper pockets within the neighborhood analysis?

Older estates further toward the back of the industrial estate can occasionally dip toward the €21/m² mark, but they are snapped up instantly.