What fees do letting agents charge?

Letting agents typically charge between 6% and 10% of either the monthly or annual rent for their services, though VAT is often not included in the quoted price—so it’s important to clarify this upfront. Some agents may also charge a fixed fee instead of a percentage. In many cases, it’s standard for letting agents to take the first month’s rent as their letting fee.

As mentioned, the general fee range is 6% to 10%, but for comprehensive property management services, the cost usually falls between 6% and 12% of the rent.

In Dublin, the three most common fees charged by letting agents are:

1. Letting Fee – Covers the process of sourcing and securing tenants for your property.
2. Management Fee – Applies if you opt for full property and tenant management services.
3. Lease Renewal Fee – A recurring annual charge when a tenant renews their lease; many agents charge approximately €100 + VAT for this service.