Limerick is one of the most under-listed Irish storage markets — the city has a population of ~95,000 with a metro pull approaching 200,000 across the Mid-West, and only one commercial self-storage facility (Limerick Self Storage on Mungret Road). The supply gap to peer-to-peer is wider here than anywhere else in Ireland: a 35-sq-ft commercial locker at the Mungret facility runs €130-€160/mo, while a typical Castletroy or Raheen Packhood garage lists at €85-€115/mo.
Meanwhile the Limerick suburbs (Castletroy, Raheen, Dooradoyle, Annacotty, Ballysimon, North Circular Road) are full of 1980s-2000s detached and semi-detached homes with attached single garages. Most are holding nothing of importance — old paint cans, an exercise bike from 2019, a few boxes of inherited photos. The supply of garages is high; the supply of garages currently listed for storage is dramatically low.
Below: the actual area-by-area numbers from current Limerick listings, why Castletroy and Raheen punch above their weight, the Form 12 / Form 11 tax angle for Limerick hosts, and what makes a Limerick garage book in two weeks rather than sit empty for two months.
Limerick area-by-area garage rates: what the listings show
City centre (V94 inside the inner ring): garages are rare here — most stock is apartments or terraced housing. The few residential garages we see list at €95-€115/mo because of the demand pool from city-centre flats.
North Circular Road area: €90-€115/mo. Long-established Edwardian + early-20th-century housing with mews-style outbuildings; well-off renter pool nearby. Books in 18-24 days.
Castletroy + Plassey + UL area: €85-€115/mo. The strongest mid-band — UL professional renters, postgrads, and Limerick city-centre flat-dwellers seeking quiet weekend access. Books in 16-22 days.
Raheen + Dooradoyle: €85-€110/mo. Big garage stock from 1990s-2000s estates; demand from professional renters and city-centre flat dwellers. Books in 21-28 days.
South Circular Road / Ballinacurra: €85-€110/mo. Solid mid-band with older detached + semi housing.
Annacotty + Castleconnell + Ballysimon (eastern outer ring): €70-€95/mo. Lower base; M7 access makes it commuter-friendly for renters wanting overflow storage.
Caherdavin + Coonagh: €75-€100/mo. Newer estate stock; books in 24-30 days.
Limerick County (Adare, Newcastle West, Patrickswell, Croom): €60-€90/mo. Lower base; first-booking windows of 28-42 days. Strong demand from Limerick commuters needing rural-cheap storage.
Why Limerick tilts toward hosts (right now)
Limerick's commercial self-storage supply is the lowest per-capita of any Irish urban area outside Galway — roughly 0.9 sq ft per resident. The supply gap pushes commercial storage prices up: a 35-sq-ft locker runs €130-€160/mo. The arbitrage gap to Packhood at €85-€115 is the second-largest in Ireland after Galway.
For hosts, that means demand outpaces supply, listings book within 16-28 days, and pricing power is high. Limerick is currently one of the strongest markets in the Mid-West for new hosts.
That window is open through 2026-2027. Limerick's domestic garage stock is roughly 1.0 garage per household, so supply could match demand if every garage listed — but very few currently do.
Worked example: 4-bed semi in Castletroy with garage and loft
Take a typical Castletroy semi: 1990s build, single garage attached, partial loft.
Garage at €100/mo: €1,200/yr. Books in ~18 days, 4-month average tenancy, ~2.4 turnovers/year. Realistic annual after vacancy: ~€1,120.
Loft at €40/mo: €480/yr. Slightly slower (~24 days) but stable. Realistic annual: ~€430.
Combined: ~€1,550/yr.
Tax interaction: at Form 12 thresholds (non-PAYE income under €5,000/yr), this fits — single short return at year-end. At a 40% marginal rate, tax on €1,550 is roughly €620; net is ~€930/yr.
That's a year of LPT on a €260k Limerick home, a long weekend in Berlin, or 12 months of a daily Centra coffee — for space currently holding three boxes of inherited photos and an unused dehumidifier.
What renters in Limerick actually want
Limerick renters split into roughly four cohorts. (1) City-centre flat-dwellers — bike, surfboard, guitar, boxes of inherited stuff. (2) UL students + postgrads — between-term bookings, price-sensitive. (3) Stryker, Analog Devices, Northern Trust, Edwards Lifesciences professionals — pay top of band; 6-12 month bookings. (4) Mid-West commuters and Adare/Newcastle West downsizers needing 12 months of storage.
Photos sell to all four. Pricing matters most to cohort 2 (students). UL/M7 mentions matter most to cohort 1 + 3. Limerick listings with both photos AND a transport line book ~30% faster.
How to start, in 20 minutes
Five photos with your phone (wide of the empty garage with the light on, two corners, the door from outside, the entrance from the street).
Three sentences: "Dry single-car garage in Castletroy, V94 [Eircode], 4.5m × 5.5m × 2.4m, locks from inside, available 7am-10pm seven days. 6 min walk from UL, easy M7 access."
Set the price 5% below the local median (visible by typing "Limerick" into Packhood). Verify identity with Stripe Identity (2 mins).
By month one you're booked. By month two the cheque is automatic. List the garage.
The take
Limerick is one of Ireland's least-served storage markets — high garage density, very low commercial-storage supply, professional + student demand, and almost no peer-to-peer connection between the two yet. Hosts entering in 2026 in the strong Eircodes (V94 generally, especially Castletroy and Raheen) see 16-22 day first-bookings and the highest pricing power in the Mid-West.
List the garage. Twenty minutes. The cheque is automatic by month two.