The Daft.ie Rental Price Report: An analysis of recent trends in the Irish residential rental market 2025 Q1 PDF Free Download
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An analysis of recent trends in the Irish
residential rental market 2025 Q1
The Daft.ie
Rental Price Report
Introduction by Ronan Lyons, Associate
Professor in Economics at Trinity College Dublin
and author of the Daft Report
“It is imperative that the
new government avoid the
trap fallen into by the last
one in thinking that the only
determinant of new homes
built is the budget given to
housing. The government is
not just the funder, it is also
the referee.”
As shortages persist, the challenge
for policymakers remains simple.
Recently, I gave a talk to a group of Americans on the
Irish economy, touching on how it became successful
but also the challenges it faces, including in housing.
I described the by-now all-too-familiar picture of
a housing system with a chronic and worsening
shortage of housing.
In the open discussion, one of the group asked me
if Irish policymakers had done anything specic to
get more homes built, given there was a shortage of
housing, in particular for younger adults.
It may seem an eort to have to try to summarize
over a decade of various incremental housing policy
changes. But as I was short on time, the answer was
perhaps blunter than usual: “In the late 2010s, yes –
but in the 2020s, no.”
What I meant by this was that the 2016-2020
government did seem to understand that its
policy decisions were eectively levers that could
generate appetite to build new homes. This can be
seen in the Build-to-Rent and Strategic Housing
Development initiatives. Combined with a favourable
macroeconomic environment, these generated a
pipeline of tens of thousands of new rental homes,
albeit concentrated in the Greater Dublin Area due to
viability challenges.
The 2020-2024 government, however, seemed not to
understand this and reversed some of the pro-supply
policies of its predecessor. Together with the change
in external conditions and a sharp tightening of Rent
Pressure Zones, in eect making them one of the
strictest rent control regimes in the world, this had a
catastrophic eect on the supply pipeline.
The irony is that the last government scrapped pro-
supply policies just as they were beginning to show
their eects – with market rents in Dublin largely
static in 2023, due to lots of new completions, even
as rents surged in other cities. Instead, policy relied
on increases in direct funding, rather than channeling
others’ savings, to try to keep completions up.
The results have been predictable if very
disheartening. Having risen by almost 7% in 2023 –
the national average dragged down by Dublin’s new
supply – market rents rose by a further 6% in 2024.
That’s thirteen straight years, since 2011, of rising
rents.
The gures in this latest report confirm this picture.
Countrywide, market rents rose by an average of
3.4% between December and March. This is the
joint-second largest increase in market rents (after
2022Q3) on record, in a series that goes back 76
quarters.
As the pipeline of new rental homes in Dublin dries
up, upward pressure on rents in the capital has
resumed, with an increase of 2.4% in the rst quarter,
the largest since 2022. Indeed, between December
and March, market rents rose in 52 of the 54 distinct
Ronan Lyons,
Associate Professor in Economics
Trinity College Dublin
The Daft.ie Rental Price Report – 2025 Q1 | 3
markets analysed in each Daft.ie Rental Report.
The upward pressure on open-market rents reects
incredibly poor availability. Just over 2,300 homes were
available to rent on the 1st of May, down 14% year-
on-year and the third-worst May gure in the last two
decades (after 2022 and 2023).
It is imperative that the new government avoid the
trap fallen into by the last one in thinking that the only
determinant of new homes built is the budget given to
housing. The government is not just the funder, it is also
the referee.
A long-overdue reform of the Rent Pressure Zones is
apparently imminent. Aligning the system here with
standard practice in other places with rent controls – in
particular by allowing for rents to reset when tenants
leave but also by reviewing the limit on increases allowed
– will benet tenants in the long-run, as a new pipeline of
supply will emerge.
The longer it takes to get to that new system, however,
the longer we will have to read about chronic shortages
of rental homes and sharp increases in market rents.
4 | The Daft.ie Rental Price Report – 2025 Q1
The Daft.ie Rental Price Report – 2025 Q1 | 5
7.3%
Rents rise nationally
(Year-on-year change in the average listed rent)
Uptick in ination in early 2025
North County
€2,371 | 7.2%
South County
€2,794 | 5.9%
West County
€2,461 | 8.5%
South City
€2,620 | 5.2%
City Centre
€2,470 | 4.7%
North City
€2,497| 7.0%
DL
€1,231
3.1%
LM
€1,234
11.4%CN
€1,409
4.1%
MN
€1,340
5.6%
LH
€1,869
6.4%
MH
€1,979
3.5%
KE
€2,039
4.7%
WW
€2,106
4.9%
LS
€1,598
4.2%
CW
€1,649
10.9%
WX
€1,479
4.4%
KK
€1,675
10.2%
CE
€1,503
10.4%
T
€1,494
14.2%
L
€1,704
15.5%
W
€1,704
12.1%
G
€1,659
5.7%
SO
€1,398
6.3%
RN
€1,417
6.9%
LD
€1,400
6.2%
MO
€1,376
3.6%
WH
€1,683
4.8%
OY
€1,642
7.2%
C
€1,621
10.0%
KY
€1,514
12.9%
Cork City
€2,213 | 13.6%
Limerick City
€2,4
05 | 20.4%
Galway City
€2,304 | 12.6%
Waterford City
€1,735 | 9.9%
v
6 | The Daft.ie Rental Price Report – 2025 Q1
Nationwide
Average rental prices and Y-on-Y change
North County
€2,371 | 7.2%
South County
€2,794 | 5.9%
West County
€2,461 | 8.5%
South City
€2,620 | 5.2%
City Centre
€2,470 | 4.7%
North City
€2,497| 7.0%
Nationwide
Average rental prices and Y-on-Y change
Nationally, listed rents rose by 7.3% in the year to March
2025, in line with the average rate of ination over the past 18
months. Rental Ination in Dublin is at 5.8%, its highest since
mid-2023, while ination elsewhere is at 8.6%, down from 13%
in mid-2023. This means that the gap between rental ination
in Dublin and elsewhere is at its smallest in two years.
The Daft.ie Rental Price Report – 2025 Q1 | 7
Dublin
Average rental prices and Y-on-Y change
€2,023
2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Jan 101.5 109.0 119.4 131.0 145.1 159.8 173.3 179.2 180.4 199.7 226.1 240.3 258.7
Feb 102.5 110.5 120.8 131.0 146.5 162.3 174.6 178.8 181.0 202.3 224.7 245.6 260.9
March 102.6 111.8 121.3 132.4 147.5 163.9 176.0 179.1 182.0 204.8 226.8 24 4.1 263.6
April 103.2 112.8 122.3 133.1 148.2 164.4 176.9 175.3 182.4 205.4 2 27.4 246.2 262.3
May 103.0 113.6 123.0 136.2 150.7 167.2 176.5 176.3 186.1 208.4 232.7 249.3
June 102.9 114. 3 124.0 137.6 152.0 168.4 178.0 176.9 187.9 212.8 233.8 248.9
July 104.7 115. 3 125.5 137.9 153.6 168.5 177.5 177.8 189.2 212.6 235.7 250.1
August 105.6 116.6 126.8 140.6 156.1 170.4 178.6 179.4 190.2 218.5 234.7 253.1
Sept 106.2 117.7 128.1 142.2 156.7 171.7 178.9 179.7 193.5 222.5 235.8 253.8
Oct 106.7 118.2 128.7 143.3 157.3 171.1 178.6 178.3 194.9 221.8 235.3 243.4
Nov 107.0 118.6 128.7 144.6 158.7 172.4 176.2 177.9 197.1 224.3 238.2 256.8
Dec 107.6 119.0 129.5 144.6 159.4 172.7 17 7.8 178.9 198.1 224.9 243.0 257.6
Daft.ie National Rental Index
(2012 average = 100)
Daft.ie National Rent Index
Average Monthly Rent
8 | The Daft.ie Rental Price Report – 2025 Q1
Jump in rents in Q1
Average market rents nationally rose by 3.4% in the rst quarter of 2025,
marking the joint second-largest quarterly increase on record, dating
back to 2006.
Rental availability down 14%
The total number of properties
available to rent on May 1st was just
over 2,300, down 14% on the same
date a year ago. This is the third
quarter of falling availability, following
six quarters of improving stock.
The Daft.ie Market Rent Index is based on listed rental prices for properties posted for rent on Daft.ie. An index based on listed rents, as opposed to rents of all tenants, is a measure of current
market conditions. Figures are to rents of all tenants, is a measure of current market conditions. Figures are in price that are independent of changes in observable measures of quality, such as
location, or bedroom number.
The Daft.ie Rental Price Report – 2025 Q1 | 9
Stock of properties to rent on Daft.ie (start of month) and
ow of properties, 2009-2025.
Year-on-year growth at 7.3%
Market rents rose by an average of
7.3% in the year to March 2025, up
from 5.7% in late 2024.
Dublin ination dierential
continues to close
While rents in Dublin rose by 5.8%,
rents elsewhere rose by 8.6% - this
is the smallest gap between Dublin
and the rest of the country in two
years.
5.8%
Stock (lhs) Inflow (rhs) Outflow (rhs)
0
5000
10000
15000
20000
25000
0
5000
1000
0
1500
0
2000
0
25000
20232022202120202019201820172016201520142013201220112010 2024 2025
Daft.ie Snapshot of
Market Rents Nationwide
OTHER CITIES
1 bed apartment 2 bed house 3 bed house 4 bed house 5 bed house
Dublin 1 €1,792 -2.3% €2,174 -2.8% €2,721 -2.7% €3,333 -5.3% €3,841 -10.2%
Dublin 2 €2,034 0.4% €2,468 -0.1% €3,088 0.0% €3,783 -2.7% €4,360 -7.7%
Dublin 3 €1,718 1.2% €2,085 0.7% €2,609 0.7% €3,196 -2.0% €3,683 -7.0 %
Dublin 4 €1,955 1.0% €2,372 0.5% €2,968 0.6% €3,636 -2.1% €4,190 -7. 2%
Dublin 5 €1,608 0.3% €1,950 -0.2% €2,441 -0.1% €2,990 -2.8% €3,446 -7.8%
Dublin 6 €1,797 - 0.1% €2,180 -0.6% €2,729 -0.5% €3,343 -3.2% €3,852 -8.2%
Dublin 6W €1,682 0.7% €2,040 0.2% €2,554 0.3% €3,128 -2.4% €3,605 -7.4%
Dublin 7 €1,658 1.1% €2,012 0.6% €2,518 0.7% €3,084 -2.0% €3,554 -7.1%
Dublin 8 €1,687 -1.5% €2,046 -2.0% €2,561 -1.9% €3,137 -4.5% €3,615 -9.4%
Dublin 9 €1,617 0.8% €1,962 0.3% €2,456 0.3% €3,008 -2.3% €3,467 -7. 4%
Dublin 10 €1,487 -1.8% €1,804 -2.3% €2,258 -2.2% €2,766 -4.9% € 3,187 -9.8%
Dublin 11 €1,536 4.0% €1,863 3.4% €2,332 3.5% €2,856 0.7% €3,292 -4.5%
Dublin 12 €1,568 -0.8% €1,902 -1.3% €2,381 -1.3% €2,917 -3.9% €3,361 -8.9%
Dublin 13 €1,581 0.7% €1,918 0.2% €2,400 0.3% €2,940 -2.4% €3,388 -7.4%
Dublin 14 €1,630 1.0% €1,977 0.5% €2,474 0.6% €3,031 -2.1% €3,493 -7.2%
Dublin 15 €1,486 2.4% €1,803 1.9% €2,257 2.0% €2,764 -0.7% € 3,186 -5.9%
Dublin 16 €1,566 0.6% €1,900 0.1% €2,378 0.2% €2,913 -2.5% €3,357 -7.5%
Dublin 17 €1,439 -11.9% €1,746 -12.3% €2,185 -12.3% €2,676 -14.6% €3,084 -19.0%
Dublin 18 €1,652 -0.9% €2,004 -1.3% €2,509 -1.3% €3,073 -3.9% €3,542 -8.9%
Dublin 20 €1,438 -12.9% €1,744 -13.3% €2,183 -13.3% €2,674 -15.6% €3,082 -19.9%
Dublin 22 €1,434 0.0% €1,739 -0.5% €2,177 -0.5% €2,667 -3.1% €3,073 -8.1%
Dublin 24 €1,454 2.2% €1,764 1.7% €2,208 1.8% €2,705 -0.9% €3,117 -6.0%
North Co Dublin €1,464 2.2% €1,776 1.7% €2,223 1.8% €2,723 -0.9% €3,138 -6.0%
South Co Dublin €1,744 1.2% €2,116 0.7% €2,649 0.8% €3,244 -1.9% €3,739 -7.0%
West Dublin €1,462 3.7% €1,773 3.2% €2,219 3.3% €2,719 0.5% €3,133 -4.7%
Cork City €1,374 9.2% €1,669 8.8% €2,022 9.6% €2,371 0.4% €3,017 34.7%
Limerick City €1,374 8.1% €1,668 7.7% €2,021 8.5% €2,370 -0.6% €3,016 33.4%
Galway City €1,430 14.3% €1,736 13.9% €2,104 14.8% €2,467 5.1% €3,139 41.1%
Waterford City €1,044 4.4% €1,267 4.1% €1,536 4.9% €1,801 -3.9% €2,292 28.9%
DUBLIN
10 | The Daft.ie Rental Price Report – 2025 Q1
What can I ask for? Can I aord it?
Average market rents across Ireland (monthly), and annual change (%), 2025 Q1.
Daft.ie Snapshot of
Market Rents Nationwide
LEINSTERMUNSTERCONNACHTULSTER
1 bed apartment 2 bed house 3 bed house 4 bed house 5 bed house
Meath €1,255 3.8% €1,493 0.8% €1,776 2.5% €2,032 1.0% €2,160 -5.7%
Kildare €1,312 5.1% €1,561 2.1% €1,857 3.7% €2,125 2.2% €2,259 -4.6%
Wicklow €1,384 5.3% €1,647 2.3% €1,959 3.9% €2,242 2.4% €2,383 -4.4%
Louth €1,199 7.2% €1,426 4.1% €1,697 5.8% €1,941 4.3% €2,064 -2.7%
Longford €905 6.1% €1,076 3.0% €1,280 4.7% €1,465 3.2% €1,557 -3.7%
Oaly €1,052 9.4% €1,252 6.2% €1,489 7.9% €1,704 6.4% €1,811 -0.7%
Westmeath €1,071 5.1% €1,274 2.1% €1,516 3.7% €1,734 2.2% €1,843 -4.6%
Laois €1,019 5.3% €1,212 2.2% €1,442 3.9% €1,650 2.4% €1,754 -4.4%
Carlow €1,036 12.3% €1,233 9.0% €1,466 10.8% €1,678 9.2% €1,784 1.9%
Kilkenny €1,052 11.5% €1,251 8.2% €1,489 10.0% €1,704 8.4% €1,811 1.2%
Wexford €943 5.1% €1,122 2.1% €1,335 3.7% €1,527 2.2% €1,624 -4.6%
Waterford Co €1,100 9.7% €1,306 11.5% €1,524 10.8% €1,752 9.9% €1,860 18.3%
Kerry €978 10.4% €1,162 12.3% €1,356 11.6% €1,558 10.7% €1,655 19.2%
Cork Co €1,062 8.3% €1,262 10.1% €1,472 9.4% €1,692 8.6% €1,797 16.9%
Clare €970 8.0% €1,152 9.8% €1,344 9.1% €1,545 8.2% €1,641 16.5%
Limerick Co €1,073 12.0% €1,274 13.9% €1,486 13.2% €1,708 12.3% €1,814 20.9%
Tipperary €969 11.4% €1,151 13.3% €1,343 12.5% €1,544 11.6% €1,639 20.2%
Galway Co €1,005 4.2% €1,170 0.2% €1,374 1.8% €1,500 -0.8% €1,651 4.1%
Mayo €849 3.7% €988 -0.3% €1,161 1.3% €1,267 -1.3% €1,394 3.6%
Roscommon €864 6.7% €1,005 2.5% €1,181 4.2% €1,289 1.5% €1,419 6.5%
Sligo €883 5.6% €1,028 1.5% €1,208 3.1% €1,318 0.4% €1,451 5.4%
Leitrim €798 10.3% €929 6.0% €1,091 7.8% €1,191 5.0% €1,311 10.2%
Donegal €765 3.1% €890 -1.0% €1,045 0.7% €1,141 -1.9% €1,256 2.9%
Cavan €857 3.3% €998 -0.7% €1,172 0.9% €1,279 -1.7% €1,408 3.2%
Monaghan €841 4.8% €979 0.7% €1,150 2.4% €1,255 -0.3% €1,382 4.7%
The Daft.ie Rental Price Report – 2025 Q1 | 11
12 | The Daft.ie Rental Price Report – 2025 Q1
Analysis of Rents paid by Sitting
Tenants
Using a bespoke survey, Daft.ie has asked thousands of sitting tenants over
recent years for information on the path of rents within their lease. This
information is combined to give a ‘Stayers Index’ of rents, the counterpart for
sitting tenants to the ‘Movers Index’ of market rents presented elsewhere in
this Daft.ie report.
Both segments have experienced similar trends since 2010, with rents falling
in the rst two years, before a number of steady years of rent increases.
However, sitting tenants have typically experienced much smaller increases
since 2016 - although the increase seen in the year to mid-2023 (3.8%) is the
largest in seven years.
On average, rents for sitting tenants have increased 3.1% each year over the
last decade, compared to 8.5% for market tenants during the same period.
Sitting tenants in Dublin have seen a greater share of this increase than their
counterparts elsewhere.
3.1%
in Dublin
3.8%
1.2%
Elsewhere
The Daft.ie Rental Price Report – 2025 Q1 | 13
2010
2010
2011
2011
2012
2012
2013
2013
2014
2014
2015
2016
2016
2017
2017
2018
2018
2019
2019
2020
2020
2021
2021
2022
2022
2023
2023
2024
2024
2025
175
150
125
100
75
2015
Index of rents for continuing tenants (2012 = 100)
The average increase in rents for sitting tenants, each year,
2011-2025
1 bed apartment 2 bed house 3 bed house 4 bed house 5 bed house
Dublin 1 8.1% -0.3% 7.4% -0.5% 7.1% -0.6% 5.8% -0.3% 5.9% -1.0%
Dublin 2 6.2% -0.2% 6.4% 0.0% 6.3% -0.2% 5.0% -0.2% 5.2% -1.0%
Dublin 3 6.3% -0.2% 6.0% -0.4% 6.1% -0.6% 4.6% -0.3% 4.7% -0.9%
Dublin 4 5.5% -0.5% 5.3% -0.6% 5.0% -0.6% 3.7% -0.5% 4.0% -1.0%
Dublin 5 7.8% -1.9% 7. 2% -0.9% 6.8% -0.8% 4.6% -0.9% 4.9% -1.3%
Dublin 6 5.4% -1.1% 5.0% -0.4% 4.7% -0.4% 3.2% -0.5% 3.4% -0.8%
Dublin 6W 6.0% -1.8% 5.6% -1.0% 5.3% -0.9% 3.5% -0.8% 3.8% -1.3%
Dublin 7 7.3% -1.8% 6.8% -0.9% 6.4% -0.7% 4.3% -0.8% 4.6% -1.3%
Dublin 8 7.3% -1.3% 6.8% -0.5% 6.4% -0.4% 4.3% -0.6% 4.6% -1.0%
Dublin 9 7.7% -1.6% 7.2% -0.7% 6.8% -0.6% 4.5% -0.7% 4.9% -1.2%
Dublin 10 10.0% -2.2% 9.3% -0.9% 8.8% -0.8% 5.9% -0.9% 6.4% -1.6%
Dublin 11 9.2% -1.4% 8.6% -0.4% 8.1% -0.3% 5.4% -0.5% 5.9% -1.1%
Dublin 12 8.2% -2.0% 7.6% -1.0% 7. 2% -0.8% 4.8% -0.9% 5.2% -1.4%
Dublin 13 7. 3% -1.4% 6.8% -0.6% 6.5% -0.5% 4.3% -0.6% 4.7% -1.1%
Dublin 14 6.2% -1.5% 5.8% -0.7% 5.5% -0.6% 3.6% -0.7% 3.9% -1.1%
Dublin 15 8.4% -1.9% 7. 8% -0.8% 7.4% -0.7% 4.9% -0.8% 5.4% -1.4%
Dublin 16 6.7% -1.4% 6.3% -0.6% 5.9% -0.5% 4.0% -0.6% 4.3% -1.0%
Dublin 17 8.8% -3.8% 8.2% -2.4% 7.7% -2.2% 5.2% -1.9% 5.6% -2.6%
Dublin 18 6.6% -1.7% 6.1% -0.9% 5.8% -0.8% 3.9% -0.8% 4.2% -1.2%
Dublin 20 7.6% -2.9% 7.1% -1.8% 6.7% -1.6% 4.5% -1.4% 4.9% -2.0%
Dublin 22 9.7% -2.5% 9.0% -1.2% 8.5% -1.0% 5.7% -1.1% 6.2% -1.8%
Dublin 24 9.5% -1.8% 8.9% -0.7% 8.4% -0.5% 5.6% -0.8% 6.1% -1.3%
North Co Dublin 8.0% -1.9% 7.5% -0.9% 7.0% -0.8% 4.7% -0.9% 5.1% -1.4%
South Co Dublin 5.9% -1.3% 5.5% -0.6% 5.2% -0.5% 3.5% -0.6% 3.7% -1.0%
West Dublin 8.8% -1.5% 8.2% -0.5% 7.7% -0.4% 5.2% -0.6% 5.6% -1.1%
Cork City 9.4% -1.5% 9.6% 0.0% 8.2% 0.0% 5.2% -0.8% 5.8% 0.9%
Limerick City 9.1% -1.7% 9.3% -0.3% 7.9% -0.2% 5.0% -1.0% 5.6% 0.7%
Galway City 11.4% -1.7% 11.6% 0.1% 9.9% 0.1% 6.3% -1.0% 7.0% 1.1%
Waterford City 9.8% -2.3% 10.0% -0.6% 8.5% -0.6% 5.4% -1.3% 6.1% 0.6%
OTHER CITIES DUBLIN
14 | The Daft.ie Rental Price Report – 2025 Q1
Daft.ie Snapshot of Yields
The yield is the ratio of annual rents to the price of the property.
It is comparable to an interest rate and is frequently used as a measure of how healthy
the property market is.
Gross annual yields across Ireland (%), and year-on-year change (in percentage points),
2025 Q1 .
Daft.ie Snapshot of Yields
LEINSTERMUNSTER
CONNACHTULSTER
The Daft.ie Rental Price Report – 2025 Q1 | 15
1 bed apartment 2 bed house 3 bed house 4 bed house 5 bed house
Meath 10.1% -2.0% 9.2% -1.0% 8.4% -0.6% 4.8% -0.5% 4.9% -1.1%
Kildare 9.9% -1.9% 9.0% -0.9% 8.2% -0.6% 4.7% -0.4% 4.7% -1.1%
Wicklow 8.8% -1.6% 8.0% -0.8% 7.3% -0.5% 4.2% -0.4% 4.2% -0.9%
Louth 10.5% -1.8% 9.6% -0.8% 8.7% -0.5% 5.0% -0.4% 5.0% -1.0%
Longford 12.8% -2.7% 11.7% -1.4% 10.6% -0.9% 6.1% -0.7% 6.2% -1.5%
Oaly 10.9% -2.2% 10.0% -1.1% 9.1% -0.7% 5.2% -0.5% 5.2% -1.2%
Westmeath 10.4% -2.0% 9.5% -1.0% 8.6% -0.6% 5.0% -0.5% 5.0% -1.1%
Laois 10.7% -2.1% 9.7% -1.1% 8.8% -0.7% 5.1% -0.5% 5.1% -1.2%
Carlow 10.8% -1.2% 9.8% -0.3% 8.9% 0.1% 5.2% -0.1% 5.2% -0.7%
Kilkenny 9.9% -1.1% 9.0% -0.2% 8.2% 0.1% 4.7% -0.1% 4.7% -0.6%
Wexford 9.3% -1.9% 8.5% -1.0% 7.7% -0.6% 4.5% -0.5% 4.5% -1.1%
Waterford Co 9.1% -1.4% 9.8% 0.2% 8.4% 0.3% 4.8% -0.3% 4.9% 0.3%
Kerry 9.1% -1.7% 9.9% 0.0% 8.5% 0.1% 4.8% -0.4% 5.0% 0.1%
Cork Co 9.2% -1.5% 9.9% 0.1% 8.5% 0.2% 4.8% -0.3% 5.0% 0.2%
Clare 9.6% -1.9% 10.3% -0.2% 8.9% 0.0% 5.0% -0.5% 5.2% 0.1%
Limerick Co 10.8% -1.8% 11.7% 0.1% 10.1% 0.2% 5.7% -0.4% 5.9% 0.2%
Tipperary 9.9% -1.2% 10.7% 0.5% 9.2% 0.5% 5.2% -0.2% 5.4% 0.4%
Galway Co 10.4% -2.0% 10.1% -1.3% 9.2% -1.0% 5.1% -0.8% 5.6% -0.5%
Mayo 10.7% -1.7% 10.4% -1.0% 9.4% -0.8% 5.2% -0.7% 5.7% -0.3%
Roscommon 11.6% -2.1% 11.3% -1.3% 10.3% -1.0% 5.7% -0.9% 6.2% -0.5%
Sligo 10.6% -1.6% 10.3% -0.9% 9.4% -0.7% 5.2% -0.6% 5.6% -0.3%
Leitrim 11.0% -1.3% 10.7% -0.6% 9.7% -0.4% 5.4% -0.5% 5.9% -0.1%
Donegal 9.7% -1.5% 9.4% -0.8% 8.6% -0.7% 4.8% -0.6% 5.2% -0.3%
Cavan 11.2% -1.9% 10.9% -1.1% 9.9% -0.9% 5.5% -0.8% 6.0% -0.4%
Monaghan 10.1% -0.9% 9.8% -0.3% 8.9% -0.1% 4.9% -0.3% 5.4% 0.0%
National Average 8.8% -1.5% 8.8% -0.6% 8.3% -0.4% 5.0% -0.6% 5.2% -0.4%
1 bed apartment 2 bed house 3 bed house
OTHER CITIES DUBLIN
16 | The Daft.ie Rental Price Report – 2025 Q1
To Buy or to Rent?
Using the Daft.ie Sale and Rental reports, it is possible to calculate the average mortgage
payment as well as the average rent, for properties around the country.
Current mortgage repayments based o the following parameters: 4% interest rate, for a term of
30 years, with a 90% LTV, while a gure is also given for the case where mortgage rates rise by two
percentage points. Average mortgage and rent payments compared, across Ireland, 2025 Q1.
Mortgage M + 2% Rent Mortgage M + 2% Rent Mortgage M + 2% Rent Mortgage M + 2% Rent Mortgage M + 2% Rent
Dublin 1 €1,146 €1,439 €1,792 €1,509 €1,895 €2,174 €1,964 €2,467 €2,721 €2,948 €3,702 €3,333 €3,380 €4,245 €3,841
Dublin 2 €1,694 €2,127 €2,034 €2,002 €2,514 €2,468 €2,521 €3,166 €3,088 €3,864 €4,852 €3,783 €4,342 €5,453 €4,360
Dublin 3 €1,413 €1,775 €1,718 €1,780 €2,236 €2,085 €2,199 €2,761 €2,609 €3,574 €4,489 €3,196 €4,068 €5,108 €3,683
Dublin 4 €1,836 €2,305 €1,955 €2,291 €2,877 €2,372 €3,091 €3,882 €2,968 €5,117 €6,426 €3,636 €5,460 €6,857 €4,190
Dublin 5 €1,070 €1,343 €1,608 €1,393 €1,749 €1,950 €1,843 €2,314 €2,441 €3,376 €4,240 €2,990 €3,591 €4,510 €3,446
Dublin 6 €1,724 €2,165 €1,797 €2,245 €2,819 €2,180 €2,970 €3,730 €2,729 €5,442 €6,834 €3,343 €5,789 €7,270 €3,852
Dublin 6W €1,453 €1,824 €1,682 €1,891 €2,375 €2,040 €2,503 €3,143 €2,554 €4,586 €5,759 €3,128 €4,878 €6,125 €3,605
Dublin 7 €1,178 €1,480 €1,658 €1,534 €1,927 €2,012 €2,030 €2,550 €2,518 €3,720 €4,671 €3,084 €3,956 €4,969 €3,554
Dublin 8 €1,197 €1,503 €1,687 €1,558 €1,957 €2,046 €2,062 €2,589 €2,561 €3,777 €4,744 €3,137 €4,018 €5,046 €3,615
Dublin 9 €1,086 €1,364 €1,617 €1,414 €1,776 €1,962 €1,872 €2,351 €2,456 €3,429 €4,307 €3,008 €3,648 €4,581 €3,467
Dublin 10 €765 €960 €1,487 €995 €1,250 €1,804 €1,317 €1,654 €2,258 €2,413 €3,031 €2,766 €2,567 €3,224 €3,187
Dublin 11 €862 €1,082 €1,536 €1,122 €1,409 €1,863 €1,485 €1,864 €2,332 €2,720 €3,416 €2,856 €2,893 €3,633 €3,292
Dublin 12 €991 €1,245 €1,568 €1,291 €1,621 €1,902 €1,708 €2,145 €2,381 €3,129 €3,930 €2,917 €3,329 €4,180 €3,361
Dublin 13 €1,109 €1,393 €1,581 €1,444 €1,814 €1,918 €1,911 €2,400 €2,400 €3,501 €4,397 €2,940 €3,724 €4,677 €3,388
Dublin 14 €1,358 €1,706 €1,630 €1,768 €2,221 €1,977 €2,340 €2,939 €2,474 €4,288 €5,385 €3,031 €4,561 €5,727 €3,493
Dublin 15 €914 €1,148 €1,486 €1,190 €1,494 €1,803 €1,575 €1,978 €2,257 €2,885 €3,623 €2,764 €3,069 €3,854 €3,186
Dublin 16 €1,200 €1,507 €1,566 €1,562 €1,962 €1,900 €2,067 €2,596 €2,378 €3,788 €4,757 €2,913 €4,029 €5,059 €3,357
Dublin 17 €845 €1,061 €1,439 €1,100 €1,382 €1,746 €1,456 €1,828 €2,185 €2,667 €3,350 €2,676 €2,837 €3,563 €3,084
Dublin 18 €1,292 €1,622 €1,652 €1,682 €2,112 €2,004 €2,225 €2,795 €2,509 €4,077 €5,120 €3,073 €4,337 €5,446 €3,542
Dublin 20 €974 €1,224 €1,438 €1,269 €1,593 €1,744 €1,679 €2,108 €2,183 €3,076 €3,863 €2,674 €3,272 €4,109 €3,082
Dublin 22 €765 €960 €1,434 €995 €1,250 €1,739 €1,317 €1,654 €2,177 €2,413 €3,031 €2,667 €2,567 €3,224 €3,073
Dublin 24 €789 €991 €1,454 €1,028 €1,291 €1,764 €1,360 €1,708 €2,208 €2,492 €3,129 €2,705 €2,651 €3,329 €3,117
North Co Dublin €944 €1,185 €1,464 €1,228 €1,543 €1,776 €1,626 €2,042 €2,223 €2,978 €3,740 €2,723 €3,168 €3,979 €3,138
South Co Dublin €1,532 €1,924 €1,744 €1,994 €2,505 €2,116 €2,639 €3,314 €2,649 €4,835 €6,072 €3,244 €5,143 €6,459 €3,739
West Dublin €859 €1,079 €1,462 €1,118 €1,405 €1,773 €1,480 €1,859 €2,219 €2,712 €3,406 €2,719 €2,884 €3,622 €3,133
Cork City €751 €944 €1,374 €896 €1,125 €1,669 €1,278 €1,604 €2,022 €2,353 €2,955 €2,371 €2,677 €3,362 €3,017
Limerick City €776 €975 €1,374 €925 €1,162 €1,668 €1,320 €1,657 €2,021 €2,430 €3,052 €2,370 €2,765 €3,472 €3,016
Galway City €645 €810 €1,430 €769 €966 €1,736 €1,097 €1,377 €2,104 €2,020 €2,536 €2,467 €2,298 €2,886 €3,139
Waterford City €547 €687 €1,044 €652 €819 €1,267 €930 €1,168 €1,536 €1,712 €2,150 €1,801 €1,948 €2,447 €2,292
3 bed house 4 bed house 5 bed house
To Buy or to Rent?
The Daft.ie Rental Price Report – 2025 Q1 | 17
Mortgage M + 2% Rent Mortgage M + 2% Rent Mortgage M + 2% Rent Mortgage M + 2% Rent Mortgage M + 2% Rent
Dublin 1 €1,146 €1,439 €1,792 €1,509 €1,895 €2,174 €1,964 €2,467 €2,721 €2,948 €3,702 €3,333 €3,380 €4,245 €3,841
Dublin 2 €1,694 €2,127 €2,034 €2,002 €2,514 €2,468 €2,521 €3,166 €3,088 €3,864 €4,852 €3,783 €4,342 €5,453 €4,360
Dublin 3 €1,413 €1,775 €1,718 €1,780 €2,236 €2,085 €2,199 €2,761 €2,609 €3,574 €4,489 €3,196 €4,068 €5,108 €3,683
Dublin 4 €1,836 €2,305 €1,955 €2,291 €2,877 €2,372 €3,091 €3,882 €2,968 €5,117 €6,426 €3,636 €5,460 €6,857 €4,190
Dublin 5 €1,070 €1,343 €1,608 €1,393 €1,749 €1,950 €1,843 €2,314 €2,441 €3,376 €4,240 €2,990 €3,591 €4,510 €3,446
Dublin 6 €1,724 €2,165 €1,797 €2,245 €2,819 €2,180 €2,970 €3,730 €2,729 €5,442 €6,834 €3,343 €5,789 €7,270 €3,852
Dublin 6W €1,453 €1,824 €1,682 €1,891 €2,375 €2,040 €2,503 €3,143 €2,554 €4,586 €5,759 €3,128 €4,878 €6,125 €3,605
Dublin 7 €1,178 €1,480 €1,658 €1,534 €1,927 €2,012 €2,030 €2,550 €2,518 €3,720 €4,671 €3,084 €3,956 €4,969 €3,554
Dublin 8 €1,197 €1,503 €1,687 €1,558 €1,957 €2,046 €2,062 €2,589 €2,561 €3,777 €4,744 €3,137 €4,018 €5,046 €3,615
Dublin 9 €1,086 €1,364 €1,617 €1,414 €1,776 €1,962 €1,872 €2,351 €2,456 €3,429 €4,307 €3,008 €3,648 €4,581 €3,467
Dublin 10 €765 €960 €1,487 €995 €1,250 €1,804 €1,317 €1,654 €2,258 €2,413 €3,031 €2,766 €2,567 €3,224 €3,187
Dublin 11 €862 €1,082 €1,536 €1,122 €1,409 €1,863 €1,485 €1,864 €2,332 €2,720 €3,416 €2,856 €2,893 €3,633 €3,292
Dublin 12 €991 €1,245 €1,568 €1,291 €1,621 €1,902 €1,708 €2,145 €2,381 €3,129 €3,930 €2,917 €3,329 €4,180 €3,361
Dublin 13 €1,109 €1,393 €1,581 €1,444 €1,814 €1,918 €1,911 €2,400 €2,400 €3,501 €4,397 €2,940 €3,724 €4,677 €3,388
Dublin 14 €1,358 €1,706 €1,630 €1,768 €2,221 €1,977 €2,340 €2,939 €2,474 €4,288 €5,385 €3,031 €4,561 €5,727 €3,493
Dublin 15 €914 €1,148 €1,486 €1,190 €1,494 €1,803 €1,575 €1,978 €2,257 €2,885 €3,623 €2,764 €3,069 €3,854 €3,186
Dublin 16 €1,200 €1,507 €1,566 €1,562 €1,962 €1,900 €2,067 €2,596 €2,378 €3,788 €4,757 €2,913 €4,029 €5,059 €3,357
Dublin 17 €845 €1,061 €1,439 €1,100 €1,382 €1,746 €1,456 €1,828 €2,185 €2,667 €3,350 €2,676 €2,837 €3,563 €3,084
Dublin 18 €1,292 €1,622 €1,652 €1,682 €2,112 €2,004 €2,225 €2,795 €2,509 €4,077 €5,120 €3,073 €4,337 €5,446 €3,542
Dublin 20 €974 €1,224 €1,438 €1,269 €1,593 €1,744 €1,679 €2,108 €2,183 €3,076 €3,863 €2,674 €3,272 €4,109 €3,082
Dublin 22 €765 €960 €1,434 €995 €1,250 €1,739 €1,317 €1,654 €2,177 €2,413 €3,031 €2,667 €2,567 €3,224 €3,073
Dublin 24 €789 €991 €1,454 €1,028 €1,291 €1,764 €1,360 €1,708 €2,208 €2,492 €3,129 €2,705 €2,651 €3,329 €3,117
North Co Dublin €944 €1,185 €1,464 €1,228 €1,543 €1,776 €1,626 €2,042 €2,223 €2,978 €3,740 €2,723 €3,168 €3,979 €3,138
South Co Dublin €1,532 €1,924 €1,744 €1,994 €2,505 €2,116 €2,639 €3,314 €2,649 €4,835 €6,072 €3,244 €5,143 €6,459 €3,739
West Dublin €859 €1,079 €1,462 €1,118 €1,405 €1,773 €1,480 €1,859 €2,219 €2,712 €3,406 €2,719 €2,884 €3,622 €3,133
Cork City €751 €944 €1,374 €896 €1,125 €1,669 €1,278 €1,604 €2,022 €2,353 €2,955 €2,371 €2,677 €3,362 €3,017
Limerick City €776 €975 €1,374 €925 €1,162 €1,668 €1,320 €1,657 €2,021 €2,430 €3,052 €2,370 €2,765 €3,472 €3,016
Galway City €645 €810 €1,430 €769 €966 €1,736 €1,097 €1,377 €2,104 €2,020 €2,536 €2,467 €2,298 €2,886 €3,139
Waterford City €547 €687 €1,044 €652 €819 €1,267 €930 €1,168 €1,536 €1,712 €2,150 €1,801 €1,948 €2,447 €2,292
LEINSTERMUNSTER
CONNACHTULSTER
18 | The Daft.ie Rental Price Report – 2025 Q1
1 bed apartment 2 bed house
To Buy or to Rent?
Using the Daft.ie Sale and Rental reports, it is possible to calculate the average mortgage
payment as well as the average rent, for properties around the country.
Current mortgage repayments based o the following parameters: 4% interest rate, for a term of
30 years, with a 90% LTV, while a gure is also given for the case where mortgage rates rise by two
percentage points. Average mortgage and rent payments compared, across Ireland, 2025 Q1.
3 bed house
Mortgage M + 2% Rent Mortgage M + 2% Rent Mortgage M + 2% Rent Mortgage M + 2% Rent Mortgage M + 2% Rent
Meath €638 €801 €1,255 €832 €1,045 €1,493 €1,090 €1,369 €1,776 €2,161 €2,713 €2,032 €2,292 €2,878 €2,160
Kildare €686 €861 €1,312 €895 €1,124 €1,561 €1,172 €1,471 €1,857 €2,322 €2,916 €2,125 €2,463 €3,093 €2,259
Wicklow €812 €1,020 €1,384 €1,060 €1,331 €1,647 €1,388 €1,743 €1,959 €2,751 €3,454 €2,242 €2,918 €3,664 €2,383
Louth €588 €739 €1,199 €767 €963 €1,426 €1,004 €1,261 €1,697 €1,991 €2,500 €1,941 €2,112 €2,652 €2,064
Longford €363 €456 €905 €474 €595 €1,076 €620 €779 €1,280 €1,230 €1,544 €1,465 €1,304 €1,638 €1,557
Oaly €496 €623 €1,052 €647 €813 €1,252 €847 €1,064 €1,489 €1,679 €2,109 €1,704 €1,781 €2,237 €1,811
Westmeath €533 €669 €1,071 €695 €873 €1,274 €910 €1,143 €1,516 €1,804 €2,265 €1,734 €1,913 €2,402 €1,843
Laois €493 €619 €1,019 €643 €808 €1,212 €842 €1,058 €1,442 €1,669 €2,096 €1,650 €1,770 €2,223 €1,754
Carlow €495 €621 €1,036 €645 €810 €1,233 €845 €1,061 €1,466 €1,675 €2,103 €1,678 €1,776 €2,231 €1,784
Kilkenny €549 €690 €1,052 €717 €900 €1,251 €938 €1,179 €1,489 €1,860 €2,336 €1,704 €1,973 €2,478 €1,811
Wexford €521 €654 €943 €679 €853 €1,122 €889 €1,117 €1,335 €1,763 €2,213 €1,527 €1,870 €2,348 €1,624
Waterford Co €626 €787 €1,100 €688 €865 €1,306 €936 €1,175 €1,524 €1,898 €2,384 €1,752 €1,940 €2,437 €1,860
Kerry €552 €693 €978 €607 €762 €1,162 €824 €1,035 €1,356 €1,672 €2,100 €1,558 €1,709 €2,147 €1,655
Cork Co €598 €751 €1,062 €657 €826 €1,262 €894 €1,122 €1,472 €1,813 €2,276 €1,692 €1,853 €2,327 €1,797
Clare €523 €657 €970 €575 €722 €1,152 €781 €981 €1,344 €1,585 €1,990 €1,545 €1,620 €2,034 €1,641
Limerick Co €510 €641 €1,073 €561 €704 €1,274 €762 €957 €1,486 €1,546 €1,941 €1,708 €1,580 €1,984 €1,814
Tipperary €504 €633 €969 €554 €696 €1,151 €753 €946 €1,343 €1,528 €1,919 €1,544 €1,562 €1,961 €1,639
Galway Co €496 €623 €1,005 €595 €748 €1,170 €768 €964 €1,374 €1,511 €1,898 €1,500 €1,532 €1,924 €1,651
Mayo €409 €514 €849 €492 €617 €988 €634 €796 €1,161 €1,248 €1,567 €1,267 €1,265 €1,589 €1,394
Roscommon €383 €481 €864 €460 €578 €1,005 €593 €745 €1,181 €1,167 €1,466 €1,289 €1,183 €1,486 €1,419
Sligo €429 €539 €883 €515 €647 €1,028 €664 €834 €1,208 €1,307 €1,641 €1,318 €1,325 €1,664 €1,451
Leitrim €374 €469 €798 €448 €563 €929 €578 €726 €1,091 €1,138 €1,429 €1,191 €1,154 €1,449 €1,311
Donegal €406 €510 €765 €487 €612 €890 €628 €789 €1,045 €1,236 €1,553 €1,141 €1,254 €1,574 €1,256
Cavan €394 €495 €857 €473 €594 €998 €610 €766 €1,172 €1,200 €1,507 €1,279 €1,217 €1,528 €1,408
Monaghan €430 €539 €841 €516 €648 €979 €665 €835 €1,150 €1,309 €1,644 €1,255 €1,327 €1,666 €1,382
To Buy or to Rent?
The Daft.ie Rental Price Report – 2025 Q1 | 19
3 bed house 4 bed house 5 bed house
Mortgage M + 2% Rent Mortgage M + 2% Rent Mortgage M + 2% Rent Mortgage M + 2% Rent Mortgage M + 2% Rent
Meath €638 €801 €1,255 €832 €1,045 €1,493 €1,090 €1,369 €1,776 €2,161 €2,713 €2,032 €2,292 €2,878 €2,160
Kildare €686 €861 €1,312 €895 €1,124 €1,561 €1,172 €1,471 €1,857 €2,322 €2,916 €2,125 €2,463 €3,093 €2,259
Wicklow €812 €1,020 €1,384 €1,060 €1,331 €1,647 €1,388 €1,743 €1,959 €2,751 €3,454 €2,242 €2,918 €3,664 €2,383
Louth €588 €739 €1,199 €767 €963 €1,426 €1,004 €1,261 €1,697 €1,991 €2,500 €1,941 €2,112 €2,652 €2,064
Longford €363 €456 €905 €474 €595 €1,076 €620 €779 €1,280 €1,230 €1,544 €1,465 €1,304 €1,638 €1,557
Oaly €496 €623 €1,052 €647 €813 €1,252 €847 €1,064 €1,489 €1,679 €2,109 €1,704 €1,781 €2,237 €1,811
Westmeath €533 €669 €1,071 €695 €873 €1,274 €910 €1,143 €1,516 €1,804 €2,265 €1,734 €1,913 €2,402 €1,843
Laois €493 €619 €1,019 €643 €808 €1,212 €842 €1,058 €1,442 €1,669 €2,096 €1,650 €1,770 €2,223 €1,754
Carlow €495 €621 €1,036 €645 €810 €1,233 €845 €1,061 €1,466 €1,675 €2,103 €1,678 €1,776 €2,231 €1,784
Kilkenny €549 €690 €1,052 €717 €900 €1,251 €938 €1,179 €1,489 €1,860 €2,336 €1,704 €1,973 €2,478 €1,811
Wexford €521 €654 €943 €679 €853 €1,122 €889 €1,117 €1,335 €1,763 €2,213 €1,527 €1,870 €2,348 €1,624
Waterford Co €626 €787 €1,100 €688 €865 €1,306 €936 €1,175 €1,524 €1,898 €2,384 €1,752 €1,940 €2,437 €1,860
Kerry €552 €693 €978 €607 €762 €1,162 €824 €1,035 €1,356 €1,672 €2,100 €1,558 €1,709 €2,147 €1,655
Cork Co €598 €751 €1,062 €657 €826 €1,262 €894 €1,122 €1,472 €1,813 €2,276 €1,692 €1,853 €2,327 €1,797
Clare €523 €657 €970 €575 €722 €1,152 €781 €981 €1,344 €1,585 €1,990 €1,545 €1,620 €2,034 €1,641
Limerick Co €510 €641 €1,073 €561 €704 €1,274 €762 €957 €1,486 €1,546 €1,941 €1,708 €1,580 €1,984 €1,814
Tipperary €504 €633 €969 €554 €696 €1,151 €753 €946 €1,343 €1,528 €1,919 €1,544 €1,562 €1,961 €1,639
Galway Co €496 €623 €1,005 €595 €748 €1,170 €768 €964 €1,374 €1,511 €1,898 €1,500 €1,532 €1,924 €1,651
Mayo €409 €514 €849 €492 €617 €988 €634 €796 €1,161 €1,248 €1,567 €1,267 €1,265 €1,589 €1,394
Roscommon €383 €481 €864 €460 €578 €1,005 €593 €745 €1,181 €1,167 €1,466 €1,289 €1,183 €1,486 €1,419
Sligo €429 €539 €883 €515 €647 €1,028 €664 €834 €1,208 €1,307 €1,641 €1,318 €1,325 €1,664 €1,451
Leitrim €374 €469 €798 €448 €563 €929 €578 €726 €1,091 €1,138 €1,429 €1,191 €1,154 €1,449 €1,311
Donegal €406 €510 €765 €487 €612 €890 €628 €789 €1,045 €1,236 €1,553 €1,141 €1,254 €1,574 €1,256
Cavan €394 €495 €857 €473 €594 €998 €610 €766 €1,172 €1,200 €1,507 €1,279 €1,217 €1,528 €1,408
Monaghan €430 €539 €841 €516 €648 €979 €665 €835 €1,150 €1,309 €1,644 €1,255 €1,327 €1,666 €1,382
20 | The Daft.ie Rental Price Report – 2025 Q1
2.4% increase in Q1
Market rents in Dublin rose
by 2.4% on average in the rst
quarter of 2025, the largest
quarterly rise in over two years.
Ination creeps up
Compared to a year ago, rents in
the rst quarter were 5.8% higher
in Dublin - a more than doubling of
ination since this time last year.
Dublin
Rent-a-Room Trends
Rent up in Q1
5.8%
SINGLE BEDROOM
€799
€735
€735
€716
€756
€695
-1.5%
4.0%
2.9%
2.3%
2.7%
2.2%
AREAS AVG. RENT % CHANGE YoY
€874
€823
€831
€805
€829
€804
0.6%
1.5%
2.3%
4.3%
1.7%
2.3%
AVG. RENT % CHANGE YoY
Dublin City Centre
North Dublin City
South Dublin City
North Co. Dublin
South Co. Dublin
West Co. Dublin
DOUBLE BEDROOM
North City
Average price: €350,325
Qtr-on-qtr change: 3.8%
Year-on-year change: 4.6%
Change from trough: 77.7%
City Centre
Average price: €2,121
Qtr-on-qtr change: 3.8%
Year-on-year change: 13.4%
Change from trough: 115%
South City
Average price: €421,555
Qtr-on-qtr change: 3.5%
Year-on-year change: 4.2%
Change from trough: 73.3%
North County
Average price: €324,644
Qtr-on-qtr change: 4.1%
Year-on-year change: 4.2%
Change from trough: 59.3%
West County
Average price: €310,587
Qtr-on-qtr change: 3.2%
Year-on-year change: 1.3%
Change from trough: 67.1%
South County
Average price: €608,549
Qtr-on-qtr change: 3.0%
Year-on-year change: 3.7%
Change from trough: 75.8%
North County
Average rent: €2,371
Qtr-on-qtr change: 2.6%
Year-on-year change: 7.2%
Change from pre-covid: 43%
West County
Average rent: €2,461
Qtr-on-qtr change: 2.5%
Year-on-year change: 8.5%
Change from pre-covid: 39%
South County
Average rent: €2,794
Qtr-on-qtr change: 2.6%
Year-on-year change: 5.9%
Change from pre-covid: 33%
North City
Average rent: €2,497
Qtr-on-qtr change: 2.3%
Year-on-year change: 7%
Change from pre-covid: 35%
City Centre
Average rent: €2,470
Qtr-on-qtr change: 2.3%
Year-on-year change: 4.7%
Change from pre-covid: 28%
South City
Average rent: €2,620
Qtr-on-qtr change: 2.3%
Year-on-year change: 5.2%
Change from pre-covid: 30%
The Daft.ie Rental Price Report – 2025 Q1 | 21
Availability down 7%
There were 1,450 homes available to
rent in Dublin on May 1st, down 7% on
the same date a year previously and
largely in line with May gures over the
last ten years.
Room rents up 2%
The cost of renting a room in Dublin
was roughly 2% higher on average in
the rst quarter of 2025 than a year
earlier.
2%
Dublin Stock Flow Figures
Stock (lhs) Inflow (rhs)Outflow (rhs)
20242023202220212020201920182017201620152014201320122011 2025
10,000
8,000
6,000
4,000
2,000
0
Leinster
Q1 rebound
22 | The Daft.ie Rental Price Report – 2025 Q1
4.1% up in Q1
Having fallen 1.7% in Q4, market
rents in Leinster (outside Dublin)
rose by 4.1% on average in the rst
quarter of 2025.
5% up year-on-year
Compared to a year ago, market
rents in Leinster in the rst quarter
were 5.3% higher, less than half the
rate of a year ago.
Rent-a-Room Trends
SINGLE BEDROOM
€622
€514
€563
2.2%
-2.3%
1.4%
AREAS AVG. RENT % CHANGE YoY
€722
€602
€615
3.9%
5.8%
5.4%
AVG. RENT % CHANGE YoY
Dublin Commuter Counties
West Leinster
South-East Leinster
DOUBLE BEDROOM
5%
The Daft.ie Rental Price Report – 2025 Q1 | 23
Louth
A
verage Pr
i
ce:
€
22
0
,27
2
Qtr-on-qtr c
h
ange:
2
.
3%
Y
ear-on-year c
h
ange:
4
.9
%
C
hange
f
rom trough: 7
2
.7
%
M
eath
A
verage Pr
i
ce:
€
268,83
4
Qtr-on-qtr c
h
ange:
2
.5
%
Y
ear-on-year c
h
ange: 7.
0
%
C
hange from trough: 79.
0%
K
ilda
r
e
A
verage Price:
€
266,43
0
Qtr-on-
q
tr chan
g
e:
1.
7%
Y
ear-on-year c
h
ange:
3
.9%
C
hange from trough:
6
9.9
%
W
icklow
A
verage Pr
i
ce:
€
339,55
9
Qtr-on-
q
tr chan
g
e:
1
.7%
Y
ear-on-year c
h
ange:
4
.6%
C
hange from trough:
6
7.
0%
W
e
xf
o
r
d
A
verage Price:
€
209,96
9
Qtr-on-
q
tr chan
g
e:
1.
5%
Y
ear-on-
y
ear chan
g
e: 5
.
2%
C
hange from trough:
6
8
.
0
%
Lon
g
ford
A
verage Pr
i
ce:
€
142,5
01
Qtr-on-qtr c
h
ange:
4
.
0
%
Y
ear-on-year c
h
ange:
10
.
0%
C
hange
f
rom trough:
6
9.1
%
Westmeat
h
A
verage Pr
i
ce:
€
2
0
4,72
9
Qtr-on-qtr c
h
ange:
2
.1
%
Y
ear-on-year c
h
ange:
8
.6
%
C
hange from trough: 7
3
.4
%
Offaly
A
verage Price:
€
188,80
8
Qtr-on-
q
tr chan
g
e:
1.
1%
Y
ear-on-year c
h
ange:
6
.9%
C
hange from trough: 56.3
%
Lao
i
s
A
verage Pr
i
ce:
€
1
8
1,14
9
Qtr-on-
q
tr chan
g
e:
2
.5%
Y
ear-on-year c
h
ange:
9
.4%
C
hange from trough: 74.7
%
Kilkenn
y
A
verage Price:
€
224,16
1
Qtr-on-
q
tr chan
g
e:
1.
4%
Y
ear-on-
y
ear chan
g
e:
4.
8%
C
hange from trough:
6
9
.
4
%
C
arlow
Average Pr
i
ce:
€
193,71
1
Qtr-on-qtr c
h
ange:
2
.1
%
Year-on-year c
h
ange:
10
.4
%
F
rom troug
h
:
6
5.5
%
Longford
Average rent: €1,400
Qtr-on-qtr change: 3.5%
Year-on-year change: 6.2%
Change from pre-covid: 90%
Westmeath
Average rent: €1,683
Qtr-on-qtr change: 3.7%
Year-on-year change: 4.8%
Change from pre-covid: 65%
Oaly
Average rent: €1,642
Qtr-on-qtr change: 5.7%
Year-on-year change: 7.2%
Change from pre-covid: 74%
Laois
Average rent: €1,598
Qtr-on-qtr change: 4.4%
Year-on-year change: 4.2%
Change from pre-covid: 59%
Kilkenny
Average rent: €1,675
Qtr-on-qtr change: 5.4%
Year-on-year change: 10.2%
Change from pre-covid: 67%
Carlow
Average rent: €1,649
Qtr-on-qtr change: 5.9%
Year-on-year change: 10.9%
Change from pre-covid: 66%
Louth
Average rent: €1,869
Qtr-on-qtr change: 4.3%
Year-on-year change: 6.4%
Change from pre-covid: 49%
Meath
Average rent: €1,979
Qtr-on-qtr change: 3.7%
Year-on-year change: 3.5%
Change from pre-covid: 46%
Kildare
Average rent: €2,039
Qtr-on-qtr change: 3.7%
Year-on-year change: 4.7%
Change from pre-covid: 49%
Wicklow
Average rent: €2,106
Qtr-on-qtr change: 4%
Year-on-year change: 4.9%
Change from pre-covid: 47%
Wexford
Average rent: €1,479
Qtr-on-qtr change: 3.9%
Year-on-year change: 4.4%
Change from pre-covid: 71%
Availability down 24%
There were fewer than 400 homes
available to rent in Leinster (outside
Dublin) on May 1st, down 24% on the
same date a year previously and half the
2015-2019 average.
Room rents up 3%
The cost of renting a room in Leinster
was roughly 2.7% higher on average
in the rst quarter of 2025 than a year
earlier.
Leinster Stock Flow Figures
2025
400
Stock (lhs) Inflow (rhs)Outflow (rhs)
20242023202220212020201920182017201620152014201320122011 2025
10,000
8,000
6,000
4,000
2,000
0
Munster
Q1 Jump in rent
24 | The Daft.ie Rental Price Report – 2025 Q1
Rents up 5% in Q1
Market rents in Munster rose by 4.7%
on average in the rst quarter of 2025,
the largest quarterly increase in the
province on record.
Double-digit ination
Compared to a year ago, rents in
the rst quarter were 12.6% higher
in Munster - in line with the rate of
infation 18 months ago.
Rent-a-Room Trends
SINGLE BEDROOM
€622
€618
€598
€564
€581
€492
€525
-0.8%
-0.5%
5.8%
-6.0%
2.8%
1.0%
7.1%
AREAS AVG. RENT % CHANGE YoY
€743
€714
€690
€733
€665
€609
€578
1.5%
6.1%
2.2%
2.4%
4.2%
1.2%
1.8%
AVG. RENT % CHANGE YoY
Cork City Centre
Cork City Suburbs
Cork Commuter Towns
Limerick City Centre
Limerick City Suburbs
Waterford City Centre
Rest of Munster
DOUBLE BEDROOM
12.6%
Clare
Average rent: €1,503
Qtr-on-qtr change: 3.7%
Year-on-year change: 10.4%
Change from pre-covid: 70%
Limerick County
Average rent: €1,704
Qtr-on-qtr change: 4%
Year-on-year change: 15.5%
Change from pre-covid: 83%
Kerry
Average rent: €1,514
Qtr-on-qtr change: 5%
Year-on-year change: 12.9%
Change from pre-covid: 72%
Cork County
Average rent: €1,621
Qtr-on-qtr change: 4.2%
Year-on-year change: 10%
Change from pre-covid: 56% Cork City
Average rent: €2,213
Qtr-on-qtr change: 5.5%
Year-on-year change: 13.6%
Change from pre-covid: 58%
Tipperary
Average rent: €1,494
Qtr-on-qtr change: 4%
Year-on-year change: 14.2%
Change from pre-covid: 73%
Limerick City
Average rent: €2,405
Qtr-on-qtr change: 5.9%
Year-on-year change: 20.4%
Change from pre-covid: 95%
Waterford County
Average rent: €1,704
Qtr-on-qtr change: 3.6%
Year-on-year change: 12 .1%
Change from pre-covid: 76%
Waterford City
Average rent: €1,735
Qtr-on-qtr change: 5.1%
Year-on-year change: 9.9%
Change from pre-covid: 69%
The Daft.ie Rental Price Report – 2025 Q1 | 25
Availability down 14%
There were 275 homes available to rent in
Munster on May 1st, down 14% on the same
date a year previously and down nearly three
quarters from the 2015-2019 average.
Room rents up 2%
The cost of renting a room in Munster
was roughly 2% higher on average in
the rst quarter of 2025 than a year
earlier.
2025
275
Munster Stock Flow Figures
Stock (lhs) Inflow (rhs)Outflow (rhs)
20242023202220212020201920182017201620152014201320122011 2025
10,000
8,000
6,000
4,000
2,000
0
Connacht/Ulster
Q1 Jump
Rents up 4% in Q1
Market rents in Connacht-Ulster rose
by 3.9% on average in the rst quarter
of 2025, the 19th consecutive quarter
of rising rents.
Up 7% yearly
Compared to a year ago, rents in
the rst quarter were 6.9% higher in
Connacht-Ulster - the lowest rate of
ination in four years.
26 | The Daft.ie Rental Price Report – 2025 Q1
Rent-a-Room Trends
SINGLE BEDROOM
€634
€596
€484
€529
-1.7%
0.3%
-4.9%
14.0%
AREAS AVG. RENT % CHANGE YoY
€743
€672
€553
€541
36.6%
38.8%
2.5%
5.1%
AVG. RENT % CHANGE YoY
Galway City Centre
Galway City Suburbs
Connacht
Ulster
DOUBLE BEDROOM
4%
Leitrim
Average Price: €137,038
Qtr-on-qtr change: 1.8%
Year-on-year change: 10.9%
Change from trough: 59.5%
Monaghan
Average Price: €174,870
Qtr-on-qtr change: 3.3%
Year-on-year change: 6.5%
Change from trough: 53.2%
Cavan
Average Price: €162,757
Qtr-on-qtr change: 3.9%
Year-on-year change: 10.2%
Change from trough: 58.4%
Roscommon
Average Price: €145,652
Qtr-on-qtr change: 4.9%
Year-on-year change: 9.0%
Change from trough: 58.9%
Donegal
Average Price: €145,691
Qtr-on-qtr change: 1.5%
Year-on-year change: 4.5%
Change from trough: 28.2%
Sligo
Average Price: €142,936
Qtr-on-qtr change: 3.5%
Year-on-year change: 7.2%
Change from trough: 36.0%
Mayo
Average Price: €156,147
Qtr-on-qtr change: 1.2%
Year-on-year change: 7.4%
Change from trough: 40.3%
Galway City
Average Price: €300,457
Qtr-on-qtr change: 3.4%
Year-on-year change: 9.9%
Change from trough: 87.1%
Galway County
Average Price: €201,542
Qtr-on-qtr change: 1.9%
Year-on-year change: 4.0%
Change from trough: 59.3%
Availability down 35%
There were fewer than 200 homes available to
rent in Connacht-Ulster on May 1st, down 35%
on the same date a year previously and just one
quarter of the 2015-2019 average.
Room rents up 11%
The cost of renting a room in
Connacht-Ulster was roughly 11%
higher on average in the rst quarter
of 2025 than a year earlier.
The Daft.ie Rental Price Report – 2025 Q1 | 27
Donegal
Average rent: €1,231
Qtr-on-qtr change: 3.9%
Year-on-year change: 3.1%
Change from pre-covid: 90%
Sligo
Average rent: €1,398
Qtr-on-qtr change: 4%
Year-on-year change: 6.3%
Change from pre-covid: 81%
Mayo
Average rent: €1,376
Qtr-on-qtr change: 4.1%
Year-on-year change: 3.6%
Change from pre-covid: 88%
Galway City
Average rent: €2,304
Qtr-on-qtr change: 4.8%
Year-on-year change: 12.6%
Change from pre-covid: 71%
Leitrim
Average rent: €1,234
Qtr-on-qtr change: 4%
Year-on-year change: 11.4%
Change from pre-covid: 106%
Monaghan
Average rent: €1,340
Qtr-on-qtr change: 3.2%
Year-on-year change: 5.6%
Change from pre-covid: 71%
Cavan
Average rent: €1,409
Qtr-on-qtr change: 2.4%
Year-on-year change: 4.1%
Change from pre-covid: 88%
Roscommon
Average rent: €1,417
Qtr-on-qtr change: 4.1%
Year-on-year change: 6.9%
Change from pre-covid: 98%
Galway County
Average rent: €1,659
Qtr-on-qtr change: 3%
Year-on-year change: 5.7%
Change from pre-covid: 80%
2025
200
Connacht/Ulster Stock Flow Figures
Stock (lhs) Inflow (rhs)Outflow (rhs)
20242023202220212020201920182017201620152014201320122011 2025
10,000
8,000
6,000
4,000
2,000
0
Over the last 20 years,
Daft.ie has collected a vast
amount of data on the
Irish property market. In
2018 alone, over 140,000
properties for sale or rent
were advertised on the site.
About the Report
The goal of the Daft Report is to use this information
to help all actors in the property market make
informed decisions about buying and selling. In
addition, because it is freely available, the Daft
Report can help inform the media, the general public
and policymakers about the latest developments in
the property market.
This is the Daft.ie Rental Report, the partner to
the Daft.ie House Price Report, which was issued
last month. Together, they give house-hunters and
investors more information to help them make their
decisions. These twin reports mean that Daft is the
only objective monitor of trends in both rental and
sales markets on a quarterly basis, making the report
an essential barometer for anyone with an interest in
the Irish property market.
The Daft Report was rst launched in 2005. It has
become the denitive barometer of the Irish rental
market and is being used by the Central Bank,
mortgage institutions, nancial analysts and the
general public alike. The Daft.ie House Price report
is Ireland’s longest-running house price report,
combining information from the Daft.ie archives with
data from Ireland’s Residential Property Price
Register.
Methodology and Sample Size
The statistics are based on properties advertised on
Daft.ie for a given period. The regressions used are
hedonic price regressions, accounting for all available
and measurable attributes of properties, with a
Cooks Distance lter for outliers.
The average annual sample size for lettings
properties is 60,000. Indices are based on standard
methods, holding the mix of characteristics constant,
with the annual average of 2016 used as the base.
For more on the methodology, please see
www.daft.ie/research.
About Daft.ie
Daft.ie is Ireland’s largest property website. The latest
audited report from ABC (Sep 2011) shows monthly
trac of 130 million page impressions (pages of
information received) and 1.976 million unique users
per month across Daft Media’s property websites
(daft.ie, rent.ie, let.ie, property.ie). This makes
Daft.ie the biggest property website in Ireland across
all demographics.
Disclaimer
The Daft.ie Report is prepared from information that
we believe is collated with care, but we do not make
any statement as to its accuracy or completeness.
We reserve the right to vary our methodology and
to edit or discontinue the indices, snapshots or
analysis at any time for regulatory or other reasons.
Persons seeking to place reliance on any information
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commercial purposes do so at their own risk.
Credits
Economic Analysis: Ronan Lyons & Tom Gillespie.
Marketing and Communications: Laura Barry &
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Layout and Design: Kevin Gannon.
28 | The Daft.ie Rental Price Report – 2025 Q1
Coming next:
The Daft.ie Sales
Report Q2 2025
The next Daft.ie House Price Report will be published in late June and will include a review of the
performance of Ireland’s sales market, plus all the usual indices, snapshots, trends and transactions analysis,
providing analysts, buyers, sellers and the public with the most up-to-date information on Ireland’s sales
market.
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