Rents have risen by an average of 3.4% across the country in the first three months of the year. The average monthly asking price has risen above €2,000 for the first time, according to the latest daft.ie report. Rents rose by 11.4% in Leitrim, 6.9% in Roscommon and 6.2% in Longford in the first three months of 2025. The average open-market rent across the country in the first quarter of 2025 was €2,053 per month, up from a low of just €765 in 2011.
This is 48% higher than before the outbreak of Covid-19. In the year to March, market rents rose by 5.8% in Dublin and by 8.6% elsewhere, the smallest gap in inflation rates in two years. In Waterford, market rents in March were up 9.9% year-on-year, while in Cork and Galway cities, they were up 13.6% and 12.6% respectively. But once again, Limerick has seen the largest increases, with rents up over a fifth year-on-year.
