Rents in the open market rose by a further 1.6% in Ireland during Q2 2025 according to the latest report from Daft.ie.
Following the increases seen during the previous three quarters, rental inflation remains ‘stubbornly high’, with market rents on average 6.9% higher than 12 months ago and effectively in line with the average for the previous seven quarters (7.2%).
Ronan Lyons, Associate Professor in Economics Trinity College Dublin, said: “The upward march of rents continues, as availability shows little sign of improving. As has been the case for almost fifteen years, the solution to a deficit of rental housing is ensuring more rental housing gets built.”
Inflation in Dublin is at 6.5%, its highest rate in two years, while inflation elsewhere is at 7.3%, down from 13% in mid-2023. The gap between rental inflation in Dublin and elsewhere is now at its smallest in almost three years.
The total number of properties available to rent on August 1st 2025 was just under 2,300, down 15% on the same date a year ago and the fourth consecutive quarter of falling availability.
