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flag Irish rents surge, with Dublin averaging €2,481 monthly, driven by housing shortages.

flag Irish rents increased by 5.7% in 2024, with Dublin averaging €2,481 per month, up 4% from last year. flag Cork, Galway, and Limerick saw significant increases of 10%, 9.9%, and 19% respectively. flag The overall average rent is 43% higher than pre-pandemic levels. flag The shortage of rental housing is driving up costs, and the Irish government is considering reforms to rent pressure zones introduced in 2016 to control rising rents. flag Report author Ronan Lyons calls for significant reforms and increased rental housing construction.

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