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flag Ireland's average monthly rent hits €2,055, with Dublin and other cities seeing steep increases.

flag Average monthly rent in Ireland now stands at €2,055, marking an 18-quarter streak of increases and a 51% hike since pre-pandemic levels. flag Dublin's rents have risen by 6.5%, while other cities like Galway and Cork saw jumps of 8.5% and 11.8%, respectively. flag The number of available rental homes has dropped by 14% year-on-year to almost 2,300, highlighting a severe housing shortage. flag The government has begun easing rent controls, but significant relief is not expected until supply issues are addressed, likely several years from now.

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