Average monthly rent for three bedroom home rises to €1,527

Market rents are on the rise again in the county, the most recent report from Daft.ie shows.

The typical open-market rent for a three-bedroom house in the county now stands at €1,527, an increase of 3.7% when compared to last year.

The average monthly rent for a two-bed apartment is €1,393, an increase of 14.3% while monthly rent for a two-bed house increased by 28.6% to €1,502.

There was a slight decrease of 6.3% in monthly rent for a four bedroom house, with the report showing average monthly rent was €1,524 for the opening quarter of the year.

Average room rent reflected the trend of increasing monthly costs, with a double room averaging €584 monthly, a double room with an ensuite rising to €596 and a single room increasing to €523.

Daft.ie reported that Q1 of 2026 was the largest quarterly increase in rent since March 2002 as the national average increased by 4.4% between December and March.

Just under 2,500 homes were available to rent in the country as of May 1st, up from over 2,300 when compared to last year and a big increase on the fewer than 1,800 rentable homes listed just three months ago.

Commenting on the report, its author Ronan Lyons, Professor in Economics at Trinity College Dublin said, “The first data following the introduction of new rent controls show a sharp increase in rents, alongside a more modest and potentially temporary increase in rental availability.” 

He added, “The ability to reset rents between tenancies appears to have led to a step-change in rents, with the largest quarterly increase in rents on record.

“The goal of changing the rules, to increase the supply of rental homes and thereby improve affordability for tenants, depends on whether new rental housing is built,” he said.