The average rental costs across Ireland increased steadily over the past decade. The National Rent Index, using the 2012 average rental prices as its baseline, reached ***** index points in June 2024. That was an increase of **** index points from the same period the year before. Across the country, rents increased the most in Longford, Laois, and Kilkenny between the second quarter of 2023 and the second quarter of 2024.

In the second quarter of 2024, Dublin stood out with the highest average residential rent in Ireland. The average rent in the city center was ***** euros a month. Wicklow took the second spot with a rent of ***** euros per month. Other counties in the top five were Kildare, Meath, and Louth with an average rent range of ***** to ***** euros. In contrast, Leitrim emerged as the most budget-friendly county, with an average monthly rent of ***** euros. Additionally, Donegal, Monaghan,Sligo, and Mayo joined the ranks of the top five most affordable counties, boasting average rents ranging from ***** to ***** euros. Overall, residential real estate in most Irish counties measured a double-digit annual increase in rental costs in the second quarter of 2024.

Price to Rent Ratio in Ireland increased to 112.11 in the first quarter of 2025 from 111.35 in the fourth quarter of 2024. This dataset includes a chart with historical data for Ireland Price to Rent Ratio.

Ireland IE: Price to Rent Ratio: sa data was reported at 111.339 2015=100 in Dec 2024. This records an increase from the previous number of 110.118 2015=100 for Sep 2024. Ireland IE: Price to Rent Ratio: sa data is updated quarterly, averaging 71.365 2015=100 from Mar 1970 (Median) to Dec 2024, with 220 observations. The data reached an all-time high of 181.775 2015=100 in Dec 2005 and a record low of 26.556 2015=100 in Mar 1973. Ireland IE: Price to Rent Ratio: sa data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Ireland – Table IE.OECD.AHPI: House Price Index: Seasonally Adjusted: OECD Member: Quarterly. Nominal house prices divided by rent price indices

In the second quarter of 2024, Galway had the highest residential rent amongst major cities in Ireland. Properties in Galway on average were in the range of ***** to ***** euros, depending upon the size of the property. Limerick was the second most expensive city, with homes ranging from ***** to ***** euros. In contrast, Waterford stood out as the most affordable city compared to others, with properties available at rates ranging from *** to ***** euros. In Dublin, the average rent for a two-bedroom apartment ranged between ***** and ***** euros, depending on the area.

Graph and download economic data for Harmonized Index of Consumer Prices: Actual Rentals for Housing for Ireland (CP0410IEM086NEST) from Jan 1996 to Jun 2025 about Ireland, harmonized, rent, CPI, housing, price index, indexes, and price.

During the second quarter of 2024, Dublin City Center stood out for having the highest average price for renting a room in Ireland. The average rent for a room in Dublin city center was *** for a room with a single bed and *** for a room with a double bed. In contrast, Ulster and Connacht were the most affordable regions, with an average rent in the range of *** euros for a single bedroom and *** euros for a double bedroom. The Irish rental market has grown dramatically in the past decade, with rental costs increasing more than double since 2012.

The house price to rent ratio in Ireland has been on a downward trend since 2022, and in the third quarter of 2023, it reached the lowest value recorded since 2017. The house price to rent ratio is calculated by dividing the nominal house prices by rent prices, with 2015 chosen as a base value when the index amounted to 100. An increase in the index value shows that house prices have risen faster than rents, while a decline suggests that rental growth has outpaced house prices appreciation. Ireland's house price to rent ratio averaged above that of the OECD average.

Description: This data provides a range of statistics on residential rental prices. Data is available on average rental prices (€ per month) for property types by bedroom size – all bedrooms and then 1 to 4 bedrooms.The RTB Rent Index is the most accurate and authoritative report of its kind on the private rental sector in Ireland. The index is based on the RTB’s national register of tenancies and captures actual rents being paid for rented properties, rather than asking prices. The RTB Average Rent Dataset reports on the average rent in a number of locations around the country. The dashboards provide an annual view of transactions from 2008 to 2022.Geography available in RDM: State, Regional Assembly and Strategic Planning Area (SPA), County (26), Key Settlements.Source: Residential Tenancies Board (RTB)Weblink: https://data.cso.ie/table/RIQ02Date of last source data update: August 2023Update Schedule: Annual

The rental costs per square meter of prime office spaces in Dublin, Ireland increased for the second year in a row in 2023. As of the second quarter of the year, the monthly rent of prime offices stood at 58.3 euros per square meter.

Graph and download economic data for Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Actual Rentals for Housing: Total for Ireland (IRLCP040100GPQ) from Q2 1990 to Q3 2023 about Ireland, water, fuels, electricity, rent, gas, CPI, price index, indexes, and price.

Graph and download economic data for Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Actual Rentals for Housing for Ireland (IRLCPHP0401GYM) from Jan 1997 to Mar 2025 about Ireland, water, fuels, electricity, rent, and gas.

Graph and download economic data for Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Actual Rentals for Housing for Ireland (IRLCP040100IXOBQ) from Q1 1990 to Q1 2025 about Ireland, water, fuels, electricity, rent, gas, CPI, price index, indexes, and price.

Ireland - Harmonised index of consumer prices (HICP): Actual rentals for housing was 173.40 points in June of 2025, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Ireland - Harmonised index of consumer prices (HICP): Actual rentals for housing - last updated from the EUROSTAT on July of 2025. Historically, Ireland - Harmonised index of consumer prices (HICP): Actual rentals for housing reached a record high of 173.40 points in June of 2025 and a record low of 51.80 points in January of 1996.

In the second quarter of 2024, Dublin 2 stood out with the highest average residential rent for a two-bedroom apartment in Dublin. The mean rental costs in Dublin 2 were ***** euros a month. Dublin 4 took the second spot with a rent of ***** euros per month. Other regions in Dublin in the top five were Dublin 1, Dublin 6, and South Co Dublin, boasting average rents ranging from ***** to ***** euros. Conversely, West Dublin emerged as the most affordable area, boasting an average monthly rent of ***** euros. Furthermore, Dublin 24, Dublin 22, North Co Dublin, and Dublin 15 joined the ranks of the top five most cost-effective districts in Dublin, with average rental charges ranging from ***** to ***** euros. Dublin is the most expensive rental market, followed by Wicklow and Kildare.

Aggregate weights information used in the production of the Price Index of Private Rents (PIPR) for the UK, and Index of Private Housing Rental Prices for Northern Ireland.

Personal and household goods rental and leasing revenue is forecast to contract at a compound annual rate of 3.7% over the five years through 2024 to €23.9 billion, including an estimated drop of 0.3% in 2024. As technology and appliances become more affordable, consumers and businesses increasingly prefer owning rather than renting. The trend against rentals is robust in countries like Poland and Italy, which have the lowest EU prices on home appliances and electronics. However, the rental market remains viable for short-term needs such as those of international students, accounting for a significant portion of rentals in countries like Germany, France and the Netherlands. In response to changing consumer tastes, rental companies now offer rent-to-own schemes that allow consumers to purchase rented equipment at a reduced price. While the profitability of the rental industry has suffered due to lower electronics prices and increased sourcing from low-cost countries, rental companies have sustained their profit through multiple rentals over the lifespan of their equipment. Revenue is forecast to expand at a compound annual rate of 5.7% over the five years through 2029 to €31.6 billion, while the average profit margin is expected to shrink. Major electronic retailers are cutting prices to boost competitiveness, threatening income. Technological advancements reducing the life cycle of electronics, coupled with a solid economic climate in Germany, promise higher disposable incomes and increased consumption. Higher sales of electronic goods will make electronic appliances more accessible to a broader consumer base and impact the growth of the rental sector.

Ireland - Harmonised index of consumer prices (HICP): Repair, leasing and rental of major tools and equipment was 114.60 points in June of 2025, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Ireland - Harmonised index of consumer prices (HICP): Repair, leasing and rental of major tools and equipment - last updated from the EUROSTAT on July of 2025. Historically, Ireland - Harmonised index of consumer prices (HICP): Repair, leasing and rental of major tools and equipment reached a record high of 114.60 points in June of 2025 and a record low of 101.60 points in April of 2021.

Population levels, housing and rental prices and transaction and letting volumes are the biggest drivers of estate agents' performance. Although strong house and rental price growth has supported revenue in recent years, the COVID-19 outbreak created many challenges for estate agents – lockdown restrictions meant home moves were out of the question, rendering estate agents redundant for months. As a result, revenue is expected to fall at a compound annual rate of 1.6% over the five years through 2024 to €4.2 billion. However, it’s slated to edge upwards by 0.6% in 2024. Rising house prices have increased the commission estate agents earn from each property sale, propping up their finances, but this hasn’t been enough to counteract the effects of COVID-19. Many people and businesses postponed purchasing or leasing properties during the pandemic, while estate agents were unable to conduct physical viewings. This means transactions and letting volume took steep hit, putting a huge dent in agent’s revenue and profit. The lifting of restrictions paved the way for growth in letting and transaction values and volumes, driving a recovery in estate agents’ finances. Following this, though, increased interest rates during the cost-of-living crisis raised borrowing costs and hit transaction volumes. Interest rates are falling in 2024, which will reignite property transactions as borrowing costs fall, supporting growth in estate agents’ revenue and profit. Revenue is forecast to swell at a compound annual rate of 2.5% over the five years through 2029 to €4.8 billion. Strong demand for residential property and climbing foreign direct investment will create ample opportunities for estate agents to expand. The relocation of many international services companies out of the UK and into Ireland will lead to a stronger property market, boosting demand and revenue. Estate agents will also see their profit rise thanks to the increasing adoption of software technology, such as AI, to automate many labour-intensive functions.

Ireland IE: Forest Rents: % of GDP data was reported at 0.014 % in 2016. This records an increase from the previous number of 0.013 % for 2015. Ireland IE: Forest Rents: % of GDP data is updated yearly, averaging 0.031 % from Dec 1970 (Median) to 2016, with 47 observations. The data reached an all-time high of 0.067 % in 1985 and a record low of 0.013 % in 2008. Ireland IE: Forest Rents: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Ireland – Table IE.World Bank: Land Use, Protected Areas and National Wealth. Forest rents are roundwood harvest times the product of regional prices and a regional rental rate.; ; World Bank staff estimates based on sources and methods described in 'The Changing Wealth of Nations 2018: Building a Sustainable Future' (Lange et al 2018).; Weighted Average;