The RTB Rent Index Quarter 3, 2021
The Rent Index is produced by the Residential Tenancies Board (RTB) and the Economic and Social Research Institute (ESRI). It provides rental indicators (such as the Rent Index) generated to track price developments in the Irish market.
RTB Rent Index Shows 8.3% Annual Increase in National Rent Price in Q3 2021. Nationally, rents grew by 8.3% year-on-year in Q3 2021. This is the highest national growth rate seen since Q4 2017. The national standardised average rent stood at €1,397 in Q3 2021, an increase of €44 compared to the previous quarter. Dublin remained the county with the highest standardised average rent, at €1,916 per month while the lowest standardised average rent was seen in Leitrim, at €731 per month. There was a 31% fall in the number of tenancies registered nationally when compared to Q3 2019. Twelve counties now have standardised average rents above €1,000 per month.
The report is available here.
View previous reports here.