Average rent over €1,200 per month

In Dublin, rents are now 32% higher than the Celtic Tiger peak and less than 10% of new tenancies were for under €1,000 per month.

The average rent in Ireland rose to over €1,200 per month last year, with renters in seven counties spending more than €1,000 monthly.

The average rent rose by 6.4% in 2019, according to the Residential Tenancies Board (RTB) rent index — the lowest annual increase since 2014.