Latest Report From Daft.ie Show Market Rents In Wicklow Have Risen By 8.3%

Market rents in Dublin's commuter counties rose 8.9% year-on-year, down from 11.7% earlier in the year.

The on-going increase in rents reflects very tight availability, with fewer than 270 homes available to rent on November 1st, down 14% year-on-year and roughly half the late 2010s average.

In Wicklow, market rents were on average 8.3% higher in the third quarter of 2024 than a year previously.

The average listed rent is now €2063, up 44% from the level seen during the Covid19 pandemic.

Nationwide, market rents rose by an average of 1.7% in the third quarter of 2024, according to the latest Rental Report by Daft.ie, marking the fifteenth consecutive quarter in which rents nationwide have increased.

The average open-market rent nationwide in the third quarter of the year was €1,955 per month, up 7.2% year-on-year and 43% higher than before the outbreak of covid19.

After 18 months of improving availability, the number of homes available to rent on the open market is falling.

On November 1st, there were just over 2,400 homes available to rent across the country, down 14% on the same date a year previously and well below the 2015-2019 average of almost 4,400.