'The picture remains unchanged': Rents in Clare rise as housing market is 'starved of supply'

The average rent of a three bedroom house is Clare is now up 10.6% compared to the same time last year, a Daft.ie report has revealed. 

With the average rent now being €1653 for a home of this stature, it was also reported that nationally, market rents rose by an average of 1.7% in the third quarter of 2025, according to the latest Rental Report. 

This marks the eighteenth consecutive quarter of rising rents. 

Now, market rents are one third higher than their pre-covid levels and two thirds higher than their Celtic Tiger peak in late 2007. The average monthly rent for a two-bedroom apartment nationwide, between June and September, was €2,080.

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More specifically in Clare, the rent of a two-bed apartment now costs on average €1,334 a month. As well as this, the typical monthly cost of a double-room in a house is €605 in the county. 

There were just over 1,900 homes available to rent nationwide on November 1. This is down 21% year-on-year and less than half the average for the 2015-2019 period.

The report shows that rental inflation remains lower in Dublin than the national average, with prices rising by 2.7% in the capital compared to 4.3% nationally. In Cork city, rents are up 9.3% year-on-year, while in Galway and Limerick cities, rents are up by 6%. Outside the cities, the rate of inflation is just above 5%.

Commenting on the report, its author Ronan Lyons, Professor in Economics at Trinity College Dublin, said:  “The twentieth anniversary of the Daft.ie Report has given us the opportunity to revamp and refresh things, with the new format putting far more information, in some cases going back to 2002, available at the fingertips of all those interested in Ireland’s housing market. 

“For all the work involved in the new report, however, the picture remains unchanged – this is a market starved of supply. Rents are now one third higher than they were just over five years ago and indeed two thirds higher than their Celtic Tiger peak. The easing off of inflation – from over 13% in 2022 to 4.3% now – has been welcome. However, the sharp fall in availability of homes to rent suggests that any further pressure on rents over the coming quarters will be upwards. While it will take years, significant amounts of new rental supply – all around the country – are required to change conditions in the rental market," he added.