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The 2026 Q1 Rental Report from Daft-ie provides a comprehensive overview of the rental market in Ireland. Key findings indicate that open-market rents have experienced their largest quarterly increase on record, rising by 4.4% from December to March. This increase is notable as it equals the total rise observed throughout 2025, marking a significant spike in the rental market since 2002. The report highlights that average rents are now significantly above pre-Covid levels, with a national average of €2,176 for a two-bedroom apartment. Furthermore, the availability of rental properties has rebounded somewhat from record lows, particularly in cities outside Dublin, but remains below normal levels.