Mayo house rental prices rose by 8.5% last year

THE average monthly price of renting a three-bedroom house in Mayo in the final quarter of 2025 was €1,459 - that's up 8.5% on a year ago.

Market rents nationally rose by 4.4% during 2025, according to the latest Rental Report by Daft.ie, compared to an increase of 3.6% during '24.

Market rents have now risen in 13 of the last 14 years and are one third above their pre-Covid levels and 80% higher than 10 years ago.

In Mayo, average rent for a two-bedroom apartment is €1,305. A three-bedroom house will cost on average €1,459 a month.

There were fewer than 1,800 homes available to rent nationwide on February 1. Of that, a total of 158 homes were actively for rent in Connacht/Ulster (outside Galway city) - down 27% on a year ago.

The fall in availability is particularly acute in Dublin, where the number of homes to rent is down annually by over one third.

Report author Ronan Lyons, Professor in Economics at Trinity College Dublin, said: “Widespread uncertainty about the new rent controls appears to have exacerbated ongoing supply shortages in the rental market. Across the country, there have been steep falls in rental availability over the last year. There were fewer homes available to rent on February 1st this year than at the same time of year at any stage back to 2006.

“Unsurprisingly, with extremely tight availability, rents in the open market continue to rise, with a further 4.4% increase during 2025, up from 3.6% in 2024. The same is true for room rentals, which have also seen a sharp fall in availability in the last year.

“It remains to be seen whether supply is holding off until new tenancy terms come in on March 1st or whether the change in rent controls has led to a further reduction in the stock of rental homes, as landlords sell up.”