PRTB/ESRI Quarterly Rent Index

The Rent Index is a quarterly report produced by the ESRI for the Private Residential Tenancies Board.

One of the challenges faced when measuring changes in prices is to take account of the impact that a change in the composition of goods sold in a period can have on the price level. Even if all rents remained unchanged over a time period, the average rent would change if the mix of properties rented changed.

The need to mix-adjust so that a measure of “pure” price change is constructed has led to extensive use of the hedonic regression methodology. This methodology has been used to measure house price change both internationally and in Ireland. However, it has also been applied to the rental market.

The intention is that the PRTB will publish results quarterly, approximately one month after the end of the quarter. Separate indices are calculated for the national market, the national house market, and the national apartment market. Similar indices are calculated for Dublin and Outside Dublin.

Using PRTB data an interactive dataset for average rent values by property type is available online on the PRTB website.

Rents increase in second quarter of 2016


PRIVATE RENTS ROSE NEARLY 10% ACROSS COUNTRY IN SECOND QUARTER 0F 2016 COMPARED WITH SAME PERIOD IN 2015 DUBLIN RENTS...  



Slower Rate of Growth in Private Sector Rents


The latest rent index shows that rents continued to increase in Q1, 2016, when compared with Q 4, 2015, although...  



Rate of Private Sector Rent Rises Moderated in Dublin Third Quarter of 2014 while Outside of Dublin it Increased


  DUBLIN RENTS INCREASED BY 9.5% IN THE PAST YEAR. MONTHLY RENTS NATIONALLY NOW 17% BELOW 2007 PEAK. Although private...  





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