Number of institutional landlords in capital has grown, with average rent for new tenancies at €2,226
The number of large institutional landlords in Dublin has grown and now accounts for the largest percentage of all private tenancies in the capital.
Taoiseach Micheál Martin has recently spoken about the need to incentivise this kind of private investment in the Irish housing market in order to deliver more homes. The number of private tenancies across the country has risen annually to 240,964 in Q4 2024, while private landlord numbers rose by 4.5 per cent to 105,594. Approved Housing Body tenancies also grew by 14.5 per cent to over 50,500.
In October 2024, the RTB began a compliance campaign targeting landlords associated with over 16,000 “tenancies of concern”, where landlords were found to have increased rents above the 2 per cent threshold allowed in RPZs. The second phase of this compliance drive will see landlords who have not engaged in the process so far being sent forward for investigation and some 1,000 spot checks will be carried out.
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