The average cost of a new tenancy nationally rose 4.7pc in the three months to June compared to last year, with rents primarily driven by higher demand outside Dublin.
The growth in average new tenancy rents has slowed, with a notable increase in the rent for existing tenancies, which showed a larger annual rise of 5.8pc.
Existing tenants are paying less on average than new tenants, but the increase in rents has exceeded the limits set by regulations in rental pressure zones.
Regions like Donegal, Leitrim, and Longford experienced the highest increases in rent for existing tenancies, indicating regional disparities amidst overall rental market trends.
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