How the Cost of Living Crisis Is Affecting Renters in Ireland

How the Cost of Living Crisis Is Affecting Renters in Ireland

Renting in Ireland has never been more challenging. With inflation pushing prices upward and wages struggling to keep pace, renters across the country are feeling the pressure. From higher utility bills to rising rent and food costs, the cost of living crisis is touching every corner of life — and renters are among the hardest hit.

Whether you’re a first-time renter or someone who’s been in the market for years, understanding how this crisis is reshaping the rental landscape can help you better prepare, protect your finances, and navigate a tougher housing market. Tools like a well-prepared tenant resume and a complete rental history can also be critical assets in helping you stand out to landlords during this time.

Let’s explore how the cost of living crisis is affecting Irish renters and what you can do to stay ahead.

Rent Prices Are Still Rising Despite the Squeeze

One of the most visible impacts of the cost of living crisis is the continued rise in rental prices across Ireland. Even with Rent Pressure Zone (RPZ) regulations in place, rents in many areas are still climbing — driven by limited supply, strong demand, and inflationary pressures.

This creates a double burden for tenants: your rent may be increasing while your everyday costs (food, electricity, fuel, transport) are also going up. As a result, many renters are now spending more than 30% of their income on housing, pushing them closer to financial insecurity.

Having a strong tenant profile with up-to-date employment and financial details, along with a clear rental history, can give landlords the confidence to rent to you, even when the market is highly competitive.

Energy Bills and Household Costs Are Hitting Hard

Alongside rent, one of the biggest contributors to financial stress is the rising cost of energy and household utilities. Gas, electricity, broadband, and heating oil have all seen steep price hikes, often with little warning.

These increases mean renters must now budget more carefully than ever before, especially during the winter months. For those in older or less energy-efficient homes, the impact can be particularly severe.

If you’re planning to move, factoring in the energy efficiency of a property can make a major difference. Use your tenant resume on Tenantin.ie to list your preferences, such as BER ratings, to help find properties that are more affordable in the long term.

Tenants Are Moving Less Due to Cost Pressures

In previous years, tenants might have moved more freely — either to be closer to work or to seek a better deal. Now, however, many are staying put to avoid the cost of relocation, such as deposits, moving expenses, and new furniture or utility connections.

This lack of movement has its own knock-on effects, such as reduced availability in the rental market and slower turnover of listings.

For those who must move, being well-prepared with a free tenant resume and clear documentation can speed up the rental process and improve your chances of securing a new place quickly. With Tenantin.ie’s free tool, renters can build a complete profile including rental history, employment details, and personal information — all in one place.

More Tenants Are Competing for Fewer Properties

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As availability tightens, competition among renters has soared. Properties are often snapped up within hours of being listed, and landlords can receive dozens of enquiries for a single flat or house.

This environment makes it essential for renters to stand out. A complete tenant resume, available instantly through your Tenantin.ie profile, shows that you’re organised, serious, and ready to move. It includes your verified rental history, references, and employment details, making it easier for landlords to choose you over other applicants.

Tenantin.ie also offers a premium feature called “On a Hunt”, which automatically sends your resume to listings matching your preferences and gives you early access to new opportunities — giving you a crucial edge in a fast-moving market.

Budgeting Is More Important Than Ever

With higher costs on every front, careful budgeting has become non-negotiable. Renters need to track not only their monthly rent but also variable expenses like food, commuting, heating, and insurance. This means knowing exactly how much you can afford before applying for a property.

A well-documented rental history can help you demonstrate financial responsibility to landlords. For example, showing a pattern of on-time payments can reassure them that you’re a reliable tenant, even in tough economic times.

Using tools like Tenantin.ie to store and access this history makes it easy to share with landlords or use as evidence if needed for a dispute or rent negotiation.

The Hidden Value of a Tenant Resume in 2025

A tenant resume is no longer just a nice-to-have. In 2025, it’s a vital document for anyone renting in Ireland. Much like a job CV, it helps you communicate your strengths clearly and quickly to potential landlords.

Your tenant resume on Tenantin.ie includes:

You can download your free tenant resume at any time and share it with private landlords directly, increasing your chances of being shortlisted — especially during periods of high demand and economic uncertainty.

Premium Support That Makes Renting Easier

For renters feeling overwhelmed, Tenantin.ie’s “On a Hunt” premium plan can offer peace of mind. Here’s what’s included:

In a housing market affected by the cost of living crisis, this kind of support can make a big difference in finding and securing your next rental.

Stay Informed, Stay Ready

The cost of living crisis is changing how people are renting in Ireland. It’s more competitive, more expensive, and more demanding. But it’s not impossible.

By keeping your documents in order, knowing your rights, and building a strong presence through your tenant resume and rental history, you can protect yourself and stay one step ahead. Tenantin.ie is here to help — whether you’re actively searching or just preparing for your next move.

Start your free tenant profile