Cork market rental trends report

Rents in Cork have continued to rise over the past 3–6 months, with moderate overall increases but sharper growth in newly listed properties in early 2026 as the market adjusts to recent regulatory changes. While existing tenancies have remained relatively stable, new listings have shown upward pressure, contributing to a gradual increase in average rents.

This trend has been driven by the introduction of new rental legislation from March 2026, alongside ongoing supply shortages in the Cork market. The updated law replaced Rent Pressure Zones with a national system, capping annual rent increases at 2% (or inflation if lower) while allowing landlords to reset rents to market levels at the start of new tenancies under certain conditions, which has contributed to upward pricing on turnover. 

The current median rent in Cork is approximately €2,200 per month across all property types.

Apartment listing

Below is a recent listing example.

Studio

• Rent: €1,166 per month
  Sqm: 20 m²

1 bedroom

• Rent: €1,800 per month
  Sqm: 30 m²

2 bedroom

• Rent: €2,400 per month
  Sqm: 60 m²

3 bedroom

• Rent: €2,950 per month
  Sqm: 70 m²