Average rent across Ireland has increased by 13.7%, reaching €1,733 statewide.
The Q4 2022 Daft.ie rent report was released, revealing alarming statistics of rents continuing to spiral.
Sinn Féin representative Eoin Ó Broin TD has called on the government to increase and accelerate the delivery of public homes to meet social and affordable need.
Teachta Ó Broin said: "All but one county experienced double-digit rental inflation last year with most counties in the high teens.
"The private developer sector is simply unable to deliver the volume of homes to rent or buy at prices that working people can afford.
"The only solution is for government to dramatically increase and accelerate the delivery of public homes to meet social, affordable rental and affordable purchase need.
"Government must revise their housing plan targets to deliver at least 20,000 new public homes a year, including at least 8,000 affordable homes.
"Chasing the ever growing viability gap for new private rental homes will simply fuel property price inflation.
"We need government intervention on a scale proportional to the crisis itself."
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