Locked Out of the Market, March 2024

Locked Out of the Market is a snapshot study undertaken every quarter over three consecutive days. This study was undertaken in March 2024 (11th, 12th and 13th). This report tracks the number of properties advertised to rent within the Department of Housing, Local Government and Heritage (DHLGH) Housing Assistance Payment (HAP) limits. Details were gathered from Daft.ie for the following areas: Cork City Centre, Cork City Suburbs, Dublin City Centre, Dublin City North, Dublin City South, Galway City Centre, Galway City suburbs, Limerick City Centre, Limerick City suburbs, Portlaoise, Kildare (selected areas), Athlone, Sligo Town, Dundalk, Co. Leitrim, and Waterford City Centre.

This is the thirty-third snapshot study. It is designed to reflect the lived experience of people with access to HAP support trying to find a home to rent in this period. This study examines the availability of properties within standard and discretionary HAP limits in each of the 16 areas. This discretionary rate can be up to an additional 50% of the standard rate in Dublin, and up to an additional 35% of the standard rate elsewhere. The four household categories examined are as follows:

  • Single person
  • Couple
  • Couple/One Parent and One Child
  • Couple/One Parent and Two Children

Main Findings

  • The report found just 38 properties available within standard or discretionary HAP limits across the 16 study areas.
  • This represents just 3% of the total properties examined in the study.
  • Just three properties were available within standard HAP limits.
  • 32 (84%) of the 38 properties available through HAP were in Dublin (Dublin City North, Dublin City South, Dublin City Centre). In Dublin the discretionary rate allows up to an additional 50% on the standard rate; this is limited to 35% elsewhere in the country.
  • In 10 of the 16 study areas, there were no properties available to rent through HAP in any household category within standard or discretionary rates. These were Athlone, Cork City Centre, Galway City Suburbs, Galway City Centre, Co. Leitrim, Limerick City Suburbs, Limerick City Centre, Sligo Town, Portlaoise and Waterford.

 

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