RTB Rent Register

Mcivor said:
Will be interesting to see the effect these results will have on existing corporate landlords and those that the Govt are hoping to attract into the market. IRES for example have publicly stated that they were expecting to increase rents across their portfolio to market rates over time due to tenant churn. They may be disappointed to discover the RTB definition of 'market rent' doesn't match what most people would perceive as open market rent.
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Also, their rents on brand new properties will be affected as well if the comparators will be lower rent capped properties nearby
 
After doing some playing around I've worked out some things.

If you don't have a BER, saying exempt brings you closer in line with non BER properties (of which there is loads in my area)

Similar size of property is super important.

For instance, if I say BER F, I'm matched with more similar sized properties (40sqm +/- 10%) over other BER F properties.

Property size seems to make more of a difference than distance to the house, as I'm getting ones from "ED names" that are ages away from me, so long as the property size is an exact match
 
Just thinking some more about this it is next to impossible to set a market rate today using this database from this because they have zero properties in the database that were set to market rate after the new rules came in. The new rules will create a whole new market rate because they are no longer tied to previous rents. The only ones that can be used will be new lets from the last 6 months or so.
 
bipped said:
Do the four numbers following the RT in the property reference correspond to the date of the first registration? And the 25 at the end - is that to confirm it was registered in 2025?

From a random search in the swords area
RT-0124-xxxxxxxx-25
RT-0624-xxxxxxxx-25
RT-1218-xxxxxxxx-25
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Just checked one of our existing tenancies.

RT0521-XXXXXXXX-25

The current tenancy began in May 2021 so that explains the first 4 digits. (However this property has been rented since just prior to the introduction of RPZ, so has been rent controlled for 10 years, thus only about 50-60% of what I consider to be the market rent.)
 
Yeah the more I play with this the more positive I am that it in no way gives you a market rent. Best just ignored until they can prove its honest, which it is not at all.
 
From Boards.ie

I just checked my friends apartment. It looks like he is paying way too much. He has a 1 bed apartment in Santry and is paying €1200 and has been there 4 years. The average of the ones returned by the RTB is €1010. I think there might be some bugs.
 
Wavelly said:
RT0521-XXXXXXXX-25

The current tenancy began in May 2021
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I have a tenancy began in Feb 2022 (confirmed by latest reminder from RTB) but the registration number begins RT-0223-..., suggesting exactly 1 year later for some reason.
 
The last property I registered is listed as RT -0126, the tenant moved in 27th December 2025 but I didn't register it until the new year. I just checked the other properties too and the RT number corresponds to the month/year.

In the 10 properties the results gave me, two of them are listed as RT-1018. So based on that I'm assuming that those tenants have been there since October 2018, and that their rent has not been raised since then as it results in 2 hits of €850 a month added to my list to use. So market rents from the end of 2018, not early 2026.
 
Premos said:
Great system. I lowered my BER to c3. Reduced my size by 10 sq meters to 58. Average rent 1895, increased by 500+
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Hardly surprising, this is the RTB we're talking about.

The Rent Register just doesn't work based on that result, again hardly surprising.

Yet, we must use it and we face criminal liability for getting the rent wrong.
 
Checking a random rented property. I set the price of the best match to 100% (also it was highest rent).

RT-X25 -> 100%
RT-X25 -> 93%
RT-X25 -> 71%
RT-X25 -> 68%
RT-X24 -> 57% (with -25)
RT-X18 -> 36% (with -25)
RT-X25 -> 42% (with -25)
RT-X25 -> 100%
RT-X25 -> 68%
RT-X25 -> 86%

The one with X18 is the lowest (36% !!).

The -25 at the end probably means renewed in 2025? The 3 lowest have that suffix.

I wonder if RT-X24 ... -25 means renewed in 2025, but registered in 2024. That could be someone who had a 2019 tenancy that they didn't bother to register until 2024, and then renewed in 2025.

Anyway, pretty clearly, you need to check the year and disregard older tenancies. Again, as has been noted, the only "market" rents are ones due to a rent reset, or exempt from the rent controls.

Currently, that would only be for tenancies that started new (after 2 years vacant). They really need to flag that.
 
LarryScott said:
Currently, that would only be for tenancies that started new (after 2 years vacant). They really need to flag that.
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But they won't and rent control has skewed the market so much that a rat infested dump (first rented 2025) could be commanding twice the rent of a palace (rented since 2017)

But you can't tell what you are comparing your property with in the 10 results.
 
Comparing apple to orange comes to mind.
Getting better rent with lower ber.
Getting better rent with smaller sizes is simply ridiculous.
I don't know how they checked that the results were logical in anyway. Clearly the criteria used are not sufficient.
Greenbook said:
you can't tell what you are comparing your property with in the 10 results
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I know that I compared my property with my property as it was on my own list. I wasn't even a 100 per cent match.
 
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Premos said:
I know that I compared my property with my property as it was on my own list
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Absolutely crazy, but to be expected as this is the RTB that we are dealing with.

Their Annual Registration System collapsed the minute they switched it on, it had to be rebuilt from scratch and that took two years per the Chairman before an Oireachtas Housing Committee

This is better in that at least it works, but it is throwing up completely random results.
 
LarryScott said:
Checking a random rented property. I set the price of the best match to 100% (also it was highest rent).

RT-X25 -> 100%
RT-X25 -> 93%
RT-X25 -> 71%
RT-X25 -> 68%
RT-X24 -> 57% (with -25)
RT-X18 -> 36% (with -25)
RT-X25 -> 42% (with -25)
RT-X25 -> 100%
RT-X25 -> 68%
RT-X25 -> 86%

The one with X18 is the lowest (36% !!).

The -25 at the end probably means renewed in 2025? The 3 lowest have that suffix.

I wonder if RT-X24 ... -25 means renewed in 2025, but registered in 2024. That could be someone who had a 2019 tenancy that they didn't bother to register until 2024, and then renewed in 2025.

Anyway, pretty clearly, you need to check the year and disregard older tenancies. Again, as has been noted, the only "market" rents are ones due to a rent reset, or exempt from the rent controls.

Currently, that would only be for tenancies that started new (after 2 years vacant). They really need to flag that.
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Well its on them to explain the data really. Without an explanation it is all just made up fluff that it brings back.
 
stormy said:
The law is that you must
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But it doesnt work. So you cant.
And if it has old tenancies in it you cant, because it is incorrect to have them too.
If it returns controlled rent amount, that in incorrect also.
Its rubbish of the highest order.
 
JamieB_ said:
You cant use it if it doesnt work. This does not work for finding market rent. So dont even bother using it.
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Here is what the RTB says. I've added the bits in bold myself

A landlord must use information from the RTB Rent Register to confirm a rent setting or review is not above market rent. They must provide three examples from the register of the most recent rents paid for similar properties in a comparable area.

And

The RTB Rent Register should be a landlord’s main reference point when setting rent. If a landlord wants to set a rent higher than comparable examples from the Register, they must justify that it represents market rent. To do this, they should provide additional evidence, such as expert valuations.

While a landlord can reference additional sources, they are legally obliged to consider the RTB Rent Register and this should carry significant weight in their decision.

A landlord must keep clear records to support their rent setting decision. They may need to provide the documents as evidence if there is a dispute case or investigation by the RTB in future. Failure to follow rent setting rules is an offence under the Residential Tenancies Act.
 
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