Rents are expected to plummet in cities across the country due to the impact of the coronavirus.
There has been a 64 percent increase in rental listings in Dublin since the start of the month, according to Daft.ie.
Thousands of AirBnB lettings are available online, with very few tourists arriving here to use them.
Architect and Assistant Professor at University College Dublin, Orla Hegarty, says it is now a buyer's market and that more supply will drive prices down.
She adds that a lot of students have left Dublin as they no longer need to be here for college.
