A Douglas letting agent says finding homes for people to rent is extremely difficult.
Rents have risen by 10.4% in the city in the last year with the average rent now €2,077.
In the rest of the county the average price listing rose to over €1,500, up 6.4% on last year.
Shirleen Rigby from Prime Letting in Douglas says it’s impossible to find something for everyone:
"It's extremely hard for people, we meet people from all walks every day of the week, and they're just trying to find a home and we're doing our best, we are showing as many people as we can properties every day but we only have a certain amount of properties and unfortunately we can't find something for everybody."