Average National Rent Hits €1,...

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Average National Rent Hits €1,391 A Month

TodayFM
TodayFM

9:17 AM - 20 Aug 2019



The average national rent has hit 1,391 euro a month, an increase of almost 7 per cent in the last year.

The latest Daft.ie report shows the average rent in Dublin is now more than 2,000 euro a month.

However the report shows the rate at which prices are increasing has slowed down to its lowest in 5 years.

Limerick and Waterford had the biggest increase in prices with hikes of around 10 percent.

Author of the report Ronan Lyons says a lack of available rental properties is a big part of the problem.

Overall, rents outside the main cities in Leinster were up 6 percent, but in Connacht, Munster and Ulster the average increase was around 12 percent.

 



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Daft Rents Report

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