Cost of renting in Cavan and Monaghan rises by over 10 per cent

The cost of renting in Cavan and Monaghan has risen by over 10 per cent.

According to the latest quarterly rental report, rent is 11.2 per cent dearer in Monaghan than this time last year, and 10.5 per cent higher in Cavan. Average rent prices are now €799 and €740 respectively, while the national average now stands at an all-time high of 1-thousand 366 euro.

CEO of housing charity Threshold, John-Mark McCafferty, says the Government needs to take action: