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Annual rent increases of 19% and 13% across Cavan and Monaghan

May 12, 2022 10:51
By News Northern Sound
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Annual rent increases of 19% and 13% across Cavan and Monaghan

Rents are increasing at the highest rate since 2016.

Rents in Co Cavan increased by close to 19% in the year to March, with an average price of €970.

That's according to property website Daft.ie, which also found that rents increased by almost 13% over the same period in Co Monaghan, to €960.

The biggest increase was in Leitrim, at nearly 25 per cent.

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Daft.ie has also found that rents are increasing at the highest rate since 2016, and Ronan Lyons, author of the report, says rental prices are growing very sharply outside the capital.

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