The latest report compiled by Daft.ie into the current home rental market in Ireland, shows rents in County Monaghan rose by 19.6% compared to the same period last year and by 21.3% in Cavan.
The new figures compiled by a Trinity College economist for the property website, shows rents increased by 10.7% nationally, meaning tenants in Cavan and Monagahan are experiencing double the increase of those in other areas.
Monaghan remains the fourth cheapest place to rent in the country though, with the average amount paid to landlords here standing at €1,173 per month.
And, according to the report published today, the average rent in Cavan currently stands at €1,221.
The report attributes the extraordinary shortage of rental accommodation to the recent rent increases.
As of August 1st there were fewer than 1,200 homes available to rent nationwide, 600 of which are in the capital.
