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Rents increased by 10 per cent in 2021

Feb 9, 2022 08:19 By News Northern Sound
Rents increased by 10 per cent in 2021
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In the last quarter of 2021, the average rent listed nationally was 1,524 euro a month.

A new reports predicts rents will continue to rise this year due to a lack of supply.

Latest figures, from the property website Daft, show rents increased nationally by an average of 10 percent last year.

In the last quarter of 2021, the average rent listed nationally was 1,524 euro a month, while in Dublin it was 2,056 euro.

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Economist at Trinity College Dublin, and author of the Daft Report, Ronan Lyons, says the number of rental properties available is far too low to meet current demand:

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