Rents in the country soared by 13.7 per cent last year, the highest figure since Daft.ie began recording the data.
In Cavan, market rents were on average 19.8% higher in the final three months of 2022 than a year previously. The average listed rent is now €1,119, that's up 137% from its lowest point.
Meanwhile in Monaghan, market rents were on average 15.9% higher in the final three months of 2022 than a year previously. The average listed rent in Monaghan now stands at €1072, up 108% from its lowest point.
The average rent nationwide is at 1,700 euro nationally. There were just over 1,000 homes available to rent nationwide on February 1st, down over 20% on the same date last year. In Monaghan this lunchtime there are only 4 properties to rent on the website Daft.ie, ranging from €650 for a 1 bed apartment to €1800 for a 5 bedroom house. Meanwhile in Cavan there are 16 properties to rent across the county. Rents in the county range from €700 for a 1 bed apartment to €2500 for a 5 bedroom house.
