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Slight increase in average rents in Cavan and Monaghan

Mar 24, 2021 13:04 By News Northern Sound
Slight increase in average rents in Cavan and Monaghan
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Average rents across the Northern Sound have grown over the last year despite the Covid-19 pandemic. That's according to new figures from the

Average rents across the Northern Sound have grown over the last year despite the Covid-19 pandemic.

That's according to new figures from the Residential Tenancies Board that shows widespread jumps in the cost of rent nationwide.

Cavan and Monaghan have recorded some of the lowest changes in rental prices nationally, with rent growing 3.7 per cent and 0.7 per cent respectively.

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The cost of the average rents in Cavan and Monaghan currently stand at €684.

Leitrim has seen the highest percentage increase in rental costs nationwide throughout 2020 when compared to the previous year.

Prices have jumped by almost eleven and a half percent in the county with the average cost of rent now €626 up from €562 .

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Unsurprisingly, Dublin stands as the country with the nations highest rent but has also recorded one of the smallest year on year cost increases.

It's followed by Galway and Cork cities.

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