News

Rents Rising More Rapidly Outside Dublin

Share this article


Rents are rising more quickly in cities outside Dublin.

A new Daft.ie report shows they've gone up by 9.8% across the country in the year to December 2018, to an average of €1,347.

There's been an 8.8% increase in Dublin to just under €1,982.

However, rents are up 16% in Limerick city and 16.7% Waterford city compared to the previous year.

Galway's seen rent rises of 13.1%, and in Cork city they were up 11.4%.

Image: Daft.ie

'Rare improvement'

The report's author Ronan Lyons says it's still most expensive to rent in the capital - but rents are rising more slowly than elsewhere.

He observed: "There's a very big gap between Dublin and the rest of the country in terms of the level of rent.

"Now, in the last three to six months, the rate of inflation in Dublin has eased off a little bit - and is below what you'd see in other parts of the country."

He said there was a 'rare improvement' in availability of rental accommodation at the end of 2018.

However, he stressed there's a continued need for more homes - and therefore it "remains to be seen" whether the improvements continue.

The Simon Communities group, meanwhile, insists stronger tenant protections are needed as many people are continuing to be priced out of the rental market.

Responding to the Daft.ie figures, spokesperson Paul Sheehan argued: "Enhancing security of tenure has to be an urgent priority so that people already housed can keep a roof over their heads and have greater certainty in their daily lives.

"People trapped in emergency accommodation need secure and affordable homes, with support where needed."


Share this article


Read more about

Cork Rent Dublin Rent Rent Rent Prices Rental Ireland Rental Market

You might like

Live: Title

Now playing

00:00:00 / 00:00:00
Added to queue
Removed from queue

On Air

Share

Share

Up next

Episode title
Show
Duration

You currently have no podcasts in your queue.

Go to podcasts

On Air

Mario's Sunday Roast

Mario's Sunday Roast

11 AM-1 PM

Share

Up next

The Phil Cawley Show

The Phil Cawley Show

1 PM-4 PM

Share

Sundays with Declan Pierce

Sundays with Declan Pierce

4 PM-7 PM

Share

Ed's Songs of Praise

Ed's Songs of Praise

7 PM-10 PM

Share

The Beat Goes on with Kelly-An...

The Beat Goes on with Kelly-Anne Byrne

10 PM-1 AM

Share

Overnight

Overnight

12 AM-5 AM

Share

Early Breakfast with Pamela Jo...

Early Breakfast with Pamela Joyce

5 AM-7 AM

Share

The Ian Dempsey Breakfast Show

The Ian Dempsey Breakfast Show

7 AM-9 AM

Share

Dermot & Dave

Dermot & Dave

9 AM-12 PM

Share

00:00:00 / 00:00:00

Share on