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Dublin Rents Continue To Rise

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Dublin Rents Continue To Rise

98FM
98FM

07:54 13 Jun 2015


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The average cost for renting a property in Dublin stands at 1,100 euro a month.

A new analysis of rents shows big increases in Dublin, Cork and Galway over the past five years - with drops everywhere else.

The Irish Independent's examined data from the Private Residential Tenancy board from 2010 and 2015 looking at actual prices paid.

The data shows that tenants seeking to live in the city will pay more today than five years ago.

This hike is being put to down to a lack of supply.

The most expensive rental address in the country is Grand Canal Dock at 1,945 euro per month.

Environment Editor with the Irish Independent Paul Melia says rents in Dublin are up 5.5%;

 


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