Ireland's rental market faces a 5% national average rent increase, with Limerick city experiencing a 17.5% surge and Dublin 2.5%.
Ireland's rental market is experiencing a surge as the supply of new homes decreases, causing rent prices to rise. The latest Rental Report from Daft.ie revealed a 5% increase in national average rent to €1,836 a month, with significant rent inflation in Limerick city (17.5% year-on-year) and Dublin (2.5% year-on-year). The availability of rental properties remains low, contributing to the upward trend in rent prices.
May 19, 2024
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