According to recent report published by online property website Daft.ie rent has become more expensive in every county across the country from June to August than the same time last year.
The report also suggests that Rent across the country have gone up by more than 11% over 12 months. The latest report is currently based on all of the listings on their website. The report shows that this summer rents became more expensive in every county than they were last year, with the national average rent now at €933, compared to €842 a year ago.
According to figures Dublin’s annual rate of growth in rent has slowed for the first time in five years, but prices have still gone up by over 14% in the city since the last three months of 2013.
There also has been more inflation in the surrounding counties. Counties such as Meath saw growth of 11%, Wicklow 13% and Kildare 14%. Compared to figures two years ago, rents in the commuter counties have risen by almost 20%, while Ulster rents are up by just 3%.
Rent un other cities, Waterford saw an annual rise of 5%, Limerick 6%, Galway 7% and Cork 8%.