Average rents rise 11.7% across country in biggest jump since 2016 | Business Post

The availability of rental homes has “collapsed”, according to the latest Daft report, with just 851 properties available to rent nationwide on May 1. Picture: Getty

Average rents have risen by 11.7 per cent across the country in the first three months of the year, the biggest year-on-year increase since 2016, according to the latest rental report by Daft, the property listing website. Rents across the country have reached an average €1,567, with the cost of living in leased accommodation higher than last year in all 54 markets covered by the report.Subscribe from just €1 for the first month!

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