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Number Of Homes Available To Rent In The Midlands At Lowest Level On Record

The average rent is up 12.8% on this time last year.

Rent prices in the midlands are 12.8% higher on average than this time last year.

A report from daft.ie also shows the availability of homes to rent in the region is the lowest ever recorded.

Nationally, the average rent market price in Quarter one of 2022 was €1,567 per month.

The largest increase in the midlands is in Offaly, where the market rent price on average rose by 14.6% compared to the same period last year. The listed rent is now €1,158.

Rent prices in Westmeath remain the most expensive in the midlands, at €1,222 on average per month. This is an increase of 12.8% higher than the same time last year.

Laois recorded a smaller increase in rent than it's regional counterparts, seeing a jump of 10.9%. The average listed rent is now €1,169. 

There were only 29 homes available to rent in the region on the 1st May, which is the lowest ever recorded.

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