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Rent In All Three Midlands Counties Continues To Rise

The average rent in Ireland at the end of 2021 stood at €1,415.

Rent in all three midlands counties continues to rise.

The average rent in Ireland in the final quarter of last year stood at €1,415.

Latest figures from the Residential Tenancies Board show rents in the capital at the end of 2021 reached an average of just under €2,000 per month.

That compares to a figure of €1,100 outside of the capital.

It means, nationally, there was a nine percent increase in rent prices last year compared to 2020.

Roscommon seen the largest increase, with an annual growth rate of 25 percent - going from €690 to €865.

No county registered a drop in prices, with only Kildare recording the same figure as the previous year

Thirteen counties, including Carlow, Kilkenny and Westmeath, have average rents of more than €1,000 per month.

Leitrim remains the county with the cheapest rent, which now stands at €740 per month. 

The research shows rents have more than doubled in the past decade.

In 2011, the average rent nationally was around €742 per month,.

Assistant Professor of Social Policy at Maynooth University, Rory Hearne says the problem lies in supply:

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