30 November 2023
~1 minutes read
Galway city had largest annual change in average rent for new tenancies
Galway city has had the largest annual change in average rents for new tenancies in quarter 2 of this year.
Rents for new tenancies increased to €1,577, which is a rise of 12.7 per cent compared to the same time last year.
It’s the second highest standardised average rent for new tenancies after Dublin City at €2,045 – according to the Residential Tenancies Board report
The latest Rent Index report shows the standardised average rent in new tenancies grew by 11.6 per cent year-on-year between April and June of this year.