20 September 2023
~1 minutes read
New rents in Galway almost €300 higher than existing rents
Galway Bay fm newsroom – If you are a new renter in Galway you could be paying up to €300 more than existing tenants.
An ESRI study, funded by the Residential Tenancies Board, found monthly rents for existing tenants average at €1,146.
While new tenants are paying €282 more on average at €1,428 a month.
The study also found the largest gaps between new and existing renters are in the north-west, west and parts of the midlands.
The report’s author, Dr. Rachel Slaymaker, outlines the areas with the largest difference between what new and existing tenants are paying: