GalwayBayFM

Rents in Galway increased by 10 percent between July and September

Share this article
Rents in Galway increased by 10 percent between July and September

Galway Bay fm newsroom - Rents on new tenancies in Galway increased by over 10 percent between July and September.

Advertisement

Figures from the Residential Tenancies Board show that Galway now commands one of the highest average rents in the country.

Nationally, rents increased by 8.3 percent in the third quarter - the highest growth rate in almost four years.

Advertisement

The figures are based on actual rents paid on new tenancies registered with the RTB during the third quarter.

The average standardised rent in Galway is now €1,345 - an increase of more than 10 percent between July and September.

That breaks down to an average rent of €1,471 in Galway City, and €1,038 elsewhere in the county.

The figure for Galway City now makes it the 2nd most expensive city to rent in nationwide, behind Dublin City.

Nationally, the highest average standardised rent was recorded in Dublin at €1,915 - while Leitrim had the lowest figure, at €731.

95.8 MHz Galway City
95.8 MHz Clifden & West Connemara
97.4 MHz South Connemara & Aran Islands
96.8 MHz County Galway
97.4 MHz East Galway
97.2 MHz Gort Area

Copyright © 2024. Developed by Square1 and powered by PublisherPlus.com

Download the GBFM App
Advertisement