31 August 2023

~2 minutes read

Rents in Galway up 10 percent over past year

Share story:
Rents in Galway up 10 percent over past year

Galway Bay fm newsroom – Rents in Galway are up by 10 percent over the past year, according to new figures from the Residential Tenancies Board.

The average new rent in the county is now €1,366 – while in Galway City it’s €1,535.

Nationally, the cost of rent has gone up by almost 9 percent over the last 12 months.

Here’s the overall picture across the country:

Rents for new tenancies between January and March were up by 8.9 per cent in the past year.

Compared to the last quarter of 2022 it was a 2-and-a-half per cent rise.

New rental agreements for apartments were more expensive than houses with the 1,586-euro the average rent for apartments, compared to at 1,522-euro a month for houses.

Looking at new tenancies across all property types in Dublin, the average rent was 2,102-euro per month – and the highest in the country.

The county with the fastest growing average rent for new tenancies registered between January and March was in Co Roscommon, which saw a 23.7 per cent increase in the past year.

The lowest increase was in Co. Carlow where rents for new tenancies increased by 2 per cent in the past year.

Sixteen counties had average rents above thousand euro a month.]

Share story:

Local TD says "not a peep" from Government over promised action on full-year student leases

There hasn’t been “a peep” from Government over promised action on students being forced to sign full year accommodation leases every ac...

Plans lodged for 64 new homes in Claregalway

Planning permission is being sought for a new development of 64 homes in Claregalway. Valcris Ltd is looking to build on a site at Droim na Gaoithe, behin...

Independent Ireland councillors unhappy after being "locked out" of power in new County Council

Local Independent Ireland councillors aren’t happy that they’ve been “locked out” of power in the new County Council, which meets ...

Call for "certainty" from HSE over future plan for Clifden Hospital once new amalgamated nursing unit is completed

There’s a call for “certainty” from the HSE over future plans for Clifden Hospital, once a long-awaited new nursing unit is built. Plann...