The cost of renting in Donegal in the last quarter of 2022 is up 18.2 per cent from the same time last year.
According to the Daft.ie Rental Price Report Q4 2022, in Donegal, market rents were on average 18.2% higher in the final three months of 2022 than a year previously.
The average listed rent is now €960, up 98% from its lowest point.
Rents in the three Ulster counties rose 18.3% year-on-year, reflecting a lack of availability – just 62 homes were available to rent on February 1, compared to an average of over 500 on the same date in the 2010s.
Nationally, market rents in the final quarter of 2022 were an average of 13.7% higher than the same period a year earlier, as availability of rental homes remained near an all-time low, according to the latest Rental Report by Daft.ie.
The average market rent nationwide between October and December was €1,733 per month, up 2.7% compared to the third quarter of the year and 126% above the low of €765 per month seen in late 2011.
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