Sunday, 23rd February, 2025

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Rents continue to soar in North West

Catherine Gaffney -
Rents continue to soar in North West

Rents continue to rise in the North West while a shortage in rental properties is also an ongoing issue.

 

According to the latest Daft.ie show that in Sligo, rents were on average 19.7% higher in the first quarter of 2022 than a year previously.

 

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The average listed rent in Sligo is now €1004, up 93% from its lowest point.

 

Rents in Donegal were on average 22.7% higher while Leitrim saw the biggest increase at 24.8% over the same period.

 

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The average rent in Leitrim is now €817, up 98% from its lowest point.

 

Economist and author of the report Ronan Lyons doesn't foresee an improvement in the near future:

 

https://filedn.com/lglCaxamfnlV2gaMY6rU7tH/News%20Clips%202022/lyons1pm.mp3

Catherine Gaffney -