Galway rents rising quicker than Dublin City Centre

Galway rents rising quicker than Dublin City Centre

The latest report by Daft.ie shows that rents in Co. Galway are rising quicker than any other part of the country, including the six areas in Dublin.

Average rents in Co. Galway are now €767, which is a year-on-year increase of 14.1%, while in the city, the average rent is €1,09 – a 12.4% rise.

Nationwide, the average has risen by 65% since its lowest point in late 2011 and, having exceeded its 2008 peak in 2016, is now 19.2% above the previous high. Having exceeded its 2008 peak in 2016, it is now 19.2% above the
previous high.

In Galway city, rents are 30% above levels recorded a decade ago. Outside the cities, the average is 10.4% above its previous peak.

The average rents nationally is just over €1,200 and Donegal has the third cheapest rents and the lowest year-on-year increase.

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