Rental prices rising at near 20-year high as Limerick rents shoot up towards Dublin levels

Irish rent prices hit record high

Irish rent prices have reached record highs, sparking growing concern across the country. Galway is now under formal investigation by the Residential Tenancies Board (RTB) due to “unusual” and persistent price hikes. The national average rent has surpassed €2,000 for the first time, while regional cities including Limerick and Cork continue to experience double-digit annual increases. Source

Rental prices rising at near 20-year high as Limerick rents shoot up towards Dublin levels

Nationally, rents rose by 7.3% on average, judging by listed rental prices compared to the previous year.

Young emigrate as average rents hit €2,000 - 'I’m one of the only ones left'

In Limerick City, rents rose 20% over the course of the year, while increases of 13.6% and 12.6% were recorded in Cork and Galway.

Limerick hit hardest again by rent increases, report finds

Once again, Limerick has seen the largest rent increases in the country, up more than 20%, according to the latest Daft.ie report for the first four months of this year shows. Rents have risen in Limerick city so much in the last year that the average is €2,405 a month, up 5.9% year-on-year and a 95% change from pre-COVID in March 2020. In the rest of Limerick, market rents were €1,704 on average, up 4%, and an 83% rise from before the pandemic.…