Donegal market rents were higher in the first three months of 2024 than a year previously.
This is according to the latest Rental Report by Daft.ie.
In Donegal, market rents were on average 13.3% higher in the first three months of 2024 than a year previously.
The average listed rent is now €1126, up 74% from the start of the Covid19 pandemic in 2020.
The percentage increase is above the national average of 4.9% but the actual rental figure is substantially lower than the average open-market nationwide cost of rent, which is €1,836 per month.
The increase in rents reflects low availability, with fewer than 60 homes available to rent on May 1st, just over one quarter of the 2015-2019 average.
The full report along with all previous reports are available from www.daft.ie/report
