The latest rental report conducted by daft.ie shows that market rents in Donegal were on average 2.7% higher in Q4 of 2024 than a year previously.
The average listed rent is now €1185, up 83% from the level prevailing when the Covid-19 pandemic occurred.
Market rents in the three Ulster counties rose by 5% year-on-year, compared to a rise of 16.9% in 2023.
The on-going increase in rents reflects very tight availability, with just over 70 homes available to rent on February 1st, down 15% year-on-year and only one third the late 2010s average.
Nationally market rents rose by an average of 5.7% during 2024, down slightly from the 6.8% increase seen in 2023.