Average rent in Donegal now €857, up 22.7%

The average cost of rent in Donegal is now €857, up a huge 77% from its lowest point.

Latest figures from Daft.ie reveal the average rent in the county has increased 22.7% in the first quarter of this year compared to the same period in 2021, that’s the second highest increase in the country.

Nationally, rents rose almost 12% in the first three months of this year, the biggest increase in over five years.

Author of the report, Ronan Lyons says it’s down to a lack of supply:

 

You can view the full report here

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