A new record high: The average monthly rent in Ireland is now over €1,400 – TheJournal.ie

Average monthly rent prices and the percentage increase over the past year across the country. Image: Daft.ie Average monthly rent prices and the percentage increase over the past year across the country. Image: Daft.ie

RENT PRICES AROUND the country have risen by 5.2% in the past year and the average monthly price of rent is now €1,403, according to a new report from property website Daft.ie. 

The rental report from Daft.ie for this quarter said that the price of rent in Dublin has had the slowest period of growth since mid-2012. However, prices remain high in every county around the country. 

Rent prices in Dublin have more than doubled since late 2010. Dublin 8 has seen the biggest increase in rent – over 125% – in this period. 

Assistant professor in economics at Trinity College Dublin (TCD) Ronan Lyons said the key to improving

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