Pandemic may have fuelled higher rent increases outside Dublin – The Irish Times

The numbers of people quitting Dublin during the pandemic has spurred rent increases elsewhere, according to the latest figures from the Residential Tenancies Board (RTB) .

Rents out outside of Dublin rose 7 per cent between March 2020 and March 2021, compared with 2 per cent in the capital, said the interim director of the RTB Padraig McGoldrick.

The increases outside of Dublin could be the “start of a potential trend of people moving outside of urban centres” as a result of being able increasingly to work out of the office, he said.

The average monthly cost of renting a home is €1,320 over the first three months of this year, a rise of €33. The average Dublin rent is now €1,820 per month, while the lowest is in Leitrim at €596 per month.

The highest rents are now in Stillorgan, at €2,378 monthly, while Stranorlar,

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