A national rent rise of 7 per cent, the highest increase in more than two years, points to a “concerning level of non-compliance” with rent rules, Minister for Housing Darragh O’Brien has acknowledged.
The Residential Tenancies Board’s (RTB) rent index for the second quarter of the year shows year-on-year rent price inflation of 4.4 per cent in Dublin and 10.4 per cent outside the capital.
Nationally rents grew by 7 per cent, the highest level of growth seen since a rate of 7.4 per cent in the first quarter of 2019.
The national standardised average rent stands at €1,352, an increase of €32 in since the start of 2021. Dublin remained the county with the highest average rent at €1,848 per month. The county with the lowest monthly rents was Donegal (€677 per month). At a local electoral area level, the highest rent was in Stillorgan, Co Dublin (€2,440
Continue reading this atricle at https://www.irishtimes.com/news/ireland/irish-news/rents-rise-7-in-largest-national-increase-since-2019-1.4687839