Rents rise 7% in largest national increase since 2019 – The Irish Times

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

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