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Report confirms Waterford City rent prices rise by 14.1%

Report confirms Waterford City rent prices rise by 14.1%
Dublin rental accommodation, © PA Wire/PA Images

Rents in Waterford City have risen by 14.1% in the last year, according to the latest rental report from Daft.ie.

Relative to a year ago, rents in the open market are now 8% higher.

While an improved supply of houses in Dublin saw rents stabilise in the capital, they continue to rise elsewhere in the country.

Waterford., Cork, Limerick and Galway showed a marked increase compared to the second quarter of the year.

The average rent in Waterford City now stands at €1549 euro - a rise of 14.1%, while the county saw a rise of 11.6% to an average rent of €1494.

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The increase across Munster reflects very low availability with just over 200 homes available to rent on November 1st. That figure is largely unchanged from a year ago.

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