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RTB’s latest Rent Index finds average rent for new tenancies in Mayo was €623

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According to the latest Rent Index from the Residential Tenancies Board (RTB), in the October-December period (quarter four) of 2018, the standardised national average rent of tenancies in Mayo was €623 - up from €577 (+€46) one year earlier - and down €9 on the previous quarter (quarter three 2018).

Rents in the private sector are on the rise

Private sector rents increased by 7.37 per cent in the first quarter of 2017, according to the latest Quarterly Rent Index from the Residential Tenancies Board (RTB).

Cost of private rent in Westmeath continues to rise

The average rent for all dwellings in the private rented sector in Westmeath in the second quarter of 2016, which were registered with the Residential Tenancies Board (RTB), was €608.

Huge rent increases across Galway

Over the last 12 months, rent in Monivea has skyrocketed by almost 60 per cent. In early 2015, average monthly rent in the area was €568, but the last year has seen a 57 per cent increase, with prices now peaking at more than €894 per month.

 

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