Average rent in Louth now €127 dearer than this time last year
The average rent in Louth now stands at €1,193.
That’s according to the latest Rental Price Report for Q3 2018 by property website Daft.ie.
The report found that rents in Louth have risen by 11.9% in the last year from €1,066 this time last year. This represents an increase of €127 on the average rent in the county in the last 12 months.
This was helped by a 2.8% increase in the last quarter with prices now up 95.5% from their lowest point.
The biggest increase has been in relation to five bed houses which increased by 17.4% to an average of €1,385 per month. Two bed houses were up 10.1% year-on-year to €978 while one bed apartments were up 10% to €844. There were also increase of 7.4% and 8.8% respectively in relation to three and four bed houses which now command average rents of €1,144 and €1,260 respectively per month.