As students receive college offers this morning, a new Daft.ie survey shows they may find it difficult to find rental accommodation in Dublin, Cork and Galway, where rent is rising. Conversely, Letterkenny still has the lowest student rent in country.
In Donegal, rents in the second quarter of 2012 were 2.5% lower than a year previously. The average rent for a house is now €537, a fall of 25% from the peak. The average monthly rent for students at Letterkenny IT is 231 euro, less than half of what’s being charged in Dublin City Centre.