New figures show rents continue to rise in Donegal

 

rent

New figures show that rents in Donegal were on average 3.6% higher in the second quarter of 2016 than a year previously.

The average advertised rent is now €533, up 10% from their lowest point.

According to the latest quarterly Rental Report by Daft.ie, rents rose nationwide by an average of 3.9% and at €1,037 in the second quarter, the average monthly rent nationwide is at its highest level on record.

Ronan Lyons of Daft.ie has been analysing the Donegal figures: