Rents continue to rise across Galway despite pandemic

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Galway Daily news student accommodation

The cost of renting properties in Galway city and county has risen again in the latest Daft.ie report released today.

Rents in Galway city shot up by 4.6% in the last quarter of 2020 compared to the year before, while in the county rents increased by 2.4%.

The average listed property in the city is now €1,370, while in the county it is €956.

Today’s Daft.ie report shows that across much of the country, renting during the last three months of 2020 was more expensive than in 2019.

In Co. Galway, a one bedroom apartment will now cost €703 per month, and a two bedroom house will set you back €780.

In the city a one bed apartment will cost €1,009, while renting a two bedroom house is on average €1,102.

In the city, a the average rent for a double bedroom rose by 14.3% to €535, and in the suburbs, average rents rose to €486 for a double room.

For a single bedroom, it will cost €469 on average in the city centre – an increase of 20.9% on the year before.

Rents increased by 0.9% nationally despite prices in Dublin falling by 3% overall and by 5.6% in the city centre.

Donegal and Leitrim have the lowest rents in the country, at €665 and €624 respectively.