Leitrim records biggest rental increase in latest RTB report

There’s been an 8 percent increase in agreed prices to rent a home in Ireland.


Unsurprisingly, Leitrim has recorded the biggest increase, according to the latest report from the Residential Tenancies Board.


The RTB says new tenancies in the second quarter of this year were an average of 1,464 euro a month.


The total average went up around nine euro in six months.


In the study period there was 12,700 new tenancies registered with the RTB – down 16 percent on the same time in 2021.


Fourteen counties have average new tenancy rents of more than 1,000 euro – including Carlow, Kildare, Dubiln, Westmeath, Laois and Galway.


The highest was in Dublin with averages of more than 2,000 euro a month – with Donegal the lowest at 783 euro a month.


The agreed prices in Wicklow and Kildare had rents fall slightly – while the largest rise was in Leitrim with 20 percent increases


These figures only include tenancies registered with the RTB but it’s believed there may be more informal rental agreements.