New tenants in North West facing higher rental prices



New tenants in the North West are facing higher rental prices.

 

According to the latest data released today by the Residential Tenancies Board, Sligo came in above the threshold of €1000 for new tenancies at €1,113 while Leitrim had the lowest average rent for new tenancies at €907.

 

Donegal recorded the lowest rent level in the country for existing tenancies in the final quarter of last year at €707.

 

Donegal was only one of four counties in Ireland to remain below the threshold of €1000 for new tenancies, alongside Leitrim, Monaghan and Tipperary.

 

The figure in Leitrim is €721 while in Sligo the figure for existing tenancies in the final quarter of 2023 was €833.

 

Research Officer with the ESRI, Rachel Slaymaker, says some areas are being hit a lot harder than others:



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