Midlands Rents Up Close To 5% Compared To Last Year

Tenancies across the region cost more €1,500 per month.

Midlands rents continue to rise year on year.

Tenants were paying €1,624 in Westmeath, according to the Daft.ie report for Quarter Four of 2024.

That's an increase of 5.5% when compared to the same quarter for 2023.

The average cost of renting a home in Offaly is up to €1,554, up 4.8%.

While in Laois the figure is €1,531 - an annual increase of 3.7%.

Author of the report, economist Ronan Lyons says we're now a decade into the rental crisis - and there's very little to suggest it will end any time soon:

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