Average rent in Wexford is slightly up at €570 a month

By David Tucker

Published 26/03/2016 | 00:00

The average rent for all dwellings in the private rented sector in County Wexford in the fourth quarter of 2015, and which were registered with the Private Residential Tenancies Board (PRTB) was €570.

This was up €6 when compared to the average rent in the third quarter of the year, when the amount was €564, and was up €23 when compared to a year earlier, in the fourth quarter of 2014. The data from the latest PRTB Quarterly Rent Index, compiled by the Economic and Social Research Institute (ESRI) for the Board, is the most accurate and authoritative rent report of its kind on the private accommodation sector in Ireland. This is because it is based on the actual rents being paid, according to the PRTB's records, as distinct from the asking or advertised rent.

At a national level, monthly rent levels rose in Q4, 2015, by 2.2% when compared with Q3 when the growth rate was 3.6%. Looking at the trends in more detail, monthly rents countrywide for houses were up by 1.5% quarter on quarter, while rents for apartments were 2.7% higher than in Q3, 2015.

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