The Central Statistics Office (CSO) of Ireland have just recently published the average weekly rent for households in Ireland.
This year’s stats have shown that the average weekly rent rose by a whopping 16.8% between the years 2011 and 2016.
In 2011, the average weekly rent paid to private landlords was €171.19, according to the CSO.
However, back when the Census was taken last April, the average was recorded as being €199.92, a whopping 16% increase on the 2011 figure.
The report also shows that the most significant increases in rent prices were found in: Dublin City (an increase of 30% since 2011).
As well as this, it’s also been revealed that 48,933 people paid a weekly figure of at least €300 in rent to private landlords in April of last year – an increase of a whopping 166% in just five years.
Want to know more? The report can be viewed in full here.
But be warned, it’s not for the faint hearted…