REVEALED: Carlow housing rent market up 8% from last year new stats show
Daft has reveled statistics on the Carlow rental market
New statistics from Daft show that Carlow rent prices are on average 8% higher than the same period last year.
Market rents in Leinster's south-eastern counties rose 7.2% year-on-year, down from 14.8% in early 2023. The increase in rents reflects very low availability, with just 56 homes available to rent on May 1st, one quarter of the 2015-2019 average. In Carlow, market rents were on average 8% higher in the first three months of 2024 than a year previously. The average listed rent is now €1460, up 47% from the level prevailing when the covid19 pandemic occurred.
They have also released a breakdown of average rents based on size of the property, along with the increase in that rent from the same period of the first quarter of last year in Carlow.
The average price for a 1 bed apartment is €908 monthly with an increase of 8.5% from last year.
2 bedroom house is €1,130 which is 6.8% greater than 2023.
3 bed house is €1,325 which is a 10.4% increase on Q1 of 2023.
A 4 bed house is on average €1,544 which is an increase of 9.9%.
And finally the rental price is €1,679 which is the largest percentage increase of 19.1%.