Rental costs rise by 2.7% in 2020 as Dublin rents average €1,745

Donegal and Leitrim are counties with lowest monthly rents at €626, RTB index shows

‘The impact of Covid-19 on the rental sector continued into the fourth quarter of 2020,’ said Padraig McGoldrick, interim director of the Residential Tenancies Board. Photograph: Kevin Van Paassen/Bloomberg via Getty Images

‘The impact of Covid-19 on the rental sector continued into the fourth quarter of 2020,’ said Padraig McGoldrick, interim director of the Residential Tenancies Board. Photograph: Kevin Van Paassen/Bloomberg via Getty Images

The cost of renting a home in Ireland rose by 2.7 per cent in 2020 to €1,256 per month, according to the Residential Tenancies Board (RTB).

This was a significantly slower rate of growth than the 6.4 per cent recorded in 2019.

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