Mid-West rental accommodation supply declines while rents stay high

In Limerick city, about 16 homes were available to rent for about €1,913 per month

'To encourage urban living and create a more dense population in cities such as Limerick, more smaller style homes such as one-beds and apartments need to be delivered,' said chief economist with Limerick Chamber Seán Golden. Picture: Gareth Fuller/PA Wire

Just under 100 homes were available to rent at high costs in the Mid-West in January, marking the sixth consecutive month without an increase in rental accommodation in the area, a report found.

Limerick Chamber’s Mid-West Rental Monitor report, which includes rental availability figures for Limerick, Clare, Tipperary, and some surrounding areas, found the average and median rent costs have remained relatively constant overall for the region, while supply has fallen.