'Worrying signs' as Midwest rental prices hit record high

The average rental price in the region increased to €1,673 - up from €1,524 in the previous month - with the median price rising to €1,550, up from €1,400 in the same period

Following a second consecutive fall in the supply of housing, coupled with a "concerning" surge in rental prices, Limerick Chamber has warned that the current scenario poses a "significant threat" to the well-being of its community

Alarm bells have been raised about the "significant threat" of housing shortages following a surge in rental prices across the Midwest of Ireland.

As well as seeing a decrease in the number of available homes to rent, Limerick Chamber's latest Mid-West Monitor found that September exhibited the most expensive average and median rental prices since records began in August 2022.