Cork rents jump 2.3% in three months

Average rents across Cork city and county have increased by 2.3% in the last three months.

The latest figures from the rent index published by the Private Residential Tenancies Board show the average monthly rent in Cork is now just over €770 — an increase of €17 over the previous quarter.

Average rents in Cork had stayed largely static for most of 2014 but have shown signs of strong growth since the summer.