Rents up by a third since 2011 low point, report shows

Rents nationwide rose by an average of 9% last year and by an average of 1.5% between September and December, it has emerged.

Towards the end of last year the national average rent was €979, according to the latest quarterly rental report by the property website Daft.ie.

However, the average rent nationwide has risen by almost one third (32%) since bottoming out in late 2011 and is just 5% below the early 2008 peak.