Rents in regional cities surge to more than €2,000 a month

In Cork City, rents have risen 10.4% to €2,077 while they are up 10.5% to €2,189 in Galway City.

Rents have risen by 7.2% in the last year, with the market rate surging for tenants in Cork City, Galway City, and Limerick City, new research has found.

The latest quarterly rental price report from Daft.ie also showed that, after a period of relative calm in the cost of renting in Dublin, rental inflation in the capital is accelerating to rates seen elsewhere across the country.