Cork City had one of the highest rent increases in 2020

There has been a sharp fall in homes available to rent in the country with a drop from 2,000 on February 1 last year to just 1,139 a year later

Research by Daft.ie shows that the average rent nationwide in the final three months of 2021 was 0.9% higher than a year previously. Photo: Dominic Lipinski/PA Wire

Renters in Cork City, Waterford and Galway were among the hardest hit with rent increases in 2020, according to the latest market report.

Research by Daft.ie shows the average rent nationwide in the final three months of 2021 was 0.9% higher than a year previous.