Clare Rents Jump By 9% In A Year

The cost of renting a home in Clare has jumped by almost 9% in the space of a year.

The latest rent index by Daft.ie shows that the average home in this county now costs €771 per month, almost 50% more than four years ago.

Nationally, the average rent in the second quarter of this year was €1,304, a jump of over 200 on the 2008 peak.

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Author of the report, Economist Ronan Lyons says it’s a worrying time for those in the rental market: