Drop In Cost Of Renting In Clare

Housing, Mortgages

The average cost of renting a home in Clare dropped in the final three months of last year.

The latest figures from the Residential Tenancies Board show the average price of renting a home in the county stood at €654 per month between October and December last, down from €663 the previous quarter.

But the figure still represents an almost 7% rise on the same period in 2016.

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Shannon was the most expensive place to live, where it’s costing renters €754 on average, followed by Ennis at €694, and in West Clare the average cost is €584 per month.

Nationally, rents are continuing to rise and remain higher than the boom, but Rosalind Carroll of the RTB says the rate of growth has slowed.