Rental Costs In Clare Up 11% In The Last Year

Clare has recorded an over 11% increase in rental costs in the last twelve months

The latest quarterly report from Daft.ie shows that tenants are now paying an average of €1,239 per month for their accommodation needs in this county.

The largest increase in Clare’s property portfolio came in the way of 3 bed houses, rising by 19% in the last year.

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Meanwhile, the report shows a mortgage payment for a two-bed apartment is almost 50% cheaper than its rental cost.

A mortgage payment for such a property costs approximately €525 while renting the same dwelling charges €986.