People living in private rented accommodation in County Galway paid around €400 extra to their landlords compared to 2014, according to new Government figures.
The latest figures from the Private Residential Tenancies Board (PRTB) and Economic and Social Research Institute (ESRI) show that rents in the county at the end of September were up an average of €33 per month on the same time a year earlier – that equates to almost €400 per annum.
The PRTB Rent Index is the most accurate rent report of its kind on the private accommodation sector in Ireland because it reflects the actual rents being paid, according to the PRTB’s records, as distinct from the asking or advertised rent, which is the basis of other rent reports such as Daft.ie.
An analysis of the figures by the Connacht Tribune shows that outside of Galway City, the most expensive area to rent was in Barna, at an average of almost €930 per month.
However, the biggest jump in rents in county towns and villages over the past year was in Monivea, which is up almost 54% from €505 to €775 per month.
The other most expensive areas in which to rent were Headford (€890 per month) and Oranmore at €778.
The cheapest areas in the county in which to rent were Portumna at €430 per month on average; Ballinasloe at €495 and Clifden at €525.
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