Rent in Dundalk grew by 4% in Q1 2017
According to the Residential Tenancies Board rent the standardised average rent in Dundalk South is €728.
Provisional figures released this month show that in Q1 in 2017, rental prices increased from €892 in Q4 2016, to €927 by the end of Q1 in 2017.
This represents an increase of €35 or 4%.
Ardee saw a much smaller increase of €7 per month, at €794 from €787 at the end of Q1 2016, or a 1% increase.
The Dundalk Carlingford region saw a higher increase than both Dundalk South and Ardee. At €728 this is a rise of €38 or a 6% increase on Q4 2016.
These increases are not sufficient to meet the criteria for rent pressure zone designation.
Subscribe or register today to discover more from DonegalLive.ie
Buy the e-paper of the Donegal Democrat, Donegal People's Press, Donegal Post and Inish Times here for instant access to Donegal's premier news titles.
Keep up with the latest news from Donegal with our daily newsletter featuring the most important stories of the day delivered to your inbox every evening at 5pm.