Wednesday, December 31, 2014

The cost of renting in Cork

 

Rents on the rise on Leeside

Cork tenants face 2.3% jump in rent in past 3 months


Just a small piece related to a  recent article I wrote about rent prices in Cork.

The national quarterly index published by the Private Residential Tenancies Board is the most authoritative resource for such information as it contains a database of more than 300,000 rental agreements.

However, PRTB press releases understandably don't allow for focus on rents at a micro-level.

The situation is Cork reflects how rents can vary according to geography with certain locations proving more popular (and thus more expensive than others).

Here's the article from the Irish Examiner http://tinyurl.com/m4fmu54

And an intergraphic graph to see how rent levels in more than 40 locations within Co Cork have varied over recent years.

Essentially, the data overall shows that rents are picking up in most places....not just a Dublin phenomenon.

Happy to provide graphs on rent data in other counties upon request.