Donegal and Sligo see high rent increases at start of 2024

Donegal and Sligo were among the highest increases in rent prices in the first three months of 2024.The latest Daft.ie report shows that rents in Donegal were 13.3% higher than a year previously, with the average rent price in the county now standing at 1,126.Sligo also recorded double figures in terms of increases with 12.4% recorded there bringing the average rent price to 1,276.Similar to its fellow north west counties, Leitrim also recorded an increase at 9.3% with average prices at 1,049.Ronan Lyons, author of the report, says reduced supply and increased demand can be earmarked as reasons behind the growth in prices in the north west.