The cost of Rent in Roscommon has increased by an average of 6% during the past 12 months according to today’s report from property website Daft.ie
Overall rent prices have increased by 7.9% since the “trough” or lowest level, compared to a 35% increase in Galway City.
The good news, is that despite the increase Roscommon is still one of the least expensive places in Ireland to rent a home. The report found that the average price to rent in Roscommon was €532 per month with a full break down as follows:
The report also found the in the case of 1, 2 and 3 bedroom homes it would be less expensive to pay a mortgage than rent a home, even allowing for an increase in the interest rate.