Leitrim has cheapest rents in country

RENTS in Co Leitrim fell a further 7% in the last quarter of 2010. Leitrim has the cheapest rents in the country with an average w467 a month. The drop of 7.1% in the last quarter of 2010 was the biggest fall in rents across the island.

RENTS in Co Leitrim fell a further 7% in the last quarter of 2010. Leitrim has the cheapest rents in the country with an average w467 a month. The drop of 7.1% in the last quarter of 2010 was the biggest fall in rents across the island.

The report by Daft.ie indicated that the cost of renting in Ireland appears to be levelling out. Rents fell by just over half a per cent last year compared to a 15% drop in 2009 and 10% 2008.

The average rent in Dublin was w1,134, but it did not top south Co Dublin where the average rent was the most expensive in the country at €1,303.

In Connacht, rents fell by an average of 2.5% in the final three months of the year, compared to a fall of 0.5% between June and September.

To read the full story see this week's Leitrim Observer or subscribe to the e-paper.