The average rent for all dwellings in the private rented sector in Mayo in quarter two of 2015, and which were registered with the Private Residential Tenancies Board (PRTB ), was €514. This was up €3 when compared to the average rent in quarter one when the amount was €511, and was up €8 when compared to a year earlier, in quarter two last year.
This data comes from the latest PRTB Quarterly Rent Index which is compiled by the Economic and Social Research Institute (ESRI ) for the board. It is the most accurate and authoritative rent report of its kind on the private accommodation sector in Ireland. This is because it is based on the actual rents being paid, according to the PRTB’s records, as distinct from the asking or advertised rent.
If people are interested in looking at the rent that applied for different dwelling types (house, apartment, number of bedrooms ), and for different locations, in the county, they can check this out at www.prtb.ie (click “rent index” ), and go the Average Rents in my Area (Dataset ).
Monthly rents for private sector accommodation across the country rose 7.1 per cent in the second quarter of (Q2 ) of this year compared with the same period last year. Nationally, rents for houses were 6.4 per cent higher, while apartment rents were 7.6 per cent higher than in Q2 of 2014.
All landlords are legally obliged to register tenancies with the PRTB and the number of new registrations with the PRTB in Q2, 2015, was 21,606. The overall number of tenancies registered with the PRTB as at the end of Q2, 2015, was 322,662.
