Rents in Munster rose 9.4% year-on-year, reflecting very low availability – just 209 homes were available to rent on November 1, up slightly on a year ago but very low compared to the last decade. In Cork City, rents have risen by 12.1% in the last year and the average rent is now €1708. In the rest of Cork, market rents were on average 7.3% higher in the third quarter of 2022 than a year previously. The average listed rent is now €1305, up 119% from its lowest point.

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