Students face paying €1,500 more in rent for academic year

Galway City Tribune – Private rented accommodation will cost students in Galway City an average of €1,500 extra for the 2018/19 academic year compared to the last year, according to new research.

It has led to a fresh warning that students will again be forced out of education because of financial strain.

Figures from property website Daft.ie show that rents in private accommodation in Galway City are up around 16% in the past year, and are now averaging €1,189 per month (up from an average of €1,026 a year ago).

In fact, rents are now up by just over 80% since the rental market trough at the end of 2011 – an average increase of around €530 per month or €4,770 for the academic year.
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