National average monthly rent now stands at over €1,000

For the first time since 2008 the average cost of renting a home now stands at more than a thousand euro a month. Houses Property website says rents in Dublin are now 1.3 per cent higher than at their peak before the crash. The body has released its latest quarterly report which has found the average rent is now 1,006 euro, the first time its surpassed one thousand since May of 2008.