THE price of a house in Donegal may have halved in recent years – but student leaders are furious at a survey showing that rents have been hiked UP ahead of exam results this week.
It means students wanting to go to Letterkenny IT will pay a whopping 7.5% more than last year.
Students enrolling in Trinity, DIT, GMIT, Waterford IT, Sligo IT and NUI Galway all benefiting from lower asking prices than at this time last year.
Only student rental properties for students going to the University of Limerick were higher – at more than 8% up.
However it should be pointed out that Letterkenny is still the CHEAPEST place in the country to rent, despite the hike.
Students’ Union welfare officer Rachel Breslin said the increase in rental prices was ‘almost ironic’ given how students would now have to live farther away from their colleges in order to qualify for the highest rate of college grants.
A league table of rental prices is below:
College | Area | Avg. Monthly Rent | Year On Year Change |
TCD/DIT | Dublin City Centre | €485 | -3.2% |
UCD/IT Tallaght | South Dublin City | €466 | -0.2% |
DCU | North Dublin City | €398 | -1.0% |
IT Blanchardstown | West County Dublin | €372 | -1.1% |
NUI Maynooth | Maynooth | €352 | -2.5% |
UCC | Cork City Centre | €335 | -2.9% |
NUI Galway/ GMIT | Galway City Centre | €328 | -3.2% |
Cork IT | Cork City Suburbs | €326 | 0.3% |
Carlow IT | Carlow Town | €289 | 0.0% |
UL / Limerick IT | Limerick City | €288 | 8.7% |
Waterford IT | Waterford City | €271 | -5.2% |
IT Tralee | Tralee | €264 | 2.7% |
Athlone IT | Athlone | €259 | -1.1% |
Sligo IT | Sligo | €255 | -4.1% |
GMIT | Castlebar | €241 | -7.3% |
IT Letterkenny | Letterkenny | €235 | 7.3% |
The full report can be seen here: www.daft.ie/report/Daft-Rental-Report-Q2-2011.pdf
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