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In Waterford City, rents have risen by 14.1 per cent in the last year and the average figure is now at €1,549. Rent has risen by 5.4 per cent since the last quarter.
Renters in Dublin City Centre pay €8,359 more than mortgage holders.
Rents are rising faster outside of Dublin. In the third quarter of this year rents rose by an average of 1.8%.
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Lyons and his fellow participating galleries hope Gallery Weekend will spotlight what’s on and encourage new visitors with late evening openings
Housing Minister Darragh O’Brien said recently that it is “indisputable” that we have seen a reduction of around 40,000 rental properties in the private rental sector.