A new report from Daft.ie shows in Waterford City rents have risen by 19.7% in the last year and the average rent is now €955.
In County Waterford, rents were on average 13.5% higher in the third quarter of 2018 than a year previously.
Elsewhere in the South East the average rent is 930 in Kilkenny, 898 in Carlow, 825 in Wexford and in Tipperary the average rent is 785 euro.
The average advertised rent is now €863, up 52% from its lowest point.
Rents across the country are continuing to rise. They increased nationwide by an average of 11.3% in the year to last September, according to the property website, Daft.ie.
It is the tenth consecutive quarter that a new, all-time high for rents has been reached, with annual rent inflation exceeding 10%.
The average monthly rent countrywide was €1,334 between July and September this year.
The rental cost is €304 higher than the previous peak, in 2008, when the financial crisis hit, and €590 higher than when rents were at their lowest, in 2011.
In Dublin, rents were, on average, 10.9% higher over the third-quarter of 2018 than a year previously.
The average advertised rent in the capital has now reached €1,968, almost double what it was in 2011.
Rental costs in other cities continue to rise rapidly, too:
Waterford: €955, +19.7%
Cork: €1,301, +13.7%
Limerick: €1,151, +20.3%
Galway: €1,226, +16.1%
While the average inflation rate for other cities is 15.9%, the inflation rate elsewhere in the country is 10.6% and the average rent is €937.
The cost of renting a room increased by 10% in Cork City, to €467 for a single bed; it was €358 in Limerick (+8.2%), and €335 in Waterford (+13.2%).
For a double bed, the average rent was €545 in Cork City (+11%); €455 in Limerick (+15.2%), and €368 in Waterford (+13.9%).
