Demand fuels price hike in Galway student accommodation

Galway Bay fm newsroom – Students renting in Galway city are facing significant hikes in accommodation rates due to a lack of supply. A report compiled by property website Daft shows third level students are encountering difficulty in finding suitable accommodation due to the current level of demand. The average rate for a single room in the city is €275 – up 3 percent compared to last year. The price of a three bed house is €927 – up 7 percent. 240 student properties in Galway were available at the beginning of this month on the Daft website, compared to 400 at the same time last year.