Market report · Newry
Newry rental market report
A data-led look at the Newry rental market — rents, yields, demand and the trends shaping Down.
Newry at a glance
The Newry rental market in Down is active and competitive, with average rents around £1,685 pcm and rents up roughly 6.6% over the past year. Strong commuter links and local employment keep demand from tenants consistently ahead of available supply across BT34, BT35.
Average rent
£1,685 pcm
Average price
£480,000
Gross yield
5.9%
Rent growth (1yr)
+6.6%
Tenant demand
High
Avg. void period
16 days
Average rents by property type
| Property type | Average rent (pcm) | Per year |
|---|---|---|
| Room / HMO | £689 | £8,268 |
| 1-bed flat | £1,313 | £15,756 |
| 2-bed flat | £1,641 | £19,692 |
| 3-bed house | £2,100 | £25,200 |
| 4-bed house | £2,708 | £32,496 |
Demand insights
Tenant demand in Newry is currently high. Well-presented, compliant homes typically let within 16 days, and verified tenants on DR Rent are matched to suitable Newry properties as soon as they list.
Market trends
- Rents in Newry are up around 6.6% year on year.
- Average property prices have changed by about 3.9% over 12 months.
- High demand is keeping average void periods near 16 days.
- Compliance standards under the Renters' Rights Act are reshaping the Down market.
Related guides
Stay ahead of the Newry market
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