Rental Statistics for Armagh City, Banbridge and Craigavon
Rental Trend and Report for 2025
Key Insights
- Average rent in Armagh Banbridge and Craigavon is £787 monthly (↗ 7.2% vs last year) 6.8% up compared to the previous month.
- Armagh Banbridge and Craigavon's monthly rental is £79 cheaper than average rental within its region ( Northern Ireland - £866) and £573 cheaper than average rental in UK (£1,360).
- In terms of annual change, Armagh Banbridge and Craigavon's inflation rate is 0.6% higher than Northern Ireland's average rate of 6.6% and 2.2% higher than the average UK's rate of 5%
Monthly Rent
£787
Avg across all property types
Annual Change
+7.2%
December 2024
Apartment
£676
Terrace
£951
Semi-detached
£850
Detached
£734
Rental Trend
Historical Rental Price
| Period | Rental | vs Prev Period | vs Prev Year |
|---|---|---|---|
| H1 2025 | £787 | +6.8% | +7.2% |
| H2 2024 | £737 | +0.4% | +7.2% |
| H1 2024 | £734 | +0.0% | +7.2% |
| H2 2023 | £734 | +7.2% | +0.4% |
| H1 2023 | £685 | +4.4% | +10.8% |
| H2 2022 | £656 | +6.1% | +6.8% |
| H1 2022 | £618 | - | +6.2% |
Source: Northern Ireland Housing Executive (NIHE) in partnership with Ulster University