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Weekly or monthly rental rates?

  • 21-03-2012 10:50pm
    #1
    QuiteInterestin
    Registered Users, Registered Users 2 Posts: 623 ✭✭✭


    Looking at properties to rent on daft.ie at the moment. A lot of the properties are advertising weekly rates while others advertise monthly. Does anyone know for the weekly rates, would I just multiply this by 4 for the monthly rates or would it be weekly rent x 52 and divided by 12 to get the monthly rate? What would be the standard? Where I live at the moment was advertised as €XX per week and I pay x4 this per calender month. Anyone out there be able to tell me what is there experience when landlords only give rent rate per week?


Comments

  • #2
    MariMel
    Registered Users, Registered Users 2 Posts: 323 ✭✭MariMel


    its multiply by 52 and divide by 12 to get the monthly rent.
    If you only pay 4 weeks rent every month then there are 4 weeks rent you wont be paying in the year.


  • #3
    QuiteInterestin
    Registered Users, Registered Users 2 Posts: 623 ✭✭✭QuiteInterestin


    Thanks for the reply, just wondering when landlords advertise a weekly rate, is that what they expect from the tenant (i.e. (weekly rent x 52)/12)? Like I said, where I live at the moment it was advertised as €XX per week, and I pay 4 times this per calender month, but I'm guessing this isn't the norm. I've always house-shared up until now but I'm beginning to look at renting my own place. I have a strict budget (a monthly figure) and I'm trying to work out what places are within my budget.


  • #4
    djimi
    Registered Users, Registered Users 2 Posts: 13,237 ✭✭✭✭djimi


    The norm is monthly from my experience anyway.

    If a landlord advertises weekly then Id expect to be paying weekly. I dont really see why they would advertise weekly and then expect to actually get paid monthly (unless they somehow think they are being clever by making it look like a smaller amount or something).


  • #5
    QuiteInterestin
    Registered Users, Registered Users 2 Posts: 623 ✭✭✭QuiteInterestin


    Thanks for the replies. I've nearly always paid monthly so that's why I found the weekly rental rates a bit odd. I think its more of a ploy to make them look cheaper then actually expecting the rent to be paid weekly. Personally, I wouldn't be too keen on having to set up a DD/SO for a weekly payment when a monthly one would be a lot easier, and I definitely wouldn't want the landlord calling around once a week to collect the rent. Won't actually be moving until nearer summer so I've plenty of time to look around. Thanks for the replies :)


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