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Kildare Today

with Hannah Kelly

7% Rise In Kildare Rents Since This Time Last Year

Photo: Shuttershock

It comes as nationwide market rents rose by 1.4% between March and June

Q2 market rents in Kildare were on average 7% higher than a year ago.

It comes as nationwide market rents rose by 1.4% between March and June.

However, it's a drop from the record 4.4% increase in the first quarter and slightly below the average quarterly increase seen over the last decade.

The average market rent for a two-bedroom apartment nationwide is now €2,204 per month.

Inflation also remains high in the four major cities outside Dublin.

The report shows that market rents in the second quarter were 13% higher year-on-year in Galway city, 12% higher in Cork, up 11% in Limerick, the rate in Waterford city, at 5.5%.

There were just under 2,400 homes available to rent nationwide on August 1st.

Although an increase of 5% on the same date a year earlier, it highlights that availability in Dublin fell by 18% over the year, to fewer than 1,150 homes, while across the rest of the country it rose by 40%.

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