Kildare Rents Are Now 111% Above Their Lowest Point: Daft.ie.

Tuesday, 10 August 2021 07:15

The average rent in the county is €1,482 per month.

Rents in Kildare have risen by 8% over the last year, and are now 111% higher than their lowest point

That's according to the latest report by Daft.ie, for Quarter 2.

It shows the average rent in the county is €1,482, up 2.1% on the fist three months of the year

Nationally, rents have increased by 5.6%, which Daft.ie says is "the strongest year-on-year increase since mid-2019".

Supply remains an issue all over Ireland - 2,455 rental homes were available across the country in the study period. This is lowest number on record

The number of homes available to rent in Ireland hit an all-time low at the start of August, according to the latest Daft Rental Report. https://t.co/qpQsNEtMbH
— TheJournal.ie (@thejournal_ie) August 9, 2021

But, Ronan Lyons, economist at Trinity College Dublin and author of the Daft report, says attempting to ban rent increases won't actually solve the problem:

Ronan Lyons joined Clem Ryan on Tuesday's edition of Kildare Today for an extended interview on the report.

While a group representing auctioneers and property valuers, says there's a lot of uncertainty in the rental market.

Pat Davitt, Chief Executive of the IPAV, says the Government need to do more to reassure landlords:

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