Nationally, market rents in the final quarter of 2022 were an average of 13.7% higher than the same period a year earlier
In Kildare, market rents were on average 12.3% higher in the final three months of 2022 than a year previously, according to the latest report by Daft.ie.
The average listed rent is now €1,735, up 135% from its lowest point.
Market rents in the final quarter of 2022 were an average of 13.7% higher than the same period a year earlier
The average market rent nationwide between October and December was €1,733 per month, up 2.7% compared to the third quarter of the year and 126% above the low of €765 seen in late 2011.
While there are regional differences, all parts of the country are experiencing substantial year-on-year increases in open market rents.
In the year to December 2022, the rate of inflation in Dublin was 13.1%, Cork City was 14.9%, Limerick City was 18.9% and Waterford City was 20.2%.
Outside the cities, the average annual increase in market rents was 13.6%.
Nationwide, there were just 1,096 homes available to rent on February 1st, down over 20% on the same date a year ago and roughly one quarter the average level of availability during 2015-2019.
Nationally, market rents in the final quarter of 2022 were an average of 13.7% higher than the same period a year earlier, as availability of rental homes remained near an all-time low, according to the latest report by Daft.ie.
While there are regional differences, all parts of the country are experiencing substantial year-on-year increases in open market rents. In the year to December, the rate of inflation in Dublin was 13.1% while in Cork city, it was 14.9%.
As in recent quarters, the increase in market rents around the country is driven extraordinary shortages in the availability of rental accommodation.
The figures above refer to open market rents but the report also includes an index of rents paid by sitting tenants, rather than movers, using a bespoke survey of tenants.
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