Advertisement
News

Cost of renting a home in Kerry jumps nearly 50% since before Covid

May 20, 2024 13:42 By radiokerrynews
Cost of renting a home in Kerry jumps nearly 50% since before Covid
Share this article

The cost of renting a home in Kerry has jumped nearly 50% since before the Covid pandemic.

The latest quarter one rental report by Daft shows the average cost of renting a home in Kerry is just over €1,300 a month (€1,304).

Rent is still rising across the country, including in Kerry, but the rate of that increase is slowing.

Advertisement

The average year-on-year change in Kerry is up 4.1% but the quarter-on-quarter change is 0.3%.

The average market rent in the first quarter of the year for a 1 bed apartment in Kerry was €858 per month - up 10% in the last year, for a 2 bed house, it's €1,034 - up 9.4%.

Rent for a 3 bed house in Kerry is €1,217 per month - up 9.8% year on year, for a 4 bed house, the average monthly rent is €1,412 - up 13.7%.

Advertisement

The only property type to decrease is the 5 bed house, the market rent for which dropped 0.5% in the year to €1,404.

These figures represent a rise of 48% from pre-covid times.

In the whole of Munster, there were just 240 homes listed for rent on the 1st of May, down 4% on the same date a year ago, and roughly one quarter of the 2015-2019 average of close to 1,000 homes.

Tags used in this article
Share this article
Advertisement
Advertisement

Recommended

Advertisement

RadioKerry Newsletter

Sign up now to keep up to date with the latest news.

Processing your request...

You are subscribed now! please check your email to confirm your subscription.