Advertisement
News

Reports shows Kerry rents up 39% in past decade

Sep 30, 2020 13:17 By radiokerrynews
Reports shows Kerry rents up 39% in past decade
Share this article

Rents in Kerry have risen 39% in the past decade, according to the Residential Tenancies Board. <a href="https://www.rtb.ie/images/uploads/Comms%

Rents in Kerry have risen 39% in the past decade, according to the Residential Tenancies Board.

Their Rent Index shows the average cost of renting a house in the county between April and June of this year was €792, up from €571 in 2010.

The Residential Tenancies Board Rent Index for April to June 2020 shows that the national standardised average rent grew 1.8% in the past year to €1,226.

Advertisement

In Kerry, rents were up 3.8% or €29 in the past year to €792 in the second quarter of this year.

Compared to the first three months of this year, rents in Kerry were up €3, a rise of almost 0.4%.

Looking at the same three months ago in 2010, rents in Kerry in that 10 year period are up €221 a month, a 39% increase.

Advertisement

In Killarney, rents between April and June of this year were on average €913.71; in April Killarney was deemed a rent pressure zone by the RTB, meaning rents can’t be increased by more than 4% per annum.

The average rent in Tralee between April and June was €818.14; in Kenmare it was €746.94, while it was €650.82 in Listowel.

Rent figures weren’t published for the Castleisland or Corca Dhuibhne LEAs; the report notes that rents in areas with less than 30 observations aren’t published for statistical reasons.

Advertisement

 

Share this article
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.