Rents down across Kildare

the average rent in County Kildare is €799, a fall of 30 percent from the peak during the boom.

the average rent in County Kildare is €799, a fall of 30 percent from the peak during the boom.

That’s according tot he latest quarterly rental report from Irish property website Daft.ie.

Rents in Dublin’s commuter counties fell by 0.2% in the first three months of 2012. Kildare fared slightly better than Wicklow or Meath, as rents in early 2012 were 0.1% lower than a year previously. This is more or less in line with the national average.

Ronan Lyons, Economist at Daft.ie, said: “There is now a clear difference in rental trends between the major urban centres of Dublin and Cork, where rents are rising, and the rest of the country, where rents are falling, albeit slowly. This difference reflects greater demand for living near cities, which are home to most new jobs, and also reflects supply factors. The number of properties available to rent in larger cities is falling, with 13% fewer properties available to rent in Dublin now than a year ago.”