Average cost of Kildare rent remains static since November 2016

Leader analysis finds fewer properties and fewer cheap properties

Conor McHugh

Reporter:

Conor McHugh

Email:

conor@leinsterleader.ie

Average cost of Kildare rent remains static since November 2016

There are fewer properties for rent in Kildare.

The cost of the average rental property listed on Daft.ie in Kildare is now €1,437, a slight increase over a similar survey conducted by the Leinster Leader on November 29, 2016, when it was €1,416.

There are, as of yesterday, Monday, March 26, 111 properties for rent in Kildare on Daft, down somewhat from 134 in November 2016. That was made up of 64 houses at an average rental of €1,600 and 47 apartments at an average rent of €1,210.

In November 2016, there were 79 houses at an average rental of €1,672, and 56 apartments,  seeking, on average, €1,125. While apartments are almost €100 more expensive, and average house is more €72.

However, the greatest and most significant change the in the figures is that the a much smaller percentage of available properties are more affordable end of the market. Whereas almost a third of properties, 43 out of 137 were priced at less than €1,000, now only 14 of the 111 or 12% are less than €1,000.

Of the apartments, 15 are one-bed, 26 are two-bed, four are three-bed with one four-bed apartment. There are six one-bed houses, 11 two-bed, 25 three-bed, 23 four-bed and 10 five-bed houses.

The most expensive house to rent in Kildare is in St John’s Grove, Johnstown, for a five-bed at €3,800 per month. The cheapest is 3 Canal Side, Athy for €750 which is largely in line with the prices in November 2016.

The most expensive apartment is €2,000 which is in the Ladycastle development in K-Club, and the least expensive is described on Daft.ie as “a little house in a log cabin with virtually everything included - this is a favourite den of ours and a real treasure.” It is listed for €695 per month and has one bedroom. It appears to be a log cabin on the grounds of another house at Aranbead farm, Straleek, Clebridge.

Again, these figures are more or less the same as those from November 2016.

In terms of availability in various urban centres, Allen, Ballitore, Ballymore Eustace, Carbury, Coill Dubh, Johnstown, Prosperous and Suncroft only have one rental property each. Kill, Kilmeague, Moone, Monasterevin, Rathangan and Straffan have two each. Kildare town and Sallins have three each which Kilcock and Celbridge have four. Donadea has five and Clane has six. The largest concentrations are in Athy has 11, Newbridge has 12, Leixlip has 16 and Naas has 23. 

Not surprisingly, given that it has the college supplying numerous potential renters, Maynooth has 42 properties on offer. It is noteworthy that since the Leinster Leader survey was conducted November 2016, rent control measures have been introduced in Maynooth, Celbridge, Naas and Kildare Town. The effect of the control is that the rent cannot be increased by more than 4% every two years.

Although it is likely to take some years before the true effect of this measure is obvious, anecdotally renters in those towns have said that while rents remain high, they are now more predictable. The chairwoman of national housing charity Threshold, Dr Aideen Hayden has noted that “While the private rental sector is still under pressure, it is encouraging to see Rent Pressure Zones (RPZs) beginning to make an impact, with an obvious slowdown of rent increases in these areas.

“Rent Pressure Zones have provided much needed relief to many tenants who were facing unsustainable rent increases and possible homelessness.”