South Kildare rent rises proportionately higher in 2016

Rathangan residential rents up 10.4%

Henry Bauress

Reporter:

Henry Bauress

Email:

henry.bauress@leinsterleader.ie

South Kildare rent rises proportionately higher in 2016

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 The largest percentage average rent increases in county Kildare between 2015 and 2016 were experienced in the south of the county, according to analysis of Rental Tenancy Board (RTB) estimated prices, published on December 20.

When it came to average rents for all types of property, Rathangan experienced the largest % rise in average monthly rent - 10.4% -  to €782.

Next came Athy with a 10.3% rise to €643, according to Leinster Leader calculations based on the RTB RIA02 table, hosted by the Central Statistics Office.

Kilcullen, Kill, Sallins also saw rises in the ten percent range, to €895, €1,036 and €1,010 respectively, with Monasterevin, Newbridge and Naas seeing rises in the 9% range to €767, €895 and €1,036.

The lowest increase was in Leixlip, 5.4% to €1,170.

Celbridge was next with a 5.7% rise to €1,088, followed by Kildare town, up 6.1% to €883.

When it came to semi detached houses, the biggest rises were in Athy (11.2%), Clane (11.1%) and Newbridge (10%) with Leixlip the lowest at 4.3% to €1,196.

On the apartments front, the largest increase was in Kilcullen, a 14% jump to €881, followed by Monasterevin, a 12.7% rise to €702 and Naas a 12.1% rise to €973.

The lowest increase was in Maynooth, where average apartment rents rose €1,055 to 5.9%.

The RTB Rent Index Q3 2017 report said that for the county as a whole, the standardised average rent rose 2.8% to €1,114 between Q2 and Q3 this year. It was €1,056 in the third quarter of 2016.