THE average rent for all dwellings in the private rented sector in Kerry in Quarter 2, 2016, registered with the Residential Tenancies Board (RTB), was €576.
This was up €4 when compared to the average rent in Q1, 2016, when the amount was €572, and was up €29 when compared to a year earlier, in Q2, 2015.
In Tralee, the average rent for a four-bed detached home was €696 up from €661 on Q2 2015. The average rent on a three-bed semi is €619 compared to €600 last year.
Over in Killarney, the average rent for a four-bed detached home was €762 in Q2 2016 and €702 for a three-bed semi.
For the full list of rental prices in Tralee scroll down to the tables below.
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This data comes from the RTB’s Quarterly Rent Index which is compiled by the Economic and Social Research Institute (ESRI) on behalf of the RTB.
It is the most accurate and authoritative rent report of its kind on the private accommodation sector in Ireland. This is because it is based on 22,103 new tenancies which commenced in April, May and June this year, and which were registered with the RTB. It reflects the actual rents being paid, according to the RTB’s records, as distinct from the asking or advertised rent.
On an annual basis, nationally, rents were 9.9% higher than in Q2, 2015; up from €869 to €956. Nationally, rents for houses were 9.3% higher annually in Q2 (up from €850 to €929), while apartment rents were 11.7% higher than in the same quarter of 2015 (up from €908 to €1,014.
Annual growth in the Dublin market was also strong, up by 9% (from €1,251 to €1,364). Dublin house rents were up by 7.5% (€1,388 to €1,492) and Dublin apartment rents were higher by 9.8% (€1,246 to €1,368).
The RTB now has a total of 323,271 tenancies registered, representing 172,121 landlords and 704,332 occupants.
All landlords are legally obliged to register tenancies with the RTB and the number of new registrations with the RTB in Q2, 2016, was 22,103.
The PRTB Index is of assistance for a range of Government purposes, including housing policy generally, and informing the Department of Social Protection’s Rent Supplement scheme. It is also an important reference document in landlord/tenant disputes on rent.
See tables below for Tralee rent prices in Q2 2016, and further down for Q2 2015 figures, or click here to compare with other Kerry towns (a 0.00 figure indicates insufficient data)…