Rents in Kilkenny soar, according to latest figures

In Kilkenny, market rents were on average 11.7% higher in the third quarter of 2024 than a year previously according to the most recent report from Daft.ie.

The average listed rent is now €1576, up 57% from the level prevailing when the Covid 19 pandemic occurred.

Market rents in Leinster’s south-eastern counties rose 8.5% year-on-year, compared to 12.4% earlier in the year. The on-going increase in rents reflects very tight availability, with just over 120 homes available to rent on November 1, up slightly year-on-year but still well below the late 2010s average.

The average open-market rent nationwide in the third quarter of the year was €1,955 per month, up 7.2% year-on-year and 43% higher than before the outbreak of Covid 19.