Landlords Take Note: Additional Rent Pressure Zones Announced

The Entire administrative area of Kildare County Council now designated a Rent Pressure Zone with Monasterevin and Kildangan electoral divisions now included in Rent Pressure Zones.

This comes following the publication of the Residential Tenancies Board’s (RTB) Rent Index Report for Q2 2020 (published today 29 September 2020).

Click HERE for Rent Pressure Zone Listing.

The RTB Quarter 2 Rent Index for April to June 2020 published today shows:-

• Quarterly rent levels moderated across the country amid Covid-19 crisis, with 0.0% annual change in Dublin
• Rents fell nationally between Q1 and Q2 2020 to stand at €1,226
• Quarterly drop of 0.6% on rents from the previous quarter
• Annual growth rate of rents nationally at 1.8% is at the lowest rate since 2012.

Quarterly, rent levels have moderated across the country, with 13 counties having lower standardised average rents in Q2 2020 than Q1 2020. The national standardised average rent decreased by 0.6% from €1,233.58 to €1,226.20 in Q2 2020.

At 1.8%, the year-on-year growth rate of the national standardised average rent in Q2 2020 was at its lowest level since 2012. The standardised average rent in Dublin now stands at €1,709 and €928 outside of Dublin. Compared to the previous quarter, rents outside Dublin increased by 0.3%, while they decreased by 1.5% in Dublin. On an annual basis, Dublin experienced no growth, while rents outside Dublin grew by 3.4%.

Click HERE for RTB Rent Index Report for Q2 2020


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