Average rent in Kerry jumps three per cent

Daftmonthly rent in Kerry has risen almost three per cent in a year. That’s according to the latest rental survey by property website Daft.ie for the first quarter of 2016. Daft.ie says there a rural-urban divide when it comes to rents in Munster, while cities are surging ahead rental increases in the rural parts of the province are far more modest. The average monthly rent in Kerry stood at €623 in the first three months of the year. That is up 2.8 per cent in a year and 13.8 per cent since property sector crash. However, the figure is down 0.2 per cent compared to the previous quarter. The average rent for a one bed apartment is €416 (up 3 per cent), a two bed house is €418 (up 2.9 per cent), a three bed house is €594 (up 1.6 per cent), a four bed house is €638 (up 0.7 per cent) and a five bed house is €709 (up 4 per cent).