Average monthly rents in the Ennis Local Electoral Area were €1,148.27 during the first quarter of this year | FILE PHOTO/Adrian Butler
ENNIS town and the surrounding areas have been designated as a Rent Pressure Zone, it has been confirmed.
According to the Residential Tenancies Board, which has published its Rent Index for the first quarter of this year, standardised average rents in County Clare and 15 other counties were above €1,000 between January and March.
The Rent Index report is based on a number of criteria including new tenancies in existing rental properties, new
properties being let for the first time and new tenancies in properties that have not been let in the previous two years.
The RTB says it is not designed to provide a measure of the rents being paid by existing tenants and that the term “new tenancies” refers to a new rental agreement between a landlord and tenant.
Nationally, the Q1 2023 Rent Index shows the standardised average rent in newly-registered tenancies was €1,544 per month - a 8.9% increase year-on-year.
According to the report, the highest standardised average rent in new tenancies for Q1 2023 were in Dublin at €2,102 per month while the lowest monthly rents were in Leitrim where the standardised average stood at €809 per month.
According to the report, the average monthly rent in County Clare between January and March was €1,073.99 - up from €920 in the same period last year.
It was €1,148.27 in the Ennis LEA, €1,130.04 in the Shannon LEA and €1,096.17 in the Killaloe LEA. The average monthly rents in the Ennistimon and Kilrush LEAs have not been published for statistical reasons.
Having considered the figures, the Minister for Housing has now designated the Ennis Local Electoral Area as a Rent Pressure Zone along with the administrative areas of Kilkenny County Council; Limerick City and County Council Waterford City and County Council.
This means that rents in these areas cannot now be increased by more than the rate of general inflation.
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