Number of people renting in Kilkenny rises as fewer young people buy homes

Cost of rent has also risen according to Census 2016 data

Sam Matthews

Reporter:

Sam Matthews

Email:

sam.matthews@kilkennypeople.ie

Number of people renting in Kilkenny rises as fewer young people buy homes

The number of people renting accomodation rather than buying in Kilkenny is increasing, while the age at which people are buying their own homes is also rising.

According to new data from Census 2016, there are now fewer ‘younger’ home owners in the county than four years ago, while the number of people living in rental accomodation has risen considerably.

In Kilkenny, 8,741 households were in rental accommodation in 2016, compared with 7,863 in 2011. This represents an increase of 11%.

The average rent paid to private landlords was €145.22, which is also an increase on the 2011 figure of €135.58.

The percentage of people who own their own homes in Kilkenny has declined. The home ownership rate here was 73.0% last year, down from  75.4% in 2011.

The full report is available on the CSO website at www.cso.ie/en/census.