Almost of all of Wicklow now a Rent Pressure Zone as Blessington misses out
Almost the entire county of Wicklow is now designated a Rent Pressure Zone (RPZ) following the addition to the list of the final Local Electoral Area (LEA).
Baltinglass was one of four new areas announced by Housing Minister Eoghan Murphy this morning as added to the RPZ list.
It joins the electoral areas of Bray, Wicklow Town, Greystones and Arklow on the list of areas where rents cannot be increased by more than 4% per annum on both existing and new tenancies.
Blessington is now the only large town in Wicklow not in a rent pressure zone.
The average monthly rent sought in Baltinglass is €1,117 according to the latest Residential Tenancies Board Rent Index Report- higher than rents in Arklow (€1,033) but slightly lower than rents in Bray (€1,321), Wicklow Town (€1,175) and Greystones (€1,440).
With its addition to the list alongside Cobh in Cork, Piltown in Kilkenny and Sligo, Baltinglass becomes the 43rd local authority or local electoral area to be designated an RPZ.
The report also revealed Wicklow has the 3rd highest average rent for any county in the country, with only Dublin and Kildare fetching higher rents. These are the only three counties where tenants pay above the national average.
Rents in Dublin now stand at €1,762, in Kildare at €1,285 and in Wicklow at €1,262 (up 6% year on year).
The average national rent at the end of September 2019 stood at €1,242.74. The lowest rent nationally is in Leitrim where tenants can expect to pay close to €700 less a month – just €582.