Icon
Come back

2 min

17 Apr. 2024

2910

Kyiv ranks last among European capitals in terms of rental prices: new study

Cost of living
Popular
Ukraine
Kyiv ranks last among European capitals in terms of rental prices: new study

According to the latest research, the capital of Ukraine is marked by its last position in the list of European capitals in terms of real estate rental prices. Find out more about how the cost has changed over the past six months and what dynamics are observed in other EU capitals

Apply for an insurance policy covering military risks for entry and stay in Ukraine
Apply for an insurance policy covering military risks for entry and stay in Ukraine
BUY


According to a recent LUN study based on data from the HousingAnywhere service, Kyiv ranks last among European capitals in terms of rental prices.


We will tell you how the cost of renting real estate in the capital of Ukraine and different European cities has changed over the year - further in the article.


Kyiv ranks last among European capitals in terms of rental prices: details


In the Ukrainian capital, rental prices for three-bedroom apartments have increased by 16.67% since February 2024. LUN experts explain this growth by seasonality and predict further rise in prices for one- and two-bedroom apartments in the near future.


The real estate rental market in Ukraine demonstrates higher dynamics and flexibility compared to other European countries, responding to various changes in the country, economy and politics, and quickly adapting to new conditions.




Visit Ukraine on social media: Telegram | YouTube | Instagram | Facebook | Twitter | TikTok




What are the trends in European cities?


In Europe, rental prices are growing more slowly, but they are not falling yet. Cities such as Amsterdam, Paris, The Hague, Munich and Utrecht are among the top 10 in terms of real estate prices and have problems with housing affordability.


Among these cities, only Munich has seen a decline in real estate prices compared to last year. Prices for studios in Amsterdam decreased by 0.6%, but the city remains the leader in terms of rental prices for any type of real estate.




Renting an apartment in Amsterdam costs 2,275 euros, in Paris - 1,862 euros, in Lisbon - 1,700 euros. While the cost of a similar apartment in Kyiv is 500 euros.


The largest increase in rental prices over the past year occurred in the cities of Turin and Valencia (37.5% and 33.3%). However, they have the lowest rental rates (1100 and 1400 euros) among large cities in Western Europe.


The cost of renting one-bedroom apartments or studios in Stuttgart and Berlin decreased by 26.2% and 7.7%. While Bologna is ranked fifth among the most expensive cities for studios, with a price increase of at least 25%.

We remind you! Real estate prices in Ukraine continue to show an upward trend, especially in major cities and their regions. Demand for apartments and houses remains consistently high. However, depending on the region and location, apartment prices can vary significantly. Find out more about how much it costs to buy a home in Ukraine.


Want to know more? Read the latest news and useful materials about Ukraine and the world in the News section.




We recommend purchasing it for a safe and comfortable trip to Ukraine: 


Visit Ukraine Insurance - safe travel in Ukraine (insurance covering military risks);

Visit Ukraine Tickets - book bus and train tickets to/from Ukraine;

Visit Ukraine Tours - the largest online database of tours to Ukraine for every taste;

Visit Ukraine Hotels - book hotels for a comfortable stay in Ukraine;

Visit Ukraine Merch - choose patriotic clothing and accessories with worldwide delivery.

Cooperation - cooperation and advertising integrations with Visit Ukraine and Visit World projects.




© 2018-2024, Visit Ukraine. Use, copying or reprinting of materials on this site is permitted only with a link (hyperlink for online publications) to Visit Ukraine.

All rights reserved.

Recommended articles

2 min

Travel Thermal springs of Ukraine: 8 best places for relaxation and rest in 2024

Thermal springs of Ukraine: 8 best places for relaxation and rest in 2024

A unique combination of relaxation that restores energy and health can be found at thermal resorts. You can find many useful springs for your wellness relaxation in Ukraine. Learn more about the top best thermal springs in Ukraine

17 Apr. 2024

More details

2 min

For foreigners in UA According to what documents can foreigners stay on the territory of Ukraine during the war?

According to what documents can foreigners stay on the territory of Ukraine during the war?

The rules for foreigners to stay in Ukraine are governed by migration law. Find out what documents confirm the right to legal stay in Ukraine and how to obtain them

17 Apr. 2024

More details

1 min

Travel Lufthansa has suspended flights to some popular destinations: where to and why

Lufthansa has suspended flights to some popular destinations: where to and why

The airline group, including Lufthansa, is canceling flights to certain destinations. This decision is an important step to ensure the safety and well-being of passengers. Find out more about which routes are affected and what happened

16 Apr. 2024

More details

2 min

Popular Will there be a holiday season in Odesa in 2024?

Will there be a holiday season in Odesa in 2024?

At a joint meeting, the Mayor of Odesa and the Head of the Odesa Regional State Administration discussed with business representatives the issues of their support and the recreational season in the coastal zone. Find out what changes are planned to be introduced and whether there will be a holiday season in Odesa this year

17 Apr. 2024

More details