Rental crisis in Ukraine: Housing prices significantly exceed European norms.

According to a joint study by LUN and Work.ua, rental prices in Ukraine have increased. This is especially true for Kyiv, where the cost of renting a one-room apartment is 68% of the average salary, which is 6% higher than in the previous period.

However, the biggest problem with housing rentals is observed in the western regions of Ukraine. In Zhytomyr, the rent constitutes 87% of the average salary, in Lviv - 80%, and in Ivano-Frankivsk - 70%. In cities near the front line, these figures are much lower: in Kharkiv - 21%, in Mykolaiv and Zaporizhzhia - 28% each.

LUN experts explain that before the war, low rental prices indicated a high standard of living for the population. But in the context of conflict, such a situation may indicate danger in the region.

According to international standards, a reasonable size of housing rental expense should not exceed 30% of monthly income. However, in Ukraine, this figure exceeds the norm. In European countries, this size is 25-30%. For example, in Germany, rental expenses account for approximately 27.6% of income with an average salary of €3,741.

In Europe, the problem of high rent is solved comprehensively: price caps are set, municipal housing is provided at subsidized prices, targeted subsidies are introduced, and rental programs with the option to buy are implemented.

The study also showed that in Kyiv, renting a two-room apartment constitutes 100% of the average salary (+11% since April), and a three-room apartment - 166% (+7%). In Lviv, these figures are 89% and 102% respectively, while in Odesa they are 59% and 100%.