Rent in Kyiv costs €615: how the capital compares to Europe.

According to inkorr.com: The average cost of renting a one-bedroom apartment in Kyiv is €615, placing the Ukrainian capital in the middle of the price ranking among cities in Eastern Europe. The Kyiv real estate market remains relatively affordable despite the challenges posed by the war. This is reported by Ukraine Open for Business.

Where the most expensive apartment rentals are in Europe

A study based on data from European real estate portals shows that the highest rents are charged in the following capitals:

1. Monaco (€6500);
2. London (€2797);
3. Zurich (€2570);
4. Reykjavik (€2160);
5. Dublin (€1997).

These cities have very high rental costs that exceed the incomes of most renters. At the same time, the most affordable options are offered in Skopje (€250) and Sarajevo (€271), where the rental market is less speculative and more dependent on local salaries.

Kyiv's position in the rental rankings for one-bedroom apartments in Eastern Europe

In Eastern Europe, with a rental price of €615, Kyiv exceeds prices in Sofia (€550), Zagreb (€570), and Tallinn (€600) but is less expensive than Belgrade (€750), Warsaw (€880), and Prague (€922). Experts emphasize that demand for rentals in Ukraine is constrained by the war and migration, preventing significant price increases. The ranking indicators take into account the median prices of one-bedroom apartments in city centers and suburbs. The data is regularly updated and is important for investors and analysts.

Among the factors affecting the market are economic instability and population outflow. However,

Kyiv remains attractive

• Price stability due to low demand.
• Tenant preference for apartments in new buildings with modern renovations.
• Activity in the outskirts of the city, where prices are lower than in the center.

Thus, although rental prices in Kyiv remain at a moderate level compared to other cities in Eastern Europe, the market is still subject to external factors, such as the war and economic situation in the country. This creates challenging conditions for renters; however, some continue to look for housing that meets their needs.