The Ukrainian housing rental market has revived, and prices have increased.

According to market analysts, for the first time in three years the rental market felt August’s impact, which is considered a hot real estate season due to the approach of the school year. Cities with educational institutions, such as Kyiv, Lviv, Ternopil, and Odesa recorded an increase in renting housing occupancy.

The revival of demand is also influenced by internal migration. In addition, Ukrainians are returning from Europe, and business is revving up in the capital, which needs to accommodate workers.

Therefore, the demand for rent increased in Kyiv by 30%, Lviv by 25%, Ternopil by 20%, and in Dnipro, Ivano-Frankivsk, Vinnytsia, Kropyvnytskyi by 15 to 35%.

Since the beginning of the year, Kyiv apartment rents have risen by 15-18%. In Lviv and Dnipro, prices are at the same level as in Kyiv. The average rental price in Kyiv is UAH 9,000-15,000 for one-room apartments, UAH 12,000-18,000 for two-room apartments, and UAH 18,000-26,000 for three-room flats.