Apartment rents rising again in Ukraine’s top cities

After crashing in 2020, rents in Ukraine’s major cities are on the rebound, according to data from online marketplace OLX Group.

When Ukraine introduced its first COVID-19 lockdowns in March 2020, apartment rental prices fell by 6-9% over the following six months. Landlords often cut prices, afraid that tenants would look for cheaper alternatives, leaving the properties empty for a long time.