Before 2022 typical Kyiv tenant be young professional from Kyiv or suburb——born here work here rent because not yet save enough for down payment। That profile represent maybe 70% rent market pre-war।
That world gone। Tenant base across Kyiv rent market fundamental shift। Understand who rent now why rent how long they stay critical for any landlord make allocation decision।
Pre-War Baseline(2019〜2021)
Before February 2022 Kyiv rent market be straightforward। Typical tenant be:
- Age 25〜35 single young couple
- Local near-local from Kyiv Kyiv Oblast
- Income $800〜1,500/month work IT finance service
- Lease term:12 month with 60〜70% renew for second year
- Price-sensitive negotiate hard rent expect annual increase stay within 5〜10%
Rent market balance। Supply rough match demand। Vacancy period average 2〜3 week। Landlord have modest pricing power not enough push rent aggressive।
Then February 24 2022 happen and everything change।
Phase 1:The Exodus(March〜August 2022)
Full-scale invasion first month Kyiv lose approximately 30〜40% population। People flee west——to Lviv to Poland to Germany। Apartment across Kyiv went vacant overnight। Tenant break lease(understandably——there no time for formality) and for several month rent market effectively cease exist।
Landlord who hold through period focus on secure property——ensure apartment lock utility off and nothing damage।
— averin.comチームによる分析
