A Kyiv Apartment for $180: Why This Rental is Far Below Market Rate

A One-Bedroom Apartment in Kyiv

According to Главком: A one-bedroom apartment in Kyiv is being offered for rent at a price far below the city's average market rate. While the typical monthly rent for such a unit is around 17,000 Ukrainian hryvnias (UAH), this particular apartment costs only 7,500 UAH per month, plus utilities. This price point is exceptionally low for a capital city, especially considering the ongoing housing demand. The listing suggests there may be specific trade-offs for the lower cost.

The rental is located in the Obolonskyi district at 4V Yuriia Kondratiuka Street, near Shevchenko Square. The building is a nine-story brick structure built in the 1970s. The apartment itself is on the first floor, with a total area of 22 square meters. The living room measures 18 sq. m and comes furnished with a double bed and a wardrobe, while the 4 sq. m kitchen is equipped with a gas stove.

Apartment Features

Notable features include metal bars on the windows of both the kitchen and the room. The building maintains central heating, water supply, and stable mobile network coverage even during power outages. The apartment has individual meters for electricity, gas, and water. The building is equipped with a passenger elevator, and the unit has an intercom for added security.

The bathroom is combined and features a bathtub. The apartment also includes a washing machine, refrigerator, and electric kettle. It is important to note that there is no balcony. The security deposit required upon move-in is equal to one month's rent and can be paid in installments. The realtor's commission is 50%. For public transport users, the 'Minska' metro station is a 15-minute bus ride away.

The landlords describe the apartment as having 'grandma's chic,' a detail that may appeal to prospective tenants looking for affordable housing in the capital.

This offer could be attractive for those seeking a budget-friendly housing option in Kyiv, particularly given the high prices in the current real estate market. Its location in the Obolonskyi district and proximity to public transport add convenience, though some features-such as the lack of a balcony and the combined bathroom-are factors potential renters should consider. The apartment's significantly lower price may indicate listings that require extra scrutiny and caution during the selection process.

For those exploring affordable housing options in Kyiv, it's worth noting a recent listing for a room rental at just $150 per month. This rate highlights the ongoing fluctuations in the city's rental market, particularly for smaller spaces. To understand what tenants can expect at this price point, check out the details of this budget-friendly room rental and see how it compares to the apartment options available.