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Ukraine Crisis: Refugee effect not yet present in rental market

Ukraine Crisis

Photo by Alla Simacheva / Shutterstock.com

Rents continued to rise in the Budapest rental market in February, but the effects of the Russo-Ukrainian war that broke out at the end of the month are not yet felt, according to an analysis from rentingo.com.

The research showed that landlords asked for an average of HUF 162,000 in February.

Since the end of the month, more and more refugees have registered on the community apartment search platform, partly Ukrainians and partly international students studying in Ukraine.

The population's solidarity is shown by the fact that relatives, friends, and acquaintances often help people who find it difficult to secure an apartment.

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