Housing prices in Lviv have risen by 20%: where to buy an apartment profitably.

Lviv continues to be one of the most attractive cities for purchasing real estate in Ukraine. Its ancient charm, developed infrastructure, and proximity to European borders make its real estate market lively and further support demand. In August 2025, the primary housing market in Lviv shows rising prices, while also offering various options for buyers with different budgets.

Apartment prices in new buildings in Lviv:

According to data from the LUN portal, in August 2025, the average price per square meter in the primary market of Lviv is about 56,900 UAH (or 1,370 dollars at the exchange rate of 41.5 UAH per dollar). Prices have risen by 15-20% compared to 2023 due to inflation, rising construction material costs, and high demand. The market offers a wide variety, from economy class to elite apartments.

Most expensive districts for purchasing an apartment:

The highest prices in the primary market are recorded in the Lychakivsky and Frankivsky districts. In the Lychakivsky district, the average price per square meter is about 67,200 UAH (1,660 dollars), while in Frankivsky it is 65,100 UAH (1,570 dollars). These districts attract buyers with developed infrastructure, proximity to the center, and prestigious new buildings.

Cheapest districts for purchasing an apartment:

If you are looking for affordable options, you should pay attention to the Sykhiv and Zaliiznychny districts. In the Sykhiv district, the average price is 50,300 UAH per square meter (1,200 dollars), while in the Zaliiznychny it is 53,800 UAH per square meter (1,290 dollars). These districts offer affordable housing in new buildings of economy and comfort classes.

Factors driving price increases for apartments:

• Internal migration. Due to the war, many Ukrainians are moving west, increasing demand for housing.
• Inflation and construction costs. The cost of materials and labor is rising, which affects prices for new buildings.
• Limited supply. There are not enough new projects in central areas, which raises prices.
• Investment attractiveness. Lviv remains attractive to investors who buy apartments for rent or further resale.

In August 2025, the real estate market in Lviv shows stable price growth, caused by various factors, including internal migration, inflation, and limited supply. Despite this, the market offers various options for buyers in different districts of the city depending on their capabilities and requirements.