Housing prices in Ukraine will rise in 2026: expert names reasons and figures.

According to ТСН: Apartment and rent prices in Ukraine continue to rise even during the war. The cost of housing in regional centers is already so high that renting a renovated apartment eats up a significant portion of the average salary of Ukrainians, and buying one's own home has turned into a real financial marathon lasting for decades. According to experts' forecasts, the real estate market will show a rise in prices again in 2026.

Market Forecasts

Real estate expert Oleksandr Boiko believes that the increase in prices both in the primary market and in the rental segment of housing in 2026 is inevitable.

"Moreover, I want to emphasize that this is not just an assumption, but a regular process caused by a whole complex of structural factors that have developed over the last nearly four years of full-scale war,"

Main Factors Affecting Real Estate Prices

Firstly, the growth of construction costs remains the main factor for increasing housing prices. Since the beginning of the invasion, construction costs have increased by 30-35%.

"Building materials have become more expensive by 35-45%, logistics has become more complicated and expensive, energy resources are constantly becoming more expensive, and new safety standards significantly increase project budgets,"

Secondly, Ukraine faces a critical shortage of qualified builders. Many people are either serving in the Armed Forces or have gone abroad. This leads to an increase in wages in the construction sector and delays in construction timelines.

Thirdly, limited supply amid stable demand. The number of new projects has decreased, but demand for ready-made housing remains high.

"In conditions where supply cannot keep up with demand, price increases are inevitable,"

Moreover, possible inflation processes and devaluation of the national currency negatively affect the hryvnia prices of housing, as developers typically tie the cost per square meter to the US dollar.

Apartment Prices in Kyiv

In the primary market of Kyiv, the average cost per square meter in new buildings will be $1,311 (about 54,200 hryvnias). Prices depend on the class of housing:

• Economy class: $980 per sq.m

• Comfort class: $1,120 per sq.m

• Business class: $1,740 per sq.m

• Premium segment: $3,220 per sq.m

Regarding specific apartments in the middle segment, prices according to LUN are:

• One-bedroom apartment costs an average of $66,500 (up 2% over the last six months)

• Two-bedroom — $105,000 (up 5%)

• Three-bedroom — $150,000 (price stable over the last six months)

In the secondary market, the average price per square meter is $1,622, which is significantly higher than in the primary market.

Rental Prices for Housing in Kyiv

The average rental prices are as follows:

• One-bedroom apartment: 16,000-17,000 UAH (down 16% over six months)

• Two-bedroom apartment: 23,000 UAH (down 21%)

• Three-bedroom apartment: 40,000 UAH (down 14%)

The most common rental price for one-bedroom apartments in Kyiv is 12,000 UAH, but usually, this refers to apartments without renovations or in remote areas.

How Much It Costs to Buy an Apartment in Ukraine

The average cost of a one-bedroom apartment in the secondary market in various cities is:

• Lviv — $67,900

• Kyiv — $67,000

• Uzhhorod — $63,000

• Lutsk — $56,000

• Chernivtsi — $55,000

• Rivne — $53,100

• Zhytomyr — $47,000

• Vinnytsia — $46,000

• Odesa — $45,300

• Cherkasy — $44,300

• Ternopil — $43,000

• Ivano-Frankivsk — $39,700

• Poltava — $37,500

• Khmelnytskyi — $37,000

• Chernihiv — $34,000

• Dnipro — $33,900

• Kropyvnytskyi — $30,000

• Sumi — $22,500

• Kharkiv — $22,000

• Mykolaiv — $20,000

• Zaporizhzhia — $16,000

• Kherson — $14,500

Average Price of the Cheapest Apartment in the Primary Market

• Lviv — $61,900

• Kyiv — $58,700

• Odesa — $39,400

• Uzhhorod — $42,600

• Dnipro — $45,600

• Vinnytsia — $46,400

• Chernivtsi — $45,800

• Rivne — $43,900

• Ternopil — $34,900

• Khmelnytskyi — $32,300

• Cherkasy — $32,800

• Poltava — $35,900

• Chernihiv — $30,100

• Mykolaiv — $25,500

• Kharkiv — $31,700

• Zhytomyr — $37,500

• Ivano-Frankivsk — $36,400

• Kropyvnytskyi — $36,700

• Sumi — $610

• Zaporizhzhia — $570

Forecasts for 2026

Oleksandr Boiko expects moderate but stable price increases in 2026. In the primary market of Kyiv, an increase of 8-15% is projected.

"This will not be a sudden increase... All the structural factors I mentioned above will not disappear anywhere,"

He also emphasizes that if a developer starts lowering prices, it often indicates his financial problems.

"Serious builders will continue to raise prices according to market realities,"

Regarding rentals, Oleksandr Boiko believes that in 2026 there may be a 5-10% increase, related to the stabilization of the economic situation and the restoration of business activity in the capital.