According to a study by OLX Real Estate, in October 2026 25% of respondents were actively searching for housing in Lviv or considering buying within the next 1−3 years. Activity is rising both in rentals and on the secondary purchase market, but in the long-term rental segment the gap between supply and demand is considerably more pronounced.
Purpose of purchase and share of those interested
Among those surveyed, 4% were already actively searching and a further 21% were considering purchase as one possible scenario. For 57% of potential buyers property in Lviv is primarily housing for their own residence.
A further 28% are considering purchase as an investment - for subsequent rental or resale - and 14% are looking for housing for their children or other family members.
Changes in buyer behaviour
Market experts note that buyers have started to make more measured choices: they now pay greater attention to the city, the neighbourhood and the characteristics of the property. Unlike in 2022, when some buyers acted quickly because of urgent relocations or a desire to invest in property, current decisions are made more carefully.
Buyers are paying more attention to building security, autonomy, infrastructure and the liquidity of the asset, experts say.
Rental dynamics
The number of long-term rental listings for apartments in Lviv in October 2026 fell by 24% compared with October 2025. At the same time the median rent rose by 38% year‑on‑year and, as of October 2026, stood at almost 25,000 UAH per month.
The number of responses to listings more than doubled: in October 2025 there were on average 15.5 responses per apartment, while in October 2026 it was 40.7 - meaning competition for a single property increased by more than 2.5 times.
Secondary market and one-room apartments
On the secondary market the number of listings for one-room apartments in Lviv rose by 4% year on year, while the total number of responses increased by 18%. The number of responses per listing rose by 13% and in October 2026 stood at 15.3.
The median price of a one-room apartment on the secondary market changed from 2.81 million UAH in October 2025 to 3.48 million UAH in October 2026. In an approximate conversion to dollars that is from $66.8k to $75.6k, or roughly 13%.
Selection criteria and the main barrier
Price remains the most important criterion for 52% of potential buyers. Other requirements: nearby shops, schools and kindergartens - 48%; a quiet neighbourhood - 46%; the presence of a park or green space - 35%.
Respondents also named requirements for safety and autonomy: the presence of a shelter in the building or nearby and autonomous heating - 37% each; backup power for the building - 30%. According to experts, some buyers who cannot find the right option in Lviv are considering the suburbs - in particular Vynnyky, Bryukhovychi and Sokilnyky - or other towns in the region, as well as options within the parameters of state lending programmes.
