Where in Ukraine are the Cheapest New-build Apartments — Market Overview

Based on statistics from the property portal LUN, the median price of the cheapest one-room apartment in a new build among the cities surveyed is around 1.1 million UAH.

Price per square metre and the cheapest cities

The highest median starting price per square metre in new builds was recorded in Lviv — 69.8 thousand UAH, which is 19% higher year on year. Kyiv is second with 65 thousand UAH per sq. m, 18% up compared with last year.

The lowest median starting prices per square metre are in Zaporizhzhia (24.1 thousand UAH), Sumy (26 thousand UAH) and Kharkiv (28.6 thousand UAH). Annual prices were unchanged in Zaporizhzhia and Sumy, while in Kharkiv they rose by 1%.

Новобудова на будівельному майданчику ввечері

Parking space prices and differences between cities

The median price of a parking space is highest in Poltava — $28.1 thousand, in Kyiv — $23.5 thousand and in Dnipro — $20 thousand. In Lviv a parking space costs $18 thousand.

The cheapest parking spaces were recorded in Kharkiv — $7.3 thousand, Lutsk — $11.9 thousand and Zaporizhzhia — $12.1 thousand.

Готові багатоповерхівки з балконами і машинами

Price changes over the last six months

Over the past half year new builds in Cherkasy have seen the largest increase in price — up 19%. Prices rose by 14% in Ternopil, by 13% in Ivano-Frankivsk and Chernihiv, and by 12% in Kyiv and Chernivtsi.

In Lviv the price per square metre increased by 8%, in Vinnytsia by 7%, and in Odesa by 2%. Kharkiv was the only city to see a fall in prices — down 1% — while prices in Sumy and Zaporizhzhia remained unchanged.

Construction starts and completions

According to the State Statistics Service of Ukraine (Derzhstat), in the first half of 2026 construction began on 47,436 apartments and single-family houses in Ukraine. In Kyiv region construction started on 9,199 apartments and houses, 41% fewer than in the first half of 2025.

In Kyiv itself the number of projects started fell by 65% — from 4,248 to 1,470; the number of flats in apartment buildings whose construction was started in the capital dropped from 4,201 to 1,378. In the period from October 2025 to September 2026, 11,810 flats were completed in Kyiv — 4% fewer than in the previous four quarters.

In Odesa 4,570 flats were completed (−14%), in Lviv — 4,410 flats (−25%), and in Ivano-Frankivsk volumes fell by 47%, to 2,800 flats. Among the largest relative increases: Mykolaiv +542% (to 380 flats), Zhytomyr +463% (to 780), Kharkiv +305% (to 500).

The largest number of new offerings by apartment count falls to Lviv and Kyiv regions. Since the start of the year Lviv region has brought 9,385 future flats to the market, with sales completed for 6,842 flats; in Kyiv region these figures were 9,208 and 6,593 respectively, and in Ivano-Frankivsk region — 7,582 and 4,451.

According to head Lyudmyla Kiriukhina, “If fewer new flats come up for sale than are being taken by completed sales, choice of housing may narrow in future.”

Anastasiia Pavlova

Anastasiia Pavlova

Journalist, currency market

Journalist at Concord Fintech. She covers the currency market, exchange rates, the interbank market, prices and tariffs, as well as investments and stock markets, explaining in plain words what is happening with the hryvnia and how it affects savings and spending.

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