In 2025, the Ukrainian real estate market is showing mixed trends: demand and supply for long-term apartment rentals have decreased, yet there is a record increase in demand for house rentals. Analysts note that activity in commercial real estate has declined, but prices in certain segments continue to rise.
This is reported by Finway
Trends in the Residential Rental Market
According to research, in the long-term apartment rental segment, both demand and supply have decreased by 3% compared to the previous year. Despite this, the median rental price across Ukraine has increased by 8%. Three-room apartments have seen the highest price increase — by 21%. In the one-room apartment segment, the most significant price growth has been recorded in Odesa and Kharkiv (both at 25%). Meanwhile, in Dnipro, Zaporizhzhia, Rivne, and Khmelnytskyi, prices have remained stable, while in Lutsk, they have decreased by 4%. Uzhhorod remains the leader in rental prices for one-room apartments, where prices have risen by 12% over the year.
The long-term house rental segment has proven to be the most dynamic: demand has increased by 19%, and the average number of responses per listing has reached 12, one of the highest figures in the market. The number of active listings has decreased by 11%, leading to a 13% increase in the median rental price for houses. The highest rental offers are recorded in Uzhhorod, surpassing even Kyiv. The largest annual price growth has been noted in the capital (+68%), Chernivtsi (+57%), and Sumy (+43%).
“In 2025, both demand and supply in the long-term apartment rental segment across Ukraine decreased by 3% over the year. Despite this, the median rental price across Ukraine increased by 8%, with three-room apartments experiencing the highest price increase (+21%),” the research states.
Situation in the Commercial Real Estate Market
In contrast to the residential segment, commercial real estate in 2025 has shown a decline in activity. The number of rental listings has decreased by 12%, and responses by 9%. At the same time, the median rental price for commercial premises has increased by 25%. The rental prices for offices have risen the most (+31%), while in the category of cafes, restaurants, and coffee shops, prices have decreased by 15%.
In the commercial real estate purchase market, demand and supply have decreased by 6% over the year, but the median price has increased by 11%. The purchase of properties for food establishments has seen the highest price increase — by 17%. Looking ahead, large warehouses and logistics centers remain the most promising due to the limited supply of such properties.
Analysts predict that in 2026, the situation in the long-term rental market will depend on the volume of supply. If supply continues to decrease, prices will keep rising. The highest demand will remain for apartments with autonomous heating, backup power, and located away from strategic sites. The criterion of autonomy, according to experts, will become increasingly important for purchasing and renting private houses. A trend of moving from Kyiv and other large cities to the suburbs is also expected to continue due to safety factors and the desire for a higher level of housing autonomy.
In the office rental segment, a further decrease in demand is forecasted, which may lead to a drop in prices in this category.