Power Outages Are Reshaping Ukraine’s Housing Market: Which Apartments Are Losing Demand

Energy disruptions in Ukraine have significantly changed buyer behavior in the real estate market. Despite regular power outages, transactions real estate in Kyiv and Lviv continue — but priorities have shifted. Today, housing autonomy and the ability to live comfortably without stable electricity are key decision factors.

Electricity and energy independence have effectively become a new “currency” in the housing market, directly influencing both demand and prices.

What buyers are looking for now

Instead of focusing only on location and layout, today’s buyers prioritize:

• backup power systems such as generators or inverters;

• автономous heating and water supply;

• lower floors, which are considered safer and more practical.

Apartments in buildings without alternative power sources sell more slowly, while units on higher floors often require discounts.

Kyiv: stable prices, cautious demand

Despite the difficult energy situation, Kyiv’s housing market has not stopped. Deals were actively closed in 2025, and even during winter outages, buyers remained present — but far more selective.

At the beginning of 2026, no sharp price spike was recorded. The average price of a one-bedroom apartment on the secondary market is around $68,000. In new developments, economy-class housing starts at about $44,000, while business-class units confidently exceed $80,000.

Kyiv rental market shows signs of cooling

The rental segment in the capital is moving in the opposite direction. Supply is starting to outpace demand:

• one-bedroom apartments rent for about UAH 17,000;

• two-bedroom units average around UAH 25,000.

This points to partial saturation of the rental market.

Lviv: autonomy becomes the new norm

In Lviv, changes are happening more gradually, but the trend is the same. After the holiday period, prices stabilized, and there were no sharp swings in demand.

Buyers increasingly prefer homes with alternative power options. Just like in Kyiv, apartments on the 2nd–5th floors are especially popular.

Prices and rentals in Lviv

On the secondary market, the average price of a one-bedroom apartment in Lviv is close to $70,000. In new buildings, prices range from $41,000 to over $60,000, depending on class and location.

Rental prices in Lviv continue to rise:

• one-bedroom apartments — about UAH 18,000;

• two-bedroom apartments — around UAH 20,000.

Final takeaway

Ukraine’s housing market is entering a new phase where energy independence is no longer a bonus — it’s a requirement. Properties without backup power and autonomy are increasingly losing their competitive edge.