Odessa has become one of Ukraine's most expensive cities in terms of housing costs

Odessa remains one of the most expensive cities in Ukraine for buying real estate, and rental prices continue to rise rapidly. At the same time, buyers are increasingly opting for single-family homes, while apartment prices in different parts of the city are rising at varying rates.

This is according to an analysis of Ukraine’s real estate market by OLX.

In the first half of 2026, Ukraine’s real estate market showed moderate growth. Demand increased for both home purchases and rentals, and Odesa maintained its position among the country’s most expensive cities in terms of apartment and single-family home prices.

According to the study, the cost of one-bedroom apartments in Odesa on the resale market rose in all districts of the city—ranging from 2% to 4%. Two-bedroom apartments also became more expensive in three out of four districts, with the largest increase recorded in the Peresypsky District—6%.

Ukrainians are showing no less interest in single-family homes. The number of listings for sale increased by 15% over the past six months, and the number of inquiries about them rose by 24%. At the same time, Odesa remains among the cities with the most expensive homes, and within the city itself, the highest prices are traditionally found in the Primorsky District, where the median price exceeds $284,000.

Rent prices are rising even faster. Over the past six months, the median rent for one-bedroom apartments in Odesa has risen by 26%, and for two-bedroom apartments—by 28%. The largest price increases were recorded in the city’s Primorsky and Kyivskyi districts.

Rental prices for private homes have also risen. The widest gap between the most expensive and most affordable districts among Ukraine’s major cities was recorded in Odesa: while the median rent in the Khadzhibey district is about 10,000 hryvnias per month, in the Primorsky district it is nearly 58,000 hryvnias.

Odesa Oblast also ranked among the leaders in terms of the number of housing vouchers used by internally displaced persons.

Анна Бальчінос