| Season: | 1994 - 95 |
| Relegated: | none |
| League Topscorer: | 23 - Anatoliy Borysenko (Tytan Armyansk) Volodymyr Kukhlevsky (Hazovyk Komarno) |
| Nextseason: | 1995–96 |
The 1994 - 95 Ukrainian Second League is the fourth season of 3rd level professional football in Ukraine.
The following stadiums are considered home grounds for the teams in the competition.
| width=55 | Rank | width=200 | Stadium | width=72 | Capacity | width=280 | Club |
|---|---|---|---|---|---|---|---|
| 1 | Kranivnyk Stadium | 5,000 | Halychyna Drohobych | ||||
| 2 | Avanhard Stadium | 5,000 | Sirius Zhovti Vody | ||||
| 3 | Lokomotyv Stadium | 5,000 | Viktor Zaporizhzhia | ||||
| 4 | Avanhard Stadium | 3,500 | Dynamo Saky | ||||
| 5 | Avanhard Stadium | 3,000 | Dynamo Luhansk | ||||
| 6 | Kolos Stadium | 3,000 | Yavir Krasnopillia | ||||
| 7 | Yunist Stadium | 3,000 | FC Lviv | ||||
| 8 | Olimpiyskyi Stadium | 3,000 | Meliorator Kakhovka | ||||
| 9 | Yuvileinyi Stadium | 2,000 | Medita Shakhtarsk | ||||
| 10 | Artania Stadium | 2,000 | Artania Ochakiv | ||||
| 11 | Chaika Stadium | 2,000 | |||||
| 12 | Tytan Stadium | 2,000 | Tytan Armyansk | ||||
| 13 | Gagarin Stadium | 1,500 | Desna Chernihiv | ||||
| 14 | Hazovyk Stadium | 1,500 | Hazovyk Komarno | ||||
| 15 | Hirnyk Stadium | 1,500 | Shakhtar Pavlohrad | ||||
| 16 | Azovstal Stadium | 1,500 | |||||
| 17 | Khimik Stadium | 1,500 | |||||
| 18 | Trudovi Rezervy Stadium | 1,000 | Ros Bila Tserkva | ||||
| 19 | Druzhba Stadium | 1,000 | Druzhba Berdyansk | ||||
| 20 | October 50th Anniversary Stadium | 1,000 | |||||
| 21 | Donbass Stadium | 500 | Garant Donetsk | ||||
| 22 | SKA Stadium | 200 | Chornomorets-2 Odesa |
| Scorer | Goals (Pen.) | Team | |
|---|---|---|---|
| 1 | Anatoliy Borysenko | 23 (1) | Bazhanovets Makiivka |
| Volodymyr Kukhlevsky | 23 (8) | Hazovyk Komarno | |
| 3 | Bohdan Bandura | 21 (1) | Lviv |
| Kostyantyn Pinchuk | 21 (11) | ||
| 5 | Serhiy Dranov | 14 | Chaika / Shakhtar-2 |
| Yuriy Hetman | 14 (1) | Dynamo Luhansk | |
| Ihor Koliada | 14 (2) | Meliorator Kakhovka | |
| Artyom Lopatkin | 14 (3) | Dynamo Saky | |
| Valeriy Samolyuk | 14 (3) | Yavir Krasnopillia | |
| Oleh Haras | 14 (7) | Lviv |