The 1995 Armenian Premier League season was a transitional season, therefore, there was no winner for the competition.
| Player | Team | Goals | ||
|---|---|---|---|---|
| 1 |  | Arsen Avetisyan | Homenetmen Yerevan | 12 |
| 2 | | Gegham Hovhannisyan | Homenetmen Yerevan | 9 |
| 3 | | Vahe Yaghmuryan | Kotayk | 8 |
| 4 | | Armen Shahgeldyan | Ararat Yerevan | 7 |
| Levon Stepanyan | Ararat Yerevan | 7 | |
| Hovhannes Toumbaryan | Tsement Ararat | 7 | |