The 1995 Russian Second League was the fourth edition of the Russian Second Division. It was the first season when 3 points were awarded for a win. There were 3 zones with 62 teams starting the competition (1 was excluded before the end of the season).
| Team | Head coach |
|---|---|
| PFC Spartak Nalchik | Boris Sinitsyn |
| FC Kuban Krasnodar | Fyodor Novikov (until September) Vladimir Brazhnikov (from October) |
| FC Torpedo Taganrog | Anatoly Bulgakov |
| FC Gekris Anapa | Akop Kalandzhan |
| FC Lokomotiv St. Petersburg | Givi Nodia |
| FC CSK VVS-Kristall Smolensk | Igor Belanovich |
| FC Anzhi Makhachkala | Rafael Safarov |
| FC Avtozapchast Baksan | Viktor Kumykov |
| FC Metallurg Lipetsk | Valeri Tretyakov |
| FC Spartak Shchyolkovo | Aleksei Petrushin |
| FC Energiya Pyatigorsk | Sergei Razaryonov |
| FC Iriston Vladikavkaz | Aleksandr Katsiyev |
| FC Avtodor-BMK Vladikavkaz | Givi Kerashvili |
| FC Kavkazkabel Prokhladny | Sergei Ponomaryov |
| FC Gatchina | Nikolai Gosudarenkov |
| FC Dynamo Vologda | Vladimir Pavlenko |
| FC SKA Rostov-on-Don | Valeri Sinau |
| FC Avangard-Kortek Kolomna | Vyacheslav Sarychev |
| FC Salyut Belgorod | Anatoli Bogdanov |
| FC Trion-Volga Tver | Andrei Sergeyev |
| FC Venets Gulkevichi | Anatoli Lyz |
| FC Orekhovo Orekhovo-Zuyevo | Sergei Bondar |
Ibragim Gasanbekov (FC Anzhi Makhachkala)
Varlam Kilasonia (FC Lokomotiv St. Petersburg)| Team | Head coach |
|---|---|
| FC Gazovik-Gazprom Izhevsk | Viktor Slesarev |
| FC Saturn Ramenskoye | Vladimir Mukhanov |
| FC Lada Dimitrovgrad | Vladimir Yevsyukov |
| FC Nosta Novotroitsk | Valeri Znarok |
| FC Tekstilshchik Ivanovo | Vladimir Belkov |
| FC Arsenal Tula | Anatoli Polosin |
| FC Volgar-Gazprom Astrakhan | Vladimir Yerofeyev |
| FC Svetotekhnika Saransk | Aleksandr Korolyov |
| FC Spartak Ryazan | Sergei Nedosekin |
| FC Zvezda Gorodishche | Sergei Mukovnin |
| FC Industriya Obninsk | Yuri Karamyan |
| FC UralAZ Miass | Aleksandr Yezhakov |
| FC Metallurg Magnitogorsk | Igor Kasyuk |
| FC Sibir Kurgan | Vladimir Sizontov |
| FC SKD Samara | Georgi Verbovskiy |
| FC Uralets Nizhny Tagil | Vladimir Yulygin |
| FC Rubin Kazan | Murat Zadikashvili |
| FC Torpedo Pavlovo | Aleksandr Sarafannikov |
| FC Zenit Izhevsk | Aleksandr Maslov |
| FC Torpedo Vladimir | Nikolai Pavelyev |
| FC Zvezda Perm | Viktor Zvyagin |
| FC Devon Oktyabrsky | Viktor Khaydarov |
Taras Trizna (FC Nosta Novotroitsk)| Team | Head coach |
|---|---|
| FC Metallurg Krasnoyarsk | Aleksandr Kishinevsky |
| FC Dynamo Barnaul | Aleksandr Gostenin |
| FC Kuzbass Kemerovo | Boris Rusanov |
| FC Metallurg-ZapSib Novokuznetsk | Vladislav Sosnov |
| FC Amur Blagoveshchensk | Ivan Nikolayev |
| FC Irtysh Tobolsk | Rudolf Atamalyan |
| FC Sakhalin Kholmsk | Valeri Yerkovich |
| FC Tom Tomsk | Vladimir Pomeshchikov |
| FC Selenga Ulan-Ude | Valeri Mikhnov |
| FC Motor Prokopyevsk | Yaroslav Khomin |
| FC Dynamo Omsk | Anatoli Chikinskiy |
| FC Dynamo Yakutsk | Anatoli Samkov |
| FC Viktoriya Nazarovo | Konstantin Kamaltynov |
| FC SKA Khabarovsk | Vladimir Krymskiy |
| FC Torpedo Rubtsovsk | Viktor Kuzmenko |
| FC Angara Angarsk | Oleg Izmaylov |
| FC Samotlor-XXI Nizhnevartovsk | Valeri Zhuravlyov |
| FC Mezhdurechensk | Viktor Kolmogorov |