The 2016–17 season was 16th season in the top Ukrainian football league for Volyn Lutsk.

Volyn competed in Premier League and in the Ukrainian Cup.

On May 12, 2017 Football Federation of Ukraine deducted six points from Volyn in order to implement the decision of FIFA Disciplinary Committee of 15 March 2017.

[1] The club was penalized for failing to clear their debts with former player Saša Stević.

As a result club lost all chances to stay in Premier League three matchdays ahead of season finish and was relegated to Ukrainian First League.