Rental Apartments Priced at 18,000 Turkish Lira Were Spotted.
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According to August 2026 data, residential rents across Turkey declined 7.1 percent in real terms year-on-year, while Istanbul, where the average rent rose to 45 thousand 510 TL, was the only province to register a 9.4 percent real increase among the five major cities.
The application process for TOKİ's social housing project in Istanbul, offering rental properties, began on e-Government between September 14th and 25th! In the first phase, 1,071 units will be allocated to citizens via lottery, with rents starting from 12,000 TL. It has been learned that the rental prices of neighboring properties range from 25,000 to 40,000 TL.
According to Turkish Statistical Institute (TÜİK) data, 329,912 people moved to Istanbul in 2025, while 371,258 people left the city. Speaking to Odatv, Nizameddin Aşa, the head of the Istanbul Real Estate Agents Chamber, stated that there wasn't a massive influx of migrants, but rather a growing demand for more affordable housing in the market.
According to Emlakjet's August 2026 Rental Report, prepared using Endeksa data, the average residential rent across Turkey has risen to 28,040 TL. In Istanbul, the average rent is 45,510 TL, while the annual real rent change decreased by 7.1% nationwide and increased by 9.4% in Istanbul.
According to Emlakjet's August 2026 Rental Report, prepared using Endeksa data, the average residential rent across Turkey was 28,040 TL, while in Istanbul it rose to 45,510 TL. While rents decreased by 7.1% in real terms nationwide on an annual basis, they increased by 9.4% in Istanbul. The average rent in Istanbul is 62.3% higher than the Turkish average.
Applications for rental social housing have begun in Istanbul: 90 housing units in Arnavutköy were photographed from the air. Applications have started for the first phase of 1,071 rental housing units under the Social Housing Allocation Project implemented by TOKİ (Housing Development Administration of Turkey) in Istanbul.
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