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Rents in Istanbul Increased by 40 Percent in One Year: The Average Price Is 45,000 TL.
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Rental housing prices in Istanbul have increased by approximately 40 percent in the last year. The average monthly rent for a 100 square meter apartment has risen to 45,000 TL, and to 55,000 TL in new buildings. Experts state that the insufficient housing supply and the lack of social housing projects are accelerating price increases. The current situation exacerbates the housing problem, especially for low and middle-income groups. […] The arti…
Rents in Istanbul have increased by 40 percent in the last year. With the average rent reaching 45,000 TL, experts suggest accelerating social housing projects as a solution.
·Ankara, Türkiye
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