Turkey to see sharp rise in rental prices

Turkey to see sharp rise in rental prices

Rental prices are expected to rise as early as early 2025, and by mid-year prices could increase by at least 50%.

At the beginning of 2024, rental prices increased by 25%. Experts expressed serious concerns about the rapid rise in prices, emphasizing that this will complicate the search for housing for local citizens. At the same time, the market is currently seeing a slowdown in price growth.

The winter months are the most favorable period for renters. At this time, demand is lower, which temporarily stabilizes prices. However, from April, seasonal growth begins, reaching 20 - 30%. In August and September, as a rule, similar indicators are observed.