While rents are decreasing in Turkey, there is an increase in Istanbul and Ankara!

Real Rents Continue to Decline

While earnings are increasing, but rents are falling, real rents show a declining trend throughout Turkey, whereas this situation is reversing in major cities like İstanbul and Ankara.

Bahçeşehir University Center for Economic and Social Research (BETAM) published a report titled “Sahibindex Rental Housing Market Outlook: December 2025” stating that "The decline in real rents continues."

While Rents Decrease Across the Country, There Is an Increase in Major Cities

According to the report, due to the increase in current rental prices remaining below the Monthly Inflation rate from October to November, real rental prices fell across Turkey, Ankara, and Izmir, while they showed an increase in İstanbul. When comparing the figures with the same month of the previous year, a decrease of %2.1 was observed across the country and %4 in Izmir, while an increase of %3.4 and %3.7 was recorded in Istanbul and Ankara, respectively.

Demand for Rental Housing is Declining

Data for November shows that the annual growth rates of current rental prices have decreased. The annual rental growth rates were recorded as %28.3 nationwide, %35.6 in İstanbul, %35.9 in Ankara, and %25.8 in Izmir. The average rental housing announcement square meter prices were realized as 240.5 TL nationwide, 339 TL in İstanbul, 240.9 TL in Ankara, and 277.8 TL in Izmir.

Decreasing Demand and Posting Times

Rental housing demand indicators decreased by %10.8 compared to October, while they showed an increase of %7.9 compared to the previous year’s November. Additionally, the duration of rental listings has generally prolonged, which has been another indicator of activity in the rental housing market.