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

Continued Decrease in Real Rents

In an environment where incomes are increasing but rents are decreasing, real rents are showing a downward trend across Turkey, while this situation is reversing in large cities such as Istanbul 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 are Falling Nationwide, There is an Increase in Big Cities

According to the report, because the increase in current rental prices from October to November remained below the Monthly Inflation rate, real rental prices have decreased in general across Turkey, and in Ankara and Izmir, while an increase was observed in Istanbul. Compared to the same month of the previous year, a decrease of 2.1% was observed nationwide and 4% in Izmir, while an increase of 3.4% was reported in Istanbul and 3.7% in Ankara.

Demand for Rental Housing is Decreasing

Data for November shows that the annual growth rates of current rental prices have begun to decline. The annual rental growth rates were recorded at 28.3% nationwide, 35.6% in Istanbul, 35.9% in Ankara, and 25.8% in Izmir. The average rental housing advertisement square meter prices were realized at 240.5 TL nationwide, 339 TL in Istanbul, 240.9 TL in Ankara, and 277.8 TL in Izmir.

Decreasing Demand and Advertising Duration

Indicators of rental housing demand decreased by 10.8% compared to October and showed an increase of 7.9% compared to the previous year’s November. Additionally, the duration of rental advertisements has generally prolonged, which has been another indicator of vitality in the rental housing market.