Average rent of 1+1 is TL 1,200, 4+1's $2,218

According to Indexsa.com, housing rental prices across Turkey increased by 18% in the last year, the average square meter rent was 14 TL and the average rent was 1.480 TL, and the return time was 20 years. The rent of 1+1 in Turkey averages 1,200 TL, 2+1's 1,268 TL, 3+1's 1.332 TL, 4+1's 2.218 TL.

The provinces with the highest rental prices per square meter in Turkey were Muğla, Istanbul, Antalya, Izmir, Edirne, Çanakkale, Aydın, Yalova, Gaziantep and Bursa respectively. Residential rents in Muğla increased 22% over the last year, average tenancy was TL 21, average rent was TL 2,067 and the return period was 28 years.

Rental in Istanbul increased by 18% in the last year, the average rental was 18 TL, the average rent was TL 1.667 and the return time was 21 years. In Antalya, housing rents increased by 13%, average square meter rent 15 TL, average rent is TL 1.659 and return time 18 years.

Aylin Daylan, President of Endeksa Marketing and Sales Group, stating that the increase is more than the rental value when the change of housing sales and rent value is examined in the past year, said, “Endeksa According to data, housing rental value increased by 18% and sales value increased by 35% throughout Turkey. We once again understood the importance of the need for housing, which is the beginning of our most important needs with the influence of the pandemic. During this period, the demand for houses with balconies increased, especially spacious or with a garden. Sales prices increased both with this increase in demand and the impact of the attractive housing loan campaign in June,” he said.