Endeksa has examined the prices of residential properties closest to public transportation in Istanbul.
Endeksa, which offers real estate value calculation using big data analysis and artificial intelligence methods and thus enables users to sell real estate with confidence, conducted a study on rental and sale prices in neighborhoods within walking distance of the most heavily used metro bus stops in Istanbul.

According to Endeksa data, among the areas within walking distance of the 5 busiest metrobus stops in the metropolis, Gayrettepe stands out with the highest average rental value at 62,524 TL and a housing value of 12,770,849 TL. Following Gayrettepe, Mecidiyeköy comes in second with an average rental value of 30,843 Turkish Liras and a housing value of 9,594,613 TL, while Cevizlibağ takes the third position with an average rental value of 25,864 Turkish Liras and an average housing value of 7,311,524 TL. Yenibosna, on the other hand, is the most affordable neighborhood with an average rental value of 21,197 Turkish Liras and an average housing value of 5,328,234 TL.

Central Gayrettepe on the European Side Sees Soaring Residential Rental Prices

In Gayrettepe, the central area of the European side known for its luxury residences and office buildings, the per square meter unit rental price is 553 TL, with an average residential rental value of 62,524 TL. The average per square meter unit selling price is 140,339 TL, and the average housing value is 12,770,849 TL. The presence of a significant foreign population in this area contributes to rental prices well above the Turkish average.

Rental Prices in Mecidiyeköy, One of the Busiest Areas, Reach 30,000 TL

In Mecidiyeköy, one of the most densely populated neighborhoods in Istanbul, the per square meter unit rental price is 308 TL, with an average residential rental value of 30,843 TL. The average per square meter unit selling price is 80,627 TL, and the average housing value is 9,594,613 TL.

Rental Prices Exceed 25,000 Turkish Liras in Cevizlibağ

In Cevizlibağ, the per square meter unit rental price is 281 TL, with an average residential rental value of 25,864 TL. The per square meter unit selling price is 68,332 TL, and the average housing value is 7,311,524 TL.

Rental Prices in Uzunçayır Stand at Around 23 thousand TL

Uzunçayır ranks fourth, with a per square meter unit rental price of 297 TL, an average residential rental value of 23,782 TL, an average per square meter unit selling price of 63,183 TL, and an average housing value of 6,065,568 TL.

Yenibosna Offers the Most Affordable Living

Yenibosna is the most affordable area, with a per square meter unit rental price of 268 TL, an average residential rental value of 21,197 TL. The average per square meter unit selling price is 67,446 TL, and the average housing value is 5,328,234 TL, providing convenient access to the metrobus system.

Görkem Öğüt, the Co-Founder and General Manager of Endeksa.com, who analyzed the data, stated, "Due to traffic congestion, one of the most preferred and extensive transportation options is the metrobus. As transportation expenses increase, rental and sale prices in neighborhoods within walking distance of mass transit systems like the metrobus continue to rise. Housing stock in areas that provide easy access to the city's important business centers, universities, and social amenities, which can be considered as main arteries, is depleting more rapidly."

Recommendations

Residential Sales Prices Increase 12.6% in 6 Months, Rents Increase by 21.5%

Jul 17, 2025

Residential Sales Prices Increase 12.6% in 6 Months, Rents Increase by 21.5%

Endeksa, which calculates the value of real estate with artificial intelligence and thus ensures safe purchase and sale transactions, has published the real estate market report for the first half of 2025 (January-June).
Read more
The Average House Price in Turkey Was 3 Million 92 Thousand 700 TL, Housing Sales Increased by 48%

Jan 23, 2024

The Average House Price in Turkey Was 3 Million 92 Thousand 700 TL, Housing Sales Increased by 48%

Endeksa, which offers a real estate value account using big data analysis and artificial intelligence methods and thus enables users to sell real estate with confidence, evaluated the December 2023 housing sales data announced by TUIK. According to Endeksa data, house prices in Turkey have increased by 84 percent in a year. The reviews show that the average house price in Turkey as of December was 3 million 92 thousand 700 TL and the selling price per square meter was 23 thousand 790 TL. Despite the fact that December saw new mobility in home sales, the figures show a 33 percent decline in home sales compared to the previous year. According to Endeksa data, the average return period for a residential investment made in Turkey at the moment was about 15 years.
Read more
Endeksa Announces: Rent Growth Slowed in December, Small Declines in Some Regions

Jan 17, 2024

Endeksa Announces: Rent Growth Slowed in December, Small Declines in Some Regions

Endeksa, which offers a real estate value account using big data analysis and artificial intelligence methods, which allows users to sell real estate with confidence, conveyed the latest situation for rental prices that did not fall off the agenda. According to Endeksa data, which takes the whole of Turkey under the lens, in the last month of the year we left behind, rental values in Antalya, Muğla and Trabzon increased by just under 1 percent. In other major cities, minimal increases were recorded at an average of 4 percent on a monthly basis. Accordingly, as of December, the average residential rental value in Turkey was 14 thousand 472 TL and the average residential rent price per square meter was 128 TL. December 2023 was a month in which the rapid price rise in housing rents was replaced by calmer market conditions in Turkey.
Read more
The average housing price in Turkey in September was 2 million 994 thousand 30 TL.

Oct 17, 2023

The average housing price in Turkey in September was 2 million 994 thousand 30 TL.

In September, housing sales in Turkey decreased by 16% compared to the previous month and 9% compared to the same month of the previous year. According to data from Endeksa, which utilizes big data analysis and artificial intelligence methods to provide real estate valuation and enables users to securely engage in real estate sales, the annual value increase in housing prices in Turkey as of September was 109%. The average price per square meter for housing sales is 23 thousand 31, while the average housing price is 2 million 994 thousand 30 TL with a return on investment period of 16 years.
Read more
Turkey Residential Accessibility Index Decreased 29% from 65.2 to 46

Jul 19, 2023

Turkey Residential Accessibility Index Decreased 29% from 65.2 to 46

Using the advanced possibilities of digital technologies in real estate valuation, Endeksa has published a housing affordability index for Turkey, which it prepared by considering housing prices, household income, loan interest rates and loan installment amounts. According to the June report, housing sales prices across Turkey increased by 2% compared to the previous month and 110% compared to the same month of the previous year, reaching an average of 2 million 539 thousand 680 TL. Between January and June 2023, the housing affordability index decreased by 29% from 65.2 to 46 points.
Read more