Turkey Rental Prices 2025: What’s Driving the Surge?

Turkey rental prices 2025 continue to rise at one of the fastest rates seen in recent years. High inflation, limited housing supply, and strong demand all contribute to sharp increases in major cities. The trend affects both investors and tenants, making it important to understand the current market conditions.

Key Factors Behind Turkey Rental Prices 2025

Inflation and Currency Pressure

Inflation remains high in Turkey. As daily costs increase, landlords raise rents to protect income. The weaker Turkish lira also pushes rent prices higher, especially in areas with foreign demand.

Low Housing Supply

Housing shortages in Istanbul, Izmir, and Antalya create additional pressure. New developments cannot meet demand fast enough. As a result, rent levels climb month after month.

Stronger Legal Increase Allowance

With the old 25% rent cap removed, landlords now follow the 12-month CPI average. TÜİK reported a legal rent increase limit of 48.73% by May 2025.

Where Rent Prices Are Rising the Fastest

Major cities show the most dramatic changes:

• Istanbul: Prime districts see rent increases of several hundred percent over recent years.

• Izmir: Popular coastal zones report double-digit monthly rises.

• Antalya: Growing tourism demand continues to push rents upward.

Analysts estimated up to 50% growth in some areas during 2024–2025. Current reports support these predictions.

Impact on Tenants and Rental Affordability

Rental affordability is now a serious challenge.
Many middle-income families struggle to secure homes in high-demand districts. Properties rent quickly, and competition among tenants is intense.

New rent laws still offer some protection, but increases linked to CPI remain high.

Is This a Good Time for Investors?

High rental growth creates strong opportunities for buy-to-let investors.

Benefits

• High occupancy rates

• Strong short-term and long-term rental income

• Attractive yields in suburban districts

Risks

• Currency depreciation

• Inflation reducing real returns

• Possible future changes to regulations

While property prices rise 11–30% in USD terms, inflation can reduce real-term gains.

Government Efforts and New Housing Plans

Turkey plans to develop 250,000 new housing units to ease the rental market.
However, experts believe the short-term impact will be limited due to high demand and slow delivery timelines.

Final Thoughts: What to Expect in 2025

Turkey rental prices 2025 reflect a complex mix of inflation, limited supply, and strong demand.
Investors may benefit from high nominal returns, but tenants face increasing pressure. Anyone entering the market should consider inflation trends, currency risks, and local housing supply levels.