Apartment Rental Prices by Districts in Istanbul 2024
Istanbul, the vibrant metropolis straddling two continents, has a diverse and dynamic rental market that reflects its unique blend of cultures, history, and modernity. In 2024, Istanbul’s apartment rental prices vary significantly by district, influenced by factors such as location, amenities, accessibility, and neighborhood characteristics. This comprehensive guide will delve into the rental prices across Istanbul’s major districts, providing valuable insights for potential renters, real estate investors, and anyone interested in the city’s rental landscape.
The rapidly increasing housing rents in Turkey in recent years have not stopped despite the 25 per cent ceiling increase rate. While the law was not applied in practice, tenant and landlord cases filled the courts. On 1 July, rent increases will now be determined according to annual inflation.
Istanbul was one of the provinces with the highest rent increase during the period when people suffered from housing shortage due to high rental prices. According to Endeksa data, as of July, housing rents in Istanbul increased by 45 per cent in the last 1 year. While the average house rent in Istanbul was measured as 23 thousand 373 lira, the average square metre price was calculated as 234 lira.
Istanbul’s rental market is vast and varied, offering a wide range of options from luxury apartments in bustling urban centers to affordable housing in quieter suburban areas. The city’s unique geography and cultural diversity contribute to a rental market that caters to different lifestyles and budgets.
Factors Influencing Rental Prices
Several factors influence rental prices in Istanbul, including proximity to the city center, accessibility to public transportation, local amenities, and the overall quality of the neighborhood. Additionally, the demand for housing in specific districts, influenced by employment opportunities, educational institutions, and lifestyle preferences, plays a significant role in determining rental prices.
Esenyurt
The rental price of 11,900 TL in Esenyurt highlights the area’s balance of affordability and modern living. Esenyurt, one of Istanbul’s rapidly developing districts, offers a variety of residential options catering to diverse needs.The district’s growth and investment in infrastructure ensure a vibrant community atmosphere, making 11,900 TL a competitive and appealing rental option for those seeking quality living at a reasonable cost.
Arnavutkoy
The rental price of 12,700 TL in Arnavutkoy reflects the area’s unique blend of tranquility and accessibility. Arnavutkoy, situated on the European side of Istanbul, is known for its scenic beauty and serene environment, making it a sought-after residential location. This rental price often corresponds to spacious apartments or houses with modern amenities and quality finishes, providing a comfortable living experience. The district’s proximity to the new Istanbul Airport and major transportation routes enhances its appeal for both locals and expatriates. Additionally, Arnavutkoy’s investment in infrastructure and community facilities, including parks, schools, and shopping centers, makes it a well-rounded and attractive choice for those seeking a peaceful yet well-connected lifestyle.
Esenler
The rental price of 13,750 TL in Esenler reflects the district’s growing appeal and its blend of affordability and modern conveniences. Esenler’s robust public transport network, including metro and bus lines, ensures easy connectivity to other parts of Istanbul. The district’s ongoing urban development and investment in amenities contribute to its attractiveness, making 13,750 TL a competitive rate for a quality living experience in this dynamic part of the city.
Sultangazi
The rental price of 14,000 TL in Sultangazi reflects the district’s evolving residential appeal and its value-for-money proposition. At this price point, renters can expect well-maintained apartments or houses featuring contemporary designs, quality finishes, and essential facilities. Sultangazi’s strategic location offers convenient connections to major transportation routes and public transit, facilitating easy commutes to central Istanbul and beyond. The district’s ongoing development, including improvements in infrastructure and local services, enhances its attractiveness, making 14,000 TL a compelling option for those seeking a comfortable and well-connected living environment in this up-and-coming area.
Sultanbeyli
The rental price of 14,500 TL in Sultanbeyli offers a competitive option for those seeking modern and comfortable living spaces on Istanbul’s Asian side. This price point typically provides access to well-designed apartments or houses with contemporary amenities and quality finishes. Sultanbeyli’s growing infrastructure and strategic location further enhance its appeal, making it an attractive choice for renters.
Bahcelievler
The rental price of 14,700 TL in Bahçelievler reflects the area’s desirable combination of modern amenities and convenient access to Istanbul’s key locations.
Fatih
The rental price of 15,300 TL in Fatih signifies the district’s appeal as a historic and culturally rich area in Istanbul. At this rate, renters can expect access to well-maintained properties with modern amenities, often situated in charming, central locations. Fatih’s vibrant atmosphere, combined with its proximity to key landmarks, schools, and transportation links, enhances its attractiveness for those seeking a dynamic urban lifestyle. This price reflects the high demand and premium nature of living in such a historically significant and well-connected part of the city.
Avcılar
The rental price of 15,500 TL in Avcılar highlights the district’s rising popularity as a modern and well-connected residential hub in Istanbul. At this rate, tenants can expect contemporary apartments or houses featuring upscale finishes and sought-after amenities. Avcılar’s advantageous location, with its easy access to major transportation routes and essential urban services, makes it an appealing choice for renters.
Bagcilar
The rental price of 15,900 TL in Bağcılar reflects the district’s appeal as a rapidly developing and accessible area in Istanbul. This rate typically offers modern residences with quality features and convenient access to transportation and local amenities.
Silivri
The rental price for properties in Silivri is currently set at 16,000 TL, reflecting the area’s growing appeal and demand. This competitive rate offers an attractive option for those seeking quality living spaces in this desirable district.
Sancaktepe
The rental rate for properties in Sancaktepe is 16,000 TL, underscoring the area’s growing appeal and rising property values. This rate offers an excellent opportunity for those seeking contemporary and conveniently situated homes in this dynamic district.
Kucukcekmece
The rental price in Küçükçekmece is 16,400 TL, reflecting the area’s increasing demand and desirability. This competitive rate makes it an attractive option for those seeking high-quality living spaces in a well-connected and vibrant neighborhood.
Zeytinburnu
The rental price in Zeytinburnu is 16,760 TL, indicating the area’s growing popularity and premium property value. This rate presents a prime opportunity for those interested in securing a stylish and well-situated residence in this sought-after district.
Pendik
In Pendik district, rental fees start at an attractive 18,400 TL per month, offering great value for residents seeking modern amenities and a convenient location in Istanbul.
Beylikdüzü
Beylikdüzü district offers rental properties at a competitive price of 19,800 TL per month, making it an appealing option for many. Known for its modern infrastructure and scenic coastal views, Beylikdüzü provides a high quality of life for its residents. The district boasts excellent public transportation links, ensuring easy access to the rest of Istanbul. Additionally, Beylikdüzü is home to numerous shopping centers, parks, and educational institutions, making it an ideal choice for families and professionals alike.
Tuzla
In Tuzla district, rental properties are available for 19,800 TL per month, offering great value in a peaceful and well-connected area. Tuzla is renowned for its maritime atmosphere, modern housing developments, and vibrant community life. The district’s excellent transportation links provide easy access to both the Asian and European sides of Istanbul. Additionally, Tuzla is home to various recreational facilities, educational institutions, and a beautiful coastline, making it an attractive choice for families and professionals.
Umraniye
In Umraniye district, rental properties are priced at 19,800 TL per month, reflecting the area’s growing appeal and modern infrastructure. Umraniye is a dynamic and rapidly developing part of Istanbul, known for its extensive commercial centers and residential options. The district offers excellent connectivity through major highways and public transportation, enhancing accessibility across the city.
Buyukcekmece
In Buyukcekmece district, rental properties are priced at 20,000 TL per month, reflecting the area’s upscale living options and desirable location. Buyukcekmece offers a mix of modern apartments and luxurious villas, often with stunning views of the Marmara Sea. The district is well-connected through major roads and public transport, providing easy access to central Istanbul. With its beautiful coastline, ample green spaces, and vibrant community life, Buyukcekmece presents an attractive option for those seeking both comfort and convenience.
Kagithane
In Kağıthane district, rental properties are available for 20,700 TL per month, reflecting the area’s growing popularity and modern amenities. Known for its central location and excellent connectivity, Kağıthane offers easy access to major business districts and cultural sites across Istanbul. The district features contemporary residential buildings, shopping centers, and vibrant entertainment options. With its strategic position and well-developed infrastructure, Kağıthane is an appealing choice for those seeking convenience and a dynamic urban lifestyle.
Basaksehir
In Basaksehir district, rental properties are available for 20,800 TL per month, highlighting the area’s upscale living standards and modern developments. Basaksehir is known for its well-planned residential communities, extensive green spaces, and high-quality amenities. The district benefits from excellent transportation links, including access to major highways and public transit options. With its growing infrastructure and vibrant community atmosphere, Basaksehir offers a compelling choice for those seeking a contemporary and comfortable lifestyle.
Atasehir
In Atasehir district, rental properties are priced at 21,800 TL per month, reflecting the area’s premium living standards and modern conveniences. Atasehir is renowned for its upscale residential developments, high-end shopping centers, and thriving business environment. The district offers excellent connectivity with major highways and public transportation, ensuring easy access to other parts of Istanbul. With its blend of luxury, strategic location, and comprehensive amenities, Atasehir is an attractive option for those seeking a sophisticated urban lifestyle.
Uskudar
In Üsküdar district, rental properties are available for 22,700 TL per month, reflecting the area’s prestigious reputation and high-quality living conditions. Üsküdar is celebrated for its charming historical sites, scenic Bosphorus views, and vibrant cultural scene. The district offers excellent public transportation connections and easy access to both the European and Asian sides of Istanbul. With its blend of historical charm and modern amenities, Üsküdar provides an attractive living environment for those seeking a sophisticated and well-connected lifestyle.
Besiktas
The rental price of 42,850 TL in Besiktas reflects the area’s premium status and its appeal to those seeking a high-quality lifestyle. Known for its vibrant atmosphere, Besiktas offers residents a blend of historical charm and modern conveniences, including scenic views of the Bosphorus, upscale shopping districts, and a plethora of dining options. This price point typically corresponds to properties with spacious interiors, top-tier finishes, and access to amenities such as security services and recreational facilities. The strategic location of Besiktas, with its excellent transportation links and proximity to Istanbul’s key cultural and business hubs, further enhances its attractiveness. Thus, a rental property at this price in Besiktas represents a significant investment in both comfort and convenience.
