Rent increase cap / May 2016

May 2016 rent increase cap

7.84%

For home and workplace leases renewing in May 2016, the rent can rise by at most 7.84%. This is the April 2016 change in CPI by 12-month averages, published by TÜİK on 3 May 2016.

Awaiting comparison with the TÜİK bulletin

Data month: April 2016 inflation · Source: TÜİK

Calculate your new rent

Current monthly rent

Lease renewal month

Maximum new rent

TRY 21.57

Increase: TRY 1.57 · 7.84%

Renewals in May 2016 use the April 2016 12-month average CPI. Source: TÜİK.

For information only; not legal or financial advice.