Rent increase cap / August 2020

August 2020 rent increase cap

11.51%

For home and workplace leases renewing in August 2020, the rent can rise by at most 11.51%. This is the July 2020 change in CPI by 12-month averages, published by TÜİK on 3 August 2020.

Awaiting comparison with the TÜİK bulletin

Data month: July 2020 inflation · Source: TÜİK

Calculate your new rent

Current monthly rent

Lease renewal month

Maximum new rent

TRY 22.30

Increase: TRY 2.30 · 11.51%

Renewals in August 2020 use the July 2020 12-month average CPI. Source: TÜİK.

For information only; not legal or financial advice.