Rent increase cap / May 2023
May 2023 rent increase cap
67.20%
For home and workplace leases renewing in May 2023, the rent can rise by at most 67.20%. This is the April 2023 change in CPI by 12-month averages, published by TÜİK on 3 May 2023.
This month falls within the temporary 25% period: home rents could rise by at most 25.00%, workplace rents by 67.20%.
Awaiting comparison with the TÜİK bulletin
Data month: April 2023 inflation · Source: TÜİK
Calculate your new rent
Home
Maximum new rent
TRY 25
Increase: TRY 5 · 25.00%
Workplace
Maximum new rent
TRY 33.44
Increase: TRY 13.44 · 67.20%
In this period (renewals June 2022 – July 2024) a temporary law capped home rent increases at 25%. Workplace rents followed the 12-month average CPI.
Renewals in May 2023 use the April 2023 12-month average CPI. Source: TÜİK.
For information only; not legal or financial advice.