Rent increase cap / April 2024

April 2024 rent increase cap

57.50%

For home and workplace leases renewing in April 2024, the rent can rise by at most 57.50%. This is the March 2024 change in CPI by 12-month averages, published by TÜİK on 3 April 2024.

This month falls within the temporary 25% period: home rents could rise by at most 25.00%, workplace rents by 57.50%.

Awaiting comparison with the TÜİK bulletin

Data month: March 2024 inflation · Source: TÜİK

Calculate your new rent

Home
Maximum new rent
TRY 25
Increase: TRY 5 · 25.00%
Workplace
Maximum new rent
TRY 31.50
Increase: TRY 11.50 · 57.50%

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 April 2024 use the March 2024 12-month average CPI. Source: TÜİK.

For information only; not legal or financial advice.