Rent increase cap / January 2024
January 2024 rent increase cap
53.86%
For home and workplace leases renewing in January 2024, the rent can rise by at most 53.86%. This is the December 2023 change in CPI by 12-month averages, published by TÜİK on 3 January 2024.
This month falls within the temporary 25% period: home rents could rise by at most 25.00%, workplace rents by 53.86%.
Awaiting comparison with the TÜİK bulletin
Data month: December 2023 inflation · Source: TÜİK
Calculate your new rent
Home
Maximum new rent
TRY 25
Increase: TRY 5 · 25.00%
Workplace
Maximum new rent
TRY 30.77
Increase: TRY 10.77 · 53.86%
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 January 2024 use the December 2023 12-month average CPI. Source: TÜİK.
For information only; not legal or financial advice.