Rent increase cap / March 2024
March 2024 rent increase cap
55.91%
For home and workplace leases renewing in March 2024, the rent can rise by at most 55.91%. This is the February 2024 change in CPI by 12-month averages, published by TÜİK on 4 March 2024.
This month falls within the temporary 25% period: home rents could rise by at most 25.00%, workplace rents by 55.91%.
Awaiting comparison with the TÜİK bulletin
Data month: February 2024 inflation · Source: TÜİK
Calculate your new rent
Home
Maximum new rent
TRY 25
Increase: TRY 5 · 25.00%
Workplace
Maximum new rent
TRY 31.18
Increase: TRY 11.18 · 55.91%
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 March 2024 use the February 2024 12-month average CPI. Source: TÜİK.
For information only; not legal or financial advice.