Rent increase cap / May 2024
May 2024 rent increase cap
59.64%
For home and workplace leases renewing in May 2024, the rent can rise by at most 59.64%. This is the April 2024 change in CPI by 12-month averages, published by TÜİK on 3 May 2024.
This month falls within the temporary 25% period: home rents could rise by at most 25.00%, workplace rents by 59.64%.
Awaiting comparison with the TÜİK bulletin
Data month: April 2024 inflation · Source: TÜİK
Calculate your new rent
Home
Maximum new rent
TRY 25
Increase: TRY 5 · 25.00%
Workplace
Maximum new rent
TRY 31.93
Increase: TRY 11.93 · 59.64%
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 2024 use the April 2024 12-month average CPI. Source: TÜİK.
For information only; not legal or financial advice.