May 2026 Rent Increase Rates Announced: Limit Set at 32.43%!

Legal Limit and Average CPI

The May 2026 rent increase rate, eagerly awaited by property owners and tenants across Turkey, has been announced. The legal upper limit, determined based on the 12-month average of the CPI, has been set at 32.43%. This rate represents the maximum increase that can be applied to both residential and commercial lease agreements entering a renewal period.

Sample Calculation and Application Details

To examine the concrete impact of the increase rate with an example; the new term rent for a property with a current rent of 40,000 TL rises to 52,972 TL when the legal limit is fully applied. Experts remind that the parties may agree on a figure below this rate, but the property owner cannot legally exceed this limit unilaterally.

Market Expectation: Will Rent Pressure Continue?

Despite the disinflationary process in inflation, the rate of rent increases is expected to remain high for a while longer due to limited property supply. Especially in metropolitan areas, the share of housing costs within budgets is making real estate an attractive instrument once again by shortening property return-on-investment (amortization) periods.