Even a doctor's salary isn't enough for rent in Istanbul's luxury neighborhoods! Prices have reached jaw-dropping levels
In Turkey, where a housing crisis is ongoing, rental prices have soared. In Istanbul, one of the cities leading the rise in rents, the average rent has reached 24,900 TL, while rental prices in the mega-city's luxury neighborhoods have hit jaw-dropping figures.
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At a time in Turkey when salaries cannot keep up with rental prices, housing costs in Istanbul's luxury neighborhoods continue to rise rapidly. In a country where the minimum wage has been set at 22,000 lira as of 2025, the rent for 100-square-meter apartments in the city's prestigious districts and areas with high concentrations of villas has exceeded 60,000 lira.
Across Istanbul, the average rent for 100-square-meter residences has reached 26,500 lira, showing a 45 percent increase as of the new year. With current price hikes, rents in some areas have even surpassed the lowest doctor's salary of 72,000 TL.
According to information compiled by Gazete Duvar from Endeksa data, the 15 most expensive neighborhoods in Istanbul based on average rent for 100-square-meter residences are listed as follows:
15 - Vişnezade (Beşiktaş)
60,500 ₺
14 - Suadiye (Kadıköy)
61,200 ₺
13 - Arnavutköy (Beşiktaş)
62,000 ₺
12 - Levent (Beşiktaş)
62,000 ₺
11 - Fenerbahçe (Kadıköy)
62,600 ₺
10 - Ayazağa (Sarıyer)
63,200 ₺
9 - Etiler (Beşiktaş)
64,100 ₺
8 - Kuruçeşme (Beşiktaş)
64,300 ₺
7 - Şahkulu (Beyoğlu)
64,500 ₺
6 - Uskumruköy (Sarıyer)
64,900 ₺
5 - Caddebostan (Kadıköy)
67,000 ₺
4 - Sırapınar (Çekmeköy)
67,600 ₺
3 - Ömerli (Çekmeköy)
67,900 ₺
2 - Nisbetiye (Beşiktaş)
69,000 ₺
1 - Bebek (Beşiktaş)
75,500 ₺