The 7 districts with the cheapest rents in Istanbul!
Rising housing rents in recent years are forcing citizens to move to neighborhoods with lower rents. Beyond work, school, and social circles, citizens are now prioritizing the economy when choosing their homes. So, in which districts are the cheapest rental apartments in Istanbul? Here are the 7 districts with the cheapest rents in Istanbul...
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Middle- and low-income individuals, crushed under high inflation and the constantly rising cost of living, are also struggling with exorbitant housing rents.
In Istanbul, which has the most cosmopolitan structure in Turkey, life is quite expensive. In a city that has practically turned into a survival arena for minimum-wage earners, coping with exorbitant rents is almost impossible. While inflation has significantly widened the gap between those with good income levels and those with low incomes, the situation is becoming even more apparent in the housing crisis.
Middle- and low-income people are clustering in the city's cheapest neighborhoods.
In the last year, covering the period between January 2023 and January 2024, housing rents in Istanbul increased by 71.70 percent. The inability to curb inflation over the past 6 months is a harbinger that statistics are climbing even further.
In housing pricing, where location, transportation, and social amenities are taken into account, the most important criterion for low-income earners is the economy.
Regions in Istanbul where rents are more affordable generally appear as one moves away from the city center and toward developing districts.
HERE ARE THE 7 DISTRICTS WITH THE CHEAPEST RENTS IN ISTANBUL
1- Zeytinburnu
The average monthly rent for a 100-square-meter house in Zeytinburnu for January 2024 is 14,688 TL.
2- Başakşehir
The average monthly rent for a 100-square-meter house in Başakşehir for January 2024 is 19,544 TL.
3- Ümraniye
The average monthly rent for a 100-square-meter house in Ümraniye for January 2024 is 18,186 TL.
4- Küçükçekmece
The average monthly rent for a 100-square-meter house in Küçükçekmece for January 2024 is 16,815 TL.
5- Sultangazi
The average monthly rent for a 100-square-meter house in Sultangazi for January 2024 is 12,507 TL.
6- Silivri
The average monthly rent for a 100-square-meter house in Silivri for January 2024 is 12,327 TL.
7- Esenler
The average monthly rent for a 100-square-meter house in Esenler for January 2024 is 12,637 TL.