Rents in Turkey compared to Europe

This is a comparison of median monthly rental prices in the most expensive region of the capital/most important city for a 1-bedroom apartment. The numbers are based on our in-house research.

Switzerland, Zurich € 2,623
Iceland € 1,884
Denmark, Copenhagen € 1,875
Italy, Milan € 1,850
France, Paris € 1,850
Netherlands, Amsterdam € 1,800
Luxembourg € 1,800
Germany, Berlin € 1,700
Ireland, Dublin € 1,570
Sweden, Stockholm € 1,540
Spain, Madrid € 1,500
Portugal, Lisbon € 1,500
Finland, Helsinki € 1,340
Czech Republic, Prague € 1,260
Belgium, Brussels € 1,100
Austria, Vienna € 1,090
Poland, Warsaw € 1,010
Greece, Athens € 950
Malta, Valletta € 900
Norway, Oslo € 895
Slovakia, Bratislava € 800
Lithuania, Vilnius € 800
Slovenia, Ljubljana € 775
Turkey, Istanbul € 750
Hungary, Budapest € 675
Estonia, Tallinn € 650
Cyprus, Nicosia € 600
Romania, Bucharest € 600
Croatia, Zagreb € 550
Latvia, Riga € 500
Bulgaria, Sofia € 500
Montenegro, Podgorica € 350
Macedonia, Skopje € 280

Turkey does not publish official house price or rents time-series. The best source for house price statistics is REIDIN, which has a monthly composite house sales price index starting June 2007. General economics statistics for Turkey come from the Turkish Central Bank, State Planning Organization, and Turkish Treasury.