Gross rental yields in Turkey: Istanbul and 7 other cities

Average gross rental yield in Turkey stands at 7.86% (Q3, 2026). Previously, in Q1 2026, the rental yield was 7.326%.

Cities and areas compared
  • Istanbul
  • Ankara
  • Antalya
  • Izmir
  • Adana
  • Konya
  • Kayseri
  • Bursa
Historical rental yields in Turkey

View rental yield history


   
ISTANBUL - Apartments COST ($) YIELD (p.a.)
TO BUY MONTHLY RENT
Kadıköy  
1-Bedroom $226,600 $890 4.71%
2-Bedroom $322,200 $1,510 5.62%
3-Bedroom $462,600 $1,870 4.85%
4+Bedroom $717,300 $3,120 5.22%
Maltepe  
1-Bedroom $143,500 $850 7.11%
2-Bedroom $176,700 $920 6.25%
3-Bedroom $239,100 $1,360 6.83%
Esenyurt  
1-Bedroom $49,400 $500 12.15%
2-Bedroom $59,350 $540 10.92%
3-Bedroom $91,500 $790 10.36%
Şişli  
1-Bedroom $88,400 $650 8.82%
2-Bedroom $113,400 $830 8.78%
3-Bedroom $205,800 $1,350 7.87%
Beylikdüzü  
1-Bedroom $29,100 $610 25.15%
2-Bedroom $59,200 $810 16.42%
3-Bedroom $140,600 $1,080 9.22%
4+Bedroom $216,200 $1,560 8.66%
Sarıyer  
1-Bedroom $266,100 $950 4.28%
2-Bedroom $386,700 $970 3.01%
3-Bedroom $483,400 $1,660 4.12%
Küçükçekmece  
1-Bedroom $78,000 $730 11.23%
2-Bedroom $97,700 $860 10.56%
3-Bedroom $149,700 $1,250 10.02%
Kağıthane  
1-Bedroom $90,400 $730 9.69%
2-Bedroom $114,300 $770 8.08%
3-Bedroom $181,900 $1,010 6.66%
Istanbul (all locations)  
1-Bedroom $82,100 $730 10.67%
2-Bedroom $99,500 $790 9.53%
3-Bedroom $147,800 $1,190 9.66%
4+Bedroom $228,700 $1,870 9.81%
Istanbul avg. Rental Yields 9.92%
ANKARA - Apartments COST ($) YIELD (p.a.)
TO BUY MONTHLY RENT
Çankaya  
1-Bedroom $134,900 $730 6.49%
2-Bedroom $155,900 $940 7.24%
3-Bedroom $155,900 $940 7.24%
4+Bedroom $290,500 $1,460 6.03%
Keçiören  
2-Bedroom $69,600 $520 8.97%
3-Bedroom $89,200 $570 7.67%
4+Bedroom $145,400 $950 7.84%
Mamak  
2-Bedroom $62,300 $540 10.40%
3-Bedroom $85,200 $560 7.89%
Etimesgut  
2-Bedroom $97,700 $560 6.88%
3-Bedroom $102,900 $600 7.00%
4+Bedroom $166,300 $1,160 8.37%
Sincan  
2-Bedroom $75,700 $460 7.29%
3-Bedroom $80,900 $520 7.71%
Yenimahalle  
2-Bedroom $110,200 $760 8.28%
3-Bedroom $118,500 $670 6.78%
4+Bedroom $232,900 $1,100 5.67%
Altındağ  
2-Bedroom $59,200 $420 8.51%
3-Bedroom $85,800 $560 7.83%
Ankara (all locations)  
1-Bedroom $86,300 $590 8.20%
2-Bedroom $80,100 $610 9.14%
3-Bedroom $89,000 $600 8.09%
4+Bedroom $159,000 $1,140 8.60%
Ankara avg. Rental Yields 8.51%
ANTALYA - Apartments COST ($) YIELD (p.a.)
TO BUY MONTHLY RENT
Kepez  
1-Bedroom $67,600 $460 8.17%
2-Bedroom $87,300 $520 7.15%
3-Bedroom $113,900 $620 6.53%
Muratpaşa  
1-Bedroom $93,600 $620 7.95%
2-Bedroom $123,200 $730 7.11%
3-Bedroom $172,600 $830 5.77%
Alanya  
1-Bedroom $82,600 $420 6.10%
2-Bedroom $128,900 $540 5.03%
3-Bedroom $192,300 $680 4.24%
4+Bedroom $244,300 $830 4.08%
Konyaaltı  
1-Bedroom $116,400 $670 6.91%
2-Bedroom $172,600 $830 5.77%
3-Bedroom $243,200 $940 4.64%
4+Bedroom $363,800 $1,330 4.39%
Antalya (all locations)  
1-Bedroom $78,000 $500 7.69%
2-Bedroom $103,200 $560 6.51%
3-Bedroom $140,900 $730 6.22%
4+Bedroom $192,500 $940 5.86%
Antalya avg. Rental Yields 6.57%
IZMIR - Apartments COST ($) YIELD (p.a.)
TO BUY MONTHLY RENT
Karşıyaka  
1-Bedroom $106,000 $700 7.92%
2-Bedroom $116,400 $730 7.53%
3-Bedroom $154,900 $850 6.58%
Konak  
1-Bedroom $89,300 $670 9.00%
2-Bedroom $83,100 $620 8.95%
3-Bedroom $112,300 $770 8.23%
Karabağlar  
2-Bedroom $83,200 $520 7.50%
3-Bedroom $110,200 $670 7.30%
Buca  
1-Bedroom $65,500 $440 8.06%
2-Bedroom $82,100 $520 7.60%
3-Bedroom $109,100 $670 7.37%
Bornova  
1-Bedroom $88,400 $670 9.10%
2-Bedroom $110,200 $600 6.53%
3-Bedroom $141,400 $730 6.20%
Izmir (all locations)  
1-Bedroom $72,800 $490 8.08%
2-Bedroom $93,700 $600 7.68%
3-Bedroom $121,500 $710 7.01%
4+Bedroom $170,500 $940 6.62%
Izmir avg. Rental Yields 7.35%
ADANA - Apartments COST ($) YIELD (p.a.)
TO BUY MONTHLY RENT
Çukurova  
1-Bedroom $68,100 $460 8.11%
2-Bedroom $88,400 $520 7.06%
3-Bedroom $103,700 $640 7.41%
4+Bedroom $144,900 $940 7.78%
Seyhan  
1-Bedroom $70,500 $350 5.96%
2-Bedroom $81,000 $520 7.70%
3-Bedroom $101,900 $670 7.89%
4+Bedroom $173,100 $1,040 7.21%
Adana (all locations)  
1-Bedroom $39,400 $330 10.05%
2-Bedroom $65,500 $420 7.69%
3-Bedroom $93,600 $560 7.18%
4+Bedroom $142,400 $870 7.33%
Adana avg. Rental Yields 8.06%
KONYA - Apartments COST ($) YIELD (p.a.)
TO BUY MONTHLY RENT
Konya (all locations)  
1-Bedroom $47,000 $420 10.72%
2-Bedroom $67,900 $430 7.60%
3-Bedroom $93,600 $500 6.41%
4+Bedroom $159,000 $750 5.66%
Konya avg. Rental Yields 7.60%
BURSA - Apartments COST ($) YIELD (p.a.)
TO BUY MONTHLY RENT
Bursa (all locations)  
1-Bedroom $48,900 $350 8.59%
2-Bedroom $61,300 $420 8.22%
3-Bedroom $104,000 $560 6.46%
4+Bedroom $135,100 $830 7.37%
Bursa avg. Rental Yields 7.66%
KAYSERI - Apartments COST ($) YIELD (p.a.)
TO BUY MONTHLY RENT
Kayseri (all locations)  
2-Bedroom $55,600 $340 7.34%
3-Bedroom $71,700 $420 7.03%
4+Bedroom $112,300 $670 7.16%
Kayseri avg. Rental Yields 7.18%
All yields are gross - i.e., before taxes, repair costs, ground rents, estate agents' fees, and any other costs. Net yields (what you'll really earn) are typically around 1.5% to 2% lower.
Source: Global Property Guide and Emlakjet

View the full rental yield dataset (2022 - Present)


Research Methodology:

Our rental yield analysis is conducted biannually to ensure up-to-date insights. We assess 1-bedroom, 2-bedroom, and 3-bedroom properties across the largest cities in Turkey, comparing median rental prices with median purchase prices to determine gross rental yields.

We source data from a leading local property platform, capturing both asking rents and list prices to reflect current market conditions. The gross rental yield is calculated using the following formula:

(Median Monthly Rent × 12) ÷ Median Purchase Price × 100

For example, if the median monthly rent is €500 and the median purchase price is €100,000, the yield is calculated as:

(€500 × 12) ÷ €100,000 = 6% Gross Rental Yield

Note: NET yields vary from country to country, but are usually 1.5-2% lower.

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