The CBRT New Tenant Rent Index shows rents up 26.4% year on year across Türkiye in August. In Balıkesir-Çanakkale the rise was 19.0%, the second lowest.
The New Tenant Rent Index (NTRI) in the August 2026 bulletin that the CBRT published on 16 September shows how the rents paid by new tenants are changing across regions. According to it, new-tenant rents in the Balıkesir-Çanakkale region rose 19.0% in a year.
Türkiye overall
The NTRI rose 2.3% from the previous month in August to reach 336.2. The index rose 26.4% year on year in nominal terms and fell 3.9% in real terms. Annual increases in the big cities were 34.5% in Istanbul, 28.3% in Ankara and 25.5% in İzmir. On a monthly basis, increases were 4.9% in Istanbul, 2.6% in Ankara and 5.4% in İzmir.
Regional ranking
The highest annual rent increase, 34.5%, was in Istanbul, and the lowest, 17.3%, was in the Edirne-Kırklareli-Tekirdağ region. Balıkesir-Çanakkale, at 19.0%, was the region with the second-lowest increase. In the neighbouring Aydın-Denizli-Muğla region the increase was measured at 20.0%.
Reading prices and rents together
In the same bulletin, the house price index of the Balıkesir-Çanakkale region had risen 16.3% year on year. In the region, new-tenant rents (19.0%) rose slightly faster than home prices (16.3%). This comparison points to a modest improvement in rental yield, compared with a year earlier, for those buying a home as an investment. Even so, both indices are regional averages; the yield of a single apartment will differ by location, furnishing and type of rental.
From the point of view of tenants and landlords
- New tenant: The index reflects the price trend in newly signed contracts. The annual increase in the region staying below the Türkiye average may make it easier to compare when looking for a home.
- Existing tenant: The annual increase in ongoing contracts is limited not by this index but legally by the 12-month average of CPI. It is important not to confuse these two measures.
- Landlord: When signing with a new tenant, this data, which shows the current rent level in the region, is a useful reference for setting the listing price.
In the Edremit Gulf, the rental market can look different, with short-term rentals in the summer months and long-term tenants in the winter months. The index, on the other hand, offers a monthly average covering the region as a whole.
Calculate rental yield yourself
For those evaluating a home for investment, a simple method is to divide the annual rental income by the home's sale price. For example, for an apartment with a given monthly rent, the gross yield is found by dividing the annual rent total by the price; deducting service charges, maintenance, property tax and vacant months gives the net yield. Regional indices give direction for this calculation; however, the decision should be made with the real rent and sale figures of similar homes on the same street. If short-term rental will be done in holiday areas, it should also be taken into account that this is subject to separate permits and obligations.
