Rents examined city by city: Istanbul is the world leader in increase

According to the '2025 Rent Report' by Deutsche Bank, one of Germany's largest banks, Istanbul is the city where rental prices for three-room apartments in city centers have increased the most in the last five years.

According to the report by CNBC-e , despite being at the top of the increase, Istanbul is the 53rd city with the highest housing rents in dollar terms.

The current rent for a three-room apartment in the city center of Istanbul is $1,764 (70,300 lira). The rent for the same type of apartment was $602 in 2020. Prices in the city have increased by 193.3 percent in five years.

The top 10 cities with the highest rental prices are as follows:

The rent for a three-bedroom apartment is $8,388. The rent for the same type of apartment was $6,777 in 2020. Prices have increased by 23.8 percent in five years.

The rent for a three-bedroom apartment is $6,216. The rent for the same type of apartment was $3,848 in 2020. Prices have increased by 61.6 percent in five years.

The rent for a three-bedroom apartment is $6,091. The rent for the same type of apartment was $4,320 in 2020. Prices have increased by 41 percent in five years.

The rent for a three-bedroom apartment is $5,560. The rent for the same type of apartment was $3,940 in 2020. Prices have increased by 41.1 percent in five years.

The rent for a three-bedroom apartment is $5,424. The rent for the same type of apartment was $6,171 in 2020. Prices have fallen 12 percent in five years.

The rent for a three-bedroom apartment is $4,955. The rent for the same type of apartment was $3,949 in 2020. Prices have increased by 25.5 percent in five years.

The rent for a three-bedroom apartment is $4,807. The rent for the same type of apartment was $4,490 in 2020. Prices have increased by 7.1 percent in five years.

The rent for a three-bedroom apartment is $4,693. The rent for the same type of apartment was $3,650 in 2020. Prices have increased by 28.6 percent in five years.

The current rent for a three-bedroom apartment is $4,683. The rent for the same type of apartment was $3,588 in 2020. Prices have increased by 30.5 percent in five years.

The rent for a three-bedroom apartment is $4,589. The rent for the same type of apartment was $3,076 in 2020. Prices have increased by 49.2 percent in five years.