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Bursa, Turkey

Q: How much is rent in Bursa?

A 1-bedroom apartment in Bursa rents for TRY 10,500/month in 2024.

Q: Is it better to buy or rent in Bursa?

Buying and renting are roughly comparable in Bursa. Price-to-rent ratio: 17.0x.

Property prices · 2024 · Middle East

Price/sqm — City Centre TRY 38,000

Price/sqm — Outside Centre TRY 25,000

1-Bed Rent / Month TRY 10,500

3-Bed Rent / Month TRY 17,000

Avg Mortgage Rate 28.00%

Price-to-Rent Ratio 17.0x Buying and renting are roughly comparable

Property price trend in Bursa (2024–2026)

Property comparison — cities in Turkey (2024)

City	Centre /sqm	Outside /sqm	1-Bed Rent	vs Bursa
Bursa	TRY 38,000	TRY 25,000	TRY 10,500	—
Antalya	TRY 62,000	TRY 42,000	TRY 15,000	+63.2%
Izmir	TRY 55,000	TRY 37,000	TRY 14,000	+44.7%
Ankara	TRY 45,000	TRY 30,000	TRY 12,000	+18.4%
Istanbul	TRY 42,000	TRY 25,000	TRY 15,000	+10.5%

Other Middle East cities (2024)

Frequently asked questions

How much does property cost in Bursa in 2024?

In Bursa, the average price per sqm in the city centre is TRY 38,000, and TRY 25,000 outside the centre (2024 data). Prices have risen 80% since 2024.

How much is rent in Bursa in 2024?

A 1-bedroom apartment in Bursa rents for approximately TRY 10,500 per month in 2024. A 3-bedroom apartment costs around TRY 17,000/month.

Is it better to buy or rent in Bursa?

Buying and renting are roughly comparable in Bursa. The price-to-rent ratio is 17.0x — it would take approximately 17.0 years of rental payments to equal the property purchase price. Current mortgage rates are approximately 28.00%.

What are mortgage rates in Turkey in 2024?

The average mortgage rate in Turkey is approximately 28.00% as of 2024. With a price-to-rent ratio of 17.0x, buyers should carefully weigh mortgage costs against rental savings.

What is the price per sqm in Bursa?

The average property price per square metre in Bursa city centre is TRY 38,000 in 2024. Outside the centre, expect to pay around TRY 25,000/sqm.