Konutkent Rental Market Rise: From 2000 to Today

Quiet Beginning in 2000s, Major Transformation in 2026

Konutkent stands as the primary choice for investors seeking a safe haven with the stability provided by civil servant and student population in capital Ankara market. However, reaching this position is based on a 25-year story.

In the early 2000s, Konutkent, which came to life with housing built by TOKİ for civil servants, appeared as a quiet neighborhood at that time. There were a few grocery stores, a pharmacy, and a limited number of shops on the main street.

Infrastructure Investments Changed Everything

Completion of new metro lines and ring road projects increased accessibility in some areas; this accelerated the trend towards new residential areas. The metro line reaching Konutkent in the mid-2010s was the first major turning point that changed the face of the neighborhood.

Successive shopping center investments, proliferation of social facilities, and increase in green areas made Konutkent not only livable but preferable. The opening of Elya Center enabled the revival of commercial life in the neighborhood.

Major Leap After 2020s

In Ankara's rise, "public trust" emerged as one of the determining factors. Continuity of public investments and concentration of defense industry companies in Ankara increased demand for the city through employment and sub-industry channels. Experts stated that this structure affects not only housing sales but also rental housing demand, quality housing search, and new project development appetite.

Amortization periods that reach 30-35 years in Istanbul are in the 18-22 year range in Ankara's developing regions. Especially 1+1 and 2+1 apartments close to university areas and newly established technoparks attract attention with high rental multipliers. Moreover, as of 2026, projects with "green building" certificates have become tenants' first choice in terms of dues balance as they reduce operating costs.

5 Main Factors Affecting Konutkent Rental Market

Location Advantage: Proximity to Çukurambar business center and metro access

Construction Quality: TOKİ standards and subsequent quality cooperative projects

Social Amenities: Marina Park Tennis Academy, green areas and shopping opportunities

Security: Doorman sites and regular street structure

Investment Potential: Value increase expectation brought by central location

Market Dynamics in 2026

Ankara Rental Apartment prices are expected to increase by 6% by the end of 2026. This increase is also felt in Konutkent.

Removal of the 25% limit in the rental housing market brought the market to a somewhat rational ground. Real softening of housing prices and continued increase in rents, shortening of amortization periods (payback period) for investors made real estate an attractive investment tool again. Housing amortization period in major cities like Istanbul, Ankara, İzmir decreased to 15-16 years.

Situation of Credit Buyers

Housing loan interest rates in banks decreased to 2.49% level for the first time in 2.5 years. According to our latest evaluation on March 23, 2026, for 500,000 TL Housing Finance with 120-month maturity, the bank offering the most advantageous offer was Albaraka Türk, Vakıf Katılım with 2.53% Profit Share rate.

In Konutkent, average m² price is ₺40,000 and average rent is ₺19,000. These figures show how far the neighborhood has come from its modest beginning in the 2000s.

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