Property Prices in Balikesir, Turkey

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Index
Price to Income Ratio:	5.09
Mortgage as Percentage of Income:	217.25%
Loan Affordability Index:	0.46
Price to Rent Ratio - City Centre:	13.40
Price to Rent Ratio - Outside of Centre:	12.52
Gross Rental Yield (City Centre):	7.47%
Gross Rental Yield (Outside of Centre):	7.99%

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Rent Per Month	Edit	Range
1 Bedroom Apartment in City Centre	₺18,750.00	15,000.00-20,000.00
1 Bedroom Apartment Outside of City Centre	₺13,250.00	10,000.00-18,000.00
3 Bedroom Apartment in City Centre	₺39,500.00	35,000.00-45,000.00
3 Bedroom Apartment Outside of City Centre	₺27,000.00	25,000.00-30,000.00

Buy Apartment Price	Edit
Price per Square Meter to Buy Apartment in City Centre	₺59,000.00	50,000.00-65,000.00
Price per Square Meter to Buy Apartment Outside of Centre	₺38,333.33	30,000.00-45,000.00

Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	₺47,800.00
Annual Mortgage Interest Rate (20-Year Fixed, in %)	42.67	30.00-45.00

These data are based on 38 entries from 7 contributors over the past 12 months.
Last update: 4 May 2026

Sources and References

Nearby Cities:

Property Prices in Mustafakemalpaşa	74.01 km
Property Prices in Bursa	154.39 km
Property Prices in Izmir	180.35 km
Property Prices in İnegöl	195.72 km
Property Prices in Seferihisar, Izmir Province	223.98 km
Property Prices in Tire	224.48 km
Property Prices in Kutahya	226.74 km
Property Prices in Usak	241.21 km
Property Prices in Aydin	276.84 km
Property Prices in Denizli	287.29 km

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country data (source The World Bank, 2024)
GDP Per Capita ($) :	34,600.00
GDP Growth Rate:	5.11%
Population Growth Rate:	0.61%