Property Prices in Mersin, Turkey

Index
Price to Income Ratio:	9.67
Mortgage as Percentage of Income:	361.18%
Loan Affordability Index:	0.28
Price to Rent Ratio - City Centre:	17.60
Price to Rent Ratio - Outside of Centre:	17.07
Gross Rental Yield (City Centre):	5.68%
Gross Rental Yield (Outside of Centre):	5.86%

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Rent Per Month	Edit	Range
1 Bedroom Apartment in City Centre	18,125.00 TL	17,000.00-25,341.30
1 Bedroom Apartment Outside of City Centre	13,375.00 TL	12,000.00-21,117.75
3 Bedroom Apartment in City Centre	26,250.00 TL	25,000.00-30,000.00
3 Bedroom Apartment Outside of City Centre	23,000.00 TL	19,000.00-25,000.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	5,896.09 TL	5,896.09-5,896.09
Price per Square Feet to Buy Apartment Outside of Centre	4,535.45 TL	4,535.45-4,535.45
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	29,034.67 TL
Annual Mortgage Interest Rate (20-Year Fixed, in %)	37.33	25.00-48.00

These data are based on 40 entries from 6 contributors over the past 18 months.
Last update: 22 October 2025

Sources and References

Nearby Cities:

Property Prices in Silifke	60.92 miles
Property Prices in Payas, Hatay	118.72 miles
Property Prices in Iskenderun	126.65 miles
Property Prices in Kahramanmaras	166.14 miles
Property Prices in Aksaray	167.03 miles
Property Prices in Gaziantep	185.61 miles
Property Prices in Nizip	213.09 miles
Property Prices in Kayseri	213.55 miles
Property Prices in Konya	218.75 miles
Property Prices in Besni	241.42 miles

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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%