High prices in Iran’s stunted housing market leave tenants with few options
Iran's housing market is facing significant challenges as rents continue to rise amid economic uncertainty. Many tenants are struggling to afford housing, with rents increasing by 31 percent year-on-year in some areas. The ongoing conflict and sanctions have exacerbated the situation, leaving tenants with limited options and forcing them to make difficult compromises.
- ▪Rents in Tehran have reportedly increased by 30 to 40 percent compared to last year.
- ▪The monthly minimum wage in Iran is around $90, while the average family needs about $400 to survive.
- ▪Many tenants are now seeking housemates or moving back in with parents to cope with rising costs.
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News|US-Israel war on IranHigh prices in Iran’s stunted housing market leave tenants with few optionsTenants face bleak prospects as economic uncertainty persists amid a potential resumption of fighting.ListenListen (6 mins)SaveClick here to share on social mediashare-nodesSharefacebookxwhatsapp-strokecopylinkgoogleAdd Al Jazeera on GoogleinfoA general view of the skyline of Iran's capital, Tehran [File: Getty Images]By Maziar MotamediPublished On 19 May 202619 May 2026Tehran, Iran – When Mohammad, a 29-year-old resident of western Tehran, renewed his tenancy contract earlier this week, the price increase did not come as a surprise.His landlord had raised the rent for the 20-year-old apartment to 230 million rials ($130), up from 130 million rials ($73).Recommended Stories list of 3…
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