Title: East Tehran’s Evolving Housing Landscape: A Snapshot of Rental Market Dynamics
Introduction: A Market in Motion
The residential rental market in East Tehran continues its steady trajectory, with data from the current month indicating a persistent, gradual increase in prices. Key neighborhoods such as Tehran Pars, Pirouzi, and Narmak have witnessed noticeable growth compared to the previous month, highlighting a significant pricing divergence between newly constructed units and older properties. This market activity reflects the ongoing urban and economic developments within the capital.
A Closer Look at the Figures
Recent field surveys provide a clear picture of the current rental landscape in East Tehran. The data reveals a market characterized by substantial security deposits paired with varying monthly rents, a common structure in Iran’s urban housing sector.
- In Tehran Pars, a 125-square-meter, three-bedroom unit built in 2011 is being offered with a 300 million Tomans deposit and a monthly rent of 46 million Tomans.
- A modern 92-square-meter, two-bedroom apartment in Pirouzi, constructed just last year, is listed with a 500 million Tomans deposit and a monthly rent of 31 million Tomans.
- In Narmak, a 90-square-meter, two-bedroom unit from 2016 is available with a 500 million Tomans deposit and 25 million Tomans in monthly rent.
Budgeting for a Two-Bedroom Home
For prospective tenants seeking a mid-range, two-bedroom apartment in East Tehran, the data suggests preparing for a significant financial commitment. A typical budget would need to accommodate a security deposit ranging from 500 to 800 million Tomans, coupled with a monthly rental fee of between 15 to 30 million Tomans. This range is indicative of the housing demand in these populous and well-connected districts of the capital.
Market Overview: East Tehran Rental Prices
The following table consolidates data from various neighborhoods, offering a broader perspective on the market conditions as recorded this month.
| Neighborhood | Unit Specifications | Deposit (Tomans) | Monthly Rent (Tomans) |
|---|---|---|---|
| Vahidieh | 57 sqm, 1 Bedroom, Built 2014 | 500,000,000 | 7,000,000 |
| Hakimiyeh | 110 sqm, 2 Bedroom, Built 2018 | 700,000,000 | 21,000,000 |
| Pirouzi | 92 sqm, 2 Bedroom, Built 2023 | 500,000,000 | 31,000,000 |
| Darvazeh Shemiran | 108 sqm, 2 Bedroom, Built 2020 | 1,000,000,000 | 25,000,000 |
| Nezam Abad | 110 sqm, 2 Bedroom, Built 2022 | 600,000,000 | 20,000,000 |
| Lashgari | 60 sqm, 1 Bedroom, Built 2011 | 500,000,000 | – |
| Loyean | 85 sqm, 2 Bedroom, Built 2013 | 1,000,000,000 | 3,000,000 |
| Narmak | 90 sqm, 2 Bedroom, Built 2016 | 500,000,000 | 25,000,000 |
| Hengam | 75 sqm, 1 Bedroom, Built 2009 | 800,000,000 | 100,000 |
| Tehran Pars | 125 sqm, 3 Bedroom, Built 2011 | 300,000,000 | 46,000,000 |
| Soraj | 100 sqm, 2 Bedroom, Built 2014 | 400,000,000 | 23,000,000 |