IranThe Collapse of Livelihoods in Tehran; Housing Rent Has...

The Collapse of Livelihoods in Tehran; Housing Rent Has ‌Become a Nightmare

-

An examination of rental listings in Tehran’s Districts 4 and 5 shows that the average asking rates in April have reached about 10 billion rials as a deposit and 310 million rials in monthly rent (approximately $6,700 and $205); heavy and shocking figures that clearly demonstrate the depth of the housing crisis and the growing inability of households to secure shelter.

This is while the minimum wage of a worker with two children barely reaches about $100 per month.

Rental Crisis in the Shadow of War; Livelihood Deadlock for Iranian Tenants

In these two districts, unlike the overall city average where the main pressure is more concentrated on the deposit, landlords have assigned approximately equal weight to the deposit and monthly rent. The average size of the units offered is 91 square meters, and the average building age is reported to be 5.5 years.

A monthly rent of 310 million rials for couples who are both employed and earn average incomes is no longer just a number; it has become a serious and exhausting barrier to continuing life in Tehran. For many families, such a cost means eliminating a large portion of basic living needs and falling further below the poverty line.

It had previously been reported that the overall average rent in Tehran is about 90 million rials (approximately $60) in monthly rent and 12 billion rials (approximately $80,000) as a deposit. However, in Districts 4 and 5, due to the income conditions of some tenants, it appears that charging high monthly rent remains possible for landlords and has become unavoidable for tenants.

Latest news

Iran’s Regime Lays Groundwork for Raising Gasoline Prices

As economic and financial pressure on the Iranian regime intensifies, Iranian regime president Masoud Pezeshkian has once again laid...

Iranian Regime Parliament Speaker: If People Are Hungry, We Will Not Survive

Mohammad Bagher Ghalibaf, the speaker of the Iranian regime’s Majlis (parliament), warned about the consequences of the economic crisis...

Iran’s Regime Executes Ghaem Hosseini, Fifth Execution in Alikhani Square Case

Ghaem Hosseini, who was arrested during the nationwide January protests and was one of those sentenced in the so-called...

Iranian Patients Face Soaring Medication Costs as Drug Prices Soar by 300%

While the Iranian regime's Food and Drug Administration claims that the recent currency policy changes do not mean the...

Iran’s Livelihood Crisis and the Regime’s Deadlock in Covering Costs

The August 18 editions of the Tosee Irani and Ham-Mihan newspapers carried the headline: "The monthly livelihood basket has...

Fresh Wave of Disciplinary Actions at Sharif University: 10 Students Face Expulsion

Sharif University of Technology has once again become the focus of disciplinary actions and student expulsions. According to the...

Must read

Chief inspector: Iran may be hiding secret nukes

AP: The head of the International Atomic Energy Agency...

Iranian Woman Sara Tabrizi Suspiciously Dies After Arrest by Ministry of Intelligence

A few days after the news of the "suspicious"...

You might also likeRELATED
Recommended to you