Property Prices in Israel

Index Info
Price to Income Ratio: 13.40
Mortgage as Percentage of Income: 104.86%
Loan Affordability Index: 0.95
Price to Rent Ratio - City Centre: 35.62
Price to Rent Ratio - Outside of Centre: 35.73
Gross Rental Yield (City Centre): 2.81%
Gross Rental Yield (Outside of Centre): 2.80%
Rent Per Month
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Apartment (1 bedroom) in City Centre 4,222.77 ₪ 3,000.00-7,000.00
Apartment (1 bedroom) Outside of Centre 3,459.22 ₪ 2,500.00-5,000.00
Apartment (3 bedrooms) in City Centre 6,659.40 ₪ 4,500.00-12,000.00
Apartment (3 bedrooms) Outside of Centre 5,749.65 ₪ 4,000.00-8,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 2,879.03 ₪ 1,765.14-6,183.07
Price per Square Feet to Buy Apartment Outside of Centre 2,418.87 ₪ 1,579.34-4,645.11
Salaries And Financing
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Average Monthly Net Salary (After Tax) 10,639.65 ₪
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.86 3.00-6.00

These data are based on 1509 entries in the past 18 months from 254 different contributors.
Last update: March 2025
Our data for each country are based on all entries from all cities in that country.

Sources and References

By City in Israel

Rank
City
Price To Income Ratio
Gross Rental Yield City Centre
Gross Rental Yield Outside of Centre
Price To Rent Ratio City Centre
Price To Rent Ratio Outside Of City Centre
Mortgage As A Percentage Of Income
Affordability Index
Ashdod 13.1 3.2 3.5 31.4 29.0 91.1 1.1
Beersheba 14.4 1.6 1.4 62.8 71.4 102.2 1.0
Haifa 10.4 2.8 2.6 36.3 38.4 85.6 1.2
Jerusalem 21.3 2.5 2.7 39.6 36.9 182.9 0.5
Netanya 15.5 3.4 3.4 29.7 29.5 117.5 0.9
Petah Tikva 11.2 2.9 2.7 34.1 37.2 81.9 1.2
Ramat Gan 12.3 3.0 3.6 33.6 27.9 88.1 1.1
Rehovot 10.0 3.1 2.9 32.2 34.7 76.8 1.3
Rishon Leziyyon 14.1 3.0 3.6 33.0 28.1 106.3 0.9
Tel Aviv-Yafo 22.7 2.0 2.1 50.1 48.3 184.9 0.5
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