Property Prices in Israel

Index Info
Price to Income Ratio: 14.20
Mortgage as Percentage of Income: 109.02%
Loan Affordability Index: 0.92
Price to Rent Ratio - City Centre: 33.94
Price to Rent Ratio - Outside of Centre: 35.40
Gross Rental Yield (City Centre): 2.95%
Gross Rental Yield (Outside of Centre): 2.83%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 4,582.82 ₪ 3,000.00-7,000.00
Apartment (1 bedroom) Outside of Centre 3,551.28 ₪ 2,500.00-5,000.00
Apartment (3 bedrooms) in City Centre 7,082.83 ₪ 4,850.00-12,000.00
Apartment (3 bedrooms) Outside of Centre 5,938.74 ₪ 4,000.00-9,000.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 2,952.18 ₪ 1,672.24-6,410.26
Price per Square Feet to Buy Apartment Outside of Centre 2,466.60 ₪ 1,486.44-4,645.11
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 10,269.94 ₪
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.63 3.00-6.00

These data are based on 1618 entries in the past 18 months from 259 different contributors.
Last update: November 2024
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 12.5 1.6 1.3 63.2 77.6 88.7 1.1
Haifa 11.2 2.7 2.8 36.7 36.0 84.3 1.2
Jerusalem 22.2 2.5 2.8 39.4 36.3 190.5 0.5
Netanya 15.5 3.5 3.4 29.0 29.5 117.5 0.9
Petah Tikva 11.3 2.9 2.7 34.1 37.0 83.2 1.2
Ramat Gan 12.8 3.0 3.7 33.9 27.3 92.3 1.1
Rehovot 11.0 3.2 2.9 31.0 34.9 84.0 1.2
Rishon Leziyyon 13.9 3.1 3.5 32.4 28.9 104.5 1.0
Tel Aviv-Yafo 24.2 2.0 2.1 50.0 48.3 193.7 0.5
This page in other languages: