Property Prices in Ramat Gan, Israel

Index Info
Price to Income Ratio: 12.25
Mortgage as Percentage of Income: 88.11%
Loan Affordability Index: 1.13
Price to Rent Ratio - City Centre: 33.87
Price to Rent Ratio - Outside of Centre: 27.31
Gross Rental Yield (City Centre): 2.95%
Gross Rental Yield (Outside of Centre): 3.66%
Rent Per Month
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Apartment (1 bedroom) in City Centre 5,075.00 ₪ 4,000.00-6,300.00
Apartment (1 bedroom) Outside of Centre 4,500.00 ₪ 3,500.00-5,500.00
Apartment (3 bedrooms) in City Centre 6,400.00 ₪ 5,000.00-8,500.00
Apartment (3 bedrooms) Outside of Centre 6,883.33 ₪ 5,500.00-7,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 3,014.68 ₪ 2,694.17-3,251.58
Price per Square Feet to Buy Apartment Outside of Centre 2,322.56 ₪ 1,672.24-3,251.58
Salaries And Financing
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Average Monthly Net Salary (After Tax) 11,720.00 ₪
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.87 2.30-4.75

These data are based on 61 entries in the past 18 months from 13 different contributors.
Last update: November 2024

Sources and References
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