NUMBEO

Property Prices in Israel

Index Info
Price to Income Ratio: 13.25
Mortgage as Percentange of Income: 91.84%
Loan Affordability Index: 1.09
Price to Rent Ratio - City Centre: 35.68
Price to Rent Ratio - Outside of Centre: 29.87
Gross Rental Yield (City Centre): 2.80%
Gross Rental Yield (Outside of Centre): 3.35%
Rent Per Month [ Edit ] Range
Apartment (1 bedroom) in City Centre 3,440.02 ₪ 2,300.00-5,000.00
Apartment (1 bedroom) Outside of Centre 2,739.53 ₪ 1,800.00-3,800.00
Apartment (3 bedrooms) in City Centre 5,812.56 ₪ 3,500.00-8,500.00
Apartment (3 bedrooms) Outside of Centre 4,604.44 ₪ 3,000.00-6,000.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 2,419.16 ₪ 1,070.88-4,180.60
Price per Square Feet to Buy Apartment Outside of Centre 1,609.17 ₪ 789.67-2,787.07
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 8,182.12 ₪
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.46 2.50-4.30

These data are based on 1263 entries in the past 18 months from 208 different contributors.
Last update: November 2018
Our data for each country are based on all entries from all cities in that country.

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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
Haifa 9.60 2.73 3.87 36.63 25.82 64.67 1.55
Jerusalem 19.02 1.96 3.46 50.97 28.87 135.75 0.74
Ramat Gan 10.83 3.22 3.63 31.09 27.52 76.02 1.32
Tel Aviv-Yafo 21.06 2.22 2.52 44.97 39.70 147.52 0.68
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