Property Prices in Israel

Index
Price to Income Ratio:	12.90
Mortgage as Percentage of Income:	90.45%
Loan Affordability Index:	1.11
Price to Rent Ratio - City Centre:	33.89
Price to Rent Ratio - Outside of Centre:	35.01
Gross Rental Yield (City Centre):	2.95%
Gross Rental Yield (Outside of Centre):	2.86%

Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	3,438.18 ₪	2,300.00-5,500.00
Apartment (1 bedroom) Outside of Centre	2,745.87 ₪	1,800.00-4,091.18
Apartment (3 bedrooms) in City Centre	5,456.04 ₪	3,500.00-9,400.00
Apartment (3 bedrooms) Outside of Centre	4,400.26 ₪	3,000.00-6,800.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	2,235.81 ₪	1,347.08-4,459.31
Price per Square Feet to Buy Apartment Outside of Centre	1,852.45 ₪	1,114.83-3,530.29
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	8,526.26 ₪
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	3.58	2.50-4.50

These data are based on 1907 entries in the past 18 months from 311 different contributors.
Last update: June 2021
Our data for each country are based on all entries from all cities in that country.

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By City in Israel