Property Prices in Ramat Gan, Israel

Index Info
Price to Income Ratio: 15.36
Mortgage as Percentage of Income: 109.78%
Loan Affordability Index: 0.91
Price to Rent Ratio - City Centre: 32.24
Price to Rent Ratio - Outside of Centre: 26.92
Gross Rental Yield (City Centre): 3.10%
Gross Rental Yield (Outside of Centre): 3.71%
Rent Per Month
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Apartment (1 bedroom) in City Centre 4,850.00 ₪ 4,000.00-6,300.00
Apartment (1 bedroom) Outside of Centre 4,362.50 ₪ 3,500.00-5,500.00
Apartment (3 bedrooms) in City Centre 7,118.18 ₪ 6,000.00-9,000.00
Apartment (3 bedrooms) Outside of Centre 6,575.00 ₪ 5,500.00-7,800.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 2,906.29 ₪ 2,601.26-3,177.26
Price per Square Feet to Buy Apartment Outside of Centre 2,206.43 ₪ 1,672.24-2,787.07
Salaries And Financing
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Average Monthly Net Salary (After Tax) 8,955.56 ₪
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.80 2.30-4.75

These data are based on 83 entries in the past 18 months from 16 different contributors.
Last update: June 2023

Sources and References
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