Property Prices in Ramat Gan, Israel

Index Info
Price to Income Ratio: 13.18
Mortgage as Percentage of Income: 92.75%
Loan Affordability Index: 1.08
Price to Rent Ratio - City Centre: 33.59
Price to Rent Ratio - Outside of Centre: 30.47
Gross Rental Yield (City Centre): 2.98%
Gross Rental Yield (Outside of Centre): 3.28%
Rent Per Month
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Apartment (1 bedroom) in City Centre 4,466.67 ₪ 4,000.00-5,000.00
Apartment (1 bedroom) Outside of Centre 3,700.00 ₪ 3,000.00-4,200.00
Apartment (3 bedrooms) in City Centre 7,185.71 ₪ 6,000.00-8,000.00
Apartment (3 bedrooms) Outside of Centre 5,700.00 ₪ 4,500.00-6,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 2,895.45 ₪ 2,554.81-3,251.58
Price per Square Feet to Buy Apartment Outside of Centre 2,136.75 ₪ 1,672.24-3,065.77
Salaries And Financing
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Average Monthly Net Salary (After Tax) 10,273.62 ₪
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.62 2.30-4.50

These data are based on 68 entries in the past 18 months from 11 different contributors.
Last update: August 2022

Sources and References
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