Gross rental yields in Israel: Tel Aviv and 4 other cities
The average gross rental yield in Israel stands at 2.53% (2024, Q2). Previously, in Q3, 2023 the average gross rental yield stood at 2.83%.
- Tel Aviv
- Jerusalem
- Haifa
- Beer Sheva
- Ra´anana
| Last Updated: Apr. 23, 2024 | |||
| TEL AVIV-YAFO - Apartments | COST ($) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Center | |||
| 1-Bedroom | $903,690 | $2,358 | 3.13% |
| 2-Bedroom | $1,228,025 | $2,525 | 2.47% |
| 3-Bedroom | $1,650,345 | $4,518 | 3.29% |
| Tel Aviv-Yafo (all locations) | |||
| Studio | $716,307 | $1,382 | 2.32% |
| 1-Bedroom | $903,690 | $2,152 | 2.86% |
| 2-Bedroom | $1,299,719 | $2,657 | 2.45% |
| 3-Bedroom | $1,913,698 | $3,853 | 2.42% |
| 4+Bedroom | $2,631,334 | $4,120 | 1.88% |
| Tel Aviv-Yafo avg. Rental Yields | 2.38% | ||
| JERUSALEM - Apartments | COST ($) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Center - Yafo Street | |||
| 1-Bedroom | $604,252 | $1,568 | 3.11% |
| 2-Bedroom | $664,478 | $2,020 | 3.65% |
| Jerusalem (all locations) | |||
| 1-Bedroom | $685,741 | $1,568 | 2.74% |
| 2-Bedroom | $874,453 | $1,727 | 2.37% |
| 3-Bedroom | $1,049,876 | $2,179 | 2.49% |
| 4+Bedroom | $1,227,956 | $2,525 | 2.47% |
| Jerusalem avg. Rental Yields | 2.52% | ||
| HAIFA - Apartments | COST ($) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Haifa (all locations) | |||
| Studio | $186,053 | $585 | 3.77% |
| 1-Bedroom | $305,660 | $745 | 2.92% |
| 2-Bedroom | $528,924 | $854 | 1.94% |
| 3-Bedroom | $823,953 | $1,198 | 1.74% |
| 4+Bedroom | $1,116,323 | $1,464 | 1.57% |
| Haifa avg. Rental Yields | 2.39% | ||
| BE´ER SHEVA - Apartments | COST ($) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Center - Neighborhood C | |||
| 2-Bedroom | $379,434 | $639 | 2.02% |
| 3-Bedroom | $439,377 | $732 | 2.00% |
| Be´er Sheva (all locations) | |||
| 1-Bedroom | $226,345 | $639 | 3.39% |
| 2-Bedroom | $250,312 | $665 | 3.19% |
| 3-Bedroom | $399,434 | $958 | 2.88% |
| Be´er Sheva avg. Rental Yields | 2.69% | ||
| RA´ANANA - Apartments | COST ($) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Ra´anana (all locations) | |||
| 3-Bedroom | $1,033,928 | $1,980 | 2.30% |
| 4+Bedroom | $1,299,719 | $2,239 | 2.07% |
| Ra´anana avg. Rental Yields | 2.18% | ||
| All yields are gross - i.e., before taxes, repair costs, ground rents, estate agents fees, and any other costs. Net yields (what you´ll really earn) are typically around 1.5% to 2% lower. Source: Global Property Guide and Madlan |
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Israel´s Historic Rental Yield Data
Research Methodology: To conduct this research, we searched for studio, 1-bedroom, 2-bedroom, 3-bedroom, and 4-bedroom apartments in the largest cities of Israel. We used the local website for both buying and renting prices to determine the average gross rental yields (Monthly Rent x 12 / Purchase Price).
For instance, if the monthly rent is $500 and the purchase price is $100,000, the calculation would be: $500 (Monthly Rent) x 12 / $100,000 (Purchase Price) = 6% (Gross Rental Yield).