The average gross rental yield in Israel stands at 2.83% (2023, Q3).

• Tel Aviv
• Jerusalem
• Haifa
• Beer Sheva
• Ra´anana

		Last Updated: Aug. 30, 2023
TEL AVIV-YAFO - Apartments	COST ($)		YIELD (p.a.)
	TO BUY	MONTHLY RENT
Center
Studio	$724,269	$1,443	2.39%
1-Bedroom	$944,335	$2,229	2.83%
2-Bedroom	$1,305,678	$2,674	2.46%
3-Bedroom	$1,735,644	$4,596	3.18%
Tel Aviv-Yafo (all locations)
Studio	$668,556	$1,365	2.45%
1-Bedroom	$877,480	$2,006	2.74%
2-Bedroom	$1,176,937	$2,424	2.47%
3-Bedroom	$1,532,108	$3,203	2.51%
4+Bedroom	$1,922,099	$4,016	2.51%
Tel Aviv-Yafo avg. Rental Yields			2.54%
JERUSALEM - Apartments	COST ($)		YIELD (p.a.)
	TO BUY	MONTHLY RENT
Jerusalem (all locations)
Studio	$389,991	$835	2.57%
1-Bedroom	$665,770	$1,337	2.41%
2-Bedroom	$682,484	$1,644	2.89%
3-Bedroom	$835,695	$2,103	3.02%
4+Bedroom	$1,309,255	$2,730	2.50%
Jerusalem avg. Rental Yields			2.68%
HAIFA - Apartments	COST ($)		YIELD (p.a.)
	TO BUY	MONTHLY RENT
Haifa (all locations)
1-Bedroom	$264,636	$807	3.66%
2-Bedroom	$359,349	$933	3.12%
3-Bedroom	$501,417	$1,253	3.00%
4+Bedroom	$821,767	$1,671	2.44%
Haifa avg. Rental Yields			3.05%
BE´ER SHEVA - Apartments	COST ($)		YIELD (p.a.)
	TO BUY	MONTHLY RENT
Be´er Sheva (all locations)
1-Bedroom	$194,996	$613	3.77%
2-Bedroom	$231,209	$696	3.61%
3-Bedroom	$306,421	$871	3.41%
4+Bedroom	$480,917	$1,226	3.06%
Be´er Sheva avg. Rental Yields			3.46%
RA´ANANA - Apartments	COST ($)		YIELD (p.a.)
	TO BUY	MONTHLY RENT
Ra´anana (all locations)
2-Bedroom	$754,911	$1,754	2.79%
3-Bedroom	$1,125,403	$2,034	2.17%
4+Bedroom	$1,323,184	$2,507	2.27%
Ra´anana avg. Rental Yields			2.41%
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

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).