Gross rental yields in Israel: Tel Aviv and 4 other cities
The average gross rental yield in Israel stands at 2.76% (Q3 2024). Previously, in Q2 2024 the average rental yield was 2.53%.
Cities and areas compared
- Tel Aviv
- Jerusalem
- Haifa
- Beer Sheva
- Ra'anana
Historical rental yields in Israel
View the full rental yield dataset (2022 - Present)
| Last Updated: Sep. 19, 2024 Next Update: May 2025 |
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| TEL AVIV-YAFO - Apartments | COST ($) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Center | |||
| 1-Bedroom | $884,407 | $1,834 | 2.49% |
| 2-Bedroom | $1,159,436 | $2,376 | 2.46% |
| 3-Bedroom | $1,482,999 | $3,918 | 3.17% |
| Tel Aviv-Yafo (all locations) | |||
| 1-Bedroom | $823,576 | $2,196 | 3.20% |
| 2-Bedroom | $1,115,813 | $2,258 | 2.43% |
| 3-Bedroom | $1,455,871 | $3,055 | 2.52% |
| 4+Bedroom | $1,973,927 | $3,454 | 2.10% |
| Tel Aviv-Yafo avg. Rental Yields | 2.56% | ||
| JERUSALEM - Apartments | COST ($) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Jerusalem (all locations) | |||
| 1-Bedroom | $741,768 | $1,383 | 2.24% |
| 2-Bedroom | $796,271 | $1,648 | 2.48% |
| 3-Bedroom | $930,534 | $2,286 | 2.95% |
| 4+Bedroom | $1,728,135 | $2,658 | 1.85% |
| Jerusalem avg. Rental Yields | 2.38% | ||
| HAIFA - Apartments | COST ($) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Haifa (all locations) | |||
| 1-Bedroom | $345,370 | $743 | 2.58% |
| 2-Bedroom | $371,672 | $903 | 2.92% |
| 3-Bedroom | $571,190 | $1,142 | 2.40% |
| Haifa avg. Rental Yields | 2.63% | ||
| BE'ER SHEVA - Apartments | COST ($) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Be'er Sheva (all locations) | |||
| 1-Bedroom | $180,389 | $531 | 3.53% |
| 2-Bedroom | $219,177 | $638 | 3.49% |
| 3-Bedroom | $238,837 | $850 | 4.27% |
| Be'er Sheva avg. Rental Yields | 3.77% | ||
| RA'ANANA - Apartments | COST ($) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Ra'anana (all locations) | |||
| 3-Bedroom | $848,115 | $1,941 | 2.75% |
| 4+Bedroom | $1,329,335 | $2,366 | 2.14% |
| Ra'anana avg. Rental Yields | 2.44% | ||
| 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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Research Methodology:
Our rental yield analysis is conducted biannually to ensure up-to-date insights. We assess 1-bedroom, 2-bedroom, 3-bedroom across the largest cities and towns in Israel, comparing median rental prices with median purchase prices to determine gross rental yields.
We source data from a leading local property platform, capturing both asking rents and list prices to reflect current market conditions. The gross rental yield is calculated using the following formula:
(Median Monthly Rent × 12) ÷ Median Purchase Price × 100
For example, if the median monthly rent is $500 and the median purchase price is $100,000, the yield is calculated as:
($500 × 12) ÷ $100,000 = 6% Gross Rental Yield
Note: NET yields vary from country to country, but are usually 1.5-2% lower.