In Tel Aviv, the average price per sqm in the city centre is ILS 48,150, and ILS 29,960 outside the centre (2026 data). Prices have risen 7% since 2024.

How much is rent in Tel Aviv in 2026?

A 1-bedroom apartment in Tel Aviv rents for approximately ILS 5,885 per month in 2026. A 3-bedroom apartment costs around ILS 10,700/month.

Is it better to buy or rent in Tel Aviv?

Renting is generally more cost-effective in Tel Aviv. The price-to-rent ratio is 28.0x — it would take approximately 28.0 years of rental payments to equal the property purchase price. Current mortgage rates are approximately 4.80%.

What are mortgage rates in Israel in 2026?

The average mortgage rate in Israel is approximately 4.80% as of 2026. With a price-to-rent ratio of 28.0x, buyers should carefully weigh mortgage costs against rental savings.

How have property prices in Tel Aviv changed?

Property prices in Tel Aviv have changed +2.9% vs 2025. Since 2024, prices have increased by 7%. Use the year tabs above to compare prices across years.

What is the price per sqm in Tel Aviv?

The average property price per square metre in Tel Aviv city centre is ILS 48,150 in 2026. Outside the centre, expect to pay around ILS 29,960/sqm.