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Herzl · Kiryat Malakhi

Herzl home prices

The average home in Herzl, Kiryat Malakhi sold for ₪1.17M over the last 12 months, about the same as the Kiryat Malakhi average. Average rent: ₪2,700 a month (Kiryat Malakhi: ₪3,100). It ranks 4 of 5 neighbourhoods in Kiryat Malakhi by price.

Average home
₪1.2M
about the same as the city average
Rent
₪2,700
a month, average
Price rank in the city
4 of 5
1 = most expensive
Rental yield
2.8%
a year, gross
Kiryat Malakhi neighbourhoods by average home price

How much does a home cost in Herzl?

Real estate · to Q2 26

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Average home price
₪1.2Mover the last 12 months
▲ 5.5% a yearabout the same as the Kiryat Malakhi average

42% below the national average

3 rooms
₪1.1M
▲ 2.9%
4 rooms
—
5+ rooms
—
Average rent
₪2,700a month
▲ 10.2% a year13% below the Kiryat Malakhi average

46% below the national average

3 rooms
₪2,475
4 rooms
—
5+ rooms
—

Average home price by quarter

HerzlKiryat MalakhiIsrael
₪1.2M20212022202320242025
Rent by quarter too

Average rent by quarter

HerzlKiryat MalakhiIsrael
₪2,6002022202320242025

Source: Israel Tax Authority, Nadlan. Averages of reported sales; quarters with few sales have no neighbourhood average, and the line skips them.

Building plans in and around Herzl

0 housing units in approved plans, plus 2,147 in planning

Planning

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0 housing units in approved plans and 2,147 more in plans still in the planning process, in plans whose centre is closer to Herzl than to any other neighbourhood.

  • 2,147units
    Detailed plan 617-1093558Under reviewUrban renewal

    קרית מלאכי מערב והתחדשות מתחם הרצל

    425.7 dunams · updated 9 Aug 2026

Source: Planning Administration, online plans. The unit count is the net addition the plan sets. Links lead to the Mavat planning information site (in Hebrew).

Urban renewal (pinui binui) in Herzl

1 urban renewal compound

Urban renewal

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CompoundHomes todayAfter the projectStatus
הרצל195898×4.6In statutory planningplan

Source: Government Authority for Urban Renewal, declared compounds. Compounds are matched to a neighbourhood by plan location or street name.

Streets in Herzl

הרצל, ויצמן

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  • הרצל
  • ויצמן

Streets assigned to the neighbourhood in Nadlan, shown in Hebrew as on street signs.

Kiryat Malakhi price map

Every neighbourhood on the map, coloured by home price

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Home price
cheaperpricier
no data

FAQ

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What is the average apartment price in Herzl, Kiryat Malakhi?

₪1.17M, based on sales reported to the Israel Tax Authority over the last 12 months: 3 rooms ₪1.13M. The average across Kiryat Malakhi is ₪1.18M.

How much does it cost to rent in Herzl, Kiryat Malakhi?

Average rent is ₪2,700 a month (3 rooms ₪2,475).

Are home prices in Herzl, Kiryat Malakhi going up?

The average price rose 5.5% from the previous 12 months.

What is the rental yield in Herzl, Kiryat Malakhi?

About 2.8% a year (annual rent divided by the price), based on Nadlan data.

Is there urban renewal (pinui binui) in Herzl, Kiryat Malakhi?

Yes. One urban renewal compound has been declared in and around the neighbourhood, replacing 195 apartments with 898.

How many new homes are planned in Herzl, Kiryat Malakhi?

Plans centred in and around the neighbourhood add 0 housing units in approved plans and 2,147 more in plans still in the planning process, according to the Planning Administration.

Data sources

Updated 1 Nov 2026. Prices are averages of sales reported to the Israel Tax Authority, not valuations.