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Housing · Ra'anana

Ra'anana home prices by neighbourhood

The average apartment in Ra'anana costs ₪3.66M and average rent is ₪7,650 a month. Most expensive neighbourhood: Neve Zemer (₪4.27M); cheapest: Commerce and Industry Park (₪2.71M). 4,752 housing units in approved plans, with 4,393 more in planning. 6 urban renewal compounds.

Average home
₪3.7M
80% above the national average
Rent
₪7,650
a month, average
Units in approved plans
4,752
plus 4,393 in planning
Urban renewal compounds
6
731 homes planned
Home price
cheaperpricier
no data

Ra'anana neighbourhoods from most to least expensive

Most expensive: Neve Zemer (₪4.3M). Cheapest: Commerce and Industry Park (₪2.7M)

Real estate · last 12 months

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  1. 1Neve Zemer
    ₪4.3M
  2. 2Lester / Ravutsky
    ₪3.4M
  3. 3Centre
    ₪3.2M
  4. 4Kazan
    ₪3.2M
  5. 5Kiryat David Remez
    ₪3.2M
  6. 6Kiryat HaPrachim (2005)
    ₪3.2M
  7. 7Lev HaPark
    ₪2.9M
  8. 8Kiryat Weizmann
    ₪2.8M
  9. 9Commerce and Industry Park
    ₪2.7M

Source: Israel Tax Authority, Nadlan. Neighbourhoods with few sales appear in the table without an average.

All neighbourhoods in Ra'anana

A table of 19 neighbourhoods: price, rent and yearly change

Show
1-year change
Neve Zemer₪4.3M▲ 2.4% ₪8,900
Lester / Ravutsky₪3.4M▲ 15.3% ₪8,000
Centre₪3.2M▼ 2.1% ₪7,475
Kazan₪3.2M▼ 1.1% ₪7,800
Kiryat David Remez₪3.2Mno change ₪7,500
Kiryat HaPrachim (2005)₪3.2M▼ 1.4% ₪7,350
Lev HaPark₪2.9M▼ 8.2% ₪7,400
Kiryat Weizmann₪2.8M▼ 8.8% ₪6,825
Commerce and Industry Park₪2.7M₪7,900
Asher—₪11,950
Neot Uzi—₪7,800
Pardes Meshutaf—₪8,000
Kiryat Eliyahu Golomb—₪10,000
Kiryat Ganim—₪13,850
Kiryat Sharet—₪6,800
Kiryat Shazar—₪6,200
Neighbourhood 2003—₪8,650
Neighbourhood 2004—₪8,975
Neighbourhood 2008—₪10,000

How many new homes are planned in Ra'anana?

4,752 housing units in approved plans, plus 4,393 in planning

Planning · Planning Administration

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Approved: 4,752 unitsDeposited for objections: 2,015 unitsUnder planning review: 2,378 units

Housing units in approved plans, by year

’16’17’18’19’20’21’22’23’24’25’26

The biggest plans

Recently approved

Plans in the online planning system that add housing units, excluding national, district and master plans. An outline plan and a detailed plan for the same area can overlap, so the total is a ceiling, not a count of homes. Plan names are in Hebrew, as registered.

Urban renewal (pinui binui) in Ra'anana

6 compounds: 206 homes today, 731 after

Urban renewal

Show
6compounds
206 → 731homes today → after
0under construction
CompoundHomes todayAfter the projectStatus
כנרת52154×3Plan approved, permits issuedplan
ויצמןKiryat Shazar48154×3.2Plan approved, permits issuedplan
ברנדיס39136×3.5Plan approved, permits issuedplan
מגדל32133×4.2Plan approved, not yet started
פינוי בינוי מתחם מגדל רע/מק/859 אAsher3588×2.5Plan approved, not yet startedplan
גולןKiryat Weizmann—66Plan approved, not yet startedplan

Source: Government Authority for Urban Renewal, declared compounds (tax track and local authority track). Compound names are in Hebrew.

Residential land tenders in Ra'anana

13 tenders since 2015, 1 open now

Israel Land Authority

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13 tenders since 2015 offering 2,012 housing units; 1 open now.

Open and published

  • Tender 82/2026Open for bids

    Registration and lottery · Low-rise housing · 1 units · closes 1 Dec 2026

Recent tenders

  • Mechir Matara (target price) · Multi-storey housing · 1,542 units · 7 lots · 7 Apr 2025

    Winners: רמי שבירו הנדסה בניה והשקעות בע"מ, אוליצקי פיתוח מגורים בעמ, רם אדרת מגורים בע"מ, שי נחשון החזקות וניהול בע"מ, שי-חי יזמות והשקעות בע"מ

    232 bids
  • Public tender · Low-rise housing · 1 units · 16 Aug 2023 · Lester / Ravutsky

    Winners: שלמה צדקיה

    ₪2.7Mland per housing unit
  • Developer-initiated tender · Multi-storey housing · 48 units · 2 Nov 2022

    Winners: צמרת גני חדרה 1989 בע״מ

    ₪605,000land per housing unit
  • Developer-initiated tender · Multi-storey housing · 15 units · 15 Jun 2022 · Kiryat Sharet

    Winners: בזון הנדסה בע"מ

    ₪971,000land per housing unit
  • Public tender · Low-rise housing · 1 units · 11 Nov 2020

    Winners: יעקב דויטש

    ₪3.3Mland per housing unit
  • Public tender · Low-rise housing · 1 units · 16 Aug 2020

    Winners: אריאל רפאל

    ₪2Mland per housing unit
  • Mechir LaMishtaken (buyer's price) · Multi-storey housing · 56 units · 24 Dec 2018 · Neot Uzi

    Winners: יצחק עפר חברה לבנין ופיתוח בע"מ

    5 bids
  • Mechir LaMishtaken (buyer's price) · Multi-storey housing · 136 units · 2 Jul 2018

    Winners: שגראוי ייזום ובניה (אס.בי.סי.) בע"מ, שגראוי ליבוביץ החזקות בע"מ

    3 bids
  • Mechir LaMishtaken (buyer's price) · Multi-storey housing · 82 units · 13 Feb 2017

    Winners: אלקטרה השקעות 1998 בע"מ

    1 bids
  • Mechir LaMishtaken (buyer's price) · Multi-storey housing · 11 units · 11 Dec 2016

    Winners: בוני בנין פיתוח והשקעות (ז.ח.) בע"מ

    1 bids
  • Mechir LaMishtaken (buyer's price) · Multi-storey housing · 14 units · 21 Nov 2016 · Neve Zemer

    Winners: רמי שבירו הנדסה בניה והשקעות בע"מ

    1 bids
  • Mechir LaMishtaken (buyer's price) · Multi-storey housing · 104 units · 3 lots · 14 Mar 2016

    Winners: שרבט גיורא, רמי שיברו הנדסה בניה והשקעות בע"מ

    9 bids

Price per housing unit is the winning land bids divided by the number of homes on the plots sold, before VAT and development costs. In Mechir LaMishtaken and Mechir Matara tenders developers bid on the apartment price, so they have no land price here.

Housing in towns near Ra'anana

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FAQ

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What is the most expensive neighbourhood in Ra'anana?

Neve Zemer, with an average apartment price of ₪4.27M. Next come Lester / Ravutsky (₪3.36M) and Centre (₪3.22M).

What is the cheapest neighbourhood in Ra'anana?

Commerce and Industry Park, with an average apartment price of ₪2.71M. Next is Kiryat Weizmann (₪2.82M).

Where is rent highest in Ra'anana?

Kiryat Ganim: ₪13,850 a month on average. Lowest: Kiryat Shazar (₪6,200).

How many urban renewal projects are there in Ra'anana?

6 declared compounds, where 206 existing apartments are to be replaced by 731.

How many new homes are planned in Ra'anana?

4,752 additional housing units in plans approved in the online planning system, 2,015 in deposited plans and 2,378 in plans under review.

Are there open Israel Land Authority tenders in Ra'anana?

Yes, one residential land tender is open or published on the Israel Land Authority website.

Ra'anana in numbers: population, wages, property tax and more →
Data sources

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