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Neve Tzedek · Tel Aviv-Yafo

Neve Tzedek home prices

The average home in Neve Tzedek, Tel Aviv-Yafo sold for ₪4.35M over the last 12 months, 23% above the Tel Aviv-Yafo average. Average rent: ₪9,600 a month (Tel Aviv-Yafo: ₪8,000). It ranks 12 of 40 neighbourhoods in Tel Aviv-Yafo by price.

Average home
₪4.4M
23% above the city average
Rent
₪9,600
a month, average
Price rank in the city
12 of 40
1 = most expensive
Rental yield
2.7%
a year, gross
Tel Aviv-Yafo neighbourhoods by average home price

How much does a home cost in Neve Tzedek?

Real estate · to Q2 26

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Average home price
₪4.4Mover the last 12 months
▼ 25.5% a year23% above the Tel Aviv-Yafo average

114% above the national average

Average rent
₪9,600a month
▼ 1.5% a year20% above the Tel Aviv-Yafo average

92% above the national average

3 rooms
₪11,249
▲ 8.7%
4 rooms
₪13,325
▼ 15.4%
5+ rooms
₪21,750

Average home price by quarter

Neve TzedekTel Aviv-YafoIsrael
₪4.4M20212022202320242025
Rent by quarter too

Average rent by quarter

Neve TzedekTel Aviv-YafoIsrael
₪10,0002022202320242025

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 Neve Tzedek

491 housing units in approved plans, plus 2 in planning

Planning

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491 housing units in approved plans and 2 more in plans still in the planning process, in plans whose centre is closer to Neve Tzedek than to any other neighbourhood.

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).

Land tenders in Neve Tzedek

4 tenders

Israel Land Authority

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  • Public tender · Low-rise housing · 3 units · 12 Feb 2024

    Winners: רחלי בן ברוך, אורי יטבת

    ₪2.9Mland per housing unit
  • Public tender · Multi-storey housing · 5 units · 19 Oct 2022

    Winners: עופרה כהן, כהן סיטי בעמ

    ₪3.6Mland per housing unit
  • Public tender · Residential and retail · 10 units · 12 May 2019

    Winners: דן (ב.ע) נדל"ן בע"מ

    ₪1.7Mland per housing unit
  • Public tender · Low-rise housing · 2 units · 24 Jul 2016

    Winners: בן דוד אילן, פוקס שלומי

    ₪3.6Mland per housing unit

Source: Israel Land Authority tender system. Price per housing unit is the winning land bid divided by the number of homes, before VAT and development costs.

Streets in Neve Tzedek

אבא ושרה נאמן, אחד העם, אחווה, איל"ן and 81 more

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  • אבא ושרה נאמן
  • אחד העם
  • אחווה
  • איל"ן
  • אילת
  • אליזבת ברגנר
  • אליפלט
  • אלעזר רוקח
  • אלרואי
  • אמזלג
  • אריה שנקר
  • אשקלון
  • באר יעקב
  • בוסתנאי
  • בית הבד
  • בית הנוער
  • גרוזנברג
  • דגניה
  • האטד
  • החרמון
  • היכל התלמוד
  • הירקון
  • הכובשים
  • הכרמל
  • המרד
  • הרצל
  • השחר
  • השנית
  • התבור
  • זרח ברנט
  • חברת ש"ס
  • חלץ
  • חנניה
  • יבנאל
  • יהודה החסיד
  • יהודה הלוי
  • יהושע התלמי
  • יוסף לוי
  • יחאלי
  • יחזקאל קויפמן
  • יפו
  • יצחק אולשן
  • יצחק אלחנן
  • יקינתון
  • ישיבת וולוז'ין
  • כינרת
  • כל ישראל חברים
  • כפר סבא
  • לוע הארי
  • לילינבלום
  • לפין
  • מגדל
  • מוהליבר
  • מולכו
  • מחנה יוסף
  • מטולה
  • מרכולת
  • נווה צדק
  • נווה שלום
  • נחום גולדמן
  • ניצנה
  • עין גנים
  • עין יעקב
  • עצמון
  • פינס
  • קומפרט
  • ראשונים
  • רוחמה
  • רח' 3357
  • רח' 440
  • רח' 443
  • רענן
  • רציף הרברט סמואל
  • שבזי
  • שבתי דון-יחיא
  • שטיין
  • שלהבית
  • שלוש
  • שלמה מולכו
  • שמעון רוקח
  • שמרלינג
  • שרעבי
  • תחכמוני
  • תרצ"ו
  • תרצה

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

Tel Aviv-Yafo price map

Every neighbourhood on the map, coloured by home price

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Home price
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FAQ

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What is the average apartment price in Neve Tzedek, Tel Aviv-Yafo?

₪4.35M, based on sales reported to the Israel Tax Authority over the last 12 months. The average across Tel Aviv-Yafo is ₪3.53M.

How much does it cost to rent in Neve Tzedek, Tel Aviv-Yafo?

Average rent is ₪9,600 a month (3 rooms ₪11,249, 4 rooms ₪13,325, 5+ rooms ₪21,750).

Are home prices in Neve Tzedek, Tel Aviv-Yafo going up?

The average price fell 25.48% from the previous 12 months.

What is the rental yield in Neve Tzedek, Tel Aviv-Yafo?

About 2.7% a year (annual rent divided by the price), based on Nadlan data.

How many new homes are planned in Neve Tzedek, Tel Aviv-Yafo?

Plans centred in and around the neighbourhood add 491 housing units in approved plans and 2 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.