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New North (Kikar HaMedina area) · Tel Aviv-Yafo

New North (Kikar HaMedina area) home prices

The average home in New North (Kikar HaMedina area), Tel Aviv-Yafo sold for ₪4.93M over the last 12 months, 40% above the Tel Aviv-Yafo average. Average rent: ₪9,800 a month (Tel Aviv-Yafo: ₪8,000). It ranks 8 of 40 neighbourhoods in Tel Aviv-Yafo by price.

Average home
₪4.9M
40% above the city average
Rent
₪9,800
a month, average
Price rank in the city
8 of 40
1 = most expensive
Rental yield
2.4%
a year, gross
Tel Aviv-Yafo neighbourhoods by average home price

How much does a home cost in New North (Kikar HaMedina area)?

Real estate · to Q2 26

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Average home price
₪4.9Mover the last 12 months
▼ 0.7% a year40% above the Tel Aviv-Yafo average

142% above the national average

3 rooms
₪4.7M
▼ 9.1%
4 rooms
₪6.6M
no change
5+ rooms
₪8.5M
no change
Average rent
₪9,800a month
▲ 6% a year23% above the Tel Aviv-Yafo average

96% above the national average

3 rooms
₪9,000
4 rooms
₪11,550
no change
5+ rooms
₪15,500
▲ 6.9%

Average home price by quarter

New North (Kikar HaMedina area)Tel Aviv-YafoIsrael
₪5.4M20212022202320242025
Rent by quarter too

Average rent by quarter

New North (Kikar HaMedina area)Tel Aviv-YafoIsrael
₪9,8002022202320242025

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

Where does New North (Kikar HaMedina area) rank in Tel Aviv-Yafo?

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  1. 1Bavli
    ₪6M
  2. 2Plan L
    ₪6M
  3. 3New North (southern part)
    ₪5.3M
  4. 4Nofei Yam
    ₪5.2M
  5. 5Ganei Sarona
    ₪5.1M
  6. 6Ganei Tzahala
    ₪5.1M
  7. 7Neve Avivim
    ₪5M
  8. 8New North (Kikar HaMedina area)
    ₪4.9M
  9. 9Neot Afeka A
    ₪4.9M
  10. 10New North (northern part)
    ₪4.5M
  11. 11Ramat Aviv
    ₪4.4M
  12. 12Neve Tzedek
    ₪4.4M
All neighbourhoods in Tel Aviv-Yafo →

Neighbourhoods near New North (Kikar HaMedina area)

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Building plans in and around New North (Kikar HaMedina area)

772 housing units in approved plans

Planning

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772 housing units in approved plans, in plans whose centre is closer to New North (Kikar HaMedina area) than to any other neighbourhood.

  • 680units
    Local outline plan 507-0634923ApprovedUrban renewal

    תא/4474 - תכנית לפיתוח והתחדשות רחוב ארלוזורוב

    199.4 dunams · approved 31 Dec 2023

  • 68units

    ארלוזורוב 115 תל אביב

    3.7 dunams · approved 6 Nov 2018

  • 24units
    Detailed plan 507-0135467ApprovedUrban renewal

    התחדשות רחוב אבן גבירול 144-148- תא/מק/4202 - מכח תמ"א 38

    1.6 dunams · approved 18 Sep 2017

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 New North (Kikar HaMedina area)

1 urban renewal compound

Urban renewal

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CompoundHomes todayAfter the projectStatus
ארלוזורוב57248×4.4Plan approved, not yet startedplan

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

Streets in New North (Kikar HaMedina area)

אבן ג'נאח, אהבת ציון, אפשטיין, אריה עקיבא and 51 more

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  • אבן ג'נאח
  • אהבת ציון
  • אפשטיין
  • אריה עקיבא
  • ארלוזורוב
  • בילטמור
  • בלקינד
  • בן-לברט
  • בן-סרוק
  • בן-שפרוט
  • ברנדייס
  • גבעת המורה
  • גלוסקין
  • ד"ר חיים מנחם בסוק
  • דבורה ומנחם גילוץ
  • דוד ילין
  • דוד רמז
  • דנין
  • ה' באייר
  • הלסינקי
  • הציונות
  • השופט נופך
  • ויסוצקי
  • ויצמן
  • ז'בוטינסקי
  • זיכרון יעקב
  • זלוציסטי
  • חברה חדשה
  • חדרה
  • חיותמן
  • חנקין
  • יהודה גור
  • יעקב דה-האז
  • יעקב מוזיר
  • כהנשטם
  • לואי ליפסקי
  • ליסין
  • מוסנזון
  • מטמון כהן
  • מרדכי נמיר
  • מרים החשמונאית
  • משה שרת
  • סמילנסקי
  • על פרשת דרכים
  • פייבל
  • פנקס
  • קליי
  • רח' 1184
  • רח' 1279
  • רח' 614
  • רח' 615
  • שור
  • שטריקר
  • שלמה אבן גבירול
  • תש"ח

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 New North (Kikar HaMedina area), Tel Aviv-Yafo?

₪4.93M, based on sales reported to the Israel Tax Authority over the last 12 months: 3 rooms ₪4.66M, 4 rooms ₪6.64M, 5+ rooms ₪8.46M. The average across Tel Aviv-Yafo is ₪3.53M.

How much does it cost to rent in New North (Kikar HaMedina area), Tel Aviv-Yafo?

Average rent is ₪9,800 a month (3 rooms ₪9,000, 4 rooms ₪11,550, 5+ rooms ₪15,500).

Are home prices in New North (Kikar HaMedina area), Tel Aviv-Yafo going up?

The average price fell 0.66% from the previous 12 months.

What is the rental yield in New North (Kikar HaMedina area), Tel Aviv-Yafo?

About 2.4% a year (annual rent divided by the price), based on Nadlan data.

Is there urban renewal (pinui binui) in New North (Kikar HaMedina area), Tel Aviv-Yafo?

Yes. One urban renewal compound has been declared in and around the neighbourhood, replacing 57 apartments with 248.

How many new homes are planned in New North (Kikar HaMedina area), Tel Aviv-Yafo?

Plans centred in and around the neighbourhood add 772 housing units in approved plans, according to the Planning Administration.

Data sources

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