Apartment prices and mortgages in Jerusalem
In Q2 2026, the 782 apartments sold in Jerusalem cost ₪3,058,500 on average, 25.6% above the national average of ₪2,435,000. Prices are up 1.1% on a year.
Average price by number of rooms
| Rooms | Average price | Deals |
|---|---|---|
| 1–2 rooms | ₪2,140,400 | 67 |
| 2.5–3 rooms | ₪2,552,800 | 309 |
| 3.5–4 rooms | ₪3,182,100 | 255 |
| 4.5–5 rooms | ₪4,294,000 | 135 |
| 5.5–6 rooms | ₪4,273,400 | 16 |
What a typical flat costs to finance
For 3.5–4 rooms at ₪3,182,100, a first-home buyer can borrow up to 75% of the price: ₪2,386,575, with ₪795,525 of their own. A balanced mix at today's Bank of Israel rates costs about ₪15,143 a month, so the household needs about ₪37,900 net a month to keep the payment under 40% of income.
Purchase tax at that price: ₪54,643 for a resident's only home, ₪6,017 for a new immigrant (oleh).
Simulate this mortgageQuestions
- What is the average apartment price in Jerusalem?
- ₪3,058,500 in Q2 2026, the average of 782 deals recorded by the Central Bureau of Statistics. A 3.5–4 rooms flat averaged ₪3,182,100.
- How much can I borrow to buy in Jerusalem?
- For a first home, Israeli banks may lend up to 75% of the price (70% for a replacement home, 50% for an investment property or a foreign resident). On a ₪3,182,100 flat that is ₪2,386,575, so you need at least ₪795,525 plus purchase tax and fees.
- What income do I need for a mortgage in Jerusalem?
- A ₪2,386,575 loan costs about ₪15,143 a month at today's rates. Banks cap the payment at 50% of net income and rarely approve above 40%, so plan for about ₪37,900 net a month.