Investment Reality
The average rental price for a 3–4 room apartment with designated parking in Beit Shemesh is ₪5,000/month. Price per m² for rentals averages ₪75–₪95. Annual rent increases in recent years have averaged 3.5%, reflecting growing demand among families and commuters. Gross rental yields for investors stand around 3.8–4.2%.
How It Stacks Up
Compared to neighboring cities, Beit Shemesh remains more affordable than Jerusalem (₪6,800–₪9,000/month for similar units) and Modiin (₪5,800–₪7,200/month). However, it is pricier than smaller towns like Kiryat Gat (₪3,800–₪4,800/month). Parking access adds ₪300–₪600 to monthly rent versus apartments without it.
Price Range Comparison
Neighborhood Breakdown
- Ramat Beit Shemesh Aleph: ₪4,500–₪5,200, strong Anglo community, parking often included.
- Ramat Beit Shemesh Gimmel: ₪5,200–₪6,200, newer buildings, underground parking common.
- Old Beit Shemesh (City Center): ₪4,200–₪4,800, limited parking, older stock.
- Mishkafayim & Nofei Aviv: ₪5,500–₪6,500, modern apartments, premium parking access.
Ideal Resident Profile
The typical tenant is a young or mid-sized family seeking larger apartments (90–120m²) with at least one parking spot. Commuters working in Jerusalem or Tel Aviv also value the train connection and parking convenience. Religious and Anglo immigrant families form a significant portion of the rental market.
Compelling Advantages
- Lower rents than Jerusalem with larger living spaces.
- High likelihood of parking allocation in newer neighborhoods.
- Strong school network and family-oriented infrastructure.
- Good access to Highway 38 and train line to Tel Aviv.
Reality Check
- Traffic congestion around Ramat Beit Shemesh during peak hours.
- Older areas may lack modern parking solutions.
- Property tax (Arnona) is higher in premium neighborhoods, averaging ₪700–₪1,100/month.
- Slower appreciation compared to Modiin or Jerusalem in recent years.
Frequently Asked Questions
The Bottom Line
Apartments with parking in Beit Shemesh balance affordability, space, and family-friendly living while maintaining strong commuter links to larger cities. Although growth is steadier than in hot markets like Jerusalem, the stability and practicality of parking-equipped rentals make them consistently attractive to families and investors alike.
Expert guidance makes all the difference. Let’s explore your options.
