Neighborhood Breakdown
Beit Shemesh offers several retirement-friendly areas where rental properties with storage can be found:
- Ramat Beit Shemesh Aleph – Popular with Anglo retirees, accessible to synagogues and shopping, units with basement storage common.
- Ramat Beit Shemesh Gimmel – Newer developments, higher density, more modern elevators and underground parking.
- Old Beit Shemesh (City Center) – Older stock, lower prices, less storage availability but close to medical services.
Investment Reality
Average rental prices for retirement-suitable units with storage in Beit Shemesh (2024):
| Area | Monthly Rent (₪) | Price per m² (₪) | Yield % |
|---|---|---|---|
| RBS Aleph | ₪4,800 – ₪6,200 | ₪14,500 – ₪16,800 | 3.7% |
| RBS Gimmel | ₪5,200 – ₪6,800 | ₪13,800 – ₪15,600 | 4.1% |
| City Center | ₪3,800 – ₪5,000 | ₪12,200 – ₪14,000 | 3.9% |
Market Trends
2021
2022
2023
2024
Reality Check
- Limited supply of true retirement-oriented rentals with elevators and storage.
- Property tax (arnona) higher in newer buildings, averaging ₪65-75/m² annually.
- Parking availability limited in older City Center stock.
Versus the Competition
| City | Avg Rent (₪) | Yield % | Notes |
|---|---|---|---|
| Beit Shemesh | ₪4,500 – ₪6,500 | 3.8% – 4.2% | Balanced between affordability and growth. |
| Jerusalem | ₪6,500 – ₪9,000 | 2.8% – 3.4% | Higher prestige but lower yield. |
| Modiin | ₪5,800 – ₪7,500 | 3.4% – 3.9% | Family-oriented, fewer retirement options. |
Why Retirement Homes With Storage For Rent Beit Shemesh Wins
- Strong Anglo retiree demand ensures low vacancy.
- Storage units add premium rental value (₪300-500/month uplift).
- Proximity to Jerusalem makes it an attractive compromise location.
- Modern projects in Gimmel designed with accessibility in mind.
Who Belongs Here
The ideal tenants are retirees aged 65+, often English-speaking immigrants, seeking mid-size 3-room units with elevators, storage, and proximity to community centers. Investors should note that these tenants prefer stability and multi-year rental agreements, providing predictable income streams.
Frequently Asked Questions
The Bottom Line
Retirement homes with storage in Beit Shemesh provide a unique investment niche with balanced affordability, strong tenant demand, and steady rental income. With population growth and ongoing development, this segment is positioned for appreciation and long-term stability.
Expert guidance makes all the difference. Let’s explore your options.
