Investment Reality
Average rent in new projects (2023-2024) ranges between ₪5,200–₪7,500 per month for 4–5 room units, translating to approximately ₪85–₪105 per m². Rental yields stand at 3.2%–3.8%, with annual price growth averaging 6.5% over the last five years.
Price Dynamics
Unit Size | Avg Rent (₪) | Price per m² |
---|---|---|
3 Rooms (85m²) | ₪4,800–₪5,500 | ₪85/m² |
4 Rooms (110m²) | ₪5,800–₪6,600 | ₪92/m² |
5 Rooms (130m²) | ₪6,800–₪7,500 | ₪100/m² |
What ₪2 Million Gets You
Purchasing power at this bracket typically secures a new 4-room apartment in Ramat Beit Shemesh D or a compact 5-room unit in Gimmel, with underground parking and storage room included.
Market Trends
2021
2022
2023
2024
Who Belongs Here
Typical tenants include young religious families, Anglo olim seeking community, and professionals commuting to Jerusalem or Tel Aviv. The city’s strong schooling system and synagogues make it especially appealing for long-term renters.
Reality Check
- Traffic congestion on Highway 38 during peak hours.
- Rental yields slightly lower than central Tel Aviv or Jerusalem.
- High Arnona rates in some sub-neighborhoods (₪750–₪950 monthly).
Versus the Competition
City | Avg Rent (4 Rooms) | Yield % | Commute to TLV |
---|---|---|---|
Beit Shemesh | ₪6,200 | 3.5% | 45 min |
Jerusalem | ₪7,800 | 3.1% | 1 hr |
Modiin | ₪7,200 | 3.4% | 30 min |
Why New Developments For Rent Beit Shemesh Wins
- Modern apartments with underground parking and elevators.
- Rapidly expanding English-speaking communities.
- Strong long-term demand due to population growth (annual growth rate ~4%).
Neighborhood Breakdown
Key areas for new rental developments:
- Ramat Beit Shemesh Aleph: Family-friendly, close to schools, rents ~₪6,200 for 4 rooms.
- Ramat Beit Shemesh Gimmel: New projects, strong Anglo presence, ~₪6,500 for 4 rooms.
- Ramat Beit Shemesh D: Luxury towers, higher Arnona, ~₪7,000–₪7,500 for 5 rooms.
Frequently Asked Questions
The Bottom Line
Beit Shemesh’s new rental market is maturing into a stable, desirable option for families and investors alike. With rising demand, expanding infrastructure, and strong community growth, the city is positioned as a key rental hub between Jerusalem and Tel Aviv.
Expert guidance makes all the difference. Let’s explore your options.