The question isn’t just whether that specific 4,498 NIS flat in Neve Shamir is available; the real question is how long any property at that price point lasts in one of Israel’s fastest-growing communities. The velocity of the rental market in new neighborhoods like Neve Shamir is staggering, and a well-priced unit is often rented within hours, not days.
As of September 2025, Neve Shamir (also known as Ramat Beit Shemesh Hey) is in a phase of explosive growth. New buildings are being completed and handed over to owners every month. Many of these owners are investors looking to rent their properties out quickly. This creates a surge in supply, but it is met with an equally ferocious wave of demand from young families looking for modern, spacious apartments at a more affordable price than in Jerusalem or central Israel. A standard 4-room (3 bedroom) apartment in a new project here currently rents for between 4,400 and 4,800 NIS per month.
Therefore, a listing at 4,498 NIS is priced exactly at the market rate. It is not a special deal, but it is a fair price, and it will attract immediate attention. The chances that the specific apartment you are asking about is still available are very low if it has been listed for more than 24 to 48 hours. However, the good news is that if it is gone, another one just like it will likely be listed tomorrow or the day after. To succeed in this market, you cannot focus on a single listing. You must be in constant contact with local agents, have your deposit and references ready, and be prepared to see an apartment and make a decision on the spot.
Too Long; Didn’t Read
- The rental market in Neve Shamir is extremely fast-paced.
- A price of 4,498 NIS for a flat is the current market rate and will attract many renters.
- A specific apartment at this price is likely rented within 24 to 48 hours of being listed.
- While that specific flat is probably gone, many similar properties become available every week.
- Success requires being prepared to act immediately when a new listing appears.
