Welcome to the vibrant heart of the German Colony in Jerusalem, a neighborhood where historic charm meets modern lifestyle. Nestled along the iconic Emek Refaim Street, this upscale area offers an irresistible blend of boutique shops, cozy cafes, and cultural attractions that embody the spirit of Jerusalem. Whether you’re looking to buy property in Jerusalem, rent in Jerusalem Israel, or invest in Jerusalem, our curated selection of listings in this unique neighborhood caters to discerning buyers, renters, and investors alike. With its mix of elegant, restored historic homes and contemporary amenities, German Colony is a coveted destination for those seeking the best in Jerusalem Israel real estate. Scroll down and see the listings.
According to Semerenko Group's registry, the median recorded apartment sale price in Jerusalem (a city figure, not German Colony) was ₪2,700,000 in Q2 2026 (1,031 deals). The price tables on this page show city-level figures; see Jerusalem for the whole city.
| Quarter | Deals (n) | Median price ₪ | Median price $ | Median price £ | Median price € | Median per sqm ₪ | Median per sq ft ₪ |
|---|---|---|---|---|---|---|---|
| Q3 2026 (partial quarter) | 332 | ₪2,722,500 | $881,000 | £657,000 | €784,000 | ₪35,757 | ₪3,322 |
| Q2 2026 | 1,031 | ₪2,700,000 | $874,000 | £652,000 | €778,000 | ₪34,935 | ₪3,246 |
| Q1 2026 | 1,168 | ₪2,907,500 | $941,000 | £702,000 | €837,000 | ₪35,870 | ₪3,332 |
| Q4 2025 | 1,203 | ₪2,950,000 | $954,000 | £712,000 | €850,000 | ₪36,376 | ₪3,379 |
| Q3 2025 | 765 | ₪2,780,000 | $899,000 | £671,000 | €801,000 | ₪35,847 | ₪3,330 |
| Q2 2025 | 692 | ₪2,800,000 | $906,000 | £676,000 | €806,000 | ₪36,702 | ₪3,410 |
| Q1 2025 | 822 | ₪2,750,000 | $890,000 | £664,000 | €792,000 | ₪36,429 | ₪3,384 |
| Q4 2024 | 863 | ₪2,720,000 | $880,000 | £657,000 | €783,000 | ₪34,483 | ₪3,204 |
| Month | Sale median ₪ | Sale $ | Sale £ | Sale € | Sale listings (n) | Rent median ₪ a month | Rent $ | Rent £ | Rent € | Rent listings (n) |
|---|---|---|---|---|---|---|---|---|---|---|
| October 2026 (month so far) | ₪3,990,000 | $1,290,000 | £963,000 | €1,150,000 | 3,951 | ₪7,000 | $2,260 | £1,690 | €2,020 | 5,119 |
| Size (sqm) | Size (sq ft) | Deals (n) | Median price ₪ | Median price $ |
|---|---|---|---|---|
| under 60 sqm | under 646 sq ft | 711 | ₪2,160,000 | $699,000 |
| 60-89 sqm | 646-958 sq ft | 1,363 | ₪2,585,000 | $836,000 |
| 90-119 sqm | 969-1,281 sq ft | 1,106 | ₪3,397,500 | $1,100,000 |
| 120-159 sqm | 1,292-1,711 sq ft | 389 | ₪4,326,000 | $1,400,000 |
| 160+ sqm | 1,722+ sq ft | 151 | ₪8,000,000 | $2,590,000 |
| Israeli rooms | Bedrooms | Listings (n) | Median rent ₪ a month | Rent $ | Rent £ | Rent € |
|---|---|---|---|---|---|---|
| 1-2 | 0-1 | 1,014 | ₪4,600 | $1,490 | £1,110 | €1,320 |
| 3 | 2 | 1,077 | ₪6,900 | $2,230 | £1,670 | €1,990 |
| 4 | 3 | 922 | ₪8,700 | $2,810 | £2,100 | €2,510 |
| 5+ | 4 or more | 652 | ₪13,500 | $4,370 | £3,260 | €3,890 |
Frequently asked questions
What is the median apartment price and price per square meter in German Colony?
Across Jerusalem as a whole in Q2 2026, the median recorded apartment sale price was ₪2,700,000 ($874,000) and the median price per square meter was ₪34,935 per sqm (₪3,246 per sq ft) across 1,031 recorded deals.
What are current asking prices and monthly rents in German Colony?
On deduplicated public portal listings, the median asking sale price (city-wide figures for Jerusalem) in October 2026 (month so far) is ₪3,990,000 ($1,290,000) across 3,951 active portal listings, and the median monthly asking rent is ₪7,000 ($2,260) across 5,119 rental listings. By apartment size, median monthly asking rents are: 1-2 rooms (0-1 bedrooms): ₪4,600/month (n=1,014); 3 rooms (2 bedrooms): ₪6,900/month (n=1,077); 4 rooms (3 bedrooms): ₪8,700/month (n=922); 5+ rooms (4 or more bedrooms): ₪13,500/month (n=652).
How do recorded apartment prices vary by size in Jerusalem?
Over the last four quarters of Israel Tax Authority records in Jerusalem, median apartment sale prices by registered floor area are: under 60 sqm (under 646 sq ft): ₪2,160,000 ($699,000, n=711 deals); 60-89 sqm (646-958 sq ft): ₪2,585,000 ($836,000, n=1,363 deals); 90-119 sqm (969-1,281 sq ft): ₪3,397,500 ($1,100,000, n=1,106 deals); 120-159 sqm (1,292-1,711 sq ft): ₪4,326,000 ($1,400,000, n=389 deals); 160+ sqm (1,722+ sq ft): ₪8,000,000 ($2,590,000, n=151 deals).
How does Semerenko Group verify German Colony market data?
Recorded transaction prices come from official Israel Tax Authority filings (Nadlan / GovMap layer 16), asking prices come from deduplicated active listings on Israeli property portals, and foreign-currency figures use Bank of Israel representative exchange rates. Cells with fewer than 20 observations are suppressed. Data verified 2026-10-24.
Sources
- Bank of Israel representative exchange rates (EUR), data as of 2026-10-21
- Bank of Israel representative exchange rates (GBP), data as of 2026-10-21
- Bank of Israel representative exchange rates (USD), data as of 2026-10-21
- Israel Tax Authority recorded deals via GovMap layer 16, data as of 2026-09-01
- Active property listings (Yad2, Madlan and other public listing sites, duplicates removed), data as of 2026-10-24
Data compiled 2026-10-24 from cited sources · Editorial oversight: Chaim Semerenko · Methodology · Editorial policy · Corrections policy · Authors
The German Colony is a jewel in Jerusalem’s diverse real estate landscape, steeped in a fascinating history that dates back to its establishment in 1873 by German Templers. Originally founded as an agricultural settlement on the outskirts of the Old City, the neighborhood has evolved over the decades into a stylish, upscale community celebrated for its unique architectural blend. Today, visitors and residents alike enjoy strolling down Emek Refaim Street, a bustling avenue lined with renovated 19th-century homes, trendy boutiques, art-house cinemas like the Smadar Theater, and a variety of gourmet restaurants offering international and local cuisine.
Culturally, the German Colony offers a rich tapestry of experiences. The streets echo with stories of its Templar roots and the later influences of affluent Arab and Western communities, all of which contribute to the neighborhood’s distinctive character. Lively sidewalk cafes, green parks like Park HaMesila (the transformed Train Track Park), and charming community spaces create an inviting atmosphere that appeals to families, professionals, and creative souls. This unique mix of historical preservation and modern innovation has not only made the German Colony a sought-after locale for those wanting to buy property in Jerusalem but also a prime area to rent in Jerusalem Israel and invest in Jerusalem real estate.
Market trends in this coveted neighborhood reflect its enduring appeal, properties here have seen steady appreciation thanks to limited supply, high demand from both local and international buyers, and continued efforts to preserve the area’s old-world charm. Whether you’re a first-time homebuyer, a seasoned investor, or someone searching for a rental that offers both comfort and style, the German Colony stands as a testament to Jerusalem’s dynamic and evolving real estate market.
For more insights on market trends, lifestyle amenities, and the rich cultural heritage of this neighborhood, explore our website further and discover why the German Colony is one of the most desirable areas in Jerusalem.
