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Home » Locations » Karmiel

Karmiel Property Prices, Rent & Rental Yield

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Welcome to Karmiel, the city of green hills, culture, and opportunity in the heart of the Galilee. Founded in 1964 as a modern development town, Karmiel has grown into a thriving city of over 50,000 residents, celebrated for its quality of life, environmental beauty, and cultural vibrancy. Nestled in the Beit HaKerem Valley between Acre and Safed, it combines urban planning with breathtaking landscapes, making it one of Israel’s most livable cities.

Families choose Karmiel for its excellent schools, welcoming immigrant community, and parks that weave nature into everyday life. Young professionals are drawn to its affordable housing, modern train link to Haifa and the coast, and strong job market in clean industries and technology. Investors see long-term value in its balanced real estate market, with everything from compact starter apartments to luxury duplexes in new developments.

Karmiel is not just another northern city, it’s a unique blend of modern planning, cultural richness, and community spirit, anchored by the world-famous Karmiel Dance Festival that attracts visitors from across the globe each summer. Whether you’re looking to live, work, or invest, Karmiel offers a lifestyle that balances comfort, opportunity, and natural beauty.

Live market data · updated 2026-06-26

A standard 4-room apartment in Karmiel has a recorded median sale price of about ₪1,540,000 (about $518,000) and rents for about ₪4,100/month. That is a gross rental yield of about 3.19%, with recorded prices up 14.81% over the past year. These are medians of deals reported to the Tax Authority (recorded, not asking, prices) - the full breakdown by size and year is below.

Show prices inlive exchange rate
Sale price
₪1,540,000
standard 4-room · recorded median
Monthly rent
₪4,100/mo
standard 4-room · recorded median
Gross rental yield
3.19%
annual rent ÷ price
1-year price change
▲ +14.81%
year on year
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Price & rent trend

₪986k₪1.2M₪1.5M2020: ₪1M2021: ₪1.1M2022: ₪1.1M2023: ₪1.2M2024: ₪1.4M2025: ₪1.4M202020212022202320242025
Median sale price by year (all sizes)
₪3k₪3k₪4k2020: ₪3k2021: ₪3k2022: ₪3k2023: ₪4k2024: ₪3k2025: ₪3k202020212022202320242025
Median monthly rent by year (all sizes)
View the data
YearMedian saleMedian rentGross yield
2025₪1,440,000₪3,400/mo2.83%
2024₪1,400,000₪3,500/mo3%
2023₪1,190,000₪3,600/mo3.58%
2022₪1,110,000₪3,200/mo3.51%
2021₪1,080,000₪2,900/mo3.18%
2020₪1,020,000₪2,800/mo3.33%

By apartment size

SizeMedian saleMedian rentGross yield
3 rooms₪1,140,000₪3,300/mo3.47%
4 rooms₪1,540,000₪4,100/mo3.19%
5 rooms₪2,230,000₪6,100/mo3.28%
All sizes₪1,440,000₪3,400/mo2.81%

Neighborhoods in Karmiel

20 neighborhoods - recorded medians where deals exist, local-market estimates (marked "est.") where they are thin.

Givat Makush
₪2,980,000
Rent ₪6,600/mo · Yield 2.64%
Ma'aravit
₪2,520,000
Rent ₪6,300/mo · Yield 2.98%
Ramat Rabin West
₪1,890,000
Rent ₪4,300/mo · Yield 2.75%
Ramat Rabin
₪1,730,000
Rent ₪4,900/mo · Yield 3.38%
Parsa
₪1,660,000
Rent ₪3,500/mo · Yield 2.55%
Katef
₪1,620,000
Rent ₪3,700/mo · Yield 2.74%
Givat Ram
₪1,600,000
Rent ₪4,200/mo · Yield 3.16%
HaGalil
₪1,620,000
Rent ₪4,800/mo · Yield 3.55%
Arbel-Yehiam
₪1,150,000
Rent ₪3,400/mo · Yield 3.57%
Eshkol
₪1,190,000
Rent ₪4,200/mo · Yield 4.3%
Tene
₪930,000
Rent ₪3,200/mo · Yield 4.21%
Megadim
₪960,000
Rent ₪3,400/mo · Yield 4.26%
HaMeyasdim
₪860,000
Rent ₪3,000/mo · Yield 4.14%
Ramya
₪1,540,000 est.
Rent ₪4,100/mo est. · Yield 3.19%
Dance Festival Quarter (Kiryat Festival HaMachol)
₪1,540,000 est.
Rent ₪4,100/mo est. · Yield 3.19%
Har Karmi
₪2,620,000 est.
Rent ₪7,000/mo · Yield 3.19%
Sagi
₪1,540,000 est.
Rent ₪4,100/mo est. · Yield 3.19%
Hadar
₪1,540,000 est.
Rent ₪4,100/mo est. · Yield 3.19%
HaIrusim
₪1,590,000 est.
Rent ₪4,200/mo · Yield 3.19%
Industrial Zone
₪1,540,000 est.
Rent ₪4,100/mo est. · Yield 3.19%

Schools, transport & amenities

Official registry counts for the whole city - the day-to-day things renters, buyers and investors weigh.

Schools
20
primary / middle / high
Kindergartens
85
early years
Bus stops
225
public transport
Health clinics
183
Clalit, Meuhedet, Maccabi, Leumit
Pharmacies
24
pharmacies
Sports & leisure
27
gyms, pitches, pools
Mikvaot
5
ritual baths
Bank branches
9
retail banking

Karmiel has 20 schools (primary/middle/high), 85 kindergartens, 225 bus stops, 183 health clinics (Clalit, Meuhedet, Maccabi, Leumit), 24 pharmacies and 27 sports facilities in Karmiel. Sources: Ministry of Education, Ministry of Health and Ministry of Transport registries (via GovMap and data.gov.il), our analysis.

Compare nearby cities

Prices, rents and yields for other cities in the same district.

NahariyaAkkoMa'alot-TarshihaGesher HaziwEn Ya'aqovHosen

Semerenko Group estimates - our own analysis of public Israel Tax Authority transaction records, averaged per year and rounded; rental yield computed by us; amenities from GovMap (Survey of Israel). Independent analysis, not official figures or a valuation. Updated 2026-06-26.

What types of homes are available in Karmiel?

Karmiel offers a wide variety of housing options. Buyers can find affordable 2-3 room apartments starting around ₪550,000, mid-sized family homes in the ₪900,000-1.6M range, and spacious duplexes or penthouses priced over ₪2M. Many new developments focus on energy efficiency, modern amenities, and easy access to schools, shopping, and transportation.

Which neighborhoods are best for families, professionals, or investors?

  • Families: Ramat Navon and Ramat Rabin are popular for their spacious homes, community vibe, and green surroundings.

  • Young professionals & first-time buyers: Older neighborhoods with smaller apartments provide affordable entry points into the market.

  • Luxury buyers & investors: Premium developments in areas like the Hagalil neighborhood offer duplexes and penthouses with long-term appreciation potential.

How is transportation and commuting?

Karmiel is well-connected. The Karmiel train station, opened in 2017, links directly to Acre, Haifa, and beyond, making daily commuting realistic. The central bus terminal and major road connections provide further access to the Galilee and coastal cities.

What about lifestyle and amenities?

Karmiel is famous for its parks, cultural institutions, and family-friendly environment. Residents enjoy two large malls, neighborhood shopping centers, restaurants, and cultural landmarks like the Holocaust Memorial Park and Quarries Park. The city also hosts the internationally acclaimed Karmiel Dance Festival, a highlight of Israel’s cultural calendar.

Is Karmiel a good place to invest?

Yes. Karmiel’s balanced real estate market, steady demand from families and students at Braude College of Engineering, and continuous urban development make it appealing for investors. Rental demand for modern apartments remains strong, and infrastructure upgrades, including a new biotech R&D hub, are expected to boost long-term growth.

What makes Karmiel unique compared to other northern cities?

Unlike older urban centers, Karmiel was planned from the ground up with green space, clean industry, and community design at its core. It maintains a safer, quieter lifestyle while still offering cultural richness and economic opportunity. Its large immigrant population (40% of residents) creates a welcoming environment for newcomers seeking integration and opportunity.

Karmiel Property Prices, Rent & Rental Yield Updates

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North45
AfulaAhihudAkkoAmirimBar YohayBeit She'anBen AmmiBustan HagalilEn Ya'aqovGesher HaziwGivat AvniHad-nesHaifaHatzor HaGlilitHosenKarmielKatzrinKefar HananyaKefar KishKefar YehezqelKefar YehoshuaKiryat AtaKiryat BialikKiryat MotzkinKiryat ShmonaKiryat Tiv'onKiryat YamMa'alot-TarshihaMe'onaMigdal HaEmekMikhmannimMishmar HayardenNahariyaNesherNof HaGalilPoriyya IllitPoriyya-newe OvedRosh PinnaSafedTel AdashimTiberiasTimratTirat CarmelYokne'am IllitYoqne'am(moshava)
Center90
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South24
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Jerusalem & Judea-Samaria44
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