Rechavia has long been one of Jerusalem’s most desirable neighborhoods, known for its charm, central location, and prestigious atmosphere. This high demand directly impacts the rental market, especially for the coveted two-room (one-bedroom) apartment, a popular choice for singles, couples, and students. Understanding the current price structure is key to navigating this competitive landscape.
Market Analysis of a Two-Room Flat
A “two-room” apartment in Israeli real estate terminology refers to a one-bedroom unit with a separate living room. In a prime neighborhood like Rechavia, the price for such a unit is influenced by several key factors.
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Condition of the Apartment: This is the biggest variable. A newly renovated, modern two-room apartment with an updated kitchen and bathroom will be at the top end of the price range. An older, unrenovated unit in a walk-up building will be significantly cheaper.
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Building Amenities: The presence of an elevator, private parking, or a small balcony can add hundreds of shekels to the monthly rent.
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Specific Location: Prices can vary even within Rechavia. An apartment on a quiet side street like Radak might be priced differently than one on the busier Keren Kayemet L’Yisrael Street.
Current Price Range
As of late 2025, the data indicates the following price spectrum for a standard two-room apartment in Rechavia:
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Low End (Unrenovated, walk-up): 4,500 – 5,200 NIS per month.
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Mid-Range (Partially updated, good condition): 5,300 – 6,000 NIS per month.
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High End (Fully renovated, modern, elevator/amenities): 6,100 – 7,500+ NIS per month.
These prices generally do not include utilities or “va’ad bayit” (building maintenance fees), which can add another 200-400 NIS per month. The market is tight, and well-priced, attractive apartments are often rented within days of being listed, frequently through word-of-mouth before they are even advertised publicly.
Too Long; Didn’t Read
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The rental price for a two-room (one-bedroom) apartment in Rechavia is highly variable.
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Key factors influencing price are the apartment’s condition (renovated vs. unrenovated), building amenities, and exact location.
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As of late 2025, expect to pay between 4,500 NIS for a basic unit and 7,500+ NIS for a high-end, renovated apartment.
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The market is very competitive, with high-quality listings renting out extremely quickly.
