Apartments for Rent in Levinsky (Tel Aviv)
Apartments for Rent in Levinsky (Tel Aviv)
"apartment for rent in levinsky tel aviv" is one of the most common searches we receive from clients abroad, and the honest answer is that the right choice depends on the street, the building and your plans. Here is the local picture.
Official market data — Tel Aviv (Israel CBS, 2026)
Average apartment price in Tel Aviv: ₪4,450,000 (change vs. H1 2025: +6.6%)
National average: ₪2,392,000 in H1 2026 (+3.9% vs. H1 2025); the CBS housing price index for February–March 2026 was down 1.2% year on year
Average monthly rent in Tel Aviv: ₪7,351 (CBS, Q1 2026)
Purchase tax for a foreign resident or investor: 8% up to ₪6,055,070 and 10% above; bank financing for non-residents is capped at 50% of the property value (up to 75% for an Israeli resident buying a single home)
Source: Israel Central Bureau of Statistics — average apartment prices for the first half of 2026 (published 15 September 2026), the housing price index (published 15 May 2026) and the Q1 2026 rent survey. These are city-wide averages; the actual price depends on the neighborhood, size, floor and condition. Before any decision we show you real transactions recorded with the Israel Tax Authority in the area you are considering.
Below you will find how renting apartments in Levinsky actually works – lease conventions, what landlords ask for, which areas suit which tenants, and how to secure a good apartment without being in the country.
Levinsky at a glance
The Levinsky quarter is the spice-market district of south Tel Aviv, between Florentin and the central bus station, where cafés and delis line Levinsky Street and older buildings offer some of the most affordable rentals in the city.
Getting around:Red Line light rail nearby.
Renting apartments in Levinsky
Renting in Israel is fast and informal compared with most Western markets: good apartments in Levinsky are let within days, viewings are brief and decisions are expected on the spot. The lease itself is usually a twelve-month contract with an option year; the tenant covers arnona, building fees and utilities; and landlords ask for cheques, a bank guarantee or guarantors as security.
How we secure a rental for a client who is abroad:
Brief – budget, move-in date, size in rooms and square metres, furnished or not, parking, elevator, safe room, pets, and any community or school requirements.
Search – we combine agency listings, private listings and our own network in Levinsky, then pre-screen every candidate in person.
Video viewing – you see the apartment, the building and the street before deciding.
Lease review – we read the Hebrew contract with you, negotiate the option year, security and maintenance clauses, and arrange a translation.
Move-in – meter readings, inventory, keys, and set-up of arnona, electricity, water and internet in your name.
Streets and landmarks to know in Levinsky
Before you compare individual listings, decide which part of Levinsky suits you. The main areas are:
Levinsky Street –the spice market
The Florentin edge –bars and lofts
The central bus station area –older buildings in renewal
Housing stock and who rents in Levinsky
What you will find on the market: older small apartments and new boutique projects.
Who you will be competing with: young renters and investors.
Affordable small units.
Lease terms and costs you will see in Levinsky
Term –twelve months is standard; an option year at a pre-agreed rent is common and worth negotiating
Security –post-dated cheques, a bank guarantee or a promissory note, sometimes with guarantors; overseas tenants can often substitute a larger deposit
Running costs –arnona (municipal tax) set by the city and the property's zone and size, va'ad bayit (building fees, higher in towers with elevators, pools or a doorman), electricity, water and gas
Agent fee –customarily about one month's rent plus VAT if an agent found the apartment for you
Repairs –the lease should say who fixes the air conditioning, water heater and appliances – in Israel this is often the tenant for minor items
How Kobi Elkayam Real Estate helps
Kobi Elkayam Real Estate Ltd is part of the Elkayam Group, a Tel Aviv family business whose roots go back to 1945 and is now in its third generation. The group is active as a developer – in urban renewal, combination deals and complex transactions – and as a brokerage for international clients, working in English, French and Hebrew from its offices at 37 Rival Street, Tel Aviv.
Rental search in Levinsky –agency, private and off-market listings pre-screened in person
Video viewings –so you can decide from abroad
Lease negotiation and translation –option year, security, maintenance and notice clauses
Move-in and set-up –utilities, arnona, internet and furniture where needed
Buy-later planning –if the rental is your first step towards buying, we plan the purchase in parallel
Can a foreigner rent apartments in Levinsky?
Yes. There is no residency requirement to rent in Israel. Landlords will want identification, proof of income or savings and security – cheques, a bank guarantee or guarantors – and an overseas tenant can usually offer a larger deposit or a foreign guarantor instead. Signing can be done remotely with a power of attorney or in person.
How much deposit or security do landlords in Levinsky ask for?
Conventions vary by landlord rather than by law. Common arrangements are post-dated cheques for the year, a bank guarantee equal to a few months' rent, a promissory note with Israeli guarantors, or a cash deposit. Overseas tenants without Israeli guarantors usually negotiate a larger deposit instead.
Are apartments in Levinsky rented furnished?
Most long-term rentals in Israel come unfurnished but with kitchen cabinets, a water heater and usually air conditioning; furnished units are a minority and often belong to owners abroad. Affordable small units.
What extra costs come with a rental in Israel?
On top of rent the tenant pays arnona (municipal tax), va'ad bayit (building maintenance), electricity, water, gas and internet. Arnona depends on the city, the zone and the size of the apartment; building fees are higher in towers with elevators, pools or a doorman. If an agent found the apartment, the customary fee is about one month's rent plus VAT.
Related guides
Talk to us about a rental in Levinsky.Call +972-53-658-4252, write to support@kobielkayamrealestateltd.com, orleave your detailsand a member of the team will get back to you in English, French or Hebrew.