Short-Term and Vacation Rentals in Neve Tzedek (Tel Aviv)
Short-Term and Vacation Rentals in Neve Tzedek (Tel Aviv)
"neve tzedek vacation rentals" 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 Neve Tzedek 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.
Neve Tzedek at a glance
Neve Tzedek is Tel Aviv's first neighbourhood, founded in 1887 outside Jaffa and restored into a village of low-rise houses, boutiques and cafés on Shabazi Street, with the Suzanne Dellal dance centre at its heart and the beach a few minutes' walk away.
It is one of the most expensive addresses in Israel, with a large share of international owners.
Getting around:Walking distance to the beach, Rothschild and the Red Line at Allenby.
Short-term and holiday rentals in Neve Tzedek
Short-term rentals in Neve Tzedek are priced by the night or the week and follow the Jewish calendar as much as the seasons: Passover, the summer school holidays and the High Holidays and Sukkot are peak periods when furnished apartments book out months ahead. Between those peaks – late autumn, winter outside Hanukkah, and the weeks after Passover – availability is far better and monthly rates are negotiable.
Most holiday apartments here are privately owned, often by families abroad who use them a few weeks a year and let them the rest of the time. Expect a fully furnished unit with linen, kitchen equipment, air conditioning and Wi-Fi; check whether a kosher kitchen, Shabbat elevator, parking and a safe room are provided if they matter to you.
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 Neve Tzedek, 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 Neve Tzedek
Location within Neve Tzedek matters more than almost any other factor. These are the areas our clients ask about most:
Shabazi Street –the boutique and café spine
The Suzanne Dellal quarter –restored houses and courtyards
The Rothschild edge –boutique buildings and the Meier on Rothschild tower
The beach edge –streets leading to Charles Clore park
Housing stock and who rents in Neve Tzedek
What you will find on the market: restored one- and two-storey houses, boutique buildings and a few luxury towers.
Who you will be competing with: international buyers from France, the United States and the United Kingdom, design-minded Israelis and investors.
Furnished holiday and executive rentals are common.
Lease terms and costs you will see in Neve Tzedek
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 Neve Tzedek –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 Neve Tzedek?
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 Neve Tzedek 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 Neve Tzedek rented furnished?
Holiday and short-term apartments are always furnished and equipped.
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.
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Talk to us about a rental in Neve Tzedek.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.