According to a Bizportal article from 3.8.2026, the average rent in Eilat is about ₪4,300 per month, and in the table of asking prices for the 2026 market estimate, it ranges from about ₪3,000 for a 1–2 room apartment to about ₪9,300 for a 5-room apartment or more. These are general market prices and not data for a specific property. The information is general and not investment, tax, or legal advice.
How Much Does Rent Cost in Eilat by Number of Rooms?
Table: Asking Rent per Month, 2026 Market Estimate (Bizportal, checked 27.10.2026)
| Apartment Size | Asking Rent per Month |
|---|---|
| Average all apartments | ₪4,900 |
| 1–2 rooms | ₪3,000 |
| 3 rooms | ₪4,700 |
| 4 rooms | ₪6,500 |
| 5 rooms and up | ₪9,300 |
The table indicates a 3.5% increase compared to the previous year but does not specify an update date. These are asking prices, meaning advertised prices.
What Does Another Article Say About Rent?
A Bizportal article from 3.8.2026 states an average rent of about ₪4,300 per month. According to the article, as of March, a new 3-room apartment with a view could reach about ₪5,000 per month, compared to about ₪3,500 in older neighborhoods. The article does not specify the data source for the rent, so the numbers here serve as an estimate and not official data. The discrepancy between 4,300 and 4,900 in the previous table shows that different sources also yield different results.
What Does This Mean for Annual Income?
The article calculates a gross yield of about 3% per year based on a rent of about ₪4,300 per month and an average apartment price of about ₪1.75 million. This is the article's calculation, not a promise or forecast.
- Gross is not net. Income before arnona (municipal tax), building management fees, maintenance, income tax on rent, and periods without a tenant.
- Asking price is not contract price. It's advisable to check similar listings in the same neighborhood in the same month.
- Property condition. According to the article, the difference between a new apartment with a view and an apartment in an older neighborhood is about ₪1,500 per month (about ₪5,000 versus about ₪3,500).
Should You Rent for Vacations Instead of Long-Term?
With vacation rentals, the income is not fixed. It depends on the nightly rate and occupancy rate, and there are costs not present in long-term rentals, such as cleaning between guests and management. Therefore, it's impossible to compare two numbers without entering the property data. In the calculator on the Income-Generating Properties in Eilat page, you can enter the purchase price, nightly rate, and occupancy to see what occupancy is needed for a target yield. You can also leave your details on the page, and a licensed Livo agent will contact you to find a suitable property.
Before any transaction, consult with a lawyer and an accountant, and check the building's bylaws and local authority regulations regarding short-term rentals.
For those also researching the neighborhood itself, see Eilat Neighborhoods and Where to Live in Eilat.
The information on this page is general, based on public publications cited, and is not investment, tax, or legal advice. Livo does not guarantee any yield. Before any transaction, it is recommended to consult with a lawyer and an accountant.
FAQ
How much does rent cost in Eilat?
A Bizportal article from 3.8.2026 states an average rent of about ₪4,300 per month. Asking prices by rooms, from Bizportal's 2026 market estimate table, are about ₪3,000 for a 1–2 room apartment, about ₪4,700 for 3 rooms, about ₪6,500 for 4 rooms, and about ₪9,300 for 5 rooms and up.
Is the asking price what tenants actually pay?
Not necessarily. The asking price is the advertised price, and the contract is sometimes finalized at a different price. The table also does not specify an exact update date.
How much gross annual income from a long-term rental apartment?
The same article calculates a gross yield of about 3% per year, based on an average apartment price of about ₪1.75 million and a rent of about ₪4,300 per month. This is gross income, before taxes, arnona, maintenance, and periods without a tenant.
Do vacation rentals earn more than long-term rentals?
It's impossible to determine without property data. With vacation rentals, income depends on the nightly rate and occupancy, and there are also cleaning and management costs. You can enter your own numbers in the calculator on the Income-Generating Properties in Eilat page.
Is the article investment advice?
No. The information is general, based on public publications, and is not investment, tax, or legal advice.
עודכן לאחרונה: 27 October 2026