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Neve Chen · Tel Aviv-Yafo

Neve Chen home prices

The average home in Neve Chen, Tel Aviv-Yafo sold for ₪3.45M over the last 12 months, 2% below the Tel Aviv-Yafo average. Average rent: ₪5,700 a month (Tel Aviv-Yafo: ₪8,000). It ranks 24 of 40 neighbourhoods in Tel Aviv-Yafo by price.

Average home
₪3.5M
2% below the city average
Rent
₪5,700
a month, average
Price rank in the city
24 of 40
1 = most expensive
Rental yield
2%
a year, gross
Tel Aviv-Yafo neighbourhoods by average home price

How much does a home cost in Neve Chen?

Real estate · to Q2 26

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Average home price
₪3.5Mover the last 12 months
▲ 15% a year2% below the Tel Aviv-Yafo average

70% above the national average

3 rooms
₪2.1M
▼ 29.8%
4 rooms
₪3.5M
▲ 17.8%
5+ rooms
—
Average rent
₪5,700a month
▲ 1.8% a year29% below the Tel Aviv-Yafo average

14% above the national average

3 rooms
₪5,450
▲ 0.9%
4 rooms
₪6,800
▲ 8.8%
5+ rooms
₪7,450

Average home price by quarter

Neve ChenTel Aviv-YafoIsrael
₪3.5M20212022202320242025
Rent by quarter too

Average rent by quarter

Neve ChenTel Aviv-YafoIsrael
₪5,6002022202320242025

Source: Israel Tax Authority, Nadlan. Averages of reported sales; quarters with few sales have no neighbourhood average, and the line skips them.

Building plans in and around Neve Chen

397 housing units in approved plans

Planning

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397 housing units in approved plans, in plans whose centre is closer to Neve Chen than to any other neighbourhood.

  • 296units
    Detailed plan 507-0595439ApprovedUrban renewal

    תא/מק/3962 שדרות ששת-הימים (חוות יפת)

    27.2 dunams · approved 30 Sep 2024

  • 101units
    Detailed plan 507-0866186ApprovedUrban renewal

    תא/מק/4970 - מעפילי אגוז 60-64 נווה חן, כפר שלם

    8.2 dunams · approved 22 Nov 2021

Source: Planning Administration, online plans. The unit count is the net addition the plan sets. Links lead to the Mavat planning information site (in Hebrew).

Urban renewal (pinui binui) in Neve Chen

1 urban renewal compound

Urban renewal

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CompoundHomes todayAfter the projectStatus
מעפילי אגוז56157×2.8Plan approved, not yet startedplan

Source: Government Authority for Urban Renewal, declared compounds. Compounds are matched to a neighbourhood by plan location or street name.

Streets in Neve Chen

ד, ההגנה, הטייסים, יהויכין סטוצ'בסקי and 11 more

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  • ד
  • ההגנה
  • הטייסים
  • יהויכין סטוצ'בסקי
  • יוסף וולקר
  • מוצא
  • מח"ל
  • מעפילי אגוז
  • סנפיר
  • עזרא קורין
  • רח' 4155
  • רח' 4223
  • רח' לא כפר שלם
  • רפאל אליעז
  • ששת הימים

Streets assigned to the neighbourhood in Nadlan, shown in Hebrew as on street signs.

Tel Aviv-Yafo price map

Every neighbourhood on the map, coloured by home price

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Home price
cheaperpricier
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FAQ

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What is the average apartment price in Neve Chen, Tel Aviv-Yafo?

₪3.45M, based on sales reported to the Israel Tax Authority over the last 12 months: 3 rooms ₪2.11M, 4 rooms ₪3.49M. The average across Tel Aviv-Yafo is ₪3.53M.

How much does it cost to rent in Neve Chen, Tel Aviv-Yafo?

Average rent is ₪5,700 a month (3 rooms ₪5,450, 4 rooms ₪6,800, 5+ rooms ₪7,450).

Are home prices in Neve Chen, Tel Aviv-Yafo going up?

The average price rose 15.03% from the previous 12 months.

What is the rental yield in Neve Chen, Tel Aviv-Yafo?

About 2% a year (annual rent divided by the price), based on Nadlan data.

Is there urban renewal (pinui binui) in Neve Chen, Tel Aviv-Yafo?

Yes. One urban renewal compound has been declared in and around the neighbourhood, replacing 56 apartments with 157.

How many new homes are planned in Neve Chen, Tel Aviv-Yafo?

Plans centred in and around the neighbourhood add 397 housing units in approved plans, according to the Planning Administration.

Data sources

Updated 1 Nov 2026. Prices are averages of sales reported to the Israel Tax Authority, not valuations.