Properties for Rent in Eilat

Eilat offers an atypical rental market in Israel: tourist city 350 km from Tel Aviv, on the Red Sea, with a dry and mild climate in winter. Rents combine two distinct markets: long-term rental for tourism and aquaculture employees, and seasonal tourist rental which can reach very high prices during peak tourist season (European winter, Jewish holidays).

Rental rules follow Israeli standards, with specificities: short-term leases (3-6 months) are more frequent than elsewhere in Israel, and property owners are accustomed to seasonal requests. For a standard annual rental, post-dated checks and standard deposit apply.

The most sought-after neighborhoods for rent

Seafront (North Beach, Coral Beach) — apartments with Red Sea view, very sought after seasonally. Long-term rents 4,500 to 7,500 ₪/month for a 3-room, seasonal 250-500 €/night.

Shahamon — new residential neighborhood, recent deliveries. Rents 4,000 to 6,500 ₪/month for local families.

Mitzpe Yam — residential area on the heights with views. Mix of families and investors. Rents 4,200 to 7,000 ₪/month.

Downtown and Arava — shopping areas, hospitality, accessible apartments for tourism employees.

The rental market in Eilat

For a 3-room apartment for long-term rental in Eilat, expect 4,000 to 6,500 ₪/month. A 4-room apartment rents from 5,500 to 8,500 ₪/month. Seasonality is very pronounced: European winter and Jewish holidays (Passover, Sukkot) see seasonal prices double or triple. This creates investment opportunities but complicates long-term rentals during these periods.

Eilat is isolated — no train station, 5h by bus from Tel Aviv, 2h by plane. For all rental rules, consult our complete guide to rental lease in Israel.