Properties for Rent in Ofakim
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Ofakim (33,000 inhabitants) is a Negev city 25 km west of Beer Sheva, undergoing urban transformation with sustained demographic growth since 2015. The rental market offers the lowest rents in the country: new apartments for less than 3,500 ₪/month, highly sought after by young couples, religious families and investors seeking returns.
The lease follows standard Israeli rules. The supply is largely dominated by new or almost new projects in the southern and eastern extensions, delivered since 2018. The local community is mainly religious Sephardic, with a dynamic associative fabric.
The most sought-after neighborhoods for renting
Neve Aharon and Mitzpe Ofakim — recent extensions with new towers. Rents 2,800 to 4,200 ₪/month for a 4-room apartment.
City center — proximity to shops and synagogues, classic buildings and Tama 38. Rents 2,200 to 3,500 ₪/month.
Northern neighborhoods — older family areas, gradual renovations. Rents 2,000 to 3,200 ₪/month.
The rental market in Ofakim
For a 3-room apartment in Ofakim, expect 1,800 to 2,800 ₪/month. A 4-room apartment rents for between 2,500 and 4,200 ₪/month. Among the lowest rents in Israel. The city benefits from a railway station (Beer Sheva-Ofakim-Ashkelon line, 20 min to Beer Sheva) and Route 25. Rental yield for landlords: 5 to 6%, one of the best in the country.
For rental lease in Israel, see our complete guide.