Neve Tzedek is one of our most beloved and enchanting neighborhoods—a living testament to Tel Aviv’s historical, artistic, and cultural heritage. In this beautiful neighborhood in the heart of the city, tradition blends with modernity to create a truly magical atmosphere. Without a doubt, this is THE neighborhood to live in!

Founded in the late 19th century as a Jewish suburb of Jaffa, Neve Tzedek is considered the first official Jewish neighborhood of Tel Aviv. In the 1990s, development processes began that transformed it from an impoverished area into one of the most sought-after locations in Israel, becoming home to intellectuals and the country’s upper class.

Most houses in Neve Tzedek were originally built with simplicity and modesty using local kurkar stone. However, some were constructed with great grandeur for the neighborhood’s dignitaries. The homes were built close to one another, a style that saved land and costs while contributing to the settlers’ sense of security. Over the years, the neighborhood evolved, seeing the establishment of workshops, factories, and cultural and educational institutions.

In recent years, the Tel Aviv Municipality has been promoting several large-scale construction plans aimed at preserving the unique architectural character and charm that define the area. At Home Market, we are proud to be part of this real estate gem.

Where is it?

Neve Tzedek is situated in the heart of the city and is very close to the sea, making it exceptionally attractive. The neighborhood sits just south of Tel Aviv’s bustling city center, bordered by Rothschild Boulevard on one side and Jaffa on the other. Its cobblestone streets and beautiful alleys provide a sanctuary from the urban hustle, yet remain within walking distance of the city’s main attractions. This prime location offers residents a perfect match of tranquility and urban convenience.

Who is the target audience?

Over the last 20 years, this historic neighborhood has undergone a meteoric development process. Developers continue to build luxury apartments, and after prices surged sharply, the neighborhood now primarily suits affluent businesspeople and professionals.

The neighborhood’s high-end boutiques, prestigious restaurants, and proximity to the beach attract an established crowd with refined taste. Neve Tzedek also draws families seeking a sophisticated yet calm atmosphere, finding it an ideal place to call home.

What’s in the area?

Neve Tzedek is surrounded by a variety of attractions. It has everything, so you’ll never want to leave! This unique neighborhood is a thriving cultural hub, boasting an impressive selection of art galleries showcasing local and international talent, designer boutiques, charming restaurants, and cafes perfect for a relaxed afternoon. Its proximity to the sea provides residents with easy access to sun-drenched beaches and the vibrant Tel Aviv-Jaffa promenade.

In Neve Tzedek, you will also find the Suzanne Dellal Centre, a cultural landmark that serves as the home for dance and theater, including the Batsheva Ensemble and the Inbal Dance Company. Every day, the center hosts festivals, art exhibitions, music performances, and dance shows.

What does Home Market love most about this area?

Neve Tzedek holds a special place in our hearts for many reasons: the fusion of historical architecture and modern residential towers provides a wide range of real estate options catering to different tastes and preferences.

The serene community life, the vibrant cultural scene, and the high-end lifestyle go hand-in-hand with the unique and inspiring properties we offer. We are passionate about Neve Tzedek’s singular charm and the extraordinary real estate opportunities it presents, providing solutions for anyone seeking a blend of sophistication and luxury.

Our Clients

In recent years, Neve Tzedek has become one of the most expensive neighborhoods in Israel. According to Madlan data, the average purchase price for an apartment is 6.2 million NIS, while rent for a 2-room apartment is approximately 15,000 NIS.

And demand is only rising! In the past year, Home Market has closed 16 deals, with an average price per sqm of 67,411 NIS.

The Rav Kook complex was recently sold for 200 million NIS and is heading to market. The project will feature five buildings and include 15 apartments. The price tag? Likely starting from 30 million NIS per apartment.

Want an apartment in the Rav Kook complex too? Click here