T
he summer of 2024 is seeing a surge in demand for rentals in Israel, particularly in cities like Modi'in, Jerusalem, Beersheba, Ashkelon, Netanya, Haifa, Tel Aviv, Hadera, Ramat Hasharon, and Givatayim. This increase is largely due to the ongoing conflict in the country, which has led to a rise in demand for safer and more secure housing options. The cities of Modi'in and Jerusalem have seen a significant increase in demand, with Modi'in experiencing a surge of almost 400% and Jerusalem experiencing a surge of approximately 180%. Beersheba and Ashkelon have also seen a surprising surge of almost 130%, while Netanya has seen an increase of about 63%. Haifa has seen an increase of about 46%, Tel Aviv has seen an increase of 42%, Hadera has seen an increase of about 21%, Ramat Hasharon has seen an increase of about 7%, and Givatayim has seen a decrease of approximately 24%. The rental market in these cities is being influenced by various factors such as the war, economic conditions, and entrepreneurial influences, which are causing changes in the types of renters and their needs.