Most expensive areas in Tel Aviv

Tel Aviv is one of the oldest and most treasured cities in all of Israel. It’s filled with history, art, and culture, and most visitors are enchanted by its charms. If you have ever been there you likely know that below the rustic and hectic forefront, it’s a very expensive city. There is a lot of wealth in Tel Aviv and we have the richest areas in the city, compiled in this list:


In the southern part of the city, you will find this amazing neighborhood. Florentin used to be a working-class area, but in the past decades, it has been gentrified and filled with young people, hipsters, cafes, and bars. If you are a fan of the bohemian lifestyle, you will enjoy this part of Tel Aviv a lot. Many artists live here and the district is filled with much great graffiti, and cute little shops and restaurants. If you are a fan of hip, youth culture, definitely check this district out.

Neve Tzedek

Right next to Florentin you will find the Neve Tzedek district. Many find it unassuming and old school, but that is precisely what has been driving tourists to this area. It has a village charm and lower story buildings. Again, it used to be a poorer area, less popular with younger people and businesses, but its location and relatively low prices has to lead to gentrification. While this isn’t a very picturesque neighborhood, it certainly has its charms and the location is pretty good.

Lev Ha’ir

Lev Ha’ir is the city center of Tel Aviv and also its cultural and economic one. While it’s densely populated and crowded, many people want to live here and the prices reflect that. Here you will find some of the most trendy bars and restaurants in Tel Aviv, with plenty of places to sit outdoors and have lunch or dinner. As you can imagine, eating out or having a drink here will set you back a lot of money, but that’s to be expected from the nicer areas of an expensive city.


Jaffa, or Yafo, is an ancient port town that is now a part of Tel Aviv. Walking around here is truly remarkable, as it takes you back centuries and across different cultures and civilizations. Nowadays, it is a popular tourist destination and a must-see for every visitor to the city. However, it is worth pointing out that Jaffa still has its charms and is in no way overrun or turned into Disneyland by its many tourists.

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