A 3-year field study was conducted in central Greece to determine the productivity of two stevia [(Stevia rebaudiana (Bertoni) Bertoni] varieties ('Morita' and 'Candystevia') under normal and reduced irrigation (100% and 75% of the evapotranspiration) and fertilization [1:0.8:1.1 or 1:0.4:0.8 N:P:K ratio in the first year and only N fertilization (100% or 74% of the recommended rate) in the second and third years] inputs. Averaged across years, stevia cv. Morita achieved greater dry leaf yield (3.48 t ha −1 ) than the cv. Candy-stevia (2.85 t ha −1 ). Irrigation and fertilization inputs did not significantly affect stevia cv. Morita dry leaf and steviol glycosides (stevioside plus rebaudioside-A) yields; however, decreasing irrigation and fertilization caused slight reduction of cv. Candy-stevia yields. In cv. Morita leaves, the concentrations of stevioside and rebaudioside-A ranged from 5.97% to 7.78% and 3.73% to 4.79%, respectively, while the corresponding concentrations in cv. Candy-stevia leaves were 8.21-9.36% and 3.89-6.33%. Conclusively, both stevia varieties could achieve satisfactory dry leaf biomass and steviol glycosides yield, even when grown under reduced irrigation (at 75% of evapotranspiration) and reduced N fertilization (74% of the recommended rate). Thus, stevia could represent an alternative crop to tobacco in the Mediterranean conditions.