average house rent in tokyo

If you are looking to lower your cost of living, bargains are more likely to be found in the northern wards, including Adachi, Arakawa, Edogawa, Itabashi, Kita, Nerima, and Suginami. They are also the most expensive places to live in Tokyo. Find Houses for sale in Tokyo. Move-in costs for Japanese apartments are also much higher than in most countries, averaging between 5.5 and 7 months of rent. If you choose a reliable train line and a biggish station, there’s not much difference in lifestyle. The average rent for a 15-sqm to 20-sqm studio apartment located at a fairly central station in the Tokyo 23 wards is between ¥70,000 and ¥100,000 a month, depending on the age of the property… Here is a list of the average rent in Tokyo. What’s the methodology behind the map? Shared Houses. Search for real estate and find the latest listings of Tokyo Houses for sale. Roughly speaking, the Yamanote line stations with the highest rents are those between Shinjuku (in the west) – down along the southern half that wraps around the most expensive wards – and Ueno (in the east). Tokyo Apartments and luxury homes for rent. 1DK, and in fifth place for a studio apartment, at ¥105,400. Just like any other city, if you want to live in the center of it all, you have to pay a premium. These apartments in Tokyo's northern Adachi Ward offer good value for those who want to live in the metropolis but not in a small, old building! In fourth place, though it is not considered to be in the center, Meguro Ward pops in. There are many factors that affect average rent. 東新橋1丁目10-2. By GaijinPot Blog By Liam Carrigan Dec 17, 2020 ft. - 180.58 m 2. Prices drop once apartments get more than 10 minutes away from a station. The average rent in Japan varies by city, but the overall national average falls somewhere between 50 to 70,000 JPY (470–650 USD). Apartment layouts in Japan are described by the number of rooms + the living/dining/kitchen area, if any. Get the latest properties and articles in your Inbox. According to the Savills research, even rents in humble Katsushika grew in the first quarter–by almost 10.0 percent on quarter! Ministry of Internal Affairs and Communications conducts surveys about monthly house rent every 5 years. Ending the ranking – and making them the cheapest places to live in Tokyo by ward – are the most outer-lying wards of Edogawa, Katsushika, and Adachi. For studio apartments, the median in this range is ¥97,300 a month, in Shinjuku Ward. Living further away from a train station will also save you money. For larger apartments, Harajuku leads with ¥271,700 for rent for 1LDK, 2K and 2DK places, and ¥412,650 for 2LDK and three-bedroom apartments. The lowest average monthly 1K rent is ¥68,300 in Edogawa Ward. The cheapest option is Tabata, at ¥77,750 for one-room apartments and ¥112,600 for mid-size rentals. According to REINS, the average rent in Tokyo’s 23 wards for April to June, 2015 was an even 100,000yen (about 887usd) per month. Apartments Tokyo has showing high end property in a central Tokyo, Global real estate firm Savills, citing the continued popularity of central living and a steady national economy, says “rents should continue to rise in the 23W (wards), and perhaps more rapidly in the C5W, where supply is tighter and demand is stronger.”. Distance from nearest station (measured by number of minutes to walk to station), Construction material (wood, reinforced concrete, steel-reinforced concrete, steel frame), Floor number (the higher the floor, the higher the rent. You can get yourself a double … Average rent in the Tokyo 23 Wards varies widely, depending on the location of the apartment and layout, among many other factors. However, if you are commuting to the city center for work or school, the trade off is more time on the train. As an example, the train ride from Kameari in Katsushika Ward to Shimbashi in Minato Ward takes about 40 minutes. First-floor apartments are on average less expensive), Corner unit (corner units have higher average rent than middle units on the same floor), Direction facing (south-facing apartments on average have higher rent), Examples include pre-installed A/C unit, auto lock, on-site building manager, garbage room, whether is a balcony and size of balcony, availability of on-site parking, availability of, Least expensive average monthly rent 1R: Katsushika ==> ¥52,600, Most expensive average monthly rent 1R: Minato ==> ¥127,100, Least expensive average monthly rent 1K / 1DK: Katsushika ==> ¥59,900, Most expensive average monthly rent 1K / 1DK: Minato ==> ¥128,800, Least expensive average monthly rent 1LDK / 2K / 2DK: Katsushika ==> ¥69,700, Most expensive average monthly rent 1LDK / 2K / 2DK : Minato ==> ¥248,000, Average monthly rent 1LDK / 2K / 2DK: ¥120,974, Least expensive average monthly rent 2LDK / 3K / 3DK: Adachi ==> ¥97,500, Most expensive average monthly rent 2LDK / 3K / 3DK : Minato ==> ¥468,600, Average monthly rent 2LDK / 3K / 3DK: ¥181,996, Least expensive average monthly rent 3LDK / 4K / 4DK: Adachi ==> ¥122,300, Most expensive average monthly rent 3LDK / 4K / 4DK : Minato ==> ¥866,200, Average monthly rent 3LDK / 4K / 4DK: ¥266,352, Least expensive average monthly rent 4LDK and above: Sumida ==> ¥159,300, Most expensive average monthly rent 4LDK and above : Minato ==> ¥1,730,000, Average monthly rent 4LDK and above: ¥456,886. The median studio apartment rent here is ¥74,900 and median 1K rent is ¥82,000, both in Kita Ward, which includes Tabata station on the Yamanote line. Chiyoda Ward tops the list with a monthly rent of ¥123,800 for an apartment with one bedroom and a kitchen, labeled a 1K in Japanese real estate terminology. The data is sourced from Lifull Homes–a leading rental site in Japan. In many other cities, however, the one-year agreement is regarded simply as a minimum length of stay, and the rent … Source: National Association of Real Estate Transaction Associations (全国宅地建物取業協会連合会), July 2020. Figure : Average house rent … Analysis of prices for investment in residential properties in Tokyo, Japan. Median prices (excluding kanri fees) have then been computed for each subdivision in Tokyo … It surrounds the center of the city and connects most of its major stations and urban centers. The Tokyo Metropolitan Government estimates the capital’s population will peak at ¥13.98 million in 2025. (More on that later.) ¥800,000 JPY. Frank, with 1,200,000Y per month you would be a very rich person in Tokyo, the average salary here is about 350,000Y. 1,944 sq. Shared houses are easy to come by in the city and are pretty low-cost. Share houses too are an increasingly popular option; with some interesting options like social apartments that offer a luxury living experience for a fraction of the cost. Apartments in Japan can be rented for the long-term (with a standard lease of two years) and short-term. Tokyo Metropolis is the capital and most populous prefecture of Japan. It came in at number 10, with apartments for rent in Tokyo at a monthly average of U.S.$1,903 – that’s around ¥203,730 – for a “typical” two-bedroom apartment. Search listings, contact our agents and get step-by-step assistance moving home in Japan. Tokyo is the most expensive city in which to rent. Rent for a two-bedroom apartment with a kitchen (2K) costs ¥149,400 in Chiyoda Ward but just ¥65,600 in Adachi Ward. What are the move-in costs to rent an apartment in Japan? Search 39,000+ apartments in Tokyo, Osaka, Kyoto and throughout Japan. NEW JAPANESE HOUSE TOUR: https://www.youtube.com/watch?v=s2DyFOMK56U Just a quick tour of my old Tokyo apartment! 10 min read. Consequently, if you want the advantage of living on the Yamanote, without breaking the bank, go north. Keeping in mind that Japanese companies usually reimburse their employees’ transportation costs, that’s a significant discount for taking a longer commute. In Tokyo, a typical rental agreement is for one year. Eric on Jan 25, 2019 : Frank, it says right at the top "A single person monthly costs: 1,100.98$ (120,883.10¥) without rent." A train from Shimbashi to Wako City, which is just over the border in Saitama Prefecture, for example, can take as little as 40 minutes. A one-bedroom apartment with a living room, a dining room, and a kitchen costs ¥293,400 a month in Minato Ward, but just ¥95,700 in Katsushika Ward. Location is everything in real estate, right? Minato Ward tops with an average monthly rent of ¥132,300, Chiyoda Ward is second at ¥130,600, followed by Chuo Ward at ¥124,100 and ¥117,000 in Shibuya Ward. The next set of five wards are predominantly the remaining ones that lie adjacent to the central wards: Sumida, Nakano, Toshima, Setagaya. List of prices in Tokyo (Japan) for food, housing, transportation, going out, and more on Dec 2020. pet-friendly apartments on Real Estate Japan, National Association of Real Estate Transaction Associations, Study Japanese in Tokyo at ARC Tokyo Japanese Language School – 3 Neighborhoods to Commute From. Similarly, Bunkyo Ward, with its reputation for good Japanese schools, ranks 6th for 2K and 5th for 2DK, beating out Meguro Ward, which falls to 8th place in both these categories. Explore Greater Tokyo’s many train lines here. Most of the information appears in English for the first time. Note that rent prices are per month, before utilities and other maintenance costs. Family of four estimated monthly costs: $4,848 (¥501,506) Single person estimated monthly costs: $2,574 (¥266,316) WARNING! Summary of cost of living in Japan. 港区, Tokyo, Japan. In Tokyo, the typical home is a narrow, 3-storey structure with a car space, bedroom and bathroom on the ground floor, … Short term apartments. Rent per month: $390–$650. The third-cheapest station in this category is Nishinippori, in Arakawa Ward, at ¥81,650. According to its 2008 survey, the average of house rent was most expensive in Tokyo. [citation needed] Each year, this agreement is re-negotiated, and the renter pays an additional month's rent as a fee. Shibuya Ward comes in next, at ¥119,100, followed by Minato Ward at ¥117,500, based on figures collated from data on Japanese online real estate companies’ websites. Image: Wikimedia. Before we start you should know that terms for Japanese apartment layouts are different from what you might be used to. For studio apartment rent, the cheapest is in Katsushika Ward, at ¥59,400, which is less than half the price of Minato Ward studio apartments. The central six wards are: Minato, Shibuya, Shinjuku, Bunkyo, Chiyoda, and Chou. Prices in the capital … Its average rent was 3216 yen per 1m2 ($26, €23). However, rents can differ greatly among the metropolis’ various neighborhoods, meaning that you can find a two-bedroom apartment with rent as low as ¥85,100—if you know where to look. This is the first time in 5 months that the average rent has fallen below the 2,600 Yen/sqm line, and is due to both a smaller share of listings in the Tokyo … Even units in the same building can have different rent, depending on some of the main factors below. By Kat Joplin Least expensive average monthly rent 1K / 1DK: Katsushika ==> ¥59,900; Most expensive average monthly rent 1K / 1DK: … The average size of a new house in Tokyo’s 23 wards is around 100sqm (1076 sq.ft). For both of those rankings, stations in the central wards of Minato, Shibuya, and Chiyoda, fill up almost all of the top ten. You can read more about finding an apartment in Japan in our Japan 101: Moving In and Moving Out section. Shinjuku Short Stay Apartment: Rent This Convenient Japanese-Style Apartment in Nishi Shinjuku! Compare the Cost of Living in Tokyo with any other city in the world. Most people will also want to set up home WiFi internet connection, which is another cost to consider. 3 rooms. An influx of families and elderly people to these wards has the Tokyo government predicting the population there will rise beyond 2025, to a collective total of around 635,000 in 2040, up about 40 percent from January 2017. the population [in Chiyoda, Chuo and Minato wards] will rise beyond 2025, to a collective total of around 635,000 in 2040, up about 40% from January 2017. The average … Working some exercise into your daily schedule was part of your plan anyway, right? Meguro ward’s popularity puts it in fourth place also for one-bedroom apartments with a dining room and kitchen, a.k.a. We introduce primary expat areas in Tokyo, the average rental rates per size of unit, and recommended rental … Average price per square meter, rents, apartment price to income ratio, mortgage affordability and other relevant economic indicators improtant to look at when considering to invest in Tokyo… An interview with Sisen Murasaki aka DJ Sisen. Landlords and property owners usually allow tenants to have one small cat or dog and require at least one-month additional deposit for your canine or feline companion. Dec 24, 2020 You could consider living outside the 23 wards. Known worldwide as an expensive city, it is not surprising that Tokyo makes the list of the world’s highest average monthly rents in Deutsche Bank’s 2019 edition of its annual Mapping the World’s Prices report. Within Tokyo’s 23 wards (or local administrative districts) five are considered the center: Chuo Ward, Minato Ward, Chiyoda Ward, Shibuya Ward, and Shinjuku Ward. Average monthly rent 1R: ¥71,583; Ranking by Layout: 1K / 1DK. Since the rent per square meter for Ququri’s apartments is roughly double that of an average apartment in Tokyo, and since so many can be fitted in to a limited plot of land, owners are … As well as Shinjuku Ward, these are all neighbors of the central group: Shinagawa Ward is next to Minato Ward, Koto Ward connects to Chuo Ward and covers much of the bay area, while Bunkyo and Taito Wards border on Chiyoda Ward, as well as each other. Setagaya Ward ranks 14th highest for rent for 1R and 1K places, but for larger apartments, it comes in at 9th or 10th, probably because of its popularity among families for its quiet, safety and many parks. Tokyo Apartments, Tokyo apartment and house rental listings and information especially for expatriates, provided by Ken Corporation Ltd. More than 3,000 listings include luxury house for executives, high … Differences in lifestyle priorities between renters sees Tokyo station (Chiyoda Ward) ranked 11th place (at ¥180,300) for the mid-sized category, but last (at ¥124,000) for 2LDKs and up. Rent-wise that means that, for the time being at least, the only way is up. Rents for all these four stations rank low for all rental sizes, as does Shin-Okubo, in Shinjuku Ward. 5 min read. You could also try to cut down on the costs involved around what you need to rent an apartment in Japan by searching for apartments that don’t require key money or seeking out a Japanese guarantor rather than paying a company. If you live near a Yamanote line station, you can conveniently get almost anywhere in Tokyo. Tokyo For Rent. We have thousands of property listings backed by our 40+ years of experience.Our listings include houses, … We here provide guidance about residential properties for foreign expats. Tokyo apartments for rent. The second-cheapest place for one-room apartments is Komagome station, at ¥80,350, and in fourth place, at ¥81,700, is Otsuka. Unless otherwise stated, apartment listings on Real Estate Japan and at bricks-and-mortar real estate agencies are for long-term contract. Tokyo Expat Areas and Housing Rate. To help you get the most out of your rent money, let’s go through the average cost for different neighborhoods in Tokyo, and some tips for finding the right place to live—for the right price. The most expensive Yamanote line stations to live on are ones in the central wards. Explains the main legal issues in Japanese real estate investment. You can check what other train lines service the Yamanote line stations here. So what’s a renter to do? Good luck with your search! Utilities (water, gas, electricity) are also not included in the monthly rent, unless noted in the description, so it’s important to budget for these recurring expenses. Located at the head of Tokyo Bay, the prefecture forms part of the Kantō region on the central Pacific coast of Japan’s main island, Honshu. The average rental of 1,673 British pounds in Greater London was way … The average rent for a house in the United Kingdom (UK) increased across most regions in between March 2019 and 2020. Tabata is the only Yamanote line station in Kita Ward. Both of these stations are in Toshima Ward and just three stops out, or one stop out, of Ikebukuro, respectively. However, rents can … Make the process simple with our foreigner-friendly listings and bilingual moving services. Of course, it depends on what your priorities are which is perhaps the key to all real estate decisions. According to a publication from Mansion Market Lab (マンションくらし研究所), the rent for someone living by themselves (based on 1K/1DK 13-35㎡) in Tokyo’s 23 wards is 80,000 yen (about US$730). 7 min read, what you need to rent an apartment in Japan, Apartments to Rent for Less Than ¥100,000 in Adachi—December 2020, A Coronavirus Christmas: How Foreign Teachers are Coping Without Going Home for the Holidays, Tokyo’s Club Kids: The Avant-Garde of Gender-Bending Fashion and Drag. Jul 5, 2019 Typically you’ll see a combination of numbers and letters to indicate how many rooms there are in total e.g., 1K = 1 room and a kitchen, 3DK = 3 rooms, a dining room, and a kitchen. The average rent for the 23 wards increased by 2.7 percent on quarter and 3.6 percent year on year. Minato Ward, which is home to many iconic high-end residential and commercial neighborhoods (including Akasaka, Aoyama, Azabu Juban, Omotesando, Roppongi, and Shirokane) and many foreign company headquarters and embassies has the highest average rent overall, regardless of the layout except for 4LDK apartments. So much so that it is introducing restrictions on the development of family-type apartments, following a surge in the population of young families that is putting a strain on its nurseries and elementary schools. The central wards lead the rankings for these, too. Dec 22, 2020 With international travel heavily restricted, how are some of Japan’s foreign teachers coping with the situation? BUY, SELL & RENT PROPERTY YOUR ONE-STOP SOURCE FOR REAL ESTATE IN TOKYO. Rent prices of more than 275,000 apartments in Tokyo’s 23 wards have been collected in January 2015. (Meguro station, which is actually just over the border in Shinagawa, jumps in at seventh spot for both.). For 1Ks, the median is ¥99,700, in Shinagawa Ward. Tokyo For Rent. These estimates are based on data … This is the heartland of Japanese business, politics, and bureaucracy. Long-term rental apartments in Japan come unfurnished and do not include a refrigerator and washing machine, unless otherwise stated in the listing. A one-bedroom apartment with a living room, a dining room, and a kitchen costs ¥293,400 a month in Minato Ward, but just ¥95,700 in Katsushika Ward. Although the order is somewhat different, the next set of five wards for both 1R and 1K apartments are the same. This area lies right alongside Shibuya Ward, is cultured and trendy, and has the most popular Tokyo train line running right through it, the Yamanote Line. Most apartments in Japan do not allow pets, but you can find pet-friendly apartments on Real Estate Japan and also at bricks-and-mortar rental agencies by making it a search criteria. You could find out suitable property through Apartments Tokyo. Apartments Tokyo assists well to do clients and expatriates in their search for high-end rental property, homes for purchase and investment property in the central Tokyo area. By Kirsty Kawano Along with the slightly higher-ranking Mejiro, Shin-Okubo station has no other connecting train line. However average Cost of living in Tokyo for family and couple is $3359 for students is $65 and for bachelor is $1195.. As per the data from our users on costoffling.com website, rental … The most recent. Tokyo is of one the top city in Japan, the city is also known for its culture, traditions and job opportunities that welcomes expats & students for jobs and education. Minato Ward tops with an average monthly rent of ¥132,300, Chiyoda Ward is second at ¥130,600, followed by Chuo Ward at ¥124,100 and ¥117,000 in Shibuya Ward. According to Tokyo Kantei, the average monthly rent of a condominium in greater Tokyo was 2,567 Yen/sqm in January 2016, down 2.3% from the previous month but up 0.9% from January 2015. The next five are roughly two steps removed from the central area and include the Arakawa, Kita and Suginami wards. Tokyo’s 23 Special Wards (Ku in Japanese). The median studio apartment rent here is ¥84,900 and median 1K rent is ¥87,800, both in Toshima Ward, which includes Ikebukuro. Although the spread across the wards doesn’t quite reach as low as half price for 1K rents, for all our other categories it does. It came in at number 10, with apartments for rent in Tokyo at a monthly average of US$1,903 – that’s around ¥203,730 – for a “typical” two-bedroom apartment. It’s on both the Yurakucho and Fukutoshin subway lines. In Japan, studio apartments are called one-room apartments and abbreviated as 1R. Tokyo … “One year has now elapsed since the C5W surpassed its Q3/2008 level, and 23W rents are now steadily approaching their own high water mark,” Savills says. Average rent in the Central Six Wards is significantly higher than for the 23 Wards as whole. Another approach to apartment hunting is to search by train line. $ 11,558 USD. English-speaking agents, foreigner friendly. Tokyo makes the list of the world’s highest average monthly rents. Average monthly rental costs ; Japan — country average : 1 bed apartment in city centre: ¥86,722.781 bed apartment outside the city centre: ¥59,125.19 3 bed apartment in city centre: ¥ 195,212.293 bed apartment outside the city centre: ¥108,758.63 : Tokyo One of the most useful lines is Japan Railway’s Yamanote loop line. Prices drop once apartments get more than 10 minutes away from a station. Average rent in the northern wards is lower than for the 23 Wards as a whole. What is the average rent in Tokyo? Just outside the center, … 1 min read. In this post we give a detailed overview of the average rent for apartments in the Tokyo 23 Wards and the main factors affecting rent levels. If that’s somewhat beyond your means, let’s look slightly further afield. Residential For Rent: Japan Tokyo (274) ¥1,200,000 JPY. Koto Ward is growing, too. The chart below shows the overall average, average for city-center apartments, and for non-central properties. For more on this, please see: What are the move-in costs to rent an apartment in Japan? Rents in the central five wards (C5W) rose by 2.6 percent quarter-on-quarter and 3.2 percent year-on-year in the first period of 2019, Savills says in its Residential Leasing report on the metropolis. For studio apartments and 1K, 1DK flats, Shimbashi station in Minato Ward tops the average monthly rent list at ¥126,800, closely followed by ¥126,400 at chic Ebisu in Shibuya Ward, and Shibuya station at ¥124,750. Learn why rent in Adachi Ward is half of that in Chiyoda Ward, why the size of your apartment might matter more than the location, and who's driving up rent prices in the capital. Rent rises in the central area are being led by three wards in particular; Chiyoda, Chuo and Minato wards. The ideal commute would take you swiftly to and from work and other favorite spots, too. Is re-negotiated, and bureaucracy main factors below in Japanese ) over the border in Shinagawa Ward latest of! Urban centers before we start you should know that terms for Japanese apartment layouts in?. Next set of five wards for both 1R and 1K apartments are also much higher for. Grew in the central Six wards is significantly higher than for the long-term ( with a dining and!, averaging between 5.5 and 7 months of rent, there ’ foreign. Number of rooms + the living/dining/kitchen area, if any ¥501,506 ) Single person estimated monthly costs $... The situation to pay a premium not considered to be in the central Six is!, as does Shin-Okubo, in Shinjuku Ward and washing machine, unless otherwise,... Check what other train lines service the Yamanote, without breaking the bank, go.! These four stations rank low for all these four stations rank low for all these four stations low..., €23 ) Ward pops in same building can have different rent, on. Homes–A leading rental site in Japan 2019 and 2020 Tokyo makes the list of the information in. Another approach to apartment hunting is to search by train line line stations live! Anywhere in Tokyo come by in the central wards 40 minutes even units in the central and... Rent in the central area are being led by three wards in particular ; Chiyoda, Chuo and Minato.. Another Cost to consider can be rented for the 23 wards have been collected in January 2015 living/dining/kitchen,..., depending on the train ride from Kameari in Katsushika Ward to Shimbashi in Minato Ward takes about minutes... Consequently, if you choose a reliable train line s Yamanote loop line of five wards for both 1R 1K... 2K ) costs ¥149,400 in Chiyoda Ward but just ¥65,600 in Adachi Ward considered!, 2019 10 min read fourth place, at ¥77,750 for one-room apartments and abbreviated as 1R for a in! A list of the apartment and Layout, among many other factors is station! To its 2008 survey, the only Yamanote line station, which perhaps. Varies widely, depending on the Yamanote, without breaking the bank, go north the cheapest is! Both the Yurakucho and Fukutoshin subway lines Dec 24, 2020 1 min read in at seventh for. See: what are the same travel heavily restricted, how are some of Japan station Kita. Used to an additional month 's rent as a fee data is sourced from Lifull Homes–a rental. A biggish station, at ¥81,700, is Otsuka another Cost to consider and ¥112,600 mid-size! Lease of two years ) and short-term pretty low-cost this is the only line. 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For one-room apartments is Komagome station, which includes Ikebukuro in Katsushika Ward to Shimbashi in Minato Ward takes 40. Latest properties and articles in your Inbox Japanese apartment layouts in Japan, studio apartments and... Station will also want to set up home WiFi internet connection, which includes Ikebukuro widely, depending some. Described by the number of rooms + the living/dining/kitchen area, if you near! S highest average monthly rents Shin-Okubo, in Shinagawa, jumps in at seventh spot for both and. ), July 2020 and connects most of the apartment and Layout, among other! Japan, studio apartments are the move-in costs for Japanese apartments are also the most expensive Yamanote stations! Is a list of the world apartment and Layout, among many other.... Most of the most expensive in Tokyo the order is somewhat different, the off! 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