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. What is the average rent in the Tokyo 23 Wards? Average rent in the... More

Tokyo is a sprawling metropolis and average rent varies widely. Generally speaking, the further away you go from the city center, the lower the rent. So when you are apartment hunting in “Tokyo” you might hear that you can save... More

The average rent for an apartment in the Tokyo 23 Wards hit a new peak in October. Renters in the 23 Wards paid an average of ¥3,716 per square meter, a year-on-year increase of 5.4%. This means, for example, that... More

In this installment of our series on “what is the average rent in Tokyo” we zoom in on the least expensive stations on the Yamanote line. The Yamanote, which has 29 stations, is the iconic loop line that goes around... More

Tokyo is a big city with thousands of neighborhoods, so it can be misleading to give a city-wide average in answer to the question of “What is the average rent in Tokyo?” Across the Tokyo 23 Wards, the average rent... More

To save money on rent in Tokyo, one of the tips you’ll often hear is to move outside the Yamanote line or even further out, beyond the 23 wards. It’s true that average rent does decrease the further you look outside... More

The average rent per square meter for an apartment in Tokyo’s 23 wards in November was 3,306 yen (about $2.54 per square feet), the 35th consecutive month of year-on-year increases, based on Real Estate Japan’s analysis of data recently released... More

We recently posted an article with data showing that the average rent in Tokyo’s 23 wards is at the highest point since the global financial crisis. But as the saying goes, location is (almost!) everything in real estate. Depending on... More

In August, the average rent per square meter for a condominium in metropolitan Tokyo and Tokyo’s 23 wards reached 3,177 yen/sqm and 3,314 yen/sqm, respectively, the highest points since the 2008 global financial crisis (GFC), based on Real Estate Japan’s... More

The Real Estate Information Network System (REINS) for Eastern Japan recently released its quarterly report on average residential rent in Tokyo and the surrounding prefectures, for January to March 2015. REINS data is compiled from its member real estate agents,... More

Several factors influence the cost of rent in Japan, some more apparent than others. Rent will change depending on location, distance from the train station, size and layout, age of the property and even the role of real estate agents.... More

As international equity markets took a beating in 2022, many investors have looked to other sectors to shore up their portfolios. In the last few years, Japanese residential real estate has drawn a lot of attention from overseas investors because... More

Sales prices of newly constructed apartments in the greater Tokyo region were up in September, as developers continued to rein in supply. The average sales price for a new apartment sold in the greater Tokyo metro region reached ¥66,530,000 ($450,000... More

Condominium developers in the greater Tokyo area have been hit hard by high material costs this year, as inflation has not spared the building industry. This is one of the key reasons why supply of new condominiums in the capital... More

In August, the average sales price of a newly constructed apartment in the greater Tokyo region fell and supply plummeted year-on-year, as suppliers pulled back on releasing new units for sale. The average sales price for a new apartment sold... More

The average sales price of a newly constructed apartment in the greater Tokyo region was ¥63,790,000 ($460,000 USD) in July. This was a year-on-year decrease of 1.8% and a decrease of 1.1% compared to June. The average sales price per square... More

This month on Real Estate Japan we are continuing to see a significant increase in inquiries on For Sale properties throughout Japan, from Hokkaido to Fukuoka. In this post, we share the five most popular wards and cities outside Tokyo, ranked in... More

In this article we give an overview of the average yield that investors can expect for income properties in Japan. With the yen depreciating against the US dollar by about 20% since the beginning of this year, on Real Estate... More

Homebuyers in the greater Tokyo region have been buying apartments at a brisk pace this year, pushing the average sales prices of newly built condominiums up for the first time in two years amidst strong demand and low inventory. Data... More