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Average Rent in Western Tokyo Cities – Including Hachioji, Machida, Mitaka

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

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What is the average rent in Tokyo: 2020 Ranking by Ward and Layout

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

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Why average rent for a Tokyo apartment will likely keep increasing

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

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Average Rent in Tokyo – The Least Expensive Stations on the Yamanote Line – 2019

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

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Average Rent in Tokyo – The Most Expensive Stations on the Yamanote Line – 2019

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

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Top 10 Stations in Tokyo With Lowest Average Rent 2017

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

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Average Rent in Tokyo Compared to Other World Cities

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

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What is the average rent in Tokyo by Ward?

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

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Average Rent in Tokyo at Highest Point Since Global Financial Crisis

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

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What is the average rent in Tokyo?

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

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Tokyo Apartment Head-to-head Comparison: Which would you choose in the ¥130,000 Price Range?

In our last Tokyo Apartment Head-to-head Comparison we looked at two apartments in the ¥90,000/month range. This is a pretty competitive price point for 1R and 1K apartments around the city, and we were able to find two apartments in... More

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Average Price of a New Apartment in Greater Tokyo Rises for 8th Consecutive Year

In the first half of 2020, the average sales price of a new apartment in greater Tokyo reached ¥66,680,000 ($623,000), the eighth consecutive year in which the average price has increased in the first half of the year. This is... More

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Recommended Share Houses and Apartments: To Go From Couch Surfing to Thriving in Tokyo!

When you’re just out of college or otherwise still pretty young, it’s hard to find the footing to get started in your career and life. And doing so outside of the comforts of your home country brings a whole ‘nother... More

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Featured Short-term Rental: Newly-Built Furnished Apartment in Osaka

With Japan stirring back to life after a few months of hunkering down to combat COVID-19, quite a few residents in Japan are getting ready to get their summer plans back on track. Domestic travel is starting to pick up,... More

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Average Price of an Apartment in Japan in 2020 – Ranked by Prefecture

In this article we rank Japan’s 47 prefectures by the average listing price for a re-sale apartment. What is the average price of an apartment in Japan? It can be misleading to present average price data out of context, since... More

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Tokyo Hidden Gems: Modern Apartment Living Near Traditional Shopping Streets of Nakanobu

Welcome back to another installment in the Tokyo Hidden Gem series! In these articles, we take a closer look at interesting apartments in the under-the-radar neighborhoods of Tokyo. On deck today is a pretty intriguing combination: a 1LDK apartment for... More

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Tokyo New Apartment Supply Sinks to Lowest Level Since 1973 on Impact of Coronavirus

The Real Estate Economic Research Institute (REEI), a Tokyo-based think tank, announced that the number of newly built condominiums put on the market for sale in the greater Tokyo area fell 51.7% year-on-year to 686 units, the lowest number since... More

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Tokyo New Apartment Supply Drops 35% Due to Coronavirus Fallout

Developers in greater Tokyo pulled back sharply on the supply of new condominiums offered for sale in March due to the impact of the coronavirus. This is according to the Real Estate Economic Institute, a Tokyo-based think tank, which recently... More

Living

What is the average starting salary in Japan?

April 1st marked the start of the new fiscal year for almost all companies in Japan, as throngs of young people started new jobs amidst the turmoil of the coronavirus outbreak. It’s now two weeks into April. Coronavirus or not... More

Living

Not Staying Home: People Under 30 Account for 40% of COVID-19 Cases in Tokyo in Past 6 Days

Young people going out and nighttime activity in entertainment districts are the main causes of the rapid increase in new coronavirus cases in Tokyo in the past week. This is according to Tokyo metropolitan officials, who released data showing that... More