What can you rent for $700 in Tokyo? With No Key Money, Agency Fee or Deposit

In this installment of the “what can you rent” series, we focus on Tokyo, including short-term options available now for $700 (¥75,000) a month or less. No one likes to pay high move-in costs, so the examples below all feature apartments that don’t charge key money, a deposit, and agency fees.

Let’s take a look at the featured listings!

Furnished Private Room in Share House in Hatsudai – One Stop from Shinjuku – Short-Term ok

Location: Excellent location, 9-min walk from Hatsudai Station on the Keio Line, one stop from Shinjuku. This is a very central neighborhood, with convenience stores and supermarket nearby. Perfect for both longer term business stays as well as the casual traveller looking for a centrally-located apartment near Shinjuku.

Free WiFi is included in this bright and clean private room for rent in a share house near Hatsudai Station on the Keio line. Please click on the photo for the full listing and to inquire directly to the agent.

  • Total Monthly Cost: ¥75,000 ($690)/month – Negotiable
  • Key Money: None
  • Deposit: None
  • Agency Fee: none
  • Lease Period: Short-term ok
  • Size: 1R studio, 10-m² (108-sqft)
  • Floor: 5th-floor in 10-story building
  • Notes: Bright, clean furnished room with bed, desk, A/C. Well-equipped kitchen, shower stall, washing machine for communal use. Short-term stays are available. Rent negotiable.

1R Apartment in Koenji – Fun, artsy neighborhood – Room sharing, up to 2 people ok – 10-min direct to Shinjuku

Location: 10-min walk from Koenji Station on the JR Chuo line. Koenji is known for its laid back atmosphere, many mom-and-pop shops and cafes, and is considered one of the best places in all of Tokyo for independent live music. Popular with young singles and couples. Just a 10-min direct ride to Shinjuku.

1R studio apartment for rent in Koenji, 10-min direct ride to Shinjuku. Please click on the photo for the full listing and to inquire directly to the agent.

  • Total Monthly Cost: ¥75,550 ($692)/month
  • Key Money: None
  • Deposit: None
  • Agency Fee: none
  • Lease Period: 2-year lease
  • Size: 1K studio, 16.3m² (175-sqft)
  • Floor: 1st-floor in 2-story building
  • Notes: Partially furnished room (bed, low table, TV), small kitchen, closet. Room sharing (up to 2 people) ok! Internet available for an additional ¥2,310 per month. Available from February 23, 2020. Inquire now to be the first in line for a room view!

1R Apartment in Nakano – Utilities and Internet Included – Short-Term ok!

Location: Great location, 8-min walk to Nakano Station on the JR Chuo Sobu, 6-min direct ride to Shinjuku!

1R studio apartment for rent near Nakano Station on the JR Chuo Sobu line. Please click on the photo for the full listing and to inquire directly to the agent.

  • Total Monthly Cost: ¥75,000 ($687)/month
  • Key Money: None
  • Deposit: None
  • Agency Fee: none
  • Lease Period: Short-term (1-month) ok!
  • Size: 1R studio, 13.75m² (148-sqft)
  • Floor: 1st-floor in 5-story building
  • Notes: This is a great value apartment in a great location. No guarantor required, utilities and internet included in rent.

1K Apartment near Funabori Station – Edogawa Ward – Convenient for commuting to Chiba

Location: Great location for those looking for a good-value apartment in eastern Tokyo, in Edogawa Ward. You will be a 12-min walk from Funabori Station on the Toei Shinjuku line, 4-stops direct to Motoyawata Station, a major interchange station in Chiba. Also a 20-min direct ride to downtown Tokyo (Jimbocho Station).

Studio apartment for rent near Funabori Station on the Toei Shinjuku line. Please click on the photo for the full listing and to inquire directly to the agent.

  • Total Monthly Cost: ¥74,550 ($682)/month
  • Key Money: None
  • Deposit: None
  • Agency Fee: none
  • Lease Period: 2-year lease

1K Apartment near Kanamachi Station – No Guarantor Required!

Location: Great location for those looking for an apartment in northern Tokyo (Katsushika Ward), with convenient access to both Chiba and Tokyo. You will be a 9-min walk from Kanamachi Station on the JR Joban Line, 23-min ride to Ueno with one transfer.

Apartment for rent near Kanamachi Station. Please click on the photo for the full listing and to inquire directly to the agent.

  • Total Monthly Cost: ¥63,000 ($577)/month
  • Key Money: None
  • Deposit: None
  • Agency Fee: none
  • Lease Period: 2-year lease
  • Size: 1K studio, 22.15 m² (237-sqft)
  • Floor: 3rd-floor in 3-story building
  • Notes: Available from January 26, 2020. Inquire now to be first in line for a room view!
  • This unit is offered through the GaijinPot Housing Service. All English-speaking applicants are welcome to apply. You can even apply from overseas, and have your place set up before you arrive in Japan!
    ★ No guarantor required
    ★ Bilingual support
    ★ No Japanese required
    ★ Utility set up assistance
    ★ Bilingual concierge service after move in
    ★ All payments via credit card and debit card (1-month security deposit is required for debit card payment)

How to Rent an Apartment in Japan

If you’re looking into what the apartment hunting process in Japan entails, here’s our quick rundown of what to expect. Knowledge is half the battle, and you’ll want to be prepared since the battlefield of apartment hunting takes no prisoners.

Tokyo Area Guides

Where should you live in Tokyo? Check out all our Tokyo Area Guides to find the perfect place!


Lead photo: By Scott Kouchi. Looking down Pal shopping arcade to the south of Koenji Station.