Property Prices in Japan

Index Info
Price to Income Ratio: 9.97
Mortgage as Percentage of Income: 59.30%
Loan Affordability Index: 1.69
Price to Rent Ratio - City Centre: 41.44
Price to Rent Ratio - Outside of Centre: 38.62
Gross Rental Yield (City Centre): 2.41%
Gross Rental Yield (Outside of Centre): 2.59%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 82,875.15 ¥ 60,000.00-160,000.00
Apartment (1 bedroom) Outside of Centre 56,991.96 ¥ 40,000.00-100,000.00
Apartment (3 bedrooms) in City Centre 176,598.38 ¥ 100,000.00-500,000.00
Apartment (3 bedrooms) Outside of Centre 110,615.58 ¥ 70,000.00-250,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 75,362.96 ¥ 44,593.09-162,578.97
Price per Square Feet to Buy Apartment Outside of Centre 46,190.28 ¥ 25,548.12-85,934.60
Salaries And Financing
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Average Monthly Net Salary (After Tax) 328,087.16 ¥
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 1.78 1.00-2.50

These data are based on 1244 entries in the past 18 months from 264 different contributors.
Last update: February 2024
Our data for each country are based on all entries from all cities in that country.

Sources and References

By City in Japan

Rank
City
Price To Income Ratio
Gross Rental Yield City Centre
Gross Rental Yield Outside of Centre
Price To Rent Ratio City Centre
Price To Rent Ratio Outside Of City Centre
Mortgage As A Percentage Of Income
Affordability Index
Fukuoka 14.6 1.9 1.9 53.2 52.6 85.7 1.2
Kyoto 16.7 2.1 1.3 46.9 74.6 98.1 1.0
Nagoya 5.8 6.1 7.0 16.3 14.3 35.1 2.8
Okinawa 7.7 2.2 3.8 46.3 26.1 46.5 2.2
Osaka 11.5 2.1 2.2 47.1 46.5 68.4 1.5
Tokyo 10.0 3.4 3.0 29.7 33.0 58.7 1.7
Yokohama 8.5 3.0 4.4 33.9 22.5 51.5 1.9
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