Property Prices in Japan

Index Info
Price to Income Ratio: 10.34
Mortgage as Percentage of Income: 59.43%
Loan Affordability Index: 1.68
Price to Rent Ratio - City Centre: 40.61
Price to Rent Ratio - Outside of Centre: 36.19
Gross Rental Yield (City Centre): 2.46%
Gross Rental Yield (Outside of Centre): 2.76%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 96,204.21 ¥ 60,000.00-200,000.00
Apartment (1 bedroom) Outside of Centre 61,206.49 ¥ 40,000.00-125,000.00
Apartment (3 bedrooms) in City Centre 187,748.77 ¥ 100,000.00-450,000.00
Apartment (3 bedrooms) Outside of Centre 120,942.35 ¥ 70,000.00-250,000.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 82,194.61 ¥ 46,451.13-132,717.48
Price per Square Feet to Buy Apartment Outside of Centre 46,868.62 ¥ 27,870.68-92,902.27
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 335,921.02 ¥
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 1.42 0.90-2.50

These data are based on 1145 entries in the past 18 months from 221 different contributors.
Last update: January 2023
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
Kyoto 12.5 2.7 1.8 36.5 55.5 72.1 1.4
Nagoya 5.6 7.7 11.9 12.9 8.4 31.1 3.2
Osaka 13.6 2.1 1.9 47.2 53.2 78.9 1.3
Tokyo 12.6 3.1 2.9 32.2 34.7 70.7 1.4
This page in other languages: