Property Prices in Japan

Index Info
Price to Income Ratio: 12.33
Mortgage as Percentage of Income: 73.80%
Loan Affordability Index: 1.36
Price to Rent Ratio - City Centre: 47.90
Price to Rent Ratio - Outside of Centre: 43.45
Gross Rental Yield (City Centre): 2.09%
Gross Rental Yield (Outside of Centre): 2.30%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 87,821.15 ¥ 60,000.00-180,000.00
Apartment (1 bedroom) Outside of Centre 57,553.26 ¥ 40,000.00-100,000.00
Apartment (3 bedrooms) in City Centre 184,811.20 ¥ 100,000.00-500,000.00
Apartment (3 bedrooms) Outside of Centre 115,758.83 ¥ 75,000.00-250,000.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 91,764.59 ¥ 43,664.07-185,804.53
Price per Square Feet to Buy Apartment Outside of Centre 53,369.36 ¥ 27,870.68-92,902.27
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 316,712.11 ¥
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 1.85 1.00-2.41

These data are based on 1185 entries in the past 18 months from 260 different contributors.
Last update: July 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 12.2 1.9 3.1 51.7 32.3 71.7 1.4
Kyoto 15.4 2.3 1.4 43.5 71.8 90.5 1.1
Nagoya 6.6 6.0 6.8 16.6 14.8 40.0 2.5
Osaka 10.1 2.3 2.5 43.0 39.5 60.3 1.7
Tokyo 14.4 2.9 2.8 34.1 35.5 86.3 1.2
Yokohama 7.9 2.8 3.5 36.2 28.4 48.3 2.1
This page in other languages: