Property Prices in Nagoya, Japan

Index Info
Price to Income Ratio: 7.46
Mortgage as Percentage of Income: 40.96%
Loan Affordability Index: 2.44
Price to Rent Ratio - City Centre: 13.43
Price to Rent Ratio - Outside of Centre: 8.81
Gross Rental Yield (City Centre): 7.45%
Gross Rental Yield (Outside of Centre): 11.35%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 92,833.33 ¥ 62,000.00-180,000.00
Apartment (1 bedroom) Outside of Centre 65,000.00 ¥ 40,000.00-100,000.00
Apartment (3 bedrooms) in City Centre 435,714.29 ¥ 250,000.00-550,000.00
Apartment (3 bedrooms) Outside of Centre 418,750.00 ¥ 200,000.00-550,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 43,536.51 ¥
Price per Square Feet to Buy Apartment Outside of Centre 25,077.85 ¥
Salaries And Financing
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Average Monthly Net Salary (After Tax) 247,586.25 ¥
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 0.95

These data are based on 52 entries in the past 18 months from 12 different contributors.
Last update: July 2021

Sources and References
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