Property Prices in Nagoya, Japan

Index Info
Price to Income Ratio: 4.69
Mortgage as Percentage of Income: 28.05%
Loan Affordability Index: 3.56
Price to Rent Ratio - City Centre: 16.13
Price to Rent Ratio - Outside of Centre: 15.26
Gross Rental Yield (City Centre): 6.20%
Gross Rental Yield (Outside of Centre): 6.55%
Rent Per Month
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Apartment (1 bedroom) in City Centre 95,875.00 ¥ 70,000.00-150,000.00
Apartment (1 bedroom) Outside of Centre 55,625.00 ¥ 45,000.00-75,000.00
Apartment (3 bedrooms) in City Centre 240,000.00 ¥ 170,000.00-300,000.00
Apartment (3 bedrooms) Outside of Centre 160,000.00 ¥ 120,000.00-200,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 36,851.23 ¥ 31,122.26-43,664.07
Price per Square Feet to Buy Apartment Outside of Centre 21,832.03 ¥ 18,580.45-25,083.61
Salaries And Financing
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Average Monthly Net Salary (After Tax) 336,857.14 ¥
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 1.85 1.30-2.00

These data are based on 59 entries in the past 18 months from 12 different contributors.
Last update: July 2024

Sources and References
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