Property Prices in Nara, Japan

Index Info
Price to Income Ratio: 10.42
Mortgage as Percentage of Income: 63.32%
Loan Affordability Index: 1.58
Price to Rent Ratio - City Centre: 28.73
Price to Rent Ratio - Outside of Centre: 28.65
Gross Rental Yield (City Centre): 3.48%
Gross Rental Yield (Outside of Centre): 3.49%

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Rent Per Month
Edit Range
1 Bedroom Apartment in City Centre ¥65,000.00 60,000.00-70,000.00
1 Bedroom Apartment Outside of City Centre ¥53,333.33 50,000.00-55,000.00
3 Bedroom Apartment in City Centre ¥130,000.00 90,000.00-170,000.00
3 Bedroom Apartment Outside of City Centre ¥85,000.00 70,000.00-100,000.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre ¥39,748.61 30,338.35-51,746.56
Price per Square Feet to Buy Apartment Outside of Centre ¥29,374.80 23,225.57-37,160.91
Salaries And Financing
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Average Monthly Net Salary (After Tax) ¥178,500.00
Annual Mortgage Interest Rate (20-Year Fixed, in %) 2.01 1.78-2.45

These data are based on 27 entries from 6 contributors over the past 18 months.
Last update: 4 May 2026

Sources and References
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