Property Prices in Sendai, Japan

Index Info
Price to Income Ratio: 9.01
Mortgage as Percentage of Income: 58.47%
Loan Affordability Index: 1.71
Price to Rent Ratio - City Centre: 25.30
Price to Rent Ratio - Outside of Centre: 17.90
Gross Rental Yield (City Centre): 3.95%
Gross Rental Yield (Outside of Centre): 5.59%

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Rent Per Month
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1 Bedroom Apartment in City Centre ¥90,000.00 60,000.00-120,000.00
1 Bedroom Apartment Outside of City Centre ¥52,500.00 45,000.00-60,000.00
3 Bedroom Apartment in City Centre ¥110,000.00
3 Bedroom Apartment Outside of City Centre ¥115,000.00 80,000.00-150,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre ¥39,483.46 37,160.91-41,806.02
Price per Square Feet to Buy Apartment Outside of Centre ¥20,903.01 18,580.45-23,225.57
Salaries And Financing
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Average Monthly Net Salary (After Tax) ¥180,400.00
Annual Mortgage Interest Rate (20-Year Fixed, in %) 2.73 2.45-3.00

These data are based on 20 entries from 7 contributors over the past 18 months.
Last update: 7 May 2026

Sources and References
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