Property Prices in Sendai, Japan

Index
Price to Income Ratio:	5.07
Mortgage as Percentage of Income:	33.73%
Loan Affordability Index:	2.96
Price to Rent Ratio - City Centre:	23.47
Price to Rent Ratio - Outside of Centre:	18.22
Gross Rental Yield (City Centre):	4.26%
Gross Rental Yield (Outside of Centre):	5.49%

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Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	65,000.00 ¥	60,000.00-70,000.00
Apartment (1 bedroom) Outside of Centre	47,500.00 ¥	45,000.00-50,000.00
Apartment (3 bedrooms) in City Centre	120,000.00 ¥	110,000.00-130,000.00
Apartment (3 bedrooms) Outside of Centre	90,000.00 ¥	80,000.00-100,000.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	31,277.10 ¥	14,864.36-41,806.02
Price per Square Feet to Buy Apartment Outside of Centre	17,961.10 ¥	12,077.29-23,225.57
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	261,444.44 ¥
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	3.00

These data are based on 23 entries from 8 contributors over the past 18 months.
Last update: May 2025

Sources and References

Nearby Cities:

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country data (source The World Bank, 2024)
GDP Per Capita ($) :	46,200.00
GDP Growth Rate:	1.68%
Population Growth Rate:	-0.43%