Property Prices in Sendai, Japan

Index Info
Price to Income Ratio: 7.05
Mortgage as Percentage of Income: 46.90%
Loan Affordability Index: 2.13
Price to Rent Ratio - City Centre: 20.35
Price to Rent Ratio - Outside of Centre: 18.22
Gross Rental Yield (City Centre): 4.91%
Gross Rental Yield (Outside of Centre): 5.49%

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Rent Per Month
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1 Bedroom Apartment in City Centre 83,333.33 ¥ 60,000.00-120,000.00
1 Bedroom Apartment Outside of City Centre 47,500.00 ¥ 45,000.00-50,000.00
3 Bedroom Apartment in City Centre 120,000.00 ¥ 110,000.00-130,000.00
3 Bedroom Apartment Outside of City Centre 90,000.00 ¥ 80,000.00-100,000.00
Buy Apartment Price
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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
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Average Monthly Net Salary (After Tax) 188,000.00 ¥
Annual Mortgage Interest Rate (20-Year Fixed, in %) 3.00

These data are based on 22 entries from 6 contributors over the past 18 months.
Last update: 23 November 2025

Sources and References
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