Property Prices in Tokyo, Japan

Index Info
Price to Income Ratio: 14.03
Mortgage as Percentage of Income: 83.68%
Loan Affordability Index: 1.19
Price to Rent Ratio - City Centre: 34.38
Price to Rent Ratio - Outside of Centre: 35.75
Gross Rental Yield (City Centre): 2.91%
Gross Rental Yield (Outside of Centre): 2.80%
Rent Per Month
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Apartment (1 bedroom) in City Centre 165,094.76 ¥ 100,000.00-250,000.00
Apartment (1 bedroom) Outside of Centre 90,281.87 ¥ 65,000.00-170,000.00
Apartment (3 bedrooms) in City Centre 409,964.22 ¥ 250,000.00-650,000.00
Apartment (3 bedrooms) Outside of Centre 186,304.29 ¥ 120,000.00-307,359.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 134,718.91 ¥ 88,721.66-185,804.53
Price per Square Feet to Buy Apartment Outside of Centre 69,737.40 ¥ 51,096.25-92,902.27
Salaries And Financing
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Average Monthly Net Salary (After Tax) 392,151.71 ¥
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 1.81 1.00-2.55

These data are based on 297 entries in the past 18 months from 64 different contributors.
Last update: July 2024

Sources and References
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