Property Prices in Tokyo, Japan

Index Info
Price to Income Ratio: 14.43
Mortgage as Percentage of Income: 81.49%
Loan Affordability Index: 1.23
Price to Rent Ratio - City Centre: 36.20
Price to Rent Ratio - Outside of Centre: 41.42
Gross Rental Yield (City Centre): 2.76%
Gross Rental Yield (Outside of Centre): 2.41%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 151,889.20 ¥ 100,000.00-250,000.00
Apartment (1 bedroom) Outside of Centre 77,436.25 ¥ 60,000.00-100,000.00
Apartment (3 bedrooms) in City Centre 328,221.16 ¥ 200,000.00-850,000.00
Apartment (3 bedrooms) Outside of Centre 171,444.44 ¥ 129,000.00-280,000.00
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre 121,505.15 ¥ 92,902.27-185,804.53
Price per Square Feet to Buy Apartment Outside of Centre 71,734.29 ¥ 51,096.25-92,902.27
Salaries And Financing
Average Monthly Net Salary (After Tax) 360,308.19 ¥
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 1.24 0.95-1.89

These data are based on 292 entries in the past 18 months from 55 different contributors.
Last update: June 2021

Sources and References
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2 Comments so far
mona on May 14, 2021:
Hi, I am looking to purchase a small apartment in Tokyo.
If you are a real estate agent, please contact and send me some information.
Anusmita Bhowmick on Aug 07, 2018:
We (me and my husband) are looking for a 1 bedroom/2bedroom rent arrangements in Tokyo. My husband is currently a researcher in Chiba university and very shortly (in September) he is moving into Waseda University. He is an officer in Indian railways and currently in Japan on Govt. project. It will be a great help if anyone can provide us with contacts of some good real estate agents. My husband's WhatsApp 9831043252