Property Prices in Tokyo, Japan

Index Info
Price to Income Ratio: 15.08
Mortgage as Percentage of Income: 89.46%
Loan Affordability Index: 1.12
Price to Rent Ratio - City Centre: 33.29
Price to Rent Ratio - Outside of Centre: 34.85
Gross Rental Yield (City Centre): 3.00%
Gross Rental Yield (Outside of Centre): 2.87%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,649.71 C$ 953.80-2,861.39
Apartment (1 bedroom) Outside of Centre 845.88 C$ 648.58-1,430.69
Apartment (3 bedrooms) in City Centre 3,765.59 C$ 2,384.49-6,199.67
Apartment (3 bedrooms) Outside of Centre 1,836.72 C$ 1,144.55-2,861.39
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,247.38 C$ 886.10-2,658.29
Price per Square Feet to Buy Apartment Outside of Centre 652.99 C$ 487.35-886.10
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,390.65 C$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 1.75 1.00-2.55

These data are based on 292 entries from 46 contributors over the past 18 months.
Last update: May 2025

Sources and References
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