Property Prices in Tokyo, Japan

Index Info
Price to Income Ratio: 15.49
Mortgage as Percentage of Income: 91.93%
Loan Affordability Index: 1.09
Price to Rent Ratio - City Centre: 33.74
Price to Rent Ratio - Outside of Centre: 35.21
Gross Rental Yield (City Centre): 2.96%
Gross Rental Yield (Outside of Centre): 2.84%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,208.64 $ 695.24-2,085.71
Apartment (1 bedroom) Outside of Centre 633.45 $ 472.76-1,112.38
Apartment (3 bedrooms) in City Centre 2,825.18 $ 1,738.09-4,519.03
Apartment (3 bedrooms) Outside of Centre 1,338.18 $ 834.28-2,085.71
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 937.73 $ 645.89-1,937.67
Price per Square Feet to Buy Apartment Outside of Centre 487.37 $ 355.24-710.48
Salaries And Financing
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Average Monthly Net Salary (After Tax) 2,476.51 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 1.76 1.00-2.55

These data are based on 295 entries from 47 contributors over the past 18 months.
Last update: April 2025

Sources and References
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