Property Prices in Nagoya, Japan

Index Info
Price to Income Ratio: 4.12
Mortgage as Percentage of Income: 24.50%
Loan Affordability Index: 4.08
Price to Rent Ratio - City Centre: 16.31
Price to Rent Ratio - Outside of Centre: 15.24
Gross Rental Yield (City Centre): 6.13%
Gross Rental Yield (Outside of Centre): 6.56%
Rent Per Month
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Apartment (1 bedroom) in City Centre 88,750.00 ¥ 75,000.00-150,000.00
Apartment (1 bedroom) Outside of Centre 58,000.00 ¥ 50,000.00-75,000.00
Apartment (3 bedrooms) in City Centre 215,000.00 ¥ 180,000.00-250,000.00
Apartment (3 bedrooms) Outside of Centre 140,000.00 ¥ 100,000.00-200,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 33,909.33 ¥ 24,154.59-43,664.07
Price per Square Feet to Buy Apartment Outside of Centre 20,670.75 ¥ 16,257.90-25,083.61
Salaries And Financing
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Average Monthly Net Salary (After Tax) 356,500.00 ¥
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 1.78 1.00-2.00

These data are based on 36 entries in the past 18 months from 8 different contributors.
Last update: November 2024

Sources and References
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