Property Prices in Sendai, Japan

Index
Price to Income Ratio:	4.26
Mortgage as Percentage of Income:	28.32%
Loan Affordability Index:	3.53
Price to Rent Ratio - City Centre:	23.47
Price to Rent Ratio - Outside of Centre:	18.22
Gross Rental Yield (City Centre):	4.26%
Gross Rental Yield (Outside of Centre):	5.49%

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Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	65,000.00 ¥	60,000.00-70,000.00
Apartment (1 bedroom) Outside of Centre	47,500.00 ¥	45,000.00-50,000.00
Apartment (3 bedrooms) in City Centre	120,000.00 ¥	110,000.00-130,000.00
Apartment (3 bedrooms) Outside of Centre	90,000.00 ¥	80,000.00-100,000.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	31,277.10 ¥	14,864.36-41,806.02
Price per Square Feet to Buy Apartment Outside of Centre	17,961.10 ¥	12,077.29-23,225.57
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	311,333.33 ¥
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	3.00

These data are based on 22 entries in the past 18 months from 7 different contributors.
Last update: November 2024

Sources and References

Nearby cities:

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country data (source The World Bank, 2024)
GDP Per Capita ($) :	41,600.00
GDP Growth Rate:	1.03%
Population Growth Rate:	-0.41%