Property Prices in Tokyo, Japan

Index Info
Price to Income Ratio: 15.87
Mortgage as Percentage of Income: 94.37%
Loan Affordability Index: 1.06
Price to Rent Ratio - City Centre: 39.19
Price to Rent Ratio - Outside of Centre: 36.85
Gross Rental Yield (City Centre): 2.55%
Gross Rental Yield (Outside of Centre): 2.71%
Rent Per Month
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Apartment (1 bedroom) in City Centre 163,175.60 ¥ 100,000.00-250,000.00
Apartment (1 bedroom) Outside of Centre 87,392.21 ¥ 65,000.00-160,000.00
Apartment (3 bedrooms) in City Centre 398,730.34 ¥ 250,000.00-650,000.00
Apartment (3 bedrooms) Outside of Centre 188,922.39 ¥ 120,000.00-300,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 150,493.47 ¥ 92,902.27-278,706.80
Price per Square Feet to Buy Apartment Outside of Centre 71,185.20 ¥ 51,096.25-102,192.49
Salaries And Financing
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Average Monthly Net Salary (After Tax) 375,940.99 ¥
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 1.78 1.00-2.55

These data are based on 322 entries in the past 18 months from 65 different contributors.
Last update: December 2024

Sources and References
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