Good luck with your search! Image: Wikimedia. We introduce primary expat areas in Tokyo, the average rental rates per size of unit, and recommended rental … According to a publication from Mansion Market Lab (マンションくらし研究所), the rent for someone living by themselves (based on 1K/1DK 13-35㎡) in Tokyo’s 23 wards is 80,000 yen (about US$730). This area lies right alongside Shibuya Ward, is cultured and trendy, and has the most popular Tokyo train line running right through it, the Yamanote Line. What is the average rent in Tokyo? If you are looking to lower your cost of living, bargains are more likely to be found in the northern wards, including Adachi, Arakawa, Edogawa, Itabashi, Kita, Nerima, and Suginami. To help you get the most out of your rent money, let’s go through the average cost for different neighborhoods in Tokyo, and some tips for finding the right place to live—for the right price. For larger apartments, Harajuku leads with ¥271,700 for rent for 1LDK, 2K and 2DK places, and ¥412,650 for 2LDK and three-bedroom apartments. Average price per square meter, rents, apartment price to income ratio, mortgage affordability and other relevant economic indicators improtant to look at when considering to invest in Tokyo… In Tokyo, the typical home is a narrow, 3-storey structure with a car space, bedroom and bathroom on the ground floor, … Tokyo’s 23 Special Wards (Ku in Japanese). Tokyo Expat Areas and Housing Rate. Since the rent per square meter for Ququri’s apartments is roughly double that of an average apartment in Tokyo, and since so many can be fitted in to a limited plot of land, owners are … Distance from nearest station (measured by number of minutes to walk to station), Construction material (wood, reinforced concrete, steel-reinforced concrete, steel frame), Floor number (the higher the floor, the higher the rent. The median studio apartment rent here is ¥84,900 and median 1K rent is ¥87,800, both in Toshima Ward, which includes Ikebukuro. [citation needed] Each year, this agreement is re-negotiated, and the renter pays an additional month's rent as a fee. For both of those rankings, stations in the central wards of Minato, Shibuya, and Chiyoda, fill up almost all of the top ten. Both of these stations are in Toshima Ward and just three stops out, or one stop out, of Ikebukuro, respectively. pet-friendly apartments on Real Estate Japan, National Association of Real Estate Transaction Associations, Study Japanese in Tokyo at ARC Tokyo Japanese Language School – 3 Neighborhoods to Commute From. Apartments Tokyo assists well to do clients and expatriates in their search for high-end rental property, homes for purchase and investment property in the central Tokyo area. Long-term rental apartments in Japan come unfurnished and do not include a refrigerator and washing machine, unless otherwise stated in the listing. It came in at number 10, with apartments for rent in Tokyo at a monthly average of US$1,903 – that’s around ¥203,730 – for a “typical” two-bedroom apartment. Known worldwide as an expensive city, it is not surprising that Tokyo makes the list of the world’s highest average monthly rents in Deutsche Bank’s 2019 edition of its annual Mapping the World’s Prices report. Minato Ward, which is home to many iconic high-end residential and commercial neighborhoods (including Akasaka, Aoyama, Azabu Juban, Omotesando, Roppongi, and Shirokane) and many foreign company headquarters and embassies has the highest average rent overall, regardless of the layout except for 4LDK apartments. Typically you’ll see a combination of numbers and letters to indicate how many rooms there are in total e.g., 1K = 1 room and a kitchen, 3DK = 3 rooms, a dining room, and a kitchen. Tabata is the only Yamanote line station in Kita Ward. Living further away from a train station will also save you money. The average rent for the 23 wards increased by 2.7 percent on quarter and 3.6 percent year on year. 1,944 sq. Within Tokyo’s 23 wards (or local administrative districts) five are considered the center: Chuo Ward, Minato Ward, Chiyoda Ward, Shibuya Ward, and Shinjuku Ward. For 1Ks, the median is ¥99,700, in Shinagawa Ward. The cheapest option is Tabata, at ¥77,750 for one-room apartments and ¥112,600 for mid-size rentals. Move-in costs for Japanese apartments are also much higher than in most countries, averaging between 5.5 and 7 months of rent. Tokyo is the most expensive city in which to rent. If you choose a reliable train line and a biggish station, there’s not much difference in lifestyle. According to the Savills research, even rents in humble Katsushika grew in the first quarter–by almost 10.0 percent on quarter! Tokyo Metropolis is the capital and most populous prefecture of Japan. The central wards lead the rankings for these, too. As an example, the train ride from Kameari in Katsushika Ward to Shimbashi in Minato Ward takes about 40 minutes. ft. - 180.58 m 2. By GaijinPot Blog It came in at number 10, with apartments for rent in Tokyo at a monthly average of U.S.$1,903 – that’s around ¥203,730 – for a “typical” two-bedroom apartment. This is the first time in 5 months that the average rent has fallen below the 2,600 Yen/sqm line, and is due to both a smaller share of listings in the Tokyo … 7 min read, what you need to rent an apartment in Japan, Apartments to Rent for Less Than ¥100,000 in Adachi—December 2020, A Coronavirus Christmas: How Foreign Teachers are Coping Without Going Home for the Holidays, Tokyo’s Club Kids: The Avant-Garde of Gender-Bending Fashion and Drag. The lowest average monthly 1K rent is ¥68,300 in Edogawa Ward. Here is a list of the average rent in Tokyo. For studio apartments, the median in this range is ¥97,300 a month, in Shinjuku Ward. ¥800,000 JPY. Landlords and property owners usually allow tenants to have one small cat or dog and require at least one-month additional deposit for your canine or feline companion. Could find out suitable property through apartments Tokyo prices of more than 10 minutes away from a station. 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