Sapporo, Japan
Property prices · 2024 · Asia
Property price trend in Sapporo (2024–2026)
Property comparison — cities in Japan (2024)
| City | Centre /sqm | Outside /sqm | 1-Bed Rent | vs Sapporo |
|---|---|---|---|---|
| Sapporo | JPY 450,000 | JPY 320,000 | JPY 72,000 | — |
| Tokyo | JPY 1,200,000 | JPY 750,000 | JPY 150,000 | +166.7% |
| Yokohama | JPY 950,000 | JPY 680,000 | JPY 130,000 | +111.1% |
| Osaka | JPY 780,000 | JPY 480,000 | JPY 100,000 | +73.3% |
| Nagoya | JPY 720,000 | JPY 520,000 | JPY 105,000 | +60% |
| Fukuoka | JPY 600,000 | JPY 430,000 | JPY 88,000 | +33.3% |
Other Asia cities (2024)
Frequently asked questions
How much does property cost in Sapporo in 2024?
In Sapporo, the average price per sqm in the city centre is JPY 450,000, and JPY 320,000 outside the centre (2024 data). Prices have risen 9.5% since 2024.
How much is rent in Sapporo in 2024?
A 1-bedroom apartment in Sapporo rents for approximately JPY 72,000 per month in 2024. A 3-bedroom apartment costs around JPY 118,000/month.
Is it better to buy or rent in Sapporo?
Renting is generally more cost-effective in Sapporo. The price-to-rent ratio is 25.0x — it would take approximately 25.0 years of rental payments to equal the property purchase price. Current mortgage rates are approximately 1.00%.
What are mortgage rates in Japan in 2024?
The average mortgage rate in Japan is approximately 1.00% as of 2024. With a price-to-rent ratio of 25.0x, buyers should carefully weigh mortgage costs against rental savings.
What is the price per sqm in Sapporo?
The average property price per square metre in Sapporo city centre is JPY 450,000 in 2024. Outside the centre, expect to pay around JPY 320,000/sqm.