Tokyo, Japan
Property prices · 2025 · Asia · Price +4% vs 2024
Property price trend in Tokyo (2024–2026)
Property comparison — cities in Japan (2025)
| City | Centre /sqm | Outside /sqm | 1-Bed Rent | vs Tokyo |
|---|---|---|---|---|
| Tokyo | JPY 1,248,000 | JPY 780,000 | JPY 156,000 | — |
| Yokohama | JPY 997,500 | JPY 714,000 | JPY 136,500 | -20.1% |
| Osaka | JPY 811,200 | JPY 499,200 | JPY 104,000 | -35% |
| Nagoya | JPY 756,000 | JPY 546,000 | JPY 110,250 | -39.4% |
| Fukuoka | JPY 630,000 | JPY 451,500 | JPY 92,400 | -49.5% |
| Sapporo | JPY 472,500 | JPY 336,000 | JPY 75,600 | -62.1% |
Other Asia cities (2025)
Frequently asked questions
How much does property cost in Tokyo in 2025?
In Tokyo, the average price per sqm in the city centre is JPY 1,248,000, and JPY 780,000 outside the centre (2025 data). Prices have risen 7% since 2024.
How much is rent in Tokyo in 2025?
A 1-bedroom apartment in Tokyo rents for approximately JPY 156,000 per month in 2025. A 3-bedroom apartment costs around JPY 291,200/month.
Is it better to buy or rent in Tokyo?
Renting is generally more cost-effective in Tokyo. The price-to-rent ratio is 35.0x — it would take approximately 35.0 years of rental payments to equal the property purchase price. Current mortgage rates are approximately 1.50%.
What are mortgage rates in Japan in 2025?
The average mortgage rate in Japan is approximately 1.50% as of 2025. With a price-to-rent ratio of 35.0x, buyers should carefully weigh mortgage costs against rental savings.
How have property prices in Tokyo changed?
Property prices in Tokyo have changed +4% vs 2024. Since 2024, prices have increased by 7%. Use the year tabs above to compare prices across years.
What is the price per sqm in Tokyo?
The average property price per square metre in Tokyo city centre is JPY 1,248,000 in 2025. Outside the centre, expect to pay around JPY 780,000/sqm.