Average rent in the northern wards is lower than for the 23 Wards as a whole. The cheapest option is Tabata, at ¥77,750 for one-room apartments and ¥112,600 for mid-size rentals. Living further away from a train station will also save you money. 4 min read. Private Serviced Apartment in Yoyogi Shibuya-ku, Tokyo. You can read more about finding an apartment in Japan in our Japan 101: Moving In and Moving Out section. The median studio apartment rent here is ¥74,900 and median 1K rent is ¥82,000, both in Kita Ward, which includes Tabata station on the Yamanote line. Consequently, if you want the advantage of living on the Yamanote, without breaking the bank, go north. If you live near a Yamanote line station, you can conveniently get almost anywhere in Tokyo. A healthier alternative to boring old burger buns. #9 Best Value of 10 Japanese Guest Houses in Shibuya. First-floor apartments are on average less expensive), Corner unit (corner units have higher average rent than middle units on the same floor), Direction facing (south-facing apartments on average have higher rent), Examples include pre-installed A/C unit, auto lock, on-site building manager, garbage room, whether is a balcony and size of balcony, availability of on-site parking, availability of, Least expensive average monthly rent 1R: Katsushika ==> Â¥52,600, Most expensive average monthly rent 1R: Minato ==> Â¥127,100, Least expensive average monthly rent 1K / 1DK: Katsushika ==> Â¥59,900, Most expensive average monthly rent 1K / 1DK: Minato ==> Â¥128,800, Least expensive average monthly rent 1LDK / 2K / 2DK: Katsushika ==> Â¥69,700, Most expensive average monthly rent 1LDK / 2K / 2DK : Minato ==> Â¥248,000, Average monthly rent 1LDK / 2K / 2DK: Â¥120,974, Least expensive average monthly rent 2LDK / 3K / 3DK: Adachi ==> Â¥97,500, Most expensive average monthly rent 2LDK / 3K / 3DK : Minato ==> Â¥468,600, Average monthly rent 2LDK / 3K / 3DK: Â¥181,996, Least expensive average monthly rent 3LDK / 4K / 4DK: Adachi ==> Â¥122,300, Most expensive average monthly rent 3LDK / 4K / 4DK : Minato ==> Â¥866,200, Average monthly rent 3LDK / 4K / 4DK: Â¥266,352, Least expensive average monthly rent 4LDK and above: Sumida ==> Â¥159,300, Most expensive average monthly rent 4LDK and above : Minato ==> Â¥1,730,000, Average monthly rent 4LDK and above: Â¥456,886. What are the move-in costs to rent an apartment in Japan? Most apartments in Japan do not allow pets, but you can find pet-friendly apartments on Real Estate Japan and also at bricks-and-mortar rental agencies by making it a search criteria. The average rent in Tokyoâs 23-ku was 3,191 Yen/sqm, up 1.3% from the previous month and up 3.6% from last year. Historic Shibuya was the site of a castle that the Shibuya resided in throughout the Edo period. We provide information about rental office spaces in Shibuya-ku (e.g. They are also the most expensive places to live in Tokyo. Apartments for rent in Shibuya, Tokyo. It surrounds the center of the city and connects most of its major stations and urban centers. Just hover your mouse over a neighbourhood and adjust the room size slider to find the estimated average rent in that particular area. You can also look for women-only houses, rent price, vacancy information, room size, and other search options. Here you can find the most popular/high-end/luxurious apartments, condos, and houses that are available for rent. Rents for all these four stations rank low for all rental sizes, as does Shin-Okubo, in Shinjuku Ward. Tokyo Expat Areas and Housing Rate. There, the average person pays 1.5 times as much as the general average, or 120,000 yen (about US$1,100). An influx of families and elderly people to these wards has the Tokyo government predicting the population there will rise beyond 2025, to a collective total of around 635,000 in 2040, up about 40 percent from January 2017. the population [in Chiyoda, Chuo and Minato wards] will rise beyond 2025, to a collective total of around 635,000 in 2040, up about 40% from January 2017. Quick application and No guarantor required. Rent-wise that means that, for the time being at least, the only way is up. However, if you are commuting to the city center for work or school, the trade off is more time on the train. The price of an apartment will vary depending on its features, the age of the building, and distance from the train station. It came in at number 10, with apartments for rent in Tokyo at a monthly average of US$1,903 – that’s around ¥203,730 – for a “typical” two-bedroom apartment. A one-bedroom apartment with a living room, a dining room, and a kitchen costs ¥293,400 a month in Minato Ward, but just ¥95,700 in Katsushika Ward. Similarly, Bunkyo Ward, with its reputation for good Japanese schools, ranks 6th for 2K and 5th for 2DK, beating out Meguro Ward, which falls to 8th place in both these categories. Move-in costs for Japanese apartments are also much higher than in most countries, averaging between 5.5 and 7 months of rent. The ideal commute would take you swiftly to and from work and other favorite spots, too. Check out these affordable options available for around ¥100,000 in the vibrant Ueno and Asakusa areas. The second-cheapest place for one-room apartments is Komagome station, at ¥80,350, and in fourth place, at ¥81,700, is Otsuka. Good luck with your search! The annual average rent in Tokyo's Shibuya district rose to approximately 25.2 thousand Japanese yen per tsubo in 2019. Before we start you should know that terms for Japanese apartment layouts are different from what you might be used to. Musashi-Koyama in Shinagawa Ward If you love to shop, consider residing in Musashi-Koyama located along the Tokyu Meguro Line. Family of four estimated monthly costs are 4,275.35$ (446,213.70¥) without rent (using our estimator). It’s on both the Yurakucho and Fukutoshin subway lines. Shibuya Ward comes in next, at ¥119,100, followed by Minato Ward at ¥117,500, based on figures collated from data on Japanese online real estate companies’ websites. Rent in Tokyo is, on average, 57.44% lower than in New York. Prices drop once apartments get more than 10 minutes away from a station. Rent 252,000 - 735,000 JPY/Month Area Shibuya Area Layout Studio - 2Bedroom Discount Available Now Special Offer Special Offer 360 Panorama 360 Panorama. Global real estate firm Savills, citing the continued popularity of central living and a steady national economy, says “rents should continue to rise in the 23W (wards), and perhaps more rapidly in the C5W, where supply is tighter and demand is stronger.”. For both of those rankings, stations in the central wards of Minato, Shibuya, and Chiyoda, fill up almost all of the top ten. Average rent for a studio apartment: 84,000 yen/month Finally, a neighborhood with an average rent below 100,000 yen per month! Chiyoda Ward tops the list with a monthly rent of ¥123,800 for an apartment with one bedroom and a kitchen, labeled a 1K in Japanese real estate terminology. Tokyo’s 23 Special Wards (Ku in Japanese). Featuring: Mt. Looking for a stylish share house with an easy commute to Shinjuku? Read more 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. Setagaya Ward ranks 14th highest for rent for 1R and 1K places, but for larger apartments, it comes in at 9th or 10th, probably because of its popularity among families for its quiet, safety and many parks. Tokyo makes the list of the world’s highest average monthly rents. One of the most useful lines is Japan Railway’s Yamanote loop line. Show Prices . (More on that later.) You can also look for women-only houses, rent price, vacancy information, room size, and other search options. What do the worst homes in japan look like? Average rent in the Tokyo 23 Wards varies widely, depending on the location of the apartment and layout, among many other factors. Of course, it depends on what your priorities are which is perhaps the key to all real estate decisions. We here provide guidance about residential properties for foreign expats. Nov 25, 2020 Tabata is the only Yamanote line station in Kita Ward. Just outside the center, the average rent drops by a little. So much so that it is introducing restrictions on the development of family-type apartments, following a surge in the population of young families that is putting a strain on its nurseries and elementary schools. Rents in the central five wards (C5W) rose by 2.6 percent quarter-on-quarter and 3.2 percent year-on-year in the first period of 2019, Savills says in its Residential Leasing report on the metropolis. Rent for a two-bedroom apartment with a kitchen (2K) costs ¥149,400 in Chiyoda Ward but just ¥65,600 in Adachi Ward. In Tokyo, lies Shibuya, one of the most vibrant shopping districts Japan has to offer. Location is everything in real estate, right? Rental office space search engine, officee, allows you to hunt the best office from location areas, train lines, and maps. Source: National Association of Real Estate Transaction Associations (å ¨å½å® å°å»ºç©åæ¥åä¼é£åä¼), July 2020. You could consider living outside the 23 wards. (Meguro station, which is actually just over the border in Shinagawa, jumps in at seventh spot for both.). Another approach to apartment hunting is to search by train line. Nearest Station Shibuya Station (8 min. Differences in lifestyle priorities between renters sees Tokyo station (Chiyoda Ward) ranked 11th place (at ¥180,300) for the mid-sized category, but last (at ¥124,000) for 2LDKs and up. “One year has now elapsed since the C5W surpassed its Q3/2008 level, and 23W rents are now steadily approaching their own high water mark,” Savills says. Least expensive average monthly rent 1K / 1DK: Katsushika ==> ¥59,900; Most expensive average monthly rent 1K / 1DK: Minato ==> ¥128,800 Apartments in Japan can be rented for the long-term (with a standard lease of two years) and short-term. By continuing browsing this website, you agree to â¦ 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. Ebisu), Minato-ku (e.g. Analysis of prices for investment in residential properties in Tokyo, Japan. Although the order is somewhat different, the next set of five wards for both 1R and 1K apartments are the same. Takao, Park Hyatt Tokyo, New York Bar, Himitsudo, Shinjuku Gyoen National Garden, Little Nap Coffee Stand, Meiji Jingu Shrine, Fuglen Tokyo, Starbucks Coffee Shibuya Tsutaya, About Life Coffee Brewers, Akihabara, Senso-ji Temple, Cafe Kitsune Aoyama, Tinto Coffee, Asakusa, Daikanyama T-Site, Hacienda del cielo MODERN MEXICANO, The Ritz-Carlton, Tokyo, Aman Tokyo, Tokyo â¦ There are many factors that affect average rent. It was the highest amount recorded in the last ten years. 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