GITNUX MARKETDATA REPORT 2024

Statistics About The Average Rent In Japan

The average rent in Japan varies depending on location and size of the property, with central areas of major cities such as Tokyo having higher rental prices compared to rural or suburban areas.

In this post, we will explore the average rent landscape in Japan based on various statistics and data from different regions across the country. From the bustling city centres of Tokyo and Osaka to the serene suburbs of Saitama and Yokohama, we will delve into the diverse rental market in Japan and provide insights into the cost of living in different areas. Let’s dive into the numbers and uncover the average rent trends in Japan for 2020.

Statistic 1

"The average monthly rent in Japan was estimated at around 83,289 Japanese yen, or roughly 750 USD, in 2020."

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Statistic 2

"The average monthly rent in Osaka, Japan, was estimated to be around 72,000 yen, or 660 USD, in 2020."

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Statistic 3

"Monthly rent for a 45 m2 (480 Sqft) furnished studio in an EXPENSIVE area costs around ¥210,556."

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Statistic 4

"Monthly rent for a 45 m2 (480 Sqft) furnished studio in a NORMAL area costs around ¥144,713."

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Statistic 5

"In 2019, Shibuya had the most expensive average rent in Japan at roughly 164,000 yen a month."

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Statistic 6

"In 2019, Kita Ward in Tokyo had the lowest average rent, which was approximately 62,500 yen per month."

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Statistic 7

"The average price of monthly rent in Kanagawa was 834.7 USD in 2020."

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Statistic 8

"Fukuoka prefecture has an average monthly rent of around 58,000 yen."

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Statistic 9

"The average rent in Tokyo for a single bedroom apartment in city centre is around 122,879 yen per month."

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Statistic 10

"The average rent in Tokyo for a single bedroom apartment outside of city centre is around 79,682 yen per month."

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Statistic 11

"Osaka has the second highest rents after Tokyo with average rent standing at 72,000 yen per month in 2020."

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Statistic 12

"Rent in Japan is generally around 26.35% lower than in the United States."

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Statistic 13

"The average rent in Yokohama for a single bedroom apartment in the city centre is around 85,833 yen per month."

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Statistic 14

"The average rent in Yokohama for a single bedroom apartment outside of city centre is around 53,636 yen per month."

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Statistic 15

"The average rent for apartments in Saitama is approximately 66,000 yen per month."

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Statistic 16

"The average monthly rent in Chiba, a city near Tokyo, is 62,000 yen."

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Statistic 17

"The average monthly rent of a one-bedroom apartment in the city centre of Hiroshima is 50,000 yen."

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Statistic 18

"The average rent of a one-bedroom apartment outside of center in Hiroshima is approximately 35,000 yen."

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Statistic 19

"The average monthly rent for a three-bedroom apartment in the city centre in Kyoto is approximately 190,980 yen."

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In conclusion, the statistics presented highlight the varied landscape of rental prices across different regions in Japan. Tokyo and Osaka emerge as the cities with the highest average rents, with Shibuya and Kita Ward showcasing the extremes within these cities. While average rents in Japan were notably lower compared to the United States, there were significant differences in rental prices between city centers and outer areas, as seen in Yokohama and Kyoto. Fukuoka and Chiba represented more affordable options, while Hiroshima displayed differences in rent prices based on proximity to the city center. Overall, these statistics offer valuable insights into the housing market in Japan, reflecting the diversity in rental costs based on location and property type.

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