According to Tokyo Kantei, the average monthly rent of a condominium in greater Tokyo was 2,613 Yen/sqm in March, down 0.5% from the previous month but up 0.5% from last year. The average apartment size was 59.77 sqm and the average building age was 18.8 years.

In the Tokyo metropolitan area, the average rent was 3,106 Yen/sqm, up 1.2% from the previous month and up 0.9% from last year. The average apartment size was 57.17 sqm and the average building age was 17.4 years.

Average monthly rent per sqm in March 2015:

Tokyo 23-ku 3,231 Yen (+0.9% from February; +1.3% from Mar. 2014)
Yokohama City 2,160 Yen (+2.5%; -1.7%)
Saitama City 1,789 Yen (+1.8%; -1.1%)
Chiba City 1,455 Yen (-0.8%; -6.9%)
Osaka City 2,183 Yen (+1.8%; +0.1%)
Kobe City 1,773 Yen (+0.7%; -3.4%)
Nagoya City 1,730 Yen (+2.2%; -0.4%)

*Data is based on the average advertised rent of family-type condominiums which may be higher than actual rent after negotiations. It does not include apartments less than 30 sqm in size, commercial or retail spaces.

Source: Tokyo Kantei, March 12, 2015.

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