According to Tokyo Kantei, the average monthly rent of a condominium apartment in greater Tokyo in March was 2,681 Yen/sqm, up 0.6% from the previous month and up 3.6% from last year. The average apartment size was 60.35 sqm and the average building age was 20.0 years.
In the Tokyo metropolitan area, the average monthly rent was 3,180 Yen/sqm, up 0.4% from the previous month but down 1.1% from last year. The average apartment size was 58.16 sqm and the average building age was 18.3 years.
In Tokyo’s 23 wards, the average monthly rent was 3,342 Yen/sqm, up 0.4% from the previous month but down 0.4% from last year. The average apartment size was 57.72 sqm and the average building age was 17.6 years.