Average apartment rent in April 2017

According to Tokyo Kantei, the average monthly rent of a condominium apartment across greater Tokyo in April 2017 was 2,654 Yen/sqm, down 1.0% from the previous month and down 0.5% from last year. The average apartment size was 60.29 sqm and the average building age was 20.2 years.

In the Tokyo metropolitan area, the average monthly rent was 3,158 Yen/sqm, down 0.7% from the previous month but up 0.1% from last year. The average apartment size was 57.69 sqm and the average building age was 18.4 years.

In Tokyo’s 23 wards, the average monthly rent was 3,321 Yen/sqm, down 0.6% from the previous month but up 0.4% from last year.Read more