With rents and consumer prices continuing to rise in Tokyo, tenants are increasingly seeking out more affordable housing options. This is evidenced by a steep increase in inquiries on 'apaato' compared with 'mansion' type rental listings.
According to real estate listing portal AtHome, inquiries on apaato-type listings in Tokyo's 23 wards for the month of July were up 59% year-on-year while those for mansion-type listings increased by 25%.