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Name: Price and rent per m² of 101 Tokyo stations
Creator: Tokyo Insights
License: https://creativecommons.org/licenses/by/4.0/

Four charts of Tokyo condo rents, prices and yields, station by station, from up to 153,075 listings we collect from the major Japanese portals. Take the image or the numbers for your article, report, newsletter or video.

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Rent per m² · 23 wards

Rent per m² of every station, ward by ward

Within one ward, the rent per m² can vary by more than 70% from one station to the next. Useful for any piece that compares Tokyo neighbourhoods.

Same ward, very different rents.Each dot is one station.Median monthly rent per m², management fee included, of every station with at least 30 condo listings (15 to 120 m²). Tokyo's 23 wards, sorted by ward median. a station the ward median

Minato

Chiyoda

Shibuya

Chuo

Shinagawa

Shinjuku

Bunkyo

Taito

Koto

Meguro

Sumida

Toshima

Nakano

Ota

Setagaya

Arakawa

Kita

Itabashi

Suginami

Nerima

Katsushika

Adachi +95%

Edogawa

Source: Tokyo Insights, 153,075 rental listings from the major Japanese portals, 446 stations, data as of 2026-10-30. A station is the one nearest to the listing, so a few sit just outside the ward border.

See the numbers by ward

Ward	Stations	Lowest	Ward median	Highest	Spread
Minato	26	¥5,412	¥6,003	¥7,918	+46%
Chiyoda	18	¥5,313	¥5,817	¥6,983	+31%
Shibuya	18	¥4,564	¥5,613	¥6,427	+41%
Chuo	21	¥5,140	¥5,556	¥6,507	+27%
Shinagawa	26	¥4,469	¥5,294	¥6,192	+39%
Shinjuku	25	¥4,363	¥5,256	¥6,511	+49%
Bunkyo	14	¥4,256	¥5,076	¥5,896	+39%
Taito	12	¥4,410	¥5,043	¥5,751	+30%
Koto	19	¥3,813	¥5,022	¥5,616	+47%
Meguro	9	¥4,474	¥4,971	¥6,052	+35%
Sumida	15	¥3,767	¥4,859	¥5,234	+39%
Toshima	20	¥3,744	¥4,536	¥5,667	+51%
Nakano	12	¥3,427	¥4,310	¥4,944	+44%
Ota	33	¥3,333	¥4,277	¥4,916	+47%
Setagaya	36	¥2,933	¥4,103	¥5,035	+72%
Arakawa	18	¥3,333	¥4,085	¥4,634	+39%
Kita	16	¥3,526	¥3,956	¥4,357	+24%
Itabashi	20	¥3,131	¥3,902	¥4,458	+42%
Suginami	19	¥2,996	¥3,884	¥4,454	+49%
Nerima	19	¥3,096	¥3,579	¥4,079	+32%
Katsushika	12	¥3,021	¥3,438	¥4,095	+36%
Adachi	26	¥2,149	¥3,396	¥4,184	+95%
Edogawa	12	¥2,469	¥3,232	¥3,440	+39%

Source: <a href="https://www.tokyo-insights.com/tokyo-station-data#ward-station">Tokyo Insights</a> (CC BY 4.0)

Walk time to the station

What each extra minute of walking does to rents and prices

Index by walk-time band, measured inside each station so that cheap and expensive areas do not mix. Prices fall faster than rents.

Away from the station, prices fall faster than rents.So the GRM gets lower, not higher.Median rent and price per m² by walk time, compared inside each station and indexed to the 0 to 5 minute band (= 100). Tokyo condos, 15 to 120 m². Rent per m² Price per m²

0-5 minGRM 100

100

6-10 minGRM 94

98.8

93.0

11-15 minGRM 88

91.7

81.1

16 min or moreGRM 84

80.1

67.0

Source: Tokyo Insights, 150,640 rental and 30,014 sale listings, data as of 2026-10-30. A station counts in a band when it has at least 15 rentals and 8 sales there. The 16+ band rests on only 36 stations for prices: read it as a direction, not a precise figure. A lower GRM beyond 11 minutes also comes with more vacancy risk.

See the numbers

Walk time	Rent index	Price index	GRM index	Stations (rent / price)
0-5 min	100	100	100	430 / 338
6-10 min	98.8	93	94.1	395 / 275
11-15 min	91.7	81.1	88.4	243 / 113
16 min or more	80.1	67	83.6	86 / 36

Source: <a href="https://www.tokyo-insights.com/tokyo-station-data#walk-time">Tokyo Insights</a> (CC BY 4.0)

Gross yield

The 10 highest and 10 lowest gross yields in Tokyo

Gross yield by station for condos of the same size and age on the sale and rental side, so the comparison is fair.

Same city, more than twice the yield.It depends on the station.Gross yield (annual rent ÷ price) of the 10 highest and 10 lowest of 101 Tokyo stations, for condos of 40 to 90 m² and 10 to 24 years old. Rent includes the management fee. gross yield Tokyo median, 2.9%

Highest yield

Minami-Senju Arakawa4.7%

Rokucho Adachi4.5%

Takenotsuka Adachi4.5%

Umejima Adachi4.2%

Nishi-magome Ota4.1%

Minowa Taito3.9%

Kasai Edogawa3.9%

Machiya Arakawa3.8%

Kita-ayase Adachi3.8%

Oji-kamiya Kita3.6%

Lowest yield

Iidabashi Chiyoda2.0%

Roppongi Minato2.0%

Akasaka Minato2.1%

Daikan-yama Shibuya2.1%

Shirokanedai Minato2.1%

Hanzomon Chiyoda2.1%

Akabanebashi Minato2.2%

Kamiyacho Minato2.2%

Hamamatsucho Minato2.3%

Azabu-juban Minato2.3%

Source: Tokyo Insights, 4,757 sale and 6,630 rental listings, data as of 2026-10-30. A station is included with at least 15 sales and 30 rentals in that size and age band. Comparing units of the same age and size on both sides matters: without it, the top yield came out at 6.5% instead of 4.7%. Gross yield ignores vacancy, charges and tax.

Source: <a href="https://www.tokyo-insights.com/tokyo-station-data#station-yield">Tokyo Insights</a> (CC BY 4.0)

Price, rent and GRM

Price and rent per m² of 101 Tokyo stations

Each station placed by its price and its rent per m², with GRM bands (price ÷ monthly rent) to read the yield at a glance.

Each diagonal is a GRM corridor.Stations above a line earn more rent for their price.Median price per m² and monthly rent per m² (management fee included) of 101 Tokyo stations, for condos of 40 to 90 m² and 10 to 24 years old on both sides. Median GRM: 408.

GRM 300GRM 400GRM 500

Price per m² →

↑ Rent per m² per month

Source: Tokyo Insights listings, data as of 2026-10-30. A station is included with at least 15 sales and 30 rentals in that size and age band. GRM = price ÷ monthly rent: a lower GRM means a higher gross yield (GRM 300 ≈ 4.0%, 400 ≈ 3.0%, 500 ≈ 2.4%).

See all 101 stations, lowest GRM first

Station	Ward	Price /m²	Rent /m²	GRM	Gross
Minami-Senju	Arakawa	¥1.12M	¥4,399	255	4.7%
Rokucho	Adachi	¥0.65M	¥2,463	264	4.5%
Takenotsuka	Adachi	¥0.62M	¥2,328	267	4.5%
Umejima	Adachi	¥0.76M	¥2,698	284	4.2%
Nishi-magome	Ota	¥1.08M	¥3,680	295	4.1%
Minowa	Taito	¥1.21M	¥3,961	306	3.9%
Kasai	Edogawa	¥0.84M	¥2,714	308	3.9%
Machiya	Arakawa	¥1.19M	¥3,726	318	3.8%
Kita-ayase	Adachi	¥0.86M	¥2,690	320	3.8%
Oji-kamiya	Kita	¥0.96M	¥2,898	330	3.6%
Chitose-Funabashi	Setagaya	¥1.32M	¥3,943	335	3.6%
Iriya	Taito	¥1.43M	¥4,204	341	3.5%
Chitose-karasuyama	Setagaya	¥1.06M	¥3,076	343	3.5%
Otsuka	Toshima	¥1.69M	¥4,801	353	3.4%
Shin-okachimachi	Taito	¥1.76M	¥4,901	359	3.3%
Funabori	Edogawa	¥1.07M	¥2,936	363	3.3%
Kuramae	Taito	¥1.60M	¥4,393	364	3.3%
Shin-Koiwa	Katsushika	¥1.06M	¥2,921	364	3.3%
Nakano-sakaue	Nakano	¥1.67M	¥4,587	364	3.3%
Nishiarai	Adachi	¥1.08M	¥2,955	365	3.3%
Tabata	Kita	¥1.48M	¥4,058	365	3.3%
Ogikubo	Suginami	¥1.37M	¥3,731	367	3.3%
Morishita	Koto	¥1.62M	¥4,385	370	3.2%
Nerima	Nerima	¥1.29M	¥3,442	374	3.2%
Meguro	Shinagawa	¥2.16M	¥5,750	376	3.2%
Shinagawa Seaside	Shinagawa	¥1.66M	¥4,398	377	3.2%
Gotanda	Shinagawa	¥2.19M	¥5,777	379	3.2%
Nishi-shinjuku	Shinjuku	¥2.00M	¥5,263	379	3.2%
Bakurochō	Chuo	¥1.97M	¥5,184	381	3.1%
Shinagawa	Minato	¥2.00M	¥5,255	381	3.1%
Shintomicho	Chuo	¥2.08M	¥5,444	382	3.1%
Ryogoku	Sumida	¥1.69M	¥4,427	383	3.1%
Tatsumi	Koto	¥1.41M	¥3,653	385	3.1%
Tennozu Isle	Shinagawa	¥1.89M	¥4,897	385	3.1%
Shakujii-kōen Station	Nerima	¥1.25M	¥3,242	385	3.1%
Nishi-sugamo	Toshima	¥1.61M	¥4,161	386	3.1%
Kodemmacho	Chuo	¥2.12M	¥5,483	388	3.1%
Kameido	Koto	¥1.43M	¥3,695	388	3.1%
Fudo-mae	Shinagawa	¥2.07M	¥5,323	390	3.1%
Suitengumae	Chuo	¥2.01M	¥5,136	391	3.1%
Omote-sando	Minato	¥2.63M	¥6,725	392	3.1%
Asakusabashi	Taito	¥1.90M	¥4,815	394	3.0%
Toritsu-daigaku	Meguro	¥1.79M	¥4,534	394	3.0%
Edogawabashi	Bunkyo	¥1.95M	¥4,889	399	3.0%
Ueno	Taito	¥1.97M	¥4,938	400	3.0%
Tsukishima	Chuo	¥1.98M	¥4,941	400	3.0%
Kinshicho	Sumida	¥1.86M	¥4,647	401	3.0%
Toyosu	Koto	¥1.95M	¥4,844	402	3.0%
Shinsen	Shibuya	¥2.15M	¥5,333	403	3.0%
Hatchōbori	Chuo	¥2.10M	¥5,174	406	3.0%
Nakano	Nakano	¥1.81M	¥4,440	408	2.9%
Higashi-nakano	Nakano	¥1.89M	¥4,603	411	2.9%
Gakugei-daigaku	Meguro	¥1.87M	¥4,535	412	2.9%
Asakusa	Taito	¥1.70M	¥4,102	414	2.9%
Tamachi	Minato	¥2.32M	¥5,583	416	2.9%
Higashi-nihombashi	Chuo	¥2.07M	¥4,955	417	2.9%
Hamacho	Chuo	¥2.09M	¥4,989	419	2.9%
Akihabara	Chiyoda	¥2.10M	¥5,003	419	2.9%
Kachidoki	Chuo	¥2.13M	¥5,070	421	2.9%
Akebonobashi	Shinjuku	¥2.21M	¥5,244	422	2.8%
Suidobashi	Chiyoda	¥2.30M	¥5,425	423	2.8%
Nishi-shinjuku-gochome	Shinjuku	¥2.25M	¥5,270	426	2.8%
Korakuen	Bunkyo	¥2.23M	¥5,223	427	2.8%
Koiwa	Edogawa	¥1.04M	¥2,445	427	2.8%
Yotsuya-sanchome	Shinjuku	¥2.24M	¥5,245	428	2.8%
Nishi-Ogikubo	Suginami	¥1.39M	¥3,244	428	2.8%
Yoga	Setagaya	¥1.68M	¥3,912	429	2.8%
Komazawa-daigaku	Setagaya	¥1.66M	¥3,870	430	2.8%
Hiro-o	Shibuya	¥2.65M	¥6,109	434	2.8%
Shibuya	Shibuya	¥2.86M	¥6,487	440	2.7%
Ebisu	Shibuya	¥2.89M	¥6,561	441	2.7%
Myogadani	Bunkyo	¥2.03M	¥4,600	441	2.7%
Sangen-jaya	Setagaya	¥1.97M	¥4,412	446	2.7%
Nogizaka	Minato	¥2.76M	¥6,190	446	2.7%
Hatsudai	Shibuya	¥2.10M	¥4,693	447	2.7%
Sengoku	Bunkyo	¥2.11M	¥4,657	454	2.6%
Shirokane-takanawa	Minato	¥2.57M	¥5,642	455	2.6%
Osaki	Shinagawa	¥2.69M	¥5,864	458	2.6%
Oimachi	Shinagawa	¥2.26M	¥4,915	459	2.6%
Tsukiji	Chuo	¥2.48M	¥5,405	459	2.6%
Sakura-shimmachi	Setagaya	¥1.82M	¥3,945	461	2.6%
Hongo-sanchome	Bunkyo	¥2.33M	¥5,051	462	2.6%
Kasuga	Bunkyo	¥2.34M	¥4,983	469	2.6%
Ningyōchō	Chuo	¥2.47M	¥5,234	472	2.5%
Ikebukuro	Toshima	¥2.33M	¥4,851	481	2.5%
Yoyogi	Shibuya	¥3.05M	¥6,245	489	2.5%
Takadanobaba	Shinjuku	¥2.28M	¥4,625	492	2.4%
Ikejiri-ohashi	Meguro	¥2.65M	¥5,386	493	2.4%
Naka-meguro	Meguro	¥2.72M	¥5,450	499	2.4%
Ichigaya	Chiyoda	¥2.78M	¥5,496	506	2.4%
Musashi-koyama	Shinagawa	¥2.13M	¥4,201	506	2.4%
Azabu-juban	Minato	¥3.63M	¥7,038	516	2.3%
Hamamatsucho	Minato	¥3.09M	¥5,922	522	2.3%
Kamiyacho	Minato	¥3.78M	¥6,919	547	2.2%
Akabanebashi	Minato	¥3.44M	¥6,293	547	2.2%
Hanzomon	Chiyoda	¥3.53M	¥6,243	566	2.1%
Shirokanedai	Minato	¥3.16M	¥5,569	567	2.1%
Daikan-yama	Shibuya	¥3.84M	¥6,625	579	2.1%
Akasaka	Minato	¥4.05M	¥6,979	580	2.1%
Roppongi	Minato	¥4.18M	¥7,130	586	2.0%
Iidabashi	Chiyoda	¥3.32M	¥5,556	598	2.0%

Source: <a href="https://www.tokyo-insights.com/tokyo-station-data#station-grm">Tokyo Insights</a> (CC BY 4.0)

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