Niigata Remains at the Top for High Yield Rental Properties in 2025

Niigata City Retains Top Spot in Rental Property Yields

Niigata City has once again emerged as the leading location for high-yield rental properties in Japan, according to the '2025 High Yield Ranking of Rental Properties in Designated Cities' published by Kenbiya Corporation. This comprehensive ranking consolidates data from the period of January to June 2025, covering three types of residential investment properties: divided condominiums, entire apartments, and entire buildings. The results reflect Kenbiya's commitment to providing valuable insights into the real estate investment landscape.

Consistent Excellence in Rental Yields

For the second consecutive ranking, Niigata City has claimed the top position in all three property categories—divided condominiums, entire apartments, and entire buildings. Particularly notable is Niigata's remarkable consistency in performance, having recorded the highest yield in entire buildings for six consecutive periods since the second half of 2022. In the previous ranking, Kitakyushu City held the second spot in this category; however, it has now been surpassed by Okayama City, which took the second position.

Rising Properties and Market Trends

Among the 20 cities evaluated, it was found that rental yields had increased in nine cities for divided condominiums, eight for entire apartments, and eight for entire buildings. Notably, Sendai City experienced an uptick in all three categories, climbing from 10th to 5th place in the ranking of entire apartments. In contrast, Niigata, Shizuoka, and Kawasaki Cities saw a decline in rental yields.

Detailed Methodology for the Ranking

The ranking was based on rigorous data collected from Kenbiya, focusing on properties registered between January 1 and June 30, 2025. Key investigation criteria included investment yield (gross yield), property price, and the age of the buildings. For those interested in the deep dive of this analysis, a detailed report is available for download here on the Kenbiya website.

About Kenbiya Corporation

Kenbiya Corporation operates the investment property information site Kenbiya and LIFULL HOME’S Real Estate Investment, serving as a platform that strives to provide valuable information regarding real estate investments. By featuring insights from renowned real estate investors, news on investment trends, and seminar information, Kenbiya aims to equip investors with the tools necessary for making informed decisions in the real estate market.

You can find out more about Kenbiya here and about LIFULL HOME'S Real Estate Investment here.

About LIFULL Inc.

LIFULL Inc. is listed on the Tokyo Stock Exchange (Prime: 2120) and operates with a corporate philosophy of "Making all lifestyles fulfilling." The company strives to tackle various societal challenges through its diverse business ventures. These include real estate and housing information services with LIFULL HOME’S, regional revitalization through vacant home repurposing, and services tailored to senior living. LIFULL aims to enhance the quality of life for individuals, ensuring a society where peace and joy are integral to everyone’s lives. Learn more about LIFULL here.