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Overview of Tokyo Rental Prices

In a recent report released by LIFULL, a leading real estate and housing information service in Japan, the rental prices for family-oriented properties in Tokyo’s 23 wards have reached an all-time high. The LIFULL HOME'S Market Report, published in January 2026, reveals that the listed rental prices have been rising for 18 consecutive months. Specifically, the average listed rental price is now an astonishing ¥252,464, reflecting a 13.4% increase compared to the same month last year.

Significant Findings

Family-Oriented Rentals

• - Current Listed Rental Price: ¥252,464
• - Yearly Increase: 13.4%
• - Average Response Rental Price: ¥184,892 (a 6.1% increase year-on-year)

The report shows that listings for family-sized units, which include 2DK, 2LDK, and larger spaces, are affecting rental demand significantly. The gap between listed and response rental prices has widened, with the difference now hitting ¥67,572, indicating a competitive rental market for families.

Single-Oriented Rentals

• - Current Listed Rental Price for Singles: ¥125,814
• - Yearly Increase: 18.5%
• - Average Response Rental Price: ¥95,785 (a 2.3% increase from last year)

For singles searching for smaller units such as one-room or 1K apartments, the rental prices have also reached record highs. This sector sees a similar pattern where the gap between listed and actual rental prices continues to grow, currently showing a difference of ¥30,029.

Insights on Rental Market Trends

The continuous increase in rental prices not only reflects a heightened demand in Tokyo's central wards but also points toward a growing trend where families and individuals are seeking urban accommodations that meet their needs. The average rental price in the Greater Tokyo Area now stands at ¥120,568, marking a 13.1% rise, exceeding ¥120,000 for the first time. Such trends illustrate how the increasing demand for urban living spurs rental prices higher than ever.

Understanding the Data

The LIFULL HOME'S Market Report aggregates rental data based on properties listed on their platform, which includes essential metrics such as area size, distance from the nearest station, and property age. The dataset compiled offers valuable insights into the evolving rental landscape in Tokyo.

For those interested in a deeper dive, specific data sets are available for free download, detailing monthly trends from 2020 onwards, further empowering prospective renters with the latest market intelligence.

Conclusion

As rental prices in Tokyo's 23 wards continue their upward trajectory, both prospective renters and investors must remain informed about these developments. LIFULL remains committed to providing comprehensive resources in navigating the complexities of real estate in Japan, aiding individuals and families in realizing their living aspirations. With the market evolving rapidly, understanding these trends is crucial for making informed decisions in the housing market.

To learn more, visit LIFULL HOME'S for updates and insights.