Rent for residential property owned by J-REITs in Japan 2013-2022, by location

Published by Statista Research Department, Nov 9, 2023

In December 2022, the monthly rent for residential properties in Tokyo's 23 wards owned by Japanese real estate investment trusts (J-REITs) amounted to around 14.1 thousand Japanese yen per tsubo. Residential properties in Osaka City had a monthly rent of 9.6 thousand yen per tsubo.

Average monthly rent for residential buildings owned by real estate investment trusts (J-REITs) in Japan from 2013 to 2022, by location (in 1,000 Japanese yen per tsubo)

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Release date

October 2023

Region

Japan

Survey time period

2013 to 2022; monthly figures as of December each year

Supplementary notes

Tokyo 3CBDs includes Chiyoda ward, Minato ward and Chuo ward in Tokyo

The Tokyo Metropolitan Area includes the prefectures of Tokyo, Kanagawa, Saitama, and Chiba.

Tsubo is an area unit in the Japanese system of weights and measures (1 tsubo equals around 3.31 square meters).

100 Japanese yen equal 0.66 U.S. dollars or 0.63 euros as of November 2023.

Values have been rounded. 

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