To help you get the most out of your rent money, let’s go through the average cost for different neighborhoods in Tokyo, and some tips for finding the right place to live—for the right price.
Before we start you should know that terms for Japanese apartment layouts are different from what you might be used to. Typically you’ll see a combination of numbers and letters to indicate how many rooms there are in total e.g., 1K = 1 room and a kitchen, 3DK = 3 rooms, a dining room, and a kitchen.
Note that rent prices are per month, before utilities and other maintenance costs.
Tokyo is number 10 on the world’s highest average monthly rents by city
Known worldwide as an expensive city, it is not surprising that Tokyo makes the list of the world’s highest average monthly rents in Deutsche Bank’s 2019 edition of its annual Mapping the World’s Prices report.
It came in at number 10, with apartments for rent in Tokyo at a monthly average of U.S.$1,903 – that’s around ¥203,730 – for a “typical” two-bedroom apartment.
However, rents can differ greatly among the metropolis’ various neighborhoods, meaning that you can find a two-bedroom apartment with rent as low as ¥85,100—if you know where to look.
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