Rents Rising in April? Let’s Unpack the Trend

The rental market across Tokyo’s 23 wards is shifting dramatically in spring 2025.
Traditionally, rental prices ease after the March move-in season—but this year, studio apartment rents have continued to rise, marking an 11-month streak of record highs.

According to leading real estate platform “At Home,” the average advertised rent for studio-type apartments (under 30㎡) hit ¥99,955, up 0.9% from the previous month.

Why Are Rents Rising in April? 3 Key Factors

1. Prolonged High-Demand Season

Although January to March is typically the peak season, this year saw strong demand carry over into April. More flexible job and school schedules have created extended moving windows.

2. Higher Moving Costs

With rising labor and transportation prices, many tenants are postponing moves to avoid peak-season fees, pushing more activity into April and beyond.

3. Landlords Becoming Aggressive with Pricing

Landlords now feel confident in the strong demand, prompting rent increases during re-listings. “Tenants will still pay,” is the prevailing sentiment—contributing to overall rent inflation.

Not Just Studios—Larger Units Are Rising Too

The rental price growth isn’t limited to small units:

  • Couple-size units (30–50㎡): ¥164,918 (+0.8%)
  • Family-size units (50–70㎡): ¥240,916 (+0.6%)

Both categories hit all-time highs, signaling broad strength in Tokyo’s rental housing market.

3 Key Takeaways for Investors

✅ Studio Apartments Remain a Strong Investment

With low vacancy rates and solid demand from singles, studio units offer reliable income—especially for first-time investors.

✅ “Hidden Gem” Areas Are Heating Up

Beyond core areas like Chiyoda and Minato, outer wards like Kita, Koto, and Itabashi are also showing rental gains. These areas may offer future appreciation potential.

✅ Rent Reassessment Can Improve Yield

Current property owners should consider adjusting rents upon renewal or re-listing to align with market rates—helping boost their ROI.

Final Thoughts: Urban Return Boosts Real Estate Prospects

Despite Japan’s shrinking population, Tokyo’s 23 wards continue to attract young professionals, foreign residents, and solo households.
This makes it an ideal time to consider income-producing real estate investments.

　📞 For inquiries about wealth-managed property investments, 　　　contact
　MIRABELL Corporation
　Contact: Mr. Masaru Ogawa
　Phone: 03-3261-5815
　Mobile: 080-6794-3089
　📩 Email: ogawa@mirabell.co.jp
　🌐 Chiyoda-ku Mansion Information Center
　English and Chinese support available. Broker fee negotiations welcome.

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