Municipalities ranked by the average price of commercial survey sites (yen per m²).
Data last updated: November 2026 (Land Price Publication 2026, Prefectural Survey 2026, transactions through Q2 2026)
| Rank | Area | Cities: commercial | Avg. residential | 1 year | 5 years | Index |
|---|---|---|---|---|---|---|
| 1 | Chuo Ward Tokyo |
¥10.3M/m² | ¥1.91M/m² | +13.0% | +42.0% | 99 |
| 2 | Shibuya Ward Tokyo |
¥8.88M/m² | ¥1.84M/m² | +12.3% | +44.4% | 99 |
| 3 | Minato Ward Tokyo |
¥7.30M/m² | ¥3.03M/m² | +14.6% | +44.7% | 99 |
| 4 | Chiyoda Ward Tokyo |
¥7.22M/m² | ¥3.88M/m² | +12.2% | +42.3% | 97 |
| 5 | Shinjuku Ward Tokyo |
¥6.35M/m² | ¥1.13M/m² | +13.2% | +45.9% | 99 |
| 6 | Toshima Ward Tokyo |
¥3.38M/m² | ¥935K/m² | +13.9% | +48.3% | 99 |
| 7 | Musashino City Tokyo |
¥2.67M/m² | ¥673K/m² | +6.3% | +25.0% | 94 |
| 8 | Meguro Ward Tokyo |
¥2.63M/m² | ¥1.37M/m² | +13.5% | +46.1% | 98 |
| 9 | Taito Ward Tokyo |
¥2.59M/m² | ¥1.20M/m² | +18.5% | +60.5% | 99 |
| 10 | Bunkyo Ward Tokyo |
¥2.38M/m² | ¥1.44M/m² | +15.7% | +52.5% | 99 |
| 11 | Shinagawa Ward Tokyo |
¥2.26M/m² | ¥1.24M/m² | +13.8% | +46.5% | 99 |
| 12 | Nakano Ward Tokyo |
¥2.17M/m² | ¥785K/m² | +12.7% | +46.5% | 98 |
| 13 | Tachikawa City Tokyo |
¥1.86M/m² | ¥309K/m² | +7.1% | +24.5% | 93 |
| 14 | Suginami Ward Tokyo |
¥1.57M/m² | ¥726K/m² | +10.8% | +39.3% | 98 |
| 15 | Kita Ward Tokyo |
¥1.56M/m² | ¥736K/m² | +13.0% | +45.4% | 98 |
| 16 | Setagaya Ward Tokyo |
¥1.37M/m² | ¥777K/m² | +7.2% | +24.6% | 97 |
| 17 | Arakawa Ward Tokyo |
¥1.33M/m² | ¥745K/m² | +13.9% | +47.4% | 98 |
| 18 | Koto Ward Tokyo |
¥1.32M/m² | ¥694K/m² | +13.2% | +43.7% | 99 |
| 19 | Mitaka City Tokyo |
¥1.24M/m² | ¥486K/m² | +5.6% | +20.4% | 93 |
| 20 | Ota Ward Tokyo |
¥1.17M/m² | ¥635K/m² | +8.5% | +31.1% | 97 |
| 21 | Sumida Ward Tokyo |
¥1.12M/m² | ¥621K/m² | +13.9% | +45.5% | 98 |
| 22 | Itabashi Ward Tokyo |
¥1.03M/m² | ¥560K/m² | +9.9% | +33.1% | 97 |
| 23 | Koganei City Tokyo |
¥1.00M/m² | ¥392K/m² | +5.2% | +17.1% | 90 |
| 24 | Nerima Ward Tokyo |
¥987K/m² | ¥476K/m² | +6.6% | +23.1% | 95 |
| 25 | Kokubunji City Tokyo |
¥964K/m² | ¥346K/m² | +7.5% | +24.6% | 93 |
| 26 | Chofu City Tokyo |
¥954K/m² | ¥428K/m² | +5.9% | +25.7% | 94 |
| 27 | Kunitachi City Tokyo |
¥922K/m² | ¥422K/m² | +7.8% | +25.2% | 91 |
| 28 | Edogawa Ward Tokyo |
¥880K/m² | ¥439K/m² | +6.4% | +24.6% | 95 |
| 29 | Adachi Ward Tokyo |
¥815K/m² | ¥413K/m² | +6.6% | +26.2% | 95 |
| 30 | Machida City Tokyo |
¥773K/m² | ¥170K/m² | +3.4% | +9.3% | 86 |
| 31 | Katsushika Ward Tokyo |
¥769K/m² | ¥387K/m² | +7.2% | +25.9% | 95 |
| 32 | Fuchu City Tokyo |
¥730K/m² | ¥357K/m² | +4.7% | +23.0% | 92 |
| 33 | Nishitokyo City Tokyo |
¥581K/m² | ¥324K/m² | +4.2% | +14.9% | 90 |
| 34 | Komae City Tokyo |
¥570K/m² | ¥388K/m² | +5.9% | +23.1% | 91 |
| 35 | Tama City Tokyo |
¥517K/m² | ¥200K/m² | +3.8% | +11.5% | 84 |
| 36 | Hachioji City Tokyo |
¥503K/m² | ¥136K/m² | +4.4% | +12.9% | 86 |
| 37 | Hino City Tokyo |
¥460K/m² | ¥222K/m² | +4.9% | +16.2% | 88 |
| 38 | Kiyose City Tokyo |
¥439K/m² | ¥206K/m² | +2.8% | +10.0% | 82 |
| 39 | Kodaira City Tokyo |
¥356K/m² | ¥259K/m² | +3.3% | +11.6% | 87 |
| 40 | Akishima City Tokyo |
¥355K/m² | ¥210K/m² | +3.8% | +13.6% | 85 |
| 41 | Higashimurayama City Tokyo |
¥351K/m² | ¥210K/m² | +3.1% | +11.4% | 85 |
| 42 | Higashikurume City Tokyo |
¥349K/m² | ¥229K/m² | +3.0% | +10.9% | 82 |
| 43 | Inagi City Tokyo |
¥337K/m² | ¥268K/m² | +3.8% | +16.2% | 87 |
| 44 | Fussa City Tokyo |
¥279K/m² | ¥173K/m² | +1.7% | +7.3% | 76 |
| 45 | Hamura City Tokyo |
¥227K/m² | ¥147K/m² | +1.3% | +10.3% | 74 |
| 46 | Higashiyamato City Tokyo |
¥205K/m² | ¥180K/m² | +2.6% | +8.1% | 81 |
| 47 | Oume City Tokyo |
¥192K/m² | ¥96K/m² | +0.8% | +5.6% | 72 |
| 48 | Musashimurayama City Tokyo |
¥152K/m² | ¥127K/m² | +2.3% | +8.6% | 74 |
| 49 | Akiruno City Tokyo |
¥152K/m² | ¥95K/m² | +0.3% | +3.1% | 70 |
| 50 | Mizuho Town Tokyo |
¥131K/m² | ¥99K/m² | +1.8% | +8.5% | 68 |
| 51 | Ogasawara Village Tokyo |
¥68K/m² | ¥26K/m² | ±0.0% | ±0.0% | 48 |
| 52 | Okutama Town Tokyo |
¥32K/m² | ¥26K/m² | ±0.0% | −0.7% | 46 |
| 53 | Oshima Town Tokyo |
¥26K/m² | ¥7,740/m² | −0.8% | −3.3% | 28 |
| 54 | Hachijo Town Tokyo |
¥23K/m² | ¥8,825/m² | −0.5% | −1.5% | 35 |
| 55 | Miyake Village Tokyo |
¥11K/m² | ¥8,050/m² | ±0.0% | ±0.0% | 37 |
| 56 | Kozushima Village Tokyo |
¥9,600/m² | ¥6,975/m² | ±0.0% | ±0.0% | 37 |
| 57 | Niijima Village Tokyo |
¥8,950/m² | ¥6,200/m² | ±0.0% | −1.7% | 33 |
57 areas · calculated Nov 5, 2026. Wards of designated cities are counted separately; areas with few survey sites are excluded.
Based on Japan's official land price surveys and MLIT transaction data, aggregated by Fudosan Zukan. Forecasts and the index are Fudosan Zukan indicators. Prices in Japanese yen.