Tokyo: Cities with the highest residential land prices

Municipalities in Japan (wards of designated cities counted separately) ranked by the average price of residential survey sites.

Data last updated: November 2026 (Land Price Publication 2026, Prefectural Survey 2026, transactions through Q2 2026)

RankAreaCities: residential1 year5 yearsIndex
1Chiyoda Ward
Tokyo
¥3.88M/m² +12.2%+42.3% 97
2Minato Ward
Tokyo
¥3.03M/m² +14.6%+44.7% 99
3Chuo Ward
Tokyo
¥1.91M/m² +13.0%+42.0% 99
4Shibuya Ward
Tokyo
¥1.84M/m² +12.3%+44.4% 99
5Bunkyo Ward
Tokyo
¥1.44M/m² +15.7%+52.5% 99
6Meguro Ward
Tokyo
¥1.37M/m² +13.5%+46.1% 98
7Shinagawa Ward
Tokyo
¥1.24M/m² +13.8%+46.5% 99
8Taito Ward
Tokyo
¥1.20M/m² +18.5%+60.5% 99
9Shinjuku Ward
Tokyo
¥1.13M/m² +13.2%+45.9% 99
10Toshima Ward
Tokyo
¥935K/m² +13.9%+48.3% 99
11Nakano Ward
Tokyo
¥785K/m² +12.7%+46.5% 98
12Setagaya Ward
Tokyo
¥777K/m² +7.2%+24.6% 97
13Arakawa Ward
Tokyo
¥745K/m² +13.9%+47.4% 98
14Kita Ward
Tokyo
¥736K/m² +13.0%+45.4% 98
15Suginami Ward
Tokyo
¥726K/m² +10.8%+39.3% 98
16Koto Ward
Tokyo
¥694K/m² +13.2%+43.7% 99
17Musashino City
Tokyo
¥673K/m² +6.3%+25.0% 94
18Ota Ward
Tokyo
¥635K/m² +8.5%+31.1% 97
19Sumida Ward
Tokyo
¥621K/m² +13.9%+45.5% 98
20Itabashi Ward
Tokyo
¥560K/m² +9.9%+33.1% 97
21Mitaka City
Tokyo
¥486K/m² +5.6%+20.4% 93
22Nerima Ward
Tokyo
¥476K/m² +6.6%+23.1% 95
23Edogawa Ward
Tokyo
¥439K/m² +6.4%+24.6% 95
24Chofu City
Tokyo
¥428K/m² +5.9%+25.7% 94
25Kunitachi City
Tokyo
¥422K/m² +7.8%+25.2% 91
26Adachi Ward
Tokyo
¥413K/m² +6.6%+26.2% 95
27Koganei City
Tokyo
¥392K/m² +5.2%+17.1% 90
28Komae City
Tokyo
¥388K/m² +5.9%+23.1% 91
29Katsushika Ward
Tokyo
¥387K/m² +7.2%+25.9% 95
30Fuchu City
Tokyo
¥357K/m² +4.7%+23.0% 92
31Kokubunji City
Tokyo
¥346K/m² +7.5%+24.6% 93
32Nishitokyo City
Tokyo
¥324K/m² +4.2%+14.9% 90
33Tachikawa City
Tokyo
¥309K/m² +7.1%+24.5% 93
34Inagi City
Tokyo
¥268K/m² +3.8%+16.2% 87
35Kodaira City
Tokyo
¥259K/m² +3.3%+11.6% 87
36Higashikurume City
Tokyo
¥229K/m² +3.0%+10.9% 82
37Hino City
Tokyo
¥222K/m² +4.9%+16.2% 88
38Higashimurayama City
Tokyo
¥210K/m² +3.1%+11.4% 85
39Akishima City
Tokyo
¥210K/m² +3.8%+13.6% 85
40Kiyose City
Tokyo
¥206K/m² +2.8%+10.0% 82
41Tama City
Tokyo
¥200K/m² +3.8%+11.5% 84
42Higashiyamato City
Tokyo
¥180K/m² +2.6%+8.1% 81
43Fussa City
Tokyo
¥173K/m² +1.7%+7.3% 76
44Machida City
Tokyo
¥170K/m² +3.4%+9.3% 86
45Hamura City
Tokyo
¥147K/m² +1.3%+10.3% 74
46Hachioji City
Tokyo
¥136K/m² +4.4%+12.9% 86
47Musashimurayama City
Tokyo
¥127K/m² +2.3%+8.6% 74
48Mizuho Town
Tokyo
¥99K/m² +1.8%+8.5% 68
49Oume City
Tokyo
¥96K/m² +0.8%+5.6% 72
50Akiruno City
Tokyo
¥95K/m² +0.3%+3.1% 70
51Hinode Town
Tokyo
¥78K/m² +0.2%+4.4% 63
52Ogasawara Village
Tokyo
¥26K/m² ±0.0%±0.0% 48
53Okutama Town
Tokyo
¥26K/m² ±0.0%−0.7% 46
54Hinohara Village
Tokyo
¥19K/m² ±0.0%−0.5% 43
55Hachijo Town
Tokyo
¥8,825/m² −0.5%−1.5% 35
56Miyake Village
Tokyo
¥8,050/m² ±0.0%±0.0% 37
57Oshima Town
Tokyo
¥7,740/m² −0.8%−3.3% 28
58Kozushima Village
Tokyo
¥6,975/m² ±0.0%±0.0% 37
59Niijima Village
Tokyo
¥6,200/m² ±0.0%−1.7% 33

59 areas · calculated Nov 4, 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.