Residential land prices in Tokyo's 23 wards

Tokyo's 23 special wards ranked by the average price of residential survey sites (yen per m²).

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

RankAreaTokyo 23 wards: 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
17Ota Ward
Tokyo
¥635K/m² +8.5%+31.1% 97
18Sumida Ward
Tokyo
¥621K/m² +13.9%+45.5% 98
19Itabashi Ward
Tokyo
¥560K/m² +9.9%+33.1% 97
20Nerima Ward
Tokyo
¥476K/m² +6.6%+23.1% 95
21Edogawa Ward
Tokyo
¥439K/m² +6.4%+24.6% 95
22Adachi Ward
Tokyo
¥413K/m² +6.6%+26.2% 95
23Katsushika Ward
Tokyo
¥387K/m² +7.2%+25.9% 95

23 areas · calculated Nov 3, 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.