In July 2026, the average rental price for properties in Tokyo's 23 wards reached 5,157 yen per square meter, marking a 0.8% increase from the previous month.

The demand for new properties is particularly high, with prices for properties built within the last five years continuing to rise. This trend presents challenges for international residents seeking affordable housing in the city.

Monitoring the market's trajectory will be crucial for potential renters and investors.