Office rent in main business districts of major cities in Japan 2014-2023, by city

Published by Statista Research Department, May 14, 2024

The annual average rent in Tokyo's central business district amounted to around 19.8 thousand Japanese yen per tsubo in 2023. This was almost 1.6 times as high as the average rent for office space in Japan's second most populous city Yokohama.

Average office rent in the central business districts (CBD) of major cities in Japan from 2014 to 2023, by city (in 1,000 Japanese yen per tsubo)

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Release date

April 2024

Region

Japan

Survey time period

2014 to 2023

Special properties

office rent of central business districts

Supplementary notes

Tsubo is an area unit in the Japanese system of weights and measures (1 tsubo equals around 3.31 square meters).

100 Japanese yen equal 0.64 U.S. dollars or 0.6 euros as of May 2024.

Figures have been rounded.

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