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Shinjuku

新宿区

Tokyo's busiest station and Kabukicho's neon. But also quiet residential pockets in Kagurazaka and Waseda. Korea Town in Shin-Okubo.

Rent averages

¥128,092

1LDK

¥210,699

2LDK

¥316,405

Zero key money

41%

of listings require no key money

Active listings

1,706

apartments currently available

Avg building age

10 years

across all listed properties

Foreigner-friendly

High

based on acceptance data

Median condo

¥42M

Price per m²

¥1,491,474

Rental yield

4.14%

Based on MLIT government transaction data (2025-Q2). Higher yield = landlords more motivated to fill vacancies.

Based on a 1K at ¥128,092/month

First month¥128,092

Deposit (1 mo)¥128,092

Key money (1 mo)¥128,092

Agent fee (1 mo)¥128,092

Guarantor (0.5 mo)¥64,046

Insurance¥18,000

Lock change¥20,000

Total ¥614,414

41% of Shinjuku listings have zero key money — your actual cost could be lower.

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