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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

1K
¥125,251
1LDK
¥214,156
2LDK
¥335,718

Key stats

Zero key money
50%
of listings require no key money
Active listings
761
apartments currently available
Avg building age
13 years
across all listed properties
Foreigner-friendly
High
based on acceptance data

Investment snapshot

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.

Estimated move-in costs

Based on a 1K at ¥125,251/month

First month¥125,251
Deposit (1 mo)¥125,251
Key money (1 mo)¥125,251
Agent fee (1 mo)¥125,251
Guarantor (0.5 mo)¥62,626
Insurance¥18,000
Lock change¥20,000
Total ¥601,629.5

50% of Shinjuku listings have zero key money — your actual cost could be lower.

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