Price Guide 2026Japan

MinatoAverage Rent

Minato remains the undisputed heavyweight of Tokyo real estate, bolstered by the 'Azabudai Hills effect' which has recalibrated luxury benchmarks ward-wide. While rental supply is struggling to keep pace with the influx of international C-suite executives, the secondary sales market is seeing a flight to quality as buyers abandon older builds for seismically superior 'branded' residences. Despite an eye-watering average buy price of ¥2,450,000/m², the demand for trophy assets shows no signs of cooling. Verdict: A mandatory hold for wealth preservation, but entry-level investors are officially priced out of the core.

Avg Buy

¥2,450,000per m²

Avg Rent

¥7500per m²

Districts Analysed

1🏙️
01

Azabu-Juban

Ultra-Luxury

The neighborhood offers an unparalleled mix of historic Tokyo charm and the city's highest concentration of premium lifestyle amenities.

02

Toranomon

Corporate Elite

Massive commercial redevelopment has turned this into a world-class business hub, perfect for those wanting to walk to global headquarters.

03

Shibaura

Waterfront Living

Provides a modern high-rise lifestyle with bay views at a slightly more accessible entry point compared to the landlocked hills of central Minato.

1 Neighborhoods

Best Rental Neighborhoods

Top-rated zones for tenants

Frequently Asked Questions

Q:What are the 'Three Hills' of Minato and why do they matter?

Roppongi Hills, Toranomon Hills, and Azabudai Hills represent the pinnacle of integrated 'live-work-play' developments that drive the highest capital appreciation in the ward.

Q:Are there additional taxes for luxury properties in Minato?

While there is no specific 'Minato tax,' properties exceeding certain value thresholds may attract higher Fixed Asset and City Planning taxes based on their premium assessed value.

Q:How does the school district impact rental yields in Minato?

Proximity to elite international schools like ASIJ or Tokyo International School creates a 'rent floor' that keeps yields stable even during economic volatility.