The shared space or lobby of Branz Tower Wlellith Shinsaibashi South, located in the Shinsaibashi Area of Osaka City

Rental Market

Part two of our Monthly Report for October focusing on the the rental market in Osaka City.
The data in this post will four categories;
(1) Studio type “mansions”
(2) 1 bedroom or larger “mansions”
(3) Studio type apartments
(4) 1 bedroom or larger apartments

For information on what is considered a “mansion” in Japan, click here  → “Mansions”

Studio Type “Mansions”
Osaka Prefecture

Contracted Units
September 2019: ¥2,200 per square meter a total of 2,454 units leased
September 2018: ¥2,202 per square meter a total of 1,438 units leased
Year-over-year change of -.1% per square meter

New Units Listed
September 2019: ¥2,222  per square meter a total of 7,283 units listed
September 2018: ¥2,200 per square meter a total of 7,797 units listed
Year-over-year change of 1% per square meter

Osaka City (6 main wards: Chuo, Kita, Nishi, Fukushima, Tennoji, Naniwa

Contracted Units
September 2019: ¥2,500 per square meter a total of 871 units leased
September 2018: ¥2,500 per square meter a total of 851 units leased
Average Rent (September 2019): ¥59,100 average area of 23.82 square meter
Average Rent (September 2018): ¥59,600 average area of 24.16 square meter

New Units Listed
September 2019: ¥2,500 per square meter a total of 2,488 units listed
September 2018: ¥2,500 per square meter a total of 2,755 units listed
Average Rent (September 2019): ¥60,200 average area of 21.45 square meter
Average Rent (September 2018): ¥60,600 average area of 24.31 square meter

1 Bedroom or Larger “Mansions”
Osaka Prefecture

Contracted Units
September 2019: ¥1,768 per square meter a total of 2,459 units leased
September 2018: ¥1,700 per square meter a total of 1,456 units leased
Year-over-year change of 4% per square meter

New Units Listed
September 2019: ¥1,790  per square meter a total of 7,463 units listed
September 2018: ¥1,700 per square meter a total of 7,855 units listed
Year-over-year change of 5.3% per square meter

Osaka City (6 main wards: Chuo, Kita, Nishi, Fukushima, Tennoji, Naniwa

Contracted Units
September 2019: ¥2,400 per square meter a total of 566 units leased
September 2018: ¥2,400 per square meter a total of 526 units leased
Average Rent (September 2019): ¥114,600 average area of 48.33 square meter
Average Rent (September 2018): ¥114,100 average area of 48.68 square meter

New Units Listed
September 2019: ¥2,600 per square meter a total of 1,593 units listed
September 2018: ¥2,400 per square meter a total of 1,713 units listed
Average Rent (September 2019): ¥123,100 average area of 47.50 square meter
Average Rent (September 2018): ¥113,700 average area of 48.21 square meter

Studio Type Apartments
Osaka Prefecture

Contracted Units
September 2019: ¥2,000 per square meter a total of 250 units leased
September 2018: ¥2,016 per square meter a total of 344 units leased
Year-over-year change of -.8% per square meter

New Units Listed
September 2019: ¥1,900  per square meter a total of 607 units listed
September 2018: ¥1,986 per square meter a total of 670 units listed
Year-over-year change of -4.5% per square meter

Hyogo Prefecture

Contracted Units
September 2019: ¥2,000 per square meter a total of 124 units leased
September 2018: ¥2,100 per square meter a total of 136 units leased
Year-over-year change of -5% per square meter

New Units Listed
September 2019: ¥1,900  per square meter a total of 398 units listed
September 2018: ¥1,976 per square meter a total of 503 units listed
Year-over-year change of -4% per square meter

Kyoto Prefecture

Contracted Units
September 2019: ¥1,900 per square meter a total of 21 units leased
September 2018: ¥2,187 per square meter a total of 32 units leased
Year-over-year change of -15.1% per square meter

New Units Listed
September 2019: ¥2,000  per square meter a total of 74 units listed
September 2018: ¥2,018 per square meter a total of 117 units listed
Year-over-year change of -.9% per square meter

1 Bedroom or Larger Apartments
Osaka Prefecture

Contracted Units
September 2019: ¥1,632 per square meter a total of 271 units leased
September 2018: ¥1,600 per square meter a total of 341 units leased
Year-over-year change of 2.0% per square meter

New Units Listed
September 2019: ¥1,500  per square meter a total of 1,006 units listed
September 2018: ¥1,590 per square meter a total of 1,183 units listed
Year-over-year change of -4.5% per square meter
Average Rent (September 2019): ¥68,300 average area of 44.58 square meter
Average Rent (September 2018): ¥65,000 average area of 41.77 square meter

Hyogo Prefecture

Contracted Units
September 2019: ¥1,300 per square meter a total of 203 units leased
September 2018: ¥1,333 per square meter a total of 214 units leased
Year-over-year change of -2.5% per square meter

New Units Listed
September 2019: ¥1,322  per square meter a total of 828 units listed
September 2018: ¥1,300 per square meter a total of 1,011 units listed
Year-over-year change of 1.7% per square meter
Average Rent (September 2019): ¥59,100 average area of 44.82 square meter
Average Rent (September 2018): ¥59,300 average area of 45.74 square meter

Kyoto Prefecture

Contracted Units
September 2019: ¥1,457 per square meter a total of 19 units leased
September 2018: ¥1,400 per square meter a total of 26 units leased
Year-over-year change of 4.1% per square meter

New Units Listed
September 2019: ¥1,400  per square meter a total of 122 units listed
September 2018: ¥1,512 per square meter a total of 151 units listed
Year-over-year change of -8% per square meter
Average Rent (September 2019): ¥62,100 average area of 43.76 square meter
Average Rent (September 2018): ¥64,700 average area of 41.94 square meter

For the original data in Japanese clink here Kinki Reins