The Cost For Apartments In Japan
The cost for renting an apartment in Japan depends on which city you are planning to live in. For example Osaka or Yokohama is usually much cheaper than Tokyo. When people complain about the cost for apartments in Japan. They are usually referring to the upfront cost. Here we are going to explain all of this and more.
Cost Of Rent
the average rent for a one bedroom apartment in Osaka will be around ¥50,000 or $500 a month. The size for that price will be anywhere from 20 to 30 m². For that same type of apartment in Tokyo however that price will go up. The average cost for a one bedroom apartment in Tokyo is around ¥80,000 a month. There are cheaper apartments out there of course. These prices that were mentioned can be lowered to be about 35% cheaper in both cites. However the price will affect the quality, size and location. Usually there is also a maintenance fee charged to your monthly payments. The maintenance cost usually starts at ¥3,000 a month and can go up from there depending on the apartment.
The Upfront Cost
Japan is one of the most expensive countries for land per square meter. Most people understand the limited amount of space and expect Japanese apartments to be smaller. What people do not expect however is the expensive initial cost that comes with renting an apartment in Japan. Although the rent for apartments in Japan is about 30% less expensive by average than the United States. The initial cost however can be much more expensive.
An average upfront payment in Japan is usually five times the rent. This is including the rent it self. A good deal is considered to be around three times the rent or lower. However some larger apartments for example a three bedroom or 3LDK. Also if you have a pet in some cases will result in a higher upfront cost. Below we will explain the reason for the upfront cost. Also give you some tips on how to avoid some of these fees and what to look out for.
How To Avoid Higher Initial Cost
Although most apartments are on one single database which all realtors have access to. A very few amount of realtors have a few special deals that can only be available through them. Here at Gaijin Apartment Helper we offer many of these deals to make the upfront cost cheaper.
If you do not go through our services here are a few tips.
- Find a realtor that you can trust.
- Do your homework to know a good deal when you see it.
- Don’t be fooled by hidden fees or tricky tactics.
- Don’t be too picky in quality, size or location. For example don’t limit your search in one certain area or station.
- You could also try to negotiate the price down. However this usually only works with apartments that already have a higher price or an apartment that is less desirable.
Things That You Should Watch Out For
Hidden fees are extremely common with most apartment listings in Japan. Usually the listing will not show the total initial cost. Instead will only show a few of the fees or just list the fees that are not involved. It’s very common to see an apartment advertised with no key money for example. If the listing has hidden fees which is usually the case. The only way to find out the total cost. Is to either give the realtor a call or go to the realtors in person.
There are many different tactics that realtors use to either get you to see the apartment or to lure you into their shops. Before I mention these tactics to you please understand that there are many good realtors out there. These tactics are only used by a few and give the industry a bad name. It’s simply something that you should watch out for.
One tactic is that they post fake apartments. The reason for this is to lure you into their shops. If the apartment is fake the realtor can come up with all sorts of excuses why the apartment is no longer available. Than they will try to push other more expensive apartments on to you. Fake apartments are pretty hard to spot but we have found a few post that are a bit too obvious. This problem is only getting worse. Some realtors are actually going as far as to advertise that they do not take part in this.
Another tactic is to advertise an apartment with no key money. Because this fee is the most hated and well known realtors will sometimes use this against you. An apartment with no key money will not necessarily mean it will be a better deal or less expensive. There can be many other fees involved that can drive up the cost.