Japan Rent Price Trends
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Most countries include rent prices within their Consumer Price Index (CPI/HICP), so inflation-adjusted figures are not available. Our Rent Price Index offers a clear, high-level view of rental market trends over time.
Quarterly change in rent prices
| Q1 | Q2 | Q3 | Q4 | |
| 2026 | 0.17% | |||
| 2025 | 0.06% | 0.24% | 0.10% | 0.16% |
| 2024 | 0.10% | 0.14% | 0.06% | 0.10% |
| 2023 | 0.00% | -0.03% | 0.07% | 0.06% |
| 2022 | 0.03% | 0.01% | 0.04% | 0.02% |
| 2021 | -0.04% | -0.03% | -0.02% | 0.02% |
| 2020 | 0.03% | 0.01% | -0.06% | -0.01% |
| 2019 | -0.01% | 0.05% | 0.01% | 0.02% |
| 2018 | -0.04% | -0.04% | 0.00% | -0.05% |
| 2017 | -0.04% | -0.11% | -0.03% | -0.02% |
| 2016 | -0.07% | -0.10% | -0.10% | -0.09% |
| 2015 | -0.11% | -0.03% | -0.03% | -0.06% |
| 2014 | -0.08% | -0.10% | -0.12% | -0.07% |
| 2013 | -0.11% | -0.11% | -0.11% | -0.10% |
| 2012 | -0.10% | -0.11% | -0.16% | -0.09% |
| 2011 | -0.06% | -0.15% | -0.13% | -0.09% |
| 2010 | -0.19% | -0.09% | -0.03% | -0.09% |
| 2009 | -0.18% | -0.16% | -0.07% | -0.11% |
| 2008 | 0.04% | 0.04% | -0.07% | -0.08% |
| 2007 | 0.01% | 0.00% | -0.03% | -0.04% |
| 2006 | 0.04% | -0.03% | -0.02% | -0.12% |
| 2005 | -0.16% | -0.05% | -0.08% | 0.00% |
| 2004 | -0.10% | -0.16% | -0.12% | 0.00% |
| 2003 | -0.05% | -0.04% | -0.05% | -0.08% |
| 2002 | -0.02% | -0.17% | -0.05% | -0.12% |
| 2001 | -0.08% | -0.11% | -0.08% | -0.02% |
| 2000 | -0.07% | 0.00% | -0.02% | 0.06% |
| 1999 | -0.07% | 0.14% | 0.09% | -0.11% |
| 1998 | 0.25% | -0.69% | -0.07% | -0.12% |
| 1997 | 0.18% | 0.24% | 0.16% | 0.04% |
| 1996 | 0.31% | 0.19% | 0.28% | 0.26% |
| 1995 | 0.64% | 0.30% | 0.34% | 0.39% |
| 1994 | 0.53% | 0.48% | 0.50% | 0.49% |
| 1993 | 0.48% | 0.64% | 0.59% | 0.53% |
| 1992 | 0.52% | 1.16% | 0.70% | 0.67% |
| 1991 | 0.69% | 0.40% | 0.76% | 0.53% |
| 1990 | 0.50% | 0.64% | 0.76% |
This table shows the nominal change in rent prices during a single quarter.
Yearly change in rent prices
| Year | Nominal Change |
| 2026 | 0.67% |
| 2025 | 0.56% |
| 2024 | 0.40% |
| 2023 | 0.10% |
| 2022 | 0.10% |
| 2021 | -0.07% |
| 2020 | -0.03% |
| 2019 | 0.07% |
| 2018 | -0.13% |
| 2017 | -0.20% |
| 2016 | -0.36% |
| 2015 | -0.23% |
| 2014 | -0.37% |
| 2013 | -0.43% |
| 2012 | -0.45% |
| 2011 | -0.42% |
| 2010 | -0.39% |
| 2009 | -0.52% |
| 2008 | -0.07% |
| 2007 | -0.06% |
| 2006 | -0.13% |
| 2005 | -0.29% |
| 2004 | -0.38% |
| 2003 | -0.21% |
| 2002 | -0.35% |
| 2001 | -0.29% |
| 2000 | -0.03% |
| 1999 | 0.06% |
| 1998 | -0.64% |
| 1997 | 0.62% |
| 1996 | 1.04% |
| 1995 | 1.68% |
| 1994 | 2.01% |
| 1993 | 2.26% |
| 1992 | 3.07% |
| 1991 | 2.40% |
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This table shows how house prices have shifted over the past year. It compares the latest quarter or month of the current year with the same period a year earlier, giving you a quick view of whether prices have risen or fallen.
