Minato Mirai, Yokohama, Kanagawa
Photo: Minato Mirai, Yokohama, Kanagawa · Roberto Jr Saldana / Unsplash

Kawasaki Ward (Kawasaki) Housing Market 2026: Rising Fast Around Kawasaki Station

Data updated 2026-11-11 · Source: MLIT transaction price survey, 2005 Q3–2026 Q2 · Transactions in 2025: 654

In short

  1. 1
    A big jump relative to Kanagawa

    Condos in Kawasaki Ward cost about ¥0.93M per m² in 2025, up from ¥0.42M in 2015.

  2. 2
    Kawasaki Station dominates

    More than 1,000 of the ward's recorded condo sales are near Kawasaki Station, about ¥0.85M per m².

  3. 3
    Studios and families

    Half of condo sales are studios (20 m² 1K at about ¥22M).

  4. 4
    Yields and risks

    A median condo costs about 34 years of median rent, close to the Kanagawa average.

The answers, compared

What does a home cost?

¥29.0M

median used condo · ¥933k/m²

1.6× the Kanagawa median

3 of 41 areas in Kanagawa, highest first

Are prices rising?

+51.4%

over 5 years

Faster than Kanagawa (+28.6%)

5 of 49 areas in Kanagawa, highest first

Can local earners afford it?

6.3× income

median price ÷ average taxable income

Easier than Kanagawa (6.6×)

21 of 51 areas in Kanagawa, highest first

Rent or buy?

34years of rent

median price ÷ a year of median rent

In line with Kanagawa (35)

22 of 50 areas in Kanagawa, highest first

Are people moving in?

+0.3%

population, 2020–25

Growing while Kanagawa shrinks (-0.5%)

15 of 51 areas in Kanagawa, highest first

How risky is it?

68%

chance of strong shaking (6-lower+) in 30 years

Higher than Kanagawa (56%)

11 of 51 areas in Kanagawa, highest first

Rent in Kawasaki Ward, Kawasaki City

The average private rental costs ¥77k a month (2023), +5.5% since 2018. Kanagawa: ¥76k

Floor areaAverage rent / month
under 30 m²
studio / 1K
¥66k
vs 2018 +5.5% · Kanagawa: ¥59k
30–49 m²
1LDK / 2DK
¥85k
vs 2018 +4.5% · Kanagawa: ¥76k
50–69 m²
2LDK / 3DK
¥100k
vs 2018 +7.2% · Kanagawa: ¥93k
70–99 m²
3LDK / family
¥107k
vs 2018 +25.7% · Kanagawa: ¥109k
100–149 m²
mostly houses
¥89k
vs 2018 -3.1% · Kanagawa: ¥109k
Rent per m²
¥2,696
median, per month · Kanagawa: ¥2,085
The median used condo (¥29.0M, 25 m²) costs about 37 years of average rent for a similar-sized home (¥66k a month).
Excludes management fees, repair reserve, property tax and mortgage interest.

Source: Statistics Bureau of Japan, Housing and Land Survey 2023. Privately owned rentals (excluding rent-free homes), monthly rent without management fees. These averages include older homes, so they run below asking rents for newly listed units. 55,450 rented homes.

A big jump relative to Kanagawa

Condos in Kawasaki Ward cost about ¥0.93M per m² in 2025, up from ¥0.42M in 2015. Prices per m² have risen about 8% a year for ten years. The ward is now about 1.5 times the Kanagawa average, up from 1.1 times ten years ago. The median condo sold for about ¥29M.

Kawasaki Station dominates

More than 1,000 of the ward's recorded condo sales are near Kawasaki Station, about ¥0.85M per m². Many are in large towers 10–15 minutes from the station, which is why condos farther from a station here cost more per m² than those near one. Kawasakidaishi and Daishibashi in the east are about 30% cheaper.

Studios and families

Half of condo sales are studios (20 m² 1K at about ¥22M). 3LDKs at about ¥41M are the second most traded. In 2025 about 1,700 more people moved in from the rest of Japan than left.

Yields and risks

A median condo costs about 34 years of median rent, close to the Kanagawa average. Every benchmark site is in the worst-case flood zone and almost all (94%) in a tsunami zone, because the ward is on low land at the mouth of the Tama river. Earthquake probability is about 68% for 6-lower in 30 years.

Renewal

Three Urgent Urban Renewal Areas are in the ward: Kawasaki Station, Hama-Kawasaki Station, and Haneda South–Tonomachi–Daishigawara, across the river from Haneda Airport.

Living in Kawasaki Ward, Kawasaki City: people, homes and risks

Population 2025
233,568
+0.3% since 2020
Kanagawa: -0.5%
Net moves in 2025
+1,729
+7.4 per 1,000 residents
Kanagawa: +3.05
Vacant homes (2023)
9.9%
2.6% empty and not for rent or sale
Kanagawa: 9.8%
Median rent (2023)
¥72k
per month, all rented homes
Kanagawa: ¥70k
Strong earthquake risk
68.4%
chance of shaking of intensity 6-lower or more within 30 years
Kanagawa: 56.2%
Average income per taxpayer
¥4.6M
taxable income in 2023, citywide figure
Kanagawa: ¥4.4M
Daytime population
116
people here by day per 100 residents (2020 census)
Foreign residents
8.5%
19,924 registered residents in 2024
Kanagawa: 3.1%
Clinics
6.8
per 10,000 residents; 10 hospitals, 131 dental clinics (2020)
Kanagawa: 7.6
Official land price 2026
¥332k/m²
+4.6% in a year · +16.7% in 5 years
Kanagawa: ¥198k/m²
Flood exposure
100.0%
of 35 benchmark sites in a worst-case flood zone (2.9% 3 m or deeper)
Kanagawa: 25.9%
Tsunami exposure
94.3%
of 35 benchmark sites in a tsunami inundation zone
Kanagawa: 10.5%
Landslide exposure
0.0%
of 35 benchmark sites in a landslide warning area
Kanagawa: 2.4%

Urban renewal zones

Areas designated by the national government for priority redevelopment, with relaxed planning rules and financial support for large projects.

  • Haneda Airport South, Kawasaki Tonomachi and Daishigawara · 339 ha · designated 2002 · Specified zone (highest priority)
  • Hama-Kawasaki Station area · 104 ha · designated 2002
  • Kawasaki Station area · 66 ha · designated 2003

Check flood, landslide and tsunami zones for a specific address on the government hazard map ↗

Sources: 2025 Census (preliminary), 2025 Internal Migration Report, 2023 Housing and Land Survey (Statistics Bureau of Japan); J-SHIS seismic hazard model (NIED, 2024); Land Price Publication (MLIT); recorded crime: Tokyo Metropolitan Police Department (Tokyo only); incomes: Ministry of Internal Affairs taxation survey via the Statistics Bureau's municipal indicators; foreign residents: Basic Resident Register; medical facilities and station passengers: MLIT National Land Numerical Information. Earthquake probability is measured at the municipal center.

Example sales in Kawasaki Ward, Kawasaki City

Real transactions from the last four quarters, picked near the lower (20th percentile), middle and upper (80th percentile) price points. Locations are shown at district level, as published by MLIT.

Condo

Lower-priced2026 Q2

¥22.0M

¥489k/m²

  • Kaizuka
  • Kawasaki · 10 min walk
  • 1LDK · 45 m²
  • Built 1986 (40 yrs) · RC
Typical2026 Q2

¥29.0M

¥223k/m²

  • Kokandori
  • Kawasaki
  • Open floor · 130 m²
  • Built 1991 (35 yrs) · RC
Higher-priced2026 Q1

¥41.0M

¥547k/m²

  • Kannon
  • Kawasakidaishi · 13 min walk
  • 3LDK · 75 m²
  • Built 2004 (22 yrs) · RC

House

Lower-priced2026 Q1

¥40.0M

¥471k/m²

  • Yotsuyakamicho
  • Kawasaki
  • Land 50 m² · floor 85 m²
  • Built 2014 (12 yrs) · Wood
Typical2026 Q1

¥55.0M

¥524k/m²

  • Ikegamishincho
  • Kawasaki
  • Land 70 m² · floor 105 m²
  • Built 2025 (1 yrs) · Wood
Higher-priced2026 Q1

¥100M

¥571k/m²

  • Hamacho
  • Kawasaki
  • Land 105 m² · floor 175 m²
  • Built 2026 (0 yrs) · Wood
Median transaction price by yearA sharp recent rise — The median house price rose 25% between 2023 and 2025. Prices per m² rose 15%, so most of it is a real increase, with the rest coming from larger homes selling.
¥0¥20.0M¥40.0M¥60.0M20052008201120142017202020232026
Show data table
YearCondoHouse
2005¥16.0M¥38.0M
2006¥16.0M¥38.0M
2007¥19.0M¥39.0M
2008¥21.5M¥41.5M
2009¥22.0M¥38.0M
2010¥20.0M¥39.0M
2011¥19.0M¥38.0M
2012¥22.0M¥33.0M
2013¥20.0M¥34.0M
2014¥22.0M¥37.0M
2015¥19.0M¥37.0M
2016¥22.0M¥42.0M
2017¥24.0M¥40.0M
2018¥25.0M¥40.0M
2019¥24.0M¥41.0M
2020¥24.0M¥42.0M
2021¥25.0M¥44.5M
2022¥25.0M¥47.5M
2023¥25.0M¥44.0M
2024¥26.0M¥48.0M
2025¥29.0M¥55.0M
2026 (partial)¥29.0M¥50.0M
Median price per m² by yearHouses are the better deal on space — A m² of house floor space costs about 44% less than a m² of condo, even though the house price includes land. If you need room more than convenience, a house buys considerably more space. That gap has widened over the decade as condo prices pulled ahead.
¥0¥500k¥1.0M20052008201120142017202020232026
Show data table
YearCondoHouseLand
2005¥338k/m²¥356k/m²¥310k/m²
2006¥333k/m²¥370k/m²¥300k/m²
2007¥400k/m²¥389k/m²¥330k/m²
2008¥445k/m²¥400k/m²¥290k/m²
2009¥406k/m²¥366k/m²¥295k/m²
2010¥420k/m²¥400k/m²¥270k/m²
2011¥417k/m²¥367k/m²¥270k/m²
2012¥379k/m²¥347k/m²¥250k/m²
2013¥370k/m²¥333k/m²¥250k/m²
2014¥400k/m²¥359k/m²¥250k/m²
2015¥420k/m²¥384k/m²¥260k/m²
2016¥529k/m²¥400k/m²¥300k/m²
2017¥523k/m²¥425k/m²¥320k/m²
2018¥527k/m²¥419k/m²¥380k/m²
2019¥560k/m²¥419k/m²¥300k/m²
2020¥617k/m²¥439k/m²¥355k/m²
2021¥660k/m²¥442k/m²¥360k/m²
2022¥736k/m²¥476k/m²¥420k/m²
2023¥682k/m²¥442k/m²¥370k/m²
2024¥800k/m²¥458k/m²¥385k/m²
2025¥933k/m²¥508k/m²¥470k/m²
2026 (partial)¥807k/m²¥525k/m²¥480k/m²
Price per m² by building age (2021–2025 sales)How condos age here — In recent sales, condos lose about a quarter of their per-m² value by around 15 years old and half by around 31. Prices keep falling by roughly 1.7% a year even after 25 years, so older condos here are cheap for a reason. Check the repair fund and rebuild plans.Houses bottom out at around 18 years — House prices per m² drop about 28% from new by age 18, then flatten, because by then buyers are mostly paying for the land. A house older than that costs little more than its plot, a good option if you plan to renovate or rebuild.
¥0¥500k¥1.0M¥1.5M05101520253035404550
Show data table
Building age (years)CondoHouse
0¥1.4M/m²¥533k/m²
1¥1.3M/m²¥536k/m²
2¥1.2M/m²–
3¥1.0M/m²–
4¥980k/m²–
5¥1.1M/m²–
6¥1.1M/m²¥568k/m²
7¥1.1M/m²¥444k/m²
8¥1.0M/m²¥495k/m²
9¥1.1M/m²–
10¥900k/m²–
11¥950k/m²–
12¥847k/m²–
13¥933k/m²–
14¥764k/m²–
15¥800k/m²–
16¥707k/m²–
17¥671k/m²–
18¥783k/m²¥387k/m²
19¥600k/m²–
20¥573k/m²–
21¥555k/m²–
22¥547k/m²–
23¥541k/m²–
24¥560k/m²–
25¥600k/m²–
26¥546k/m²–
27¥563k/m²¥445k/m²
28¥620k/m²–
29¥550k/m²–
30¥622k/m²–
31¥507k/m²–
32¥460k/m²¥346k/m²
33¥494k/m²¥347k/m²
34¥467k/m²¥341k/m²
35¥460k/m²¥297k/m²
36¥440k/m²¥361k/m²
37¥507k/m²¥272k/m²
38¥513k/m²–
39¥497k/m²–
40¥380k/m²–
41¥434k/m²–
42¥433k/m²¥333k/m²
43¥433k/m²–
44¥496k/m²¥287k/m²
45¥460k/m²–
47–¥325k/m²
50¥400k/m²¥289k/m²
Condo price per m² by construction period
¥0¥500k¥1.0M¥1.5M20052008201120142017202020232026

Each line follows buildings from one construction period over time. 1981 is when Japan's current earthquake-resistance standard (shin-taishin) took effect.

Show data table
Year1971-19801981-20002001-20102011-2020
2005–¥338k/m²––
2006–¥333k/m²––
2007–¥364k/m²¥557k/m²–
2008–¥367k/m²¥617k/m²–
2009–¥350k/m²¥503k/m²–
2010–¥360k/m²¥516k/m²–
2011–¥354k/m²¥557k/m²–
2012–¥329k/m²¥485k/m²–
2013–¥333k/m²¥459k/m²–
2014–¥379k/m²¥441k/m²–
2015¥264k/m²¥400k/m²¥453k/m²¥636k/m²
2016–¥438k/m²¥500k/m²¥1.1M/m²
2017–¥440k/m²¥492k/m²¥1.1M/m²
2018–¥427k/m²¥538k/m²¥850k/m²
2019–¥431k/m²¥640k/m²¥900k/m²
2020–¥440k/m²¥636k/m²¥960k/m²
2021–¥500k/m²¥673k/m²¥1.0M/m²
2022–¥478k/m²¥692k/m²¥1.0M/m²
2023¥409k/m²¥508k/m²¥692k/m²¥950k/m²
2024–¥517k/m²¥676k/m²¥986k/m²
2025–¥541k/m²¥727k/m²¥1.1M/m²
2026 (partial)–¥540k/m²¥807k/m²¥1.1M/m²
House price per m² by construction period
¥0¥200k¥400k¥600k20052007200920112013201520172019202120232025

Each line follows buildings from one construction period over time. 1981 is when Japan's current earthquake-resistance standard (shin-taishin) took effect.

Show data table
Year1971-19801981-20002001-20102011-2020
2005–¥254k/m²¥400k/m²–
2006¥309k/m²¥295k/m²¥420k/m²–
2007–¥357k/m²¥422k/m²–
2008–¥291k/m²¥450k/m²–
2009–¥256k/m²¥413k/m²–
2010–¥300k/m²¥429k/m²–
2011–¥311k/m²–¥400k/m²
2012–¥305k/m²–¥375k/m²
2013–¥257k/m²–¥367k/m²
2014–¥256k/m²–¥400k/m²
2015–¥240k/m²–¥429k/m²
2016–¥266k/m²–¥460k/m²
2017–¥257k/m²–¥472k/m²
2018–¥283k/m²–¥453k/m²
2019–¥310k/m²–¥474k/m²
2020–¥270k/m²–¥467k/m²
2021–¥343k/m²––
2022–¥259k/m²––
2023¥291k/m²¥330k/m²––
2024–¥346k/m²–¥454k/m²
2025–¥367k/m²–¥583k/m²

Prices near train stations in Kawasaki Ward, Kawasaki City

Sales from 2023–2025, grouped by nearest station.

StationMedian used condo priceCondo price per m²Median house price (land + building)Walk (min)SalesDaily passengers (2023)
Kawasaki (川崎)¥27.0M¥850k/m²¥47.0M131042374,620-13% vs 2019
Hatchonawate (八丁畷)¥21.0M¥836k/m²¥53.0M616719,592+0% vs 2019
Kawasakidaishi (川崎大師)¥24.0M¥584k/m²¥44.0M615416,535-9% vs 2019
Keikyu Kawasaki (京急川崎)¥25.0M¥1.0M/m²–8103119,655-10% vs 2019
Higashimonzen (東門前)¥39.0M¥675k/m²¥54.5M68112,672-3% vs 2019
Suzukicho (鈴木町)¥44.5M¥769k/m²–55310,616-5% vs 2019
Minatocho (港町)¥64.0M¥886k/m²–3437,537-5% vs 2019
Daishibashi (大師橋)¥45.0M¥588k/m²¥91.5M63910,239-5% vs 2019
Kojimashinden (小島新田)––¥75.5M42321,401-6% vs 2019
Odasakae (小田栄)¥26.5M¥451k/m²–820–

Used condo prices by layout in Kawasaki Ward, Kawasaki City

Sales from 2023–2025.

LayoutMedian used condo priceTypical sizeSales
1K¥22.0M20 m²495
3LDK¥41.0M65 m²311
2LDK¥39.0M55 m²104
4LDK¥47.0M80 m²37
1LDK¥24.0M35 m²32
1DK¥29.0M25 m²28
2DK¥28.0M45 m²26
1R¥11.0M15 m²19

How much does an apartment cost in Kawasaki Ward, Kawasaki City?

The median used condo (mansion) in Kawasaki Ward, Kawasaki City sold for ¥29.0M in 2025, about ¥933k/m², based on 406 recorded sales.

How much does a house cost in Kawasaki Ward, Kawasaki City?

The median house sale, including the land, was ¥55.0M in 2025 across 191 sales.

Are property prices in Kawasaki Ward, Kawasaki City going up?

Over the five years to 2025, condo prices per m² changed +51.4% and residential land prices changed +32.4%.

About this data

Figures are medians of real transactions reported to Japan's Ministry of Land, Infrastructure, Transport and Tourism (MLIT) through its quarterly price survey. House prices per m² divide the total price (land and building) by the floor area. Medians based on fewer than 20 sales are not shown. The latest quarters are preliminary and are revised as more survey responses arrive.

Information only, not investment advice.