Minami Ward (Kyoto) Housing Market 2026: A New Market of Small Flats South of Kyoto Station
Data updated 2026-11-11 · Source: MLIT transaction price survey, 2005 Q3–2026 Q2 · Transactions in 2025: 321
In short
- 1The price per m² tripled, but read it carefully
Condos in Minami cost about ¥0.80M per m² in 2025, the highest of Kyoto City's 11 wards, up from about ¥0.25M in 2015.
- 2A studio market
About half of condo sales are studios.
- 3Very different areas
Jujo (subway), Kujo, Toji and the Kyoto Station side sell at about ¥0.8–0.9M per m².
- 4Population and yields
Population rose 0.8% between 2020 and 2025 and households 8%, while Kyoto Prefecture shrank.
The answers, compared
What does a home cost?
¥21.0M
median used condo · ¥800k/m²
47% above the Kyoto median
1 of 11 areas in Kyoto, highest first
Are prices rising?
+140.0%
over 5 years
Faster than Kyoto (+36.4%)
1 of 26 areas in Kyoto, highest first
Can local earners afford it?
5.0× income
median price ÷ average taxable income
Easier than Kyoto (5.6×)
11 of 27 areas in Kyoto, highest first
Rent or buy?
30years of rent
median price ÷ a year of median rent
Shorter than Kyoto (33)
10 of 26 areas in Kyoto, highest first
Are people moving in?
+0.8%
population, 2020–25
Growing while Kyoto shrinks (-2.9%)
5 of 27 areas in Kyoto, highest first
How risky is it?
19%
chance of strong shaking (6-lower+) in 30 years
In line with Kyoto (22%)
8 of 27 areas in Kyoto, highest first
Rent in Minami Ward, Kyoto City
The average private rental costs ¥65k a month (2023), +9.5% since 2018. Kyoto: ¥62k
| Floor area | Typical layout | Average rent / month | Minami Ward, Kyoto CityKyoto |
|---|---|---|---|
| under 30 m² studio / 1K | studio / 1K | ¥52k vs 2018 +4.5% · Kyoto: ¥50k | |
| 30–49 m² 1LDK / 2DK | 1LDK / 2DK | ¥70k vs 2018 +17.4% · Kyoto: ¥64k | |
| 50–69 m² 2LDK / 3DK | 2LDK / 3DK | ¥86k vs 2018 +19.5% · Kyoto: ¥80k | |
| 70–99 m² 3LDK / family | 3LDK / family | ¥87k vs 2018 +12.7% · Kyoto: ¥90k |
- Rent per m²
- ¥1,959
- median, per month · Kyoto: ¥1,907
- The median used condo (¥21.0M, 30 m²) costs about 25 years of average rent for a similar-sized home (¥70k 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. 18,110 rented homes.
The price per m² tripled, but read it carefully
Condos in Minami cost about ¥0.80M per m² in 2025, the highest of Kyoto City's 11 wards, up from about ¥0.25M in 2015. This does not mean every flat tripled in value. The homes sold changed: the median condo was 60 m² and 24 years old in 2015, but only about 30 m² and 8 years old in 2025. Many new studio buildings have gone up near Kyoto Station, and small new flats cost much more per m².
A studio market
About half of condo sales are studios. The 25 m² 1K at about ¥19M is the most traded home. Sales rose 13% in 2025.
Very different areas
Jujo (subway), Kujo, Toji and the Kyoto Station side sell at about ¥0.8–0.9M per m². Katsuragawa, Kamitobaguchi and Mukomachi in the south and west, often 13–20 minutes' walk, sell at under ¥0.3M. Houses are cheap here: the median house sold for about ¥33M.
Population and yields
Population rose 0.8% between 2020 and 2025 and households 8%, while Kyoto Prefecture shrank. A median condo costs about 30 years of median rent, one of the better ratios in Kyoto.
Flood risk
Minami has the highest flood exposure of Kyoto's wards: about 88% of benchmark sites are in the worst-case flood zone, and about 30% in zones of 3 m or deeper, along the Katsura and Kamo rivers. Earthquake probability is low (about 19%). Part of the Kyoto Station renewal area is in the ward.
Living in Minami Ward, Kyoto City: people, homes and risks
- Population 2025
- 102,742
- +0.8% since 2020
- Kyoto: -2.9%
- Net moves in 2025
- +218
- +2.12 per 1,000 residents
- Kyoto: -1.5
- Vacant homes (2023)
- 13.9%
- 8.2% empty and not for rent or sale
- Kyoto: 13.2%
- Median rent (2023)
- ¥58k
- per month, all rented homes
- Kyoto: ¥56k
- Strong earthquake risk
- 19.0%
- chance of shaking of intensity 6-lower or more within 30 years
- Kyoto: 21.7%
- Average income per taxpayer
- ¥4.2M
- taxable income in 2023, citywide figure
- Kyoto: ¥3.9M
- Daytime population
- 134
- people here by day per 100 residents (2020 census)
- Foreign residents
- 6.8%
- 6,847 registered residents in 2024
- Kyoto: 3.3%
- Clinics
- 8.2
- per 10,000 residents; 7 hospitals, 48 dental clinics (2020)
- Kyoto: 10.0
- Official land price 2026
- ¥208k/m²
- +6.4% in a year · +22.5% in 5 years
- Kyoto: ¥136k/m²
- Flood exposure
- 88.2%
- of 17 benchmark sites in a worst-case flood zone (29.4% 3 m or deeper)
- Kyoto: 49.6%
- Landslide exposure
- 0.0%
- of 17 benchmark sites in a landslide warning area
- Kyoto: 2.5%
Urban renewal zones
Areas designated by the national government for priority redevelopment, with relaxed planning rules and financial support for large projects.
- Kyoto Station area and southern Aburakoji-dori · 405.2 ha · designated 2002
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 Minami Ward, Kyoto 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
¥15.0M
¥600k/m²
- Karahashikawakubocho
- Nishioji · 8 min walk
- 1K · 25 m²
- Built 2012 (14 yrs) · RC
¥20.0M
¥800k/m²
- Kisshoinnishiuracho
- Nishioji · 14 min walk
- 1DK · 25 m²
- Built 2019 (7 yrs) · RC
¥27.0M
¥900k/m²
- Karahashikeidencho
- Toji · 14 min walk
- 1LDK · 30 m²
- Built 2025 (1 yrs) · RC
House
¥17.0M
¥200k/m²
- Kisshoimmandokorocho
- Nishioji · 15 min walk
- Land 80 m² · floor 85 m²
- Built 1962 (64 yrs) · Wood
¥32.0M
¥427k/m²
- Hachijouchidacho
- Toji · 9 min walk
- Land 70 m² · floor 75 m²
- Built 2017 (9 yrs) · Wood
¥82.0M
¥482k/m²
- Kisshoimmiyanohigashicho
- Nishioji · 13 min walk
- Land 290 m² · floor 170 m²
- Built 1998 (28 yrs) · Steel
Show data table
| Year | Condo | House |
|---|---|---|
| 2005 | ¥9.0M | ¥25.0M |
| 2006 | ¥8.4M | ¥26.0M |
| 2007 | ¥11.5M | ¥27.0M |
| 2008 | ¥9.6M | ¥27.0M |
| 2009 | ¥12.0M | ¥24.0M |
| 2010 | ¥12.0M | ¥24.0M |
| 2011 | ¥13.0M | ¥26.0M |
| 2012 | ¥9.8M | ¥23.5M |
| 2013 | ¥13.0M | ¥24.0M |
| 2014 | ¥9.6M | ¥23.0M |
| 2015 | ¥11.5M | ¥26.5M |
| 2016 | ¥14.0M | ¥25.0M |
| 2017 | ¥14.0M | ¥27.0M |
| 2018 | ¥14.0M | ¥28.0M |
| 2019 | ¥15.0M | ¥25.0M |
| 2020 | ¥16.5M | ¥24.5M |
| 2021 | ¥18.0M | ¥27.0M |
| 2022 | ¥20.0M | ¥27.5M |
| 2023 | ¥20.0M | ¥29.5M |
| 2024 | ¥20.0M | ¥34.0M |
| 2025 | ¥21.0M | ¥33.0M |
| 2026 (partial) | ¥20.0M | ¥26.0M |
Show data table
| Year | Condo | House | Land |
|---|---|---|---|
| 2005 | ¥178k/m² | ¥271k/m² | ¥170k/m² |
| 2006 | ¥169k/m² | ¥211k/m² | ¥160k/m² |
| 2007 | ¥200k/m² | ¥267k/m² | ¥170k/m² |
| 2008 | ¥183k/m² | ¥250k/m² | ¥180k/m² |
| 2009 | ¥216k/m² | ¥206k/m² | ¥145k/m² |
| 2010 | ¥200k/m² | ¥230k/m² | ¥140k/m² |
| 2011 | ¥240k/m² | ¥206k/m² | ¥140k/m² |
| 2012 | ¥196k/m² | ¥224k/m² | ¥150k/m² |
| 2013 | ¥217k/m² | ¥224k/m² | ¥150k/m² |
| 2014 | ¥235k/m² | ¥222k/m² | ¥185k/m² |
| 2015 | ¥251k/m² | ¥224k/m² | ¥120k/m² |
| 2016 | ¥296k/m² | ¥267k/m² | ¥160k/m² |
| 2017 | ¥300k/m² | ¥293k/m² | ¥230k/m² |
| 2018 | ¥285k/m² | ¥286k/m² | ¥210k/m² |
| 2019 | ¥305k/m² | ¥274k/m² | ¥210k/m² |
| 2020 | ¥333k/m² | ¥250k/m² | ¥250k/m² |
| 2021 | ¥560k/m² | ¥272k/m² | ¥230k/m² |
| 2022 | ¥469k/m² | ¥286k/m² | ¥190k/m² |
| 2023 | ¥544k/m² | ¥300k/m² | ¥250k/m² |
| 2024 | ¥720k/m² | ¥304k/m² | ¥300k/m² |
| 2025 | ¥800k/m² | ¥317k/m² | ¥290k/m² |
| 2026 (partial) | ¥800k/m² | ¥320k/m² | – |
Show data table
| Building age (years) | Condo | House |
|---|---|---|
| 0 | ¥920k/m² | ¥447k/m² |
| 1 | ¥865k/m² | – |
| 3 | ¥780k/m² | – |
| 4 | ¥840k/m² | – |
| 5 | ¥790k/m² | – |
| 6 | ¥800k/m² | – |
| 7 | ¥710k/m² | – |
| 8 | ¥743k/m² | – |
| 9 | ¥761k/m² | – |
| 12 | ¥735k/m² | – |
| 14 | ¥514k/m² | – |
| 15 | ¥489k/m² | – |
| 16 | ¥600k/m² | – |
| 19 | – | ¥333k/m² |
| 21 | – | ¥294k/m² |
| 23 | – | ¥273k/m² |
| 32 | ¥249k/m² | – |
| 34 | – | ¥161k/m² |
| 35 | ¥237k/m² | – |
| 42 | ¥244k/m² | ¥171k/m² |
| 43 | – | ¥178k/m² |
| 44 | ¥254k/m² | – |
| 46 | ¥150k/m² | ¥200k/m² |
| 47 | ¥215k/m² | – |
| 48 | ¥176k/m² | ¥142k/m² |
| 49 | – | ¥136k/m² |
| 50 | ¥152k/m² | ¥211k/m² |
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
| Year | 1971-1980 | 1981-2000 | 2001-2010 | 2011-2020 |
|---|---|---|---|---|
| 2005 | – | ¥183k/m² | – | – |
| 2006 | ¥130k/m² | ¥188k/m² | – | – |
| 2007 | – | ¥195k/m² | – | – |
| 2008 | – | ¥183k/m² | – | – |
| 2009 | – | ¥215k/m² | – | – |
| 2010 | – | ¥186k/m² | – | – |
| 2011 | – | ¥246k/m² | – | – |
| 2012 | ¥122k/m² | ¥201k/m² | – | – |
| 2013 | – | ¥200k/m² | – | – |
| 2014 | ¥126k/m² | ¥236k/m² | ¥340k/m² | – |
| 2015 | ¥125k/m² | ¥231k/m² | – | – |
| 2016 | – | ¥233k/m² | – | – |
| 2017 | – | ¥261k/m² | – | – |
| 2018 | ¥136k/m² | ¥273k/m² | – | – |
| 2019 | – | ¥227k/m² | – | – |
| 2020 | – | ¥243k/m² | ¥490k/m² | ¥760k/m² |
| 2021 | – | ¥267k/m² | ¥524k/m² | ¥720k/m² |
| 2022 | – | ¥300k/m² | ¥462k/m² | ¥682k/m² |
| 2023 | – | ¥252k/m² | ¥533k/m² | – |
| 2024 | – | ¥354k/m² | – | ¥760k/m² |
| 2025 | ¥142k/m² | – | – | ¥800k/m² |
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
| Year | 1971-1980 | 1981-2000 | 2001-2010 | 2011-2020 |
|---|---|---|---|---|
| 2005 | – | – | ¥370k/m² | – |
| 2006 | ¥171k/m² | ¥181k/m² | ¥326k/m² | – |
| 2007 | – | ¥200k/m² | ¥340k/m² | – |
| 2008 | ¥160k/m² | ¥189k/m² | ¥353k/m² | – |
| 2009 | – | ¥175k/m² | ¥363k/m² | – |
| 2010 | – | ¥168k/m² | ¥329k/m² | – |
| 2011 | – | ¥167k/m² | – | ¥333k/m² |
| 2012 | – | ¥159k/m² | – | ¥336k/m² |
| 2013 | – | ¥160k/m² | – | ¥344k/m² |
| 2014 | ¥92k/m² | ¥121k/m² | – | ¥342k/m² |
| 2015 | – | ¥167k/m² | – | ¥367k/m² |
| 2016 | ¥138k/m² | ¥178k/m² | – | ¥343k/m² |
| 2017 | – | ¥179k/m² | – | ¥374k/m² |
| 2018 | – | ¥211k/m² | – | ¥400k/m² |
| 2019 | – | ¥158k/m² | – | ¥375k/m² |
| 2020 | ¥141k/m² | ¥200k/m² | ¥270k/m² | ¥353k/m² |
| 2021 | – | ¥211k/m² | – | – |
| 2023 | ¥173k/m² | ¥212k/m² | – | – |
| 2024 | ¥198k/m² | ¥211k/m² | – | – |
| 2025 | ¥213k/m² | ¥200k/m² | – | – |
Prices near train stations in Minami Ward, Kyoto City
Sales from 2023–2025, grouped by nearest station.
| Station | Median used condo price | Condo price per m² | Median house price (land + building) | Walk (min) | Sales | Daily passengers (2023) |
|---|---|---|---|---|---|---|
| Nishioji (西大路) | ¥20.0M | ¥567k/m² | ¥34.0M | 13 | 256 | 32,356-4% vs 2019 |
| Toji (東寺) | ¥20.5M | ¥800k/m² | ¥25.0M | 9 | 100 | 7,931-15% vs 2019 |
| Jujo(KyotoCitySubway) (十条(京都市営)) | ¥21.0M | ¥880k/m² | ¥20.0M | 4 | 93 | 15,102+11% vs 2019 |
| Katsuragawa(Kyoto) (桂川(京都)) | ¥16.0M | ¥237k/m² | ¥31.0M | 13 | 73 | 30,380-4% vs 2019 |
| Kujo(Kyoto) (九条(京都)) | ¥19.0M | ¥800k/m² | ¥23.0M | 8 | 62 | 5,980+10% vs 2019 |
| Kamitobaguchi (上鳥羽口) | ¥6.8M | ¥149k/m² | ¥53.0M | 20 | 49 | 7,577-7% vs 2019 |
| Kyoto (京都) | ¥21.0M | ¥900k/m² | ¥41.5M | 9 | 48 | 605,995-10% vs 2019 |
| Jujo(Kintetsu) (十条(近鉄)) | ¥28.0M | ¥462k/m² | ¥27.0M | 6 | 45 | 15,102+11% vs 2019 |
| Mukomachi (向日町) | ¥17.0M | ¥285k/m² | ¥28.5M | 20 | 34 | 15,438-3% vs 2019 |
Used condo prices by layout in Minami Ward, Kyoto City
Sales from 2023–2025.
| Layout | Median used condo price | Typical size | Sales |
|---|---|---|---|
| 1K | ¥19.0M | 25 m² | 139 |
| 3LDK | ¥25.0M | 65 m² | 59 |
| 2LDK | ¥23.0M | 55 m² | 45 |
| 1DK | ¥23.0M | 25 m² | 44 |
| 1LDK | ¥25.0M | 30 m² | 43 |
| 2DK | ¥8.6M | 42.5 m² | 20 |
How much does an apartment cost in Minami Ward, Kyoto City?
The median used condo (mansion) in Minami Ward, Kyoto City sold for ¥21.0M in 2025, about ¥800k/m², based on 147 recorded sales.
How much does a house cost in Minami Ward, Kyoto City?
The median house sale, including the land, was ¥33.0M in 2025 across 129 sales.
Are property prices in Minami Ward, Kyoto City going up?
Over the five years to 2025, condo prices per m² changed +140.0% and residential land prices changed +16.0%.
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.