Shinsekai, Osaka
Photo: Shinsekai, Osaka · Nomadic Julien / Unsplash

Fukushima Ward (Osaka) Housing Market 2026: Next to Umeda, but Low and Wet

Data updated 2026-11-11 · Source: MLIT transaction price survey, 2005 Q3–2026 Q2 · Transactions in 2025: 311

In short

  1. 1
    Studios and families

    About 60% of condo sales are studios, typically 20 m² at about ¥18M, but 3LDKs at about ¥51M are the second most traded type.

  2. 2
    The highest median rent in Osaka

    Fukushima has the highest median rent of Osaka's wards.

  3. 3
    Flood risk is the issue

    Every benchmark site in Fukushima is in the worst-case flood zone and in a tsunami zone, and almost 90% are in zones of 3 m or deeper, the highest share of Osaka's wards.

The answers, compared

What does a home cost?

¥23.0M

median used condo · ¥867k/m²

1.6× the Osaka median

3 of 55 areas in Osaka, highest first

Are prices rising?

+50.3%

over 5 years

In line with Osaka (+50.0%)

9 of 64 areas in Osaka, highest first

Can local earners afford it?

5.8× income

median price ÷ average taxable income

In line with Osaka (5.6×)

19 of 68 areas in Osaka, highest first

Rent or buy?

26years of rent

median price ÷ a year of median rent

Shorter than Osaka (32)

42 of 64 areas in Osaka, highest first

Are people moving in?

+6.2%

population, 2020–25

Growing while Osaka shrinks (-0.8%)

6 of 68 areas in Osaka, highest first

How risky is it?

58%

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

Higher than Osaka (43%)

19 of 68 areas in Osaka, highest first

Rent in Fukushima Ward, Osaka City

The average private rental costs ¥77k a month (2023), +2.1% since 2018. Osaka: ¥64k

Floor areaAverage rent / month
under 30 m²
studio / 1K
¥63k
vs 2018 +6.0% · Osaka: ¥50k
30–49 m²
1LDK / 2DK
¥86k
vs 2018 +9.3% · Osaka: ¥65k
50–69 m²
2LDK / 3DK
¥98k
vs 2018 +6.1% · Osaka: ¥80k
70–99 m²
3LDK / family
¥115k
vs 2018 -10.4% · Osaka: ¥89k
100–149 m²
mostly houses
¥91k
vs 2018 -4.5% · Osaka: ¥82k
Rent per m²
¥2,497
median, per month · Osaka: ¥1,794
The median used condo (¥23.0M, 30 m²) costs about 22 years of average rent for a similar-sized home (¥86k 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. 21,600 rented homes.

Accelerating prices

Fukushima, just west of Umeda, is one of Osaka's fastest-rising wards. Condo prices per m² rose about 7.8% a year over the past five years, much faster than the 4.5% before. Condos now cost about ¥0.87M per m², 1.6 times the Osaka Prefecture average and third among Osaka's 24 wards. The median condo sold for about ¥23M.

Growing households

Population grew 6.2% between 2020 and 2025 and households 13%, though in 2025 movement from the rest of Japan was about even.

Studios and families

About 60% of condo sales are studios, typically 20 m² at about ¥18M, but 3LDKs at about ¥51M are the second most traded type. Fukushima (JR) and Noda (JR) are the priciest busy stations; Tamagawa and Yodogawa are cheaper. Being within 5 minutes of a station adds about 15% per m².

The highest median rent in Osaka

Fukushima has the highest median rent of Osaka's wards. A median condo costs about 26 years of rent, better than the Osaka average.

Flood risk is the issue

Every benchmark site in Fukushima is in the worst-case flood zone and in a tsunami zone, and almost 90% are in zones of 3 m or deeper, the highest share of Osaka's wards. The ward is on low land between the Yodo river and Dojima river. Check the hazard map and the floor level before buying.

Living in Fukushima Ward, Osaka City: people, homes and risks

Population 2025
84,223
+6.2% since 2020
Osaka: -0.8%
Net moves in 2025
-16
-0.19 per 1,000 residents
Osaka: +1.79
Vacant homes (2023)
13.0%
3.0% empty and not for rent or sale
Osaka: 14.2%
Median rent (2023)
¥74k
per month, all rented homes
Osaka: ¥58k
Strong earthquake risk
57.9%
chance of shaking of intensity 6-lower or more within 30 years
Osaka: 43.3%
Average income per taxpayer
¥3.9M
taxable income in 2023, citywide figure
Osaka: ¥3.9M
Daytime population
115
people here by day per 100 residents (2020 census)
Foreign residents
3.0%
2,498 registered residents in 2024
Osaka: 3.7%
Clinics
11.8
per 10,000 residents; 6 hospitals, 63 dental clinics (2020)
Osaka: 9.8
Official land price 2026
¥396k/m²
+8.3% in a year · +27.1% in 5 years
Osaka: ¥145k/m²
Flood exposure
100.0%
of 15 benchmark sites in a worst-case flood zone (86.7% 3 m or deeper)
Osaka: 42.5%
Tsunami exposure
100.0%
of 15 benchmark sites in a tsunami inundation zone
Osaka: 10.2%
Landslide exposure
0.0%
of 15 benchmark sites in a landslide warning area
Osaka: 1.4%

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 Fukushima Ward, Osaka 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 Q1

¥18.0M

¥400k/m²

  • Ebie
  • Yodogawa · 3 min walk
  • 2DK · 45 m²
  • Built 1993 (33 yrs) · SRC
Typical2026 Q2

¥21.0M

¥840k/m²

  • Ebie
  • Ebie · 2 min walk
  • 1K · 25 m²
  • Built 2011 (15 yrs) · RC
Higher-priced2026 Q1

¥60.0M

¥923k/m²

  • Fukushima
  • Fukushima(JrWest) · 2 min walk
  • 3LDK · 65 m²
  • Built 2014 (12 yrs) · RC

House

Lower-priced2026 Q1

¥28.0M

¥467k/m²

  • Yoshino
  • Nishi Kujo · 6 min walk
  • Land 50 m² · floor 60 m²
  • Built 1976 (50 yrs) · Wood
Typical2026 Q1

¥55.0M

¥550k/m²

  • Ohiraki
  • Nodahanshin · 6 min walk
  • Land 60 m² · floor 100 m²
  • Built 2026 (0 yrs) · Wood
Higher-priced2026 Q1

¥120M

¥500k/m²

  • Fukushima
  • Fukushima(JrWest) · 5 min walk
  • Land 90 m² · floor 240 m²
  • Built 1962 (64 yrs) · RC
Median transaction price by yearA jump driven by what sold — The median house price rose 49% between 2023 and 2025. Per m², prices rose only 28%, so most of the jump comes from larger or higher-end properties changing hands, not from the same homes getting that much more expensive. With only 51 house sales in 2025, a handful of expensive deals can move the median a lot.
¥0¥20.0M¥40.0M¥60.0M20052008201120142017202020232026
Show data table
YearCondoHouse
2005¥15.5M¥35.0M
2006¥17.0M¥40.0M
2007¥18.0M¥37.0M
2008¥20.0M¥32.0M
2009¥19.0M¥31.0M
2010¥19.0M¥37.0M
2011¥18.0M¥24.0M
2012¥19.0M¥23.0M
2013¥18.0M¥32.0M
2014¥19.0M¥29.5M
2015¥19.0M¥34.0M
2016¥20.0M¥20.0M
2017¥20.0M¥33.0M
2018¥19.5M¥31.0M
2019¥26.0M¥31.0M
2020¥23.0M¥38.0M
2021¥19.0M¥35.5M
2022¥19.0M¥35.0M
2023¥20.0M¥37.0M
2024¥21.0M¥41.0M
2025¥23.0M¥55.0M
2026 (partial)¥22.0M¥45.5M
Median price per m² by yearHouses are the better deal on space — A m² of house floor space costs about 49% 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.
¥0¥500k¥1.0M20052008201120142017202020232026
Show data table
YearCondoHouseLand
2005¥276k/m²¥236k/m²–
2006¥274k/m²¥267k/m²–
2007¥325k/m²¥233k/m²–
2008¥400k/m²¥259k/m²–
2009¥382k/m²¥238k/m²–
2010¥373k/m²¥250k/m²–
2011¥370k/m²¥231k/m²¥280k/m²
2012¥369k/m²¥225k/m²–
2013¥373k/m²¥233k/m²¥280k/m²
2014¥431k/m²¥218k/m²–
2015¥486k/m²¥283k/m²¥315k/m²
2016¥552k/m²¥220k/m²¥310k/m²
2017¥585k/m²¥319k/m²¥330k/m²
2018¥600k/m²¥283k/m²¥250k/m²
2019¥567k/m²¥267k/m²–
2020¥576k/m²¥365k/m²–
2021¥640k/m²¥350k/m²–
2022¥667k/m²¥390k/m²–
2023¥750k/m²¥390k/m²–
2024¥800k/m²¥354k/m²¥710k/m²
2025¥867k/m²¥500k/m²–
2026 (partial)¥863k/m²¥386k/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 19 years old and half by around 37. After about 25 years the decline nearly stops, so a well-maintained older condo holds its price. That makes 25–35-year-old buildings with sound repair funds a value sweet spot.
¥0¥500k¥1.0M¥1.5M05101520253035404550
Show data table
Building age (years)CondoHouse
0¥1.2M/m²¥482k/m²
1¥950k/m²–
2¥887k/m²–
3¥836k/m²–
4¥857k/m²–
5¥900k/m²–
6¥950k/m²–
7¥920k/m²–
8¥890k/m²–
9¥850k/m²–
10¥783k/m²–
11¥772k/m²–
12¥800k/m²–
13¥755k/m²–
14¥717k/m²–
15¥750k/m²–
16¥800k/m²–
17¥769k/m²–
18¥663k/m²–
19¥658k/m²–
20¥693k/m²–
21¥640k/m²–
22¥696k/m²–
23¥644k/m²–
24¥614k/m²–
25¥584k/m²–
26¥618k/m²–
27¥638k/m²–
28¥520k/m²–
29¥539k/m²–
36¥400k/m²–
37¥505k/m²–
39¥386k/m²–
42¥354k/m²–
43¥384k/m²–
46¥400k/m²–
47¥306k/m²–
50¥438k/m²¥313k/m²
Condo price per m² by construction period
¥0¥500k¥1.0M20062008201020122014201620182020202220242026

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
2006¥218k/m²–––
2007¥220k/m²¥331k/m²––
2008¥207k/m²¥317k/m²¥700k/m²–
2009¥220k/m²¥283k/m²¥720k/m²–
2010¥235k/m²¥308k/m²¥760k/m²–
2011–¥312k/m²¥500k/m²–
2012¥160k/m²¥308k/m²¥415k/m²–
2013¥220k/m²¥328k/m²¥461k/m²–
2014¥233k/m²¥333k/m²¥527k/m²–
2015–¥382k/m²¥546k/m²–
2016–¥451k/m²¥600k/m²¥760k/m²
2017¥334k/m²¥440k/m²¥640k/m²¥800k/m²
2018–¥456k/m²¥600k/m²¥800k/m²
2019¥338k/m²¥433k/m²¥600k/m²¥689k/m²
2020–¥481k/m²¥650k/m²¥750k/m²
2021¥311k/m²¥480k/m²¥650k/m²¥793k/m²
2022–¥519k/m²¥700k/m²¥770k/m²
2023–¥496k/m²¥710k/m²¥850k/m²
2024–¥567k/m²¥750k/m²¥900k/m²
2025–¥592k/m²¥800k/m²¥983k/m²
2026 (partial)–––¥992k/m²
House price per m² by construction period
¥0¥100k¥200k¥300k¥400k200620082010201220142016201820202022

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
Year1981-20002001-2010
2006–¥380k/m²
2023¥301k/m²–

Prices near train stations in Fukushima Ward, Osaka 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)
Nodahanshin (野田阪神)¥21.5M¥800k/m²¥35.5M619025,914-5% vs 2019
Fukushima(JrWest) (福島(JR西日本))¥19.0M¥850k/m²¥70.0M617265,885-8% vs 2019
Shin Fukushima (新福島)¥28.0M¥800k/m²¥52.0M411018,076-13% vs 2019
Noda(JR) (野田(JR))¥20.0M¥858k/m²¥43.0M710555,105-6% vs 2019
Tamagawa(Osaka) (玉川(大阪))¥20.0M¥686k/m²¥42.0M68710,551-2% vs 2019
Ebie (海老江)¥19.0M¥811k/m²¥41.0M57223,402-2% vs 2019
Noda(Hanshin) (野田(阪神))¥33.0M¥860k/m²–65355,105-6% vs 2019
Yodogawa (淀川)¥17.5M¥545k/m²–4285,459+4% vs 2019
Nishi Kujo (西九条)¥26.5M¥631k/m²–823105,411+5% vs 2019
Fukushima(Hanshin) (福島(阪神))¥68.0M¥1.2M/m²–31665,885-8% vs 2019

Used condo prices by layout in Fukushima Ward, Osaka City

Sales from 2023–2025.

LayoutMedian used condo priceTypical sizeSales
1K¥18.0M20 m²326
3LDK¥51.0M70 m²115
2LDK¥51.0M60 m²80
1LDK¥27.5M47.5 m²28
1DK¥22.5M30 m²16

How much does an apartment cost in Fukushima Ward, Osaka City?

The median used condo (mansion) in Fukushima Ward, Osaka City sold for ¥23.0M in 2025, about ¥867k/m², based on 243 recorded sales.

How much does a house cost in Fukushima Ward, Osaka City?

The median house sale, including the land, was ¥55.0M in 2025 across 51 sales.

Are property prices in Fukushima Ward, Osaka City going up?

Over the five years to 2025, condo prices per m² changed +50.3%.

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.