Roppongi, Minato, Tokyo
Photo: Roppongi, Minato, Tokyo · Takashi Miyazaki / Unsplash

Bunkyo Ward Housing Market 2026: Schools, Families and Steady Growth

Data updated 2026-11-11 · Source: MLIT transaction price survey, 2005 Q3–2026 Q2 · Transactions in 2025: 715

In short

  1. 1
    Quiet and in demand

    Bunkyo has universities, quiet residential streets and no big entertainment district.

  2. 2
    Families buy here

    About 16% of condo sales are 3-bedroom-class family homes, among the highest shares of the central wards, and 2LDK is the second most traded layout.

  3. 3
    Steady, not accelerating

    Condo prices per m² rose about 4% a year over the past five years, a little slower than the five years before.

  4. 4
    Rents and risks

    A median condo costs about 43 years of median rent, so yields are a bit thinner than the Tokyo average.

The answers, compared

What does a home cost?

¥49.0M

median used condo · ¥1.3M/m²

23% above the Tokyo median

8 of 47 areas in Tokyo, highest first

Are prices rising?

+26.0%

over 5 years

Slower than Tokyo (+26.5%)

38 of 50 areas in Tokyo, highest first

Can local earners afford it?

6.4× income

median price ÷ average taxable income

Easier than Tokyo (6.8×)

36 of 50 areas in Tokyo, highest first

Rent or buy?

43years of rent

median price ÷ a year of median rent

Longer than Tokyo (39)

23 of 50 areas in Tokyo, highest first

Are people moving in?

+4.1%

population, 2020–25

Faster than Tokyo (+1.4%)

6 of 50 areas in Tokyo, highest first

How risky is it?

65%

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

Higher than Tokyo (53%)

6 of 50 areas in Tokyo, highest first

Rent in Bunkyo Ward

The average private rental costs ¥114k a month (2023), +7.9% since 2018. Tokyo: ¥95k

Floor areaAverage rent / month
under 30 m²
studio / 1K
¥79k
vs 2018 +5.1% · Tokyo: ¥70k
30–49 m²
1LDK / 2DK
¥123k
vs 2018 +15.6% · Tokyo: ¥99k
50–69 m²
2LDK / 3DK
¥169k
vs 2018 +16.0% · Tokyo: ¥126k
70–99 m²
3LDK / family
¥198k
vs 2018 +29.3% · Tokyo: ¥155k
100–149 m²
mostly houses
¥302k
vs 2018 +41.1% · Tokyo: ¥191k
Rent per m²
¥3,434
median, per month · Tokyo: ¥2,800
The median used condo (¥49.0M, 40 m²) costs about 33 years of average rent for a similar-sized home (¥123k 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. 60,300 rented homes.

Quiet and in demand

Bunkyo has universities, quiet residential streets and no big entertainment district. Its population grew 4.1% between 2020 and 2025, and unlike Shinjuku or Minato, more people moved in from the rest of Japan than left. Condos cost about ¥1.3M per m², eighth among the 23 wards, and the median condo sold for about ¥49M.

Families buy here

About 16% of condo sales are 3-bedroom-class family homes, among the highest shares of the central wards, and 2LDK is the second most traded layout. The most active stations are Kasuga, Edogawabashi and Myogadani, all residential areas rather than business districts.

Steady, not accelerating

Condo prices per m² rose about 4% a year over the past five years, a little slower than the five years before. Benchmark residential land rose 13.2% in the past year and about 85% over ten years. Land sold in transactions rose about 50% in five years, close to the official benchmark change.

Station distance

Condos within 5 minutes of a station sell for about 9% more per m² than those 11–15 minutes away, a smaller premium than in Shinjuku or Minato. Bunkyo is compact and well served by subway lines.

Rents and risks

A median condo costs about 43 years of median rent, so yields are a bit thinner than the Tokyo average. Bunkyo has the sixth highest earthquake probability among the wards (about 65% for 6-lower or stronger in 30 years). Flood exposure is limited to the low valleys; about a quarter of benchmark sites are in a flood zone. No Urgent Urban Renewal Area is in Bunkyo, so change is gradual.

Living in Bunkyo Ward: people, homes and risks

Population 2025
250,030
+4.1% since 2020
Tokyo: +1.4%
Net moves in 2025
+667
+2.67 per 1,000 residents
Tokyo: +4.58
Vacant homes (2023)
10.5%
4.6% empty and not for rent or sale
Tokyo: 10.9%
Median rent (2023)
¥95k
per month, all rented homes
Tokyo: ¥78k
Strong earthquake risk
64.7%
chance of shaking of intensity 6-lower or more within 30 years
Tokyo: 52.8%
Reported crime
5.3
per 1,000 residents in 2025 (1,329 crimes recorded by the Tokyo police)
Tokyo: 6.9
Average income per taxpayer
¥7.6M
taxable income in 2023
Tokyo: ¥5.4M
Daytime population
147
people here by day per 100 residents (2020 census)
Foreign residents
6.8%
15,923 registered residents in 2024
Tokyo: 5.2%
Clinics
10.1
per 10,000 residents; 10 hospitals, 253 dental clinics (2020)
Tokyo: 9.8
Official land price 2026
¥1.4M/m²
+13.2% in a year · +46.6% in 5 years
Tokyo: ¥407k/m²
Flood exposure
24.0%
of 50 benchmark sites in a worst-case flood zone (2.0% 3 m or deeper)
Tokyo: 42.5%
Landslide exposure
0.0%
of 50 benchmark sites in a landslide warning area
Tokyo: 0.8%

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 Bunkyo Ward

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

¥25.0M

¥1.3M/m²

  • Otowa
  • Gokokuji · 5 min walk
  • 1K · 20 m²
  • Built 2002 (24 yrs) · RC
Typical2026 Q1

¥53.0M

¥1.5M/m²

  • Hakusan
  • Hakusan(Tokyo) · 3 min walk
  • 1LDK · 35 m²
  • Built 2010 (16 yrs) · RC
Higher-priced2026 Q1

¥110M

¥1.6M/m²

  • Otowa
  • Gokokuji · 1 min walk
  • 3LDK · 70 m²
  • Built 1987 (39 yrs) · SRC

House

Lower-priced2025 Q3

¥87.0M

¥1.2M/m²

  • Honkomagome
  • Sengoku · 6 min walk
  • Land 70 m² · floor 70 m²
  • Built 1976 (49 yrs) · Wood
Typical2026 Q1

¥180M

¥1.7M/m²

  • Nishikata
  • Todaimae · 3 min walk
  • Land 100 m² · floor 105 m²
  • Built 1973 (53 yrs) · Wood
Higher-priced2025 Q4

¥450M

¥1.3M/m²

  • Sengoku
  • Sengoku · 4 min walk
  • Land 450 m² · floor 340 m²
  • Built 1974 (51 yrs) · RC
Median transaction price by year
¥0¥50.0M¥100M¥150M¥200M20052008201120142017202020232026
Show data table
YearCondoHouse
2005¥22.0M¥68.0M
2006¥23.0M¥86.0M
2007¥25.0M¥92.5M
2008¥23.0M¥71.0M
2009¥24.0M¥67.5M
2010¥23.0M¥65.0M
2011¥26.5M¥66.5M
2012¥24.0M¥59.5M
2013¥23.0M¥66.5M
2014¥22.0M¥69.0M
2015¥23.0M¥75.5M
2016¥25.0M¥110M
2017¥24.0M¥90.0M
2018¥28.5M¥95.0M
2019¥32.0M¥79.0M
2020¥31.0M¥79.5M
2021¥34.0M¥91.0M
2022¥33.0M¥110M
2023¥43.5M¥130M
2024¥43.0M¥145M
2025¥49.0M¥155M
2026 (partial)¥39.0M¥170M
Median price per m² by yearHouses are the better deal on space — A m² of house floor space costs about 13% 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 narrowed over the decade as house prices caught up.
¥0¥500k¥1.0M¥1.5M20052008201120142017202020232026
Show data table
YearCondoHouseLand
2005¥880k/m²¥568k/m²¥640k/m²
2006¥800k/m²¥553k/m²¥740k/m²
2007¥750k/m²¥696k/m²¥820k/m²
2008¥760k/m²¥658k/m²¥785k/m²
2009¥700k/m²¥547k/m²¥625k/m²
2010¥767k/m²¥543k/m²¥705k/m²
2011¥750k/m²¥487k/m²¥650k/m²
2012¥691k/m²¥505k/m²¥710k/m²
2013¥707k/m²¥600k/m²¥730k/m²
2014¥771k/m²¥571k/m²¥720k/m²
2015¥860k/m²¥632k/m²¥835k/m²
2016¥900k/m²¥676k/m²¥870k/m²
2017¥943k/m²¥708k/m²¥950k/m²
2018¥960k/m²¥743k/m²¥980k/m²
2019¥1.0M/m²¥752k/m²¥890k/m²
2020¥1.1M/m²¥781k/m²¥1.0M/m²
2021¥1.1M/m²¥879k/m²¥1.1M/m²
2022¥1.1M/m²¥1.0M/m²¥1.3M/m²
2023¥1.2M/m²¥1.0M/m²¥1.2M/m²
2024¥1.2M/m²¥1.0M/m²¥1.4M/m²
2025¥1.3M/m²¥1.2M/m²¥1.5M/m²
2026 (partial)¥1.4M/m²¥1.2M/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 28 years old. 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¥1.0M¥2.0M¥3.0M05101520253035404550
Show data table
Building age (years)CondoHouse
0¥2.2M/m²¥1.2M/m²
1¥1.7M/m²¥1.2M/m²
2¥1.5M/m²–
3¥1.4M/m²¥1.2M/m²
4¥1.4M/m²–
5¥1.5M/m²–
6¥1.5M/m²–
7¥1.4M/m²¥1.3M/m²
8¥1.4M/m²–
9¥1.4M/m²–
10¥1.4M/m²–
11¥1.3M/m²¥948k/m²
12¥1.3M/m²–
13¥1.3M/m²–
14¥1.3M/m²–
15¥1.3M/m²–
16¥1.2M/m²–
17¥1.2M/m²–
18¥1.2M/m²–
19¥1.2M/m²–
20¥1.2M/m²–
21¥1.2M/m²–
22¥1.2M/m²–
23¥1.2M/m²–
24¥1.2M/m²–
25¥1.1M/m²–
26¥1.2M/m²–
27¥1.1M/m²–
28¥1.1M/m²–
29¥1.1M/m²–
30¥1.1M/m²¥1.0M/m²
31¥1.1M/m²–
32¥929k/m²–
33¥867k/m²–
34¥883k/m²¥706k/m²
35¥950k/m²–
36¥960k/m²–
37¥900k/m²¥780k/m²
38¥897k/m²–
39¥950k/m²–
40¥1.0M/m²–
41¥1.0M/m²–
42¥1.1M/m²–
43¥800k/m²–
44¥813k/m²–
45¥933k/m²¥905k/m²
46¥914k/m²–
47¥1.0M/m²–
48¥756k/m²–
49–¥609k/m²
50¥825k/m²¥800k/m²
Condo price per m² by construction period
¥0¥1.0M¥2.0M¥3.0M20052008201120142017202020232026

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–¥582k/m²¥1.1M/m²–
2006¥466k/m²¥583k/m²¥1.1M/m²–
2007¥511k/m²¥667k/m²¥950k/m²–
2008–¥666k/m²¥900k/m²–
2009–¥618k/m²¥853k/m²–
2010–¥633k/m²¥886k/m²–
2011¥455k/m²¥635k/m²¥800k/m²¥1.0M/m²
2012¥471k/m²¥600k/m²¥800k/m²¥960k/m²
2013¥467k/m²¥613k/m²¥800k/m²¥883k/m²
2014¥492k/m²¥664k/m²¥850k/m²¥1.0M/m²
2015–¥733k/m²¥950k/m²¥1.1M/m²
2016¥600k/m²¥833k/m²¥965k/m²¥1.1M/m²
2017¥662k/m²¥817k/m²¥1.0M/m²¥1.1M/m²
2018¥680k/m²¥873k/m²¥1.1M/m²¥1.2M/m²
2019¥717k/m²¥857k/m²¥1.1M/m²¥1.1M/m²
2020¥706k/m²¥900k/m²¥1.1M/m²¥1.2M/m²
2021¥740k/m²¥952k/m²¥1.1M/m²¥1.3M/m²
2022¥771k/m²¥1.0M/m²¥1.1M/m²¥1.3M/m²
2023¥829k/m²¥1.0M/m²¥1.2M/m²¥1.5M/m²
2024¥928k/m²¥1.1M/m²¥1.3M/m²¥1.5M/m²
2025¥967k/m²¥1.2M/m²¥1.4M/m²¥1.7M/m²
2026 (partial)–¥1.3M/m²¥1.5M/m²¥2.4M/m²
House price per m² by construction period
¥0¥500k¥1.0M2006200820102012201420162018202020222024

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¥443k/m²¥463k/m²¥687k/m²–
2007–¥564k/m²¥800k/m²–
2008–¥537k/m²¥733k/m²–
2009–¥429k/m²¥680k/m²–
2010–¥449k/m²¥667k/m²–
2011–¥434k/m²––
2012–¥400k/m²–¥707k/m²
2013–¥505k/m²–¥691k/m²
2014–¥463k/m²–¥700k/m²
2015–¥547k/m²–¥811k/m²
2016–¥567k/m²–¥838k/m²
2017–¥562k/m²–¥856k/m²
2018¥462k/m²¥632k/m²–¥853k/m²
2019–¥581k/m²–¥900k/m²
2020–¥620k/m²–¥913k/m²
2021–¥715k/m²––
2022–¥649k/m²––
2023–¥864k/m²––
2024–¥783k/m²––
2025¥1.0M/m²¥913k/m²––

Prices near train stations in Bunkyo Ward

Sales from 2023–2025, grouped by nearest station.

StationMedian used condo priceCondo price per m²Median house price (land + building)Walk (min)SalesDaily passengers (2023)
Kasuga(Tokyo) (春日(東京))¥60.0M¥1.3M/m²¥150M522167,327-49% vs 2019
Edogawabashi (江戸川橋)¥40.0M¥1.2M/m²¥285M517748,975-9% vs 2019
Myogadani (茗荷谷)¥42.0M¥1.3M/m²¥135M716776,244-2% vs 2019
Sengoku (千石)¥64.0M¥1.3M/m²¥150M514630,408-1% vs 2019
Gokokuji (護国寺)¥45.5M¥1.1M/m²¥210M413939,316-9% vs 2019
Sendagi (千駄木)¥36.5M¥1.1M/m²¥110M513827,607-7% vs 2019
Hongo Sanchome (本郷三丁目)¥62.5M¥1.4M/m²¥200M512370,103-11% vs 2019
Hakusan(Tokyo) (白山(東京))¥27.5M¥1.2M/m²¥130M59245,428-11% vs 2019
Hon Komagome (本駒込)¥37.0M¥1.3M/m²¥125M48320,191-12% vs 2019
Yushima(Tokyo) (湯島)¥32.0M¥1.4M/m²¥160M48135,983-4% vs 2019
Shin Otsuka (新大塚)¥27.0M¥1.1M/m²¥135M57225,095-3% vs 2019
Komagome (駒込)¥39.5M¥1.2M/m²¥140M967121,822-13% vs 2019
Korakuen (後楽園)¥43.5M¥1.3M/m²¥140M96699,051-7% vs 2019
Nezu (根津)¥64.0M¥1.3M/m²–36526,589-10% vs 2019
Todaimae (東大前)¥38.0M¥1.2M/m²¥145M46225,870-11% vs 2019

Used condo prices by layout in Bunkyo Ward

Sales from 2023–2025.

LayoutMedian used condo priceTypical sizeSales
1K¥24.0M20 m²488
2LDK¥80.0M55 m²288
1LDK¥51.0M40 m²241
3LDK¥110M70 m²209
1DK¥32.5M30 m²76
2DK¥45.0M45 m²40
1R¥19.0M15 m²21
Open floor¥57.0M55 m²19

How much does an apartment cost in Bunkyo Ward?

The median used condo (mansion) in Bunkyo Ward sold for ¥49.0M in 2025, about ¥1.3M/m², based on 502 recorded sales.

How much does a house cost in Bunkyo Ward?

The median house sale, including the land, was ¥155M in 2025 across 136 sales.

Are property prices in Bunkyo Ward going up?

Over the five years to 2025, condo prices per m² changed +26.0% and residential land prices changed +50.0%.

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.