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Suginami Ward Housing Market 2026: Steady West Tokyo, Popular With Newcomers

Data updated 2026-11-11 · Source: MLIT transaction price survey, 2005 Q3–2026 Q2 · Transactions in 2025: 1,432

In short

  1. 1
    A big residential ward

    Suginami, with about 600,000 people, is a residential ward along the Chuo and Inokashira lines.

  2. 2
    At the Tokyo average

    Condos cost about ¥1.1M per m², almost exactly the Tokyo average and 15th among the wards.

  3. 3
    Studios and family flats

    Almost half of condo sales are studios; the most traded home is a 20 m² 1K at about ¥21M.

  4. 4
    Every station costs the same

    The busiest stations, Ogikubo, Nishi-Ogikubo, Honancho, Takaido and Koenji, all sell condos at about ¥1.0M per m².

  5. 5
    Low flood risk, but earthquakes

    A median condo costs about 40 years of median rent, about the Tokyo average.

The answers, compared

What does a home cost?

¥37.0M

median used condo · ¥1.1M/m²

1% below the Tokyo median

15 of 47 areas in Tokyo, highest first

Are prices rising?

+21.4%

over 5 years

Slower than Tokyo (+26.5%)

42 of 50 areas in Tokyo, highest first

Can local earners afford it?

6.7× income

median price ÷ average taxable income

In line with Tokyo (6.8×)

32 of 50 areas in Tokyo, highest first

Rent or buy?

39years of rent

median price ÷ a year of median rent

In line with Tokyo (39)

25 of 50 areas in Tokyo, highest first

Are people moving in?

+1.1%

population, 2020–25

In line with Tokyo (+1.4%)

24 of 50 areas in Tokyo, highest first

How risky is it?

61%

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

Higher than Tokyo (53%)

9 of 50 areas in Tokyo, highest first

Rent in Suginami Ward

The average private rental costs ¥90k a month (2023), +5.2% since 2018. Tokyo: ¥95k

Floor areaAverage rent / month
under 30 m²
studio / 1K
¥68k
vs 2018 +1.4% · Tokyo: ¥70k
30–49 m²
1LDK / 2DK
¥105k
vs 2018 +15.7% · Tokyo: ¥99k
50–69 m²
2LDK / 3DK
¥129k
vs 2018 +9.2% · Tokyo: ¥126k
70–99 m²
3LDK / family
¥148k
vs 2018 +9.0% · Tokyo: ¥155k
100–149 m²
mostly houses
¥184k
vs 2018 +36.8% · Tokyo: ¥191k
150 m² +
mostly houses
¥90k
vs 2018 -42.0% · Tokyo: ¥271k
Rent per m²
¥2,975
median, per month · Tokyo: ¥2,800
The median used condo (¥37.0M, 35 m²) costs about 29 years of average rent for a similar-sized home (¥105k 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. 163,540 rented homes.

A big residential ward

Suginami, with about 600,000 people, is a residential ward along the Chuo and Inokashira lines. In 2025 about 4,000 more people moved in from the rest of Japan than left, about 6.7 per 1,000 residents, fifth among the 23 wards. Population grew 1.1% between 2020 and 2025.

At the Tokyo average

Condos cost about ¥1.1M per m², almost exactly the Tokyo average and 15th among the wards. The median condo sold for about ¥37M and the median house for about ¥90M. Prices per m² rose about 4% a year over the past five years, a little slower than before.

Studios and family flats

Almost half of condo sales are studios; the most traded home is a 20 m² 1K at about ¥21M. But 3LDKs at about ¥70M are the second most traded, and Suginami has many detached houses, more than 580 sold in 2025.

Every station costs the same

The busiest stations, Ogikubo, Nishi-Ogikubo, Honancho, Takaido and Koenji, all sell condos at about ¥1.0M per m². Iogi in the north is the cheapest at about ¥0.8M. Being within 5 minutes of a station adds about 13% per m².

Low flood risk, but earthquakes

A median condo costs about 40 years of median rent, about the Tokyo average. None of Suginami's benchmark sites are in deep flood zones. Earthquake probability is above average for the wards, about 61% for 6-lower in 30 years, and many streets of older wooden houses are fire risks in a quake. Vacancy is among the lowest in Tokyo.

Living in Suginami Ward: people, homes and risks

Population 2025
597,566
+1.1% since 2020
Tokyo: +1.4%
Net moves in 2025
+3,996
+6.69 per 1,000 residents
Tokyo: +4.58
Vacant homes (2023)
9.5%
1.7% empty and not for rent or sale
Tokyo: 10.9%
Median rent (2023)
¥78k
per month, all rented homes
Tokyo: ¥78k
Strong earthquake risk
60.9%
chance of shaking of intensity 6-lower or more within 30 years
Tokyo: 52.8%
Reported crime
4.3
per 1,000 residents in 2025 (2,547 crimes recorded by the Tokyo police)
Tokyo: 6.9
Average income per taxpayer
¥5.6M
taxable income in 2023
Tokyo: ¥5.4M
Daytime population
84
people here by day per 100 residents (2020 census)
Foreign residents
3.9%
22,289 registered residents in 2024
Tokyo: 5.2%
Clinics
8.7
per 10,000 residents; 20 hospitals, 424 dental clinics (2020)
Tokyo: 9.8
Official land price 2026
¥694k/m²
+7.9% in a year · +29.5% in 5 years
Tokyo: ¥407k/m²
Flood exposure
22.1%
of 86 benchmark sites in a worst-case flood zone (0.0% 3 m or deeper)
Tokyo: 42.5%
Landslide exposure
0.0%
of 86 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 Suginami 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

¥19.0M

¥1.3M/m²

  • Amanuma
  • Ogikubo · 9 min walk
  • 1K · 15 m²
  • Built 1999 (27 yrs) · RC
Typical2026 Q2

¥32.0M

¥1.3M/m²

  • Kamitakaido
  • Kami Kitazawa · 9 min walk
  • 1K · 25 m²
  • Built 2014 (12 yrs) · RC
Higher-priced2026 Q2

¥70.0M

¥875k/m²

  • Kamiogi
  • Nishi Ogikubo · 12 min walk
  • 3LDK · 80 m²
  • Built 2004 (22 yrs) · Steel

House

Lower-priced2026 Q1

¥69.0M

¥986k/m²

  • Zempukuji
  • Nishi Ogikubo · 15 min walk
  • Land 60 m² · floor 70 m²
  • Built 2002 (24 yrs) · Wood
Typical2026 Q2

¥95.0M

¥1.1M/m²

  • Izumi
  • Daitabashi · 7 min walk
  • Land 100 m² · floor 90 m²
  • Built 2026 (0 yrs) · Wood
Higher-priced2026 Q2

¥140M

¥1.5M/m²

  • Koenjiminami
  • Koenji · 5 min walk
  • Land 65 m² · floor 95 m²
  • Built 1996 (30 yrs) · Wood
Median transaction price by yearA sharp recent rise — The median condo price rose 28% between 2023 and 2025. Prices per m² rose 14%, so most of it is a real increase, with the rest coming from larger homes selling.
¥0¥50.0M¥100M¥150M20052008201120142017202020232026
Show data table
YearCondoHouse
2005¥22.0M¥61.0M
2006¥23.0M¥60.5M
2007¥21.0M¥67.0M
2008¥22.0M¥64.5M
2009¥24.0M¥57.0M
2010¥19.0M¥56.5M
2011¥20.0M¥58.0M
2012¥19.0M¥58.0M
2013¥18.0M¥58.0M
2014¥20.0M¥60.0M
2015¥24.0M¥61.0M
2016¥23.0M¥64.0M
2017¥25.0M¥65.0M
2018¥25.0M¥66.0M
2019¥28.0M¥68.0M
2020¥27.0M¥65.0M
2021¥27.0M¥74.0M
2022¥28.0M¥78.0M
2023¥29.0M¥82.0M
2024¥31.0M¥84.0M
2025¥37.0M¥90.0M
2026 (partial)¥30.0M¥110M
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.
¥0¥500k¥1.0M¥1.5M20052008201120142017202020232026
Show data table
YearCondoHouseLand
2005¥700k/m²¥600k/m²¥470k/m²
2006¥629k/m²¥629k/m²¥500k/m²
2007¥692k/m²¥653k/m²¥550k/m²
2008¥646k/m²¥632k/m²¥500k/m²
2009¥589k/m²¥600k/m²¥430k/m²
2010¥600k/m²¥610k/m²¥440k/m²
2011¥650k/m²¥611k/m²¥470k/m²
2012¥585k/m²¥575k/m²¥460k/m²
2013¥600k/m²¥612k/m²¥440k/m²
2014¥650k/m²¥614k/m²¥480k/m²
2015¥720k/m²¥663k/m²¥490k/m²
2016¥745k/m²¥662k/m²¥520k/m²
2017¥800k/m²¥671k/m²¥530k/m²
2018¥800k/m²¥694k/m²¥550k/m²
2019¥829k/m²¥707k/m²¥550k/m²
2020¥878k/m²¥732k/m²¥550k/m²
2021¥909k/m²¥775k/m²¥600k/m²
2022¥933k/m²¥791k/m²¥650k/m²
2023¥933k/m²¥840k/m²¥700k/m²
2024¥1.0M/m²¥871k/m²¥730k/m²
2025¥1.1M/m²¥933k/m²¥760k/m²
2026 (partial)¥1.1M/m²¥978k/m²¥780k/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 24 years old and half by around 46. 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 20 years — House prices per m² drop about 24% from new by age 20, 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¥1.5M¥2.0M05101520253035404550
Show data table
Building age (years)CondoHouse
0¥1.3M/m²¥938k/m²
1¥1.6M/m²¥970k/m²
2¥1.4M/m²¥950k/m²
3¥1.3M/m²¥1.2M/m²
4¥1.3M/m²¥912k/m²
5¥1.2M/m²¥859k/m²
6¥1.2M/m²¥871k/m²
7¥1.2M/m²¥909k/m²
8¥1.1M/m²¥842k/m²
9¥1.1M/m²¥789k/m²
10¥1.1M/m²¥865k/m²
11¥1.1M/m²¥773k/m²
12¥1.1M/m²¥811k/m²
13¥1.1M/m²¥776k/m²
14¥1.0M/m²¥713k/m²
15¥1.1M/m²¥757k/m²
16¥1.0M/m²¥815k/m²
17¥1.0M/m²¥749k/m²
18¥1.0M/m²¥721k/m²
19¥1.0M/m²¥757k/m²
20¥1.0M/m²¥644k/m²
21¥1.0M/m²¥692k/m²
22¥1.0M/m²¥819k/m²
23¥967k/m²¥724k/m²
24¥1.0M/m²¥639k/m²
25¥950k/m²¥650k/m²
26¥933k/m²¥641k/m²
27¥1.0M/m²¥533k/m²
28¥933k/m²¥611k/m²
29¥900k/m²¥613k/m²
30¥867k/m²¥704k/m²
31¥800k/m²¥703k/m²
32¥800k/m²¥694k/m²
33¥800k/m²¥568k/m²
34¥800k/m²¥611k/m²
35¥718k/m²¥611k/m²
36¥690k/m²¥591k/m²
37¥732k/m²¥571k/m²
38¥750k/m²¥560k/m²
39¥660k/m²¥516k/m²
40¥780k/m²¥565k/m²
41¥733k/m²¥647k/m²
42–¥593k/m²
43–¥581k/m²
44–¥650k/m²
45–¥650k/m²
46¥564k/m²¥600k/m²
47¥653k/m²¥745k/m²
48¥633k/m²¥619k/m²
49¥645k/m²¥577k/m²
50¥659k/m²¥538k/m²
Condo price per m² by construction periodOlder buildings are keeping up — Older pre-1981 buildings have actually risen faster (5% a year) than 2000s buildings (3.2%), usually a sign that land value is driving prices. Pre-1981 buildings, built before the current earthquake standard, trade about 20% below 1980s–90s buildings.
¥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–¥545k/m²¥1.0M/m²–
2006¥433k/m²¥553k/m²¥900k/m²–
2007¥444k/m²¥600k/m²¥944k/m²–
2008¥478k/m²¥600k/m²¥857k/m²–
2009¥400k/m²¥550k/m²¥731k/m²–
2010¥400k/m²¥567k/m²¥750k/m²–
2011¥400k/m²¥554k/m²¥838k/m²¥950k/m²
2012¥400k/m²¥555k/m²¥714k/m²–
2013¥415k/m²¥571k/m²¥738k/m²–
2014¥407k/m²¥571k/m²¥771k/m²¥947k/m²
2015¥505k/m²¥660k/m²¥827k/m²¥943k/m²
2016¥522k/m²¥683k/m²¥854k/m²¥982k/m²
2017¥509k/m²¥733k/m²¥867k/m²¥1.0M/m²
2018¥543k/m²¥752k/m²¥900k/m²¥1.0M/m²
2019¥571k/m²¥729k/m²¥929k/m²¥969k/m²
2020¥600k/m²¥800k/m²¥991k/m²¥1.0M/m²
2021¥571k/m²¥800k/m²¥1.0M/m²¥1.0M/m²
2022¥645k/m²¥836k/m²¥1.0M/m²¥1.1M/m²
2023¥600k/m²¥825k/m²¥1.0M/m²¥1.1M/m²
2024¥737k/m²¥900k/m²¥1.1M/m²¥1.2M/m²
2025¥750k/m²¥933k/m²¥1.1M/m²¥1.3M/m²
2026 (partial)–¥993k/m²¥1.2M/m²¥1.4M/m²
House price per m² by construction period
¥0¥500k¥1.0M20052008201120142017202020232026

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¥457k/m²¥518k/m²¥651k/m²–
2006¥467k/m²¥564k/m²¥691k/m²–
2007¥508k/m²¥581k/m²¥727k/m²–
2008¥444k/m²¥537k/m²¥700k/m²–
2009¥459k/m²¥485k/m²¥659k/m²–
2010¥466k/m²¥474k/m²¥660k/m²¥635k/m²
2011¥400k/m²¥460k/m²¥643k/m²¥682k/m²
2012¥389k/m²¥471k/m²¥561k/m²¥642k/m²
2013¥400k/m²¥451k/m²¥580k/m²¥674k/m²
2014¥421k/m²¥480k/m²¥563k/m²¥688k/m²
2015¥400k/m²¥505k/m²¥640k/m²¥737k/m²
2016¥443k/m²¥500k/m²¥640k/m²¥747k/m²
2017¥467k/m²¥522k/m²¥682k/m²¥738k/m²
2018¥480k/m²¥537k/m²¥649k/m²¥765k/m²
2019¥480k/m²¥546k/m²¥662k/m²¥769k/m²
2020¥548k/m²¥518k/m²¥688k/m²¥779k/m²
2021¥520k/m²¥567k/m²¥700k/m²¥833k/m²
2022¥519k/m²¥565k/m²¥736k/m²¥906k/m²
2023¥667k/m²¥630k/m²¥750k/m²¥880k/m²
2024¥683k/m²¥619k/m²¥741k/m²¥920k/m²
2025¥630k/m²¥660k/m²¥877k/m²¥938k/m²
2026 (partial)–¥655k/m²––

Prices near train stations in Suginami 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)
Ogikubo (荻窪)¥32.0M¥1.0M/m²¥90.0M10471242,043-12% vs 2019
Nishi Ogikubo (西荻窪)¥36.0M¥1.0M/m²¥96.0M934183,258-9% vs 2019
Honancho (方南町)¥30.0M¥1.0M/m²¥81.0M826938,148-4% vs 2019
Takaido (高井戸)¥39.5M¥1.0M/m²¥84.5M921037,317-16% vs 2019
Higashi Koenji (東高円寺)¥29.0M¥1.0M/m²¥120M620131,918-11% vs 2019
Minami Asagaya (南阿佐ケ谷)¥50.5M¥1.1M/m²¥82.0M819126,654-5% vs 2019
Asagaya (阿佐ケ谷)¥39.0M¥971k/m²¥83.0M816680,642-13% vs 2019
Koenji (高円寺)¥26.5M¥1.0M/m²¥99.5M716292,138-11% vs 2019
Shin Koenji (新高円寺)¥21.5M¥867k/m²¥74.0M714934,052-10% vs 2019
Iogi (井荻)¥41.5M¥800k/m²¥76.5M811617,843-10% vs 2019
Hamadayama (浜田山)¥100M¥1.3M/m²¥98.0M811226,853-11% vs 2019
Kugayama (久我山)¥26.0M¥875k/m²¥86.0M711137,302-9% vs 2019
Kami Igusa (上井草)¥49.0M¥779k/m²¥80.0M810918,132-15% vs 2019
Shimo Igusa (下井草)¥23.0M¥939k/m²¥73.0M810221,827-12% vs 2019
Fujimigaoka (富士見ケ丘)¥39.0M¥892k/m²¥98.0M89212,575-10% vs 2019

Used condo prices by layout in Suginami Ward

Sales from 2023–2025.

LayoutMedian used condo priceTypical sizeSales
1K¥21.0M20 m²627
3LDK¥70.0M70 m²333
2LDK¥58.0M55 m²249
1LDK¥39.0M35 m²236
1DK¥27.0M30 m²137
1R¥13.0M15 m²59
2DK¥35.0M40 m²49
4LDK¥98.0M85 m²15

How much does an apartment cost in Suginami Ward?

The median used condo (mansion) in Suginami Ward sold for ¥37.0M in 2025, about ¥1.1M/m², based on 592 recorded sales.

How much does a house cost in Suginami Ward?

The median house sale, including the land, was ¥90.0M in 2025 across 584 sales.

Are property prices in Suginami Ward going up?

Over the five years to 2025, condo prices per m² changed +21.4% and residential land prices changed +38.2%.

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.