Taito Ward Housing Market 2026: The Fastest-Growing Ward, on Low Ground
Data updated 2026-11-11 · Source: MLIT transaction price survey, 2005 Q3–2026 Q2 · Transactions in 2025: 754
In short
- 1Population growing fastest in Tokyo
Taito, home to Ueno and Asakusa, grew 8.0% between 2020 and 2025, the most of any of the 23 wards.
- 2Still cheaper than the core
Condos cost about ¥1.2M per m², only slightly above the Tokyo average and tenth among the wards.
- 3Small homes, old houses
Almost half of condo sales are studios and 1K units.
- 4Flood risk is the issue
About 85% of Taito's benchmark sites are inside the worst-case flood zone, and about a third are in zones of 3 m or deeper, mainly in the east near the Sumida river.
The answers, compared
What does a home cost?
¥40.0M
median used condo · ¥1.2M/m²
12% above the Tokyo median
10 of 47 areas in Tokyo, highest first
Are prices rising?
+29.2%
over 5 years
Faster than Tokyo (+26.5%)
30 of 50 areas in Tokyo, highest first
Can local earners afford it?
7.8× income
median price ÷ average taxable income
Harder than Tokyo (6.8×)
16 of 50 areas in Tokyo, highest first
Rent or buy?
32years of rent
median price ÷ a year of median rent
Shorter than Tokyo (39)
40 of 50 areas in Tokyo, highest first
Are people moving in?
+8.0%
population, 2020–25
Faster than Tokyo (+1.4%)
1 of 50 areas in Tokyo, highest first
How risky is it?
49%
chance of strong shaking (6-lower+) in 30 years
Lower than Tokyo (53%)
20 of 50 areas in Tokyo, highest first
Rent in Taito Ward
The average private rental costs ¥113k a month (2023), +11.2% since 2018. Tokyo: ¥95k
| Floor area | Typical layout | Average rent / month | Taito WardTokyo |
|---|---|---|---|
| under 30 m² studio / 1K | studio / 1K | ¥86k vs 2018 +12.4% · Tokyo: ¥70k | |
| 30–49 m² 1LDK / 2DK | 1LDK / 2DK | ¥118k vs 2018 +14.8% · Tokyo: ¥99k | |
| 50–69 m² 2LDK / 3DK | 2LDK / 3DK | ¥148k vs 2018 +10.1% · Tokyo: ¥126k | |
| 70–99 m² 3LDK / family | 3LDK / family | ¥184k vs 2018 +32.2% · Tokyo: ¥155k | |
| 100–149 m² mostly houses | mostly houses | ¥146k vs 2018 -2.6% · Tokyo: ¥191k | |
| 150 m² + mostly houses | mostly houses | ¥109k vs 2018 -15.0% · Tokyo: ¥271k |
- Rent per m²
- ¥3,314
- median, per month · Tokyo: ¥2,800
- The median used condo (¥40.0M, 35 m²) costs about 28 years of average rent for a similar-sized home (¥118k 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. 64,030 rented homes.
Population growing fastest in Tokyo
Taito, home to Ueno and Asakusa, grew 8.0% between 2020 and 2025, the most of any of the 23 wards. Households grew 15%, so most newcomers are single people or couples. Net movement from the rest of Japan was about zero, so much of the growth comes from abroad and new condos.
Still cheaper than the core
Condos cost about ¥1.2M per m², only slightly above the Tokyo average and tenth among the wards. The median condo sold for about ¥40M. Prices per m² rose about 5% a year over the past five years, a bit slower than before. Land prices are moving faster: land sold in transactions roughly doubled in five years, and benchmark residential land rose 14.2% in the past year.
Small homes, old houses
Almost half of condo sales are studios and 1K units. Iriya, Minowa and Asakusa (Tsukuba Express) are the busiest stations, and Minami-Senju and Minowa the cheapest. Houses lose value fast: a house is down to land value by about 28 years old, and the land is what people pay for.
Good yields
A median condo costs about 32 years of median rent, one of the best ratios in central Tokyo, which is why investors buy here.
Flood risk is the issue
About 85% of Taito's benchmark sites are inside the worst-case flood zone, and about a third are in zones of 3 m or deeper, mainly in the east near the Sumida river. Check the hazard map before buying in Asakusa or Iriya. The Akihabara–Kanda renewal area reaches into the ward's southwest.
Living in Taito Ward: people, homes and risks
- Population 2025
- 228,390
- +8.0% since 2020
- Tokyo: +1.4%
- Net moves in 2025
- -32
- -0.14 per 1,000 residents
- Tokyo: +4.58
- Vacant homes (2023)
- 10.5%
- 6.9% empty and not for rent or sale
- Tokyo: 10.9%
- Median rent (2023)
- ¥103k
- per month, all rented homes
- Tokyo: ¥78k
- Strong earthquake risk
- 48.7%
- chance of shaking of intensity 6-lower or more within 30 years
- Tokyo: 52.8%
- Reported crime
- 12.2
- per 1,000 residents in 2025 (2,793 crimes recorded by the Tokyo police)
- Tokyo: 6.9
- Average income per taxpayer
- ¥5.1M
- taxable income in 2023
- Tokyo: ¥5.4M
- Daytime population
- 145
- people here by day per 100 residents (2020 census)
- Foreign residents
- 9.4%
- 20,332 registered residents in 2024
- Tokyo: 5.2%
- Clinics
- 11.0
- per 10,000 residents; 8 hospitals, 237 dental clinics (2020)
- Tokyo: 9.8
- Official land price 2026
- ¥1.1M/m²
- +14.2% in a year · +42.5% in 5 years
- Tokyo: ¥407k/m²
- Flood exposure
- 84.9%
- of 53 benchmark sites in a worst-case flood zone (34.0% 3 m or deeper)
- Tokyo: 42.5%
- Landslide exposure
- 0.0%
- of 53 benchmark sites in a landslide warning area
- Tokyo: 0.8%
Urban renewal zones
Areas designated by the national government for priority redevelopment, with relaxed planning rules and financial support for large projects.
- Akihabara and Kanda · 157 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 Taito 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
¥28.0M
¥1.4M/m²
- Kuramae
- Kuramae · 1 min walk
- 1K · 20 m²
- Built 2007 (19 yrs) · RC
¥43.0M
¥1.2M/m²
- Misuji
- Shin Okachimachi · 6 min walk
- 1DK · 35 m²
- Built 2009 (17 yrs) · RC
¥72.0M
¥1.4M/m²
- Kitaueno
- Ueno · 10 min walk
- 2LDK · 50 m²
- Built 2000 (25 yrs) · RC
House
¥75.0M
¥1.3M/m²
- Ikenohata
- Nezu · 4 min walk
- Land 45 m² · floor 60 m²
- Built 2026 (0 yrs) · Wood
¥160M
¥970k/m²
- Kojima
- Shin Okachimachi · 3 min walk
- Land 75 m² · floor 165 m²
- Built 1995 (31 yrs) · RC
¥400M
¥1.0M/m²
- Kojima
- Shin Okachimachi · 4 min walk
- Land 115 m² · floor 390 m²
- Built 2024 (2 yrs) · RC
Show data table
| Year | Condo | House |
|---|---|---|
| 2005 | ¥24.0M | ¥59.0M |
| 2006 | ¥24.0M | ¥79.5M |
| 2007 | ¥24.0M | ¥95.5M |
| 2008 | ¥25.0M | ¥79.0M |
| 2009 | ¥25.0M | ¥87.5M |
| 2010 | ¥24.0M | ¥53.0M |
| 2011 | ¥24.0M | ¥56.0M |
| 2012 | ¥26.0M | ¥54.5M |
| 2013 | ¥26.0M | ¥60.0M |
| 2014 | ¥25.0M | ¥57.0M |
| 2015 | ¥25.0M | ¥66.0M |
| 2016 | ¥29.0M | ¥70.0M |
| 2017 | ¥28.5M | ¥110M |
| 2018 | ¥29.0M | ¥100M |
| 2019 | ¥30.0M | ¥110M |
| 2020 | ¥32.0M | ¥90.0M |
| 2021 | ¥33.0M | ¥90.0M |
| 2022 | ¥33.0M | ¥130M |
| 2023 | ¥34.0M | ¥120M |
| 2024 | ¥35.0M | ¥145M |
| 2025 | ¥40.0M | ¥180M |
| 2026 (partial) | ¥40.0M | ¥140M |
Show data table
| Year | Condo | House | Land |
|---|---|---|---|
| 2005 | ¥501k/m² | ¥343k/m² | ¥520k/m² |
| 2006 | ¥552k/m² | ¥316k/m² | ¥640k/m² |
| 2007 | ¥633k/m² | ¥414k/m² | ¥820k/m² |
| 2008 | ¥643k/m² | ¥365k/m² | ¥760k/m² |
| 2009 | ¥600k/m² | ¥326k/m² | ¥530k/m² |
| 2010 | ¥600k/m² | ¥287k/m² | ¥565k/m² |
| 2011 | ¥622k/m² | ¥333k/m² | ¥490k/m² |
| 2012 | ¥614k/m² | ¥311k/m² | ¥490k/m² |
| 2013 | ¥600k/m² | ¥372k/m² | ¥565k/m² |
| 2014 | ¥627k/m² | ¥379k/m² | ¥580k/m² |
| 2015 | ¥714k/m² | ¥387k/m² | ¥650k/m² |
| 2016 | ¥760k/m² | ¥414k/m² | ¥750k/m² |
| 2017 | ¥819k/m² | ¥565k/m² | ¥855k/m² |
| 2018 | ¥875k/m² | ¥571k/m² | ¥900k/m² |
| 2019 | ¥886k/m² | ¥571k/m² | ¥935k/m² |
| 2020 | ¥929k/m² | ¥598k/m² | ¥920k/m² |
| 2021 | ¥967k/m² | ¥557k/m² | ¥915k/m² |
| 2022 | ¥1.0M/m² | ¥676k/m² | ¥1.1M/m² |
| 2023 | ¥1.0M/m² | ¥638k/m² | ¥980k/m² |
| 2024 | ¥1.1M/m² | ¥829k/m² | ¥1.4M/m² |
| 2025 | ¥1.2M/m² | ¥879k/m² | ¥1.8M/m² |
| 2026 (partial) | ¥1.3M/m² | ¥970k/m² | ¥1.7M/m² |
Show data table
| Building age (years) | Condo | House |
|---|---|---|
| 0 | ¥1.5M/m² | ¥957k/m² |
| 1 | ¥1.2M/m² | ¥968k/m² |
| 2 | ¥1.2M/m² | – |
| 3 | ¥1.3M/m² | – |
| 4 | ¥1.2M/m² | – |
| 5 | ¥1.2M/m² | – |
| 6 | ¥1.1M/m² | ¥917k/m² |
| 7 | ¥1.1M/m² | – |
| 8 | ¥1.1M/m² | – |
| 9 | ¥1.1M/m² | – |
| 10 | ¥1.0M/m² | – |
| 11 | ¥1.1M/m² | – |
| 12 | ¥1.1M/m² | – |
| 13 | ¥1.1M/m² | – |
| 14 | ¥1.1M/m² | – |
| 15 | ¥1.0M/m² | – |
| 16 | ¥1.0M/m² | – |
| 17 | ¥1.0M/m² | – |
| 18 | ¥1.1M/m² | – |
| 19 | ¥1.0M/m² | – |
| 20 | ¥1.0M/m² | – |
| 21 | ¥1.0M/m² | – |
| 22 | ¥1.0M/m² | – |
| 23 | ¥1.1M/m² | – |
| 24 | ¥1.0M/m² | – |
| 25 | ¥1.0M/m² | – |
| 26 | ¥967k/m² | – |
| 27 | ¥1.0M/m² | – |
| 28 | ¥967k/m² | ¥445k/m² |
| 29 | ¥865k/m² | – |
| 30 | ¥933k/m² | – |
| 31 | ¥914k/m² | – |
| 32 | ¥867k/m² | – |
| 33 | ¥750k/m² | ¥556k/m² |
| 34 | ¥733k/m² | ¥717k/m² |
| 35 | ¥733k/m² | ¥650k/m² |
| 36 | ¥750k/m² | ¥657k/m² |
| 37 | ¥775k/m² | ¥502k/m² |
| 38 | ¥764k/m² | – |
| 39 | ¥725k/m² | ¥616k/m² |
| 40 | ¥800k/m² | ¥365k/m² |
| 41 | ¥933k/m² | – |
| 42 | ¥663k/m² | ¥594k/m² |
| 43 | ¥733k/m² | – |
| 44 | ¥675k/m² | ¥590k/m² |
| 45 | ¥686k/m² | – |
| 46 | – | ¥687k/m² |
| 47 | ¥700k/m² | ¥455k/m² |
| 49 | – | ¥349k/m² |
| 50 | ¥600k/m² | ¥730k/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 | – | ¥400k/m² | ¥831k/m² | – |
| 2006 | – | ¥470k/m² | ¥850k/m² | – |
| 2007 | – | ¥527k/m² | ¥923k/m² | – |
| 2008 | – | ¥495k/m² | ¥880k/m² | – |
| 2009 | ¥417k/m² | ¥450k/m² | ¥760k/m² | – |
| 2010 | – | ¥491k/m² | ¥767k/m² | – |
| 2011 | – | ¥492k/m² | ¥683k/m² | ¥960k/m² |
| 2012 | – | ¥477k/m² | ¥619k/m² | ¥875k/m² |
| 2013 | – | ¥475k/m² | ¥623k/m² | ¥875k/m² |
| 2014 | ¥486k/m² | ¥520k/m² | ¥667k/m² | ¥914k/m² |
| 2015 | – | ¥600k/m² | ¥733k/m² | ¥960k/m² |
| 2016 | – | ¥650k/m² | ¥780k/m² | ¥980k/m² |
| 2017 | – | ¥662k/m² | ¥822k/m² | ¥970k/m² |
| 2018 | – | ¥680k/m² | ¥900k/m² | ¥1.0M/m² |
| 2019 | – | ¥700k/m² | ¥925k/m² | ¥1.0M/m² |
| 2020 | – | ¥800k/m² | ¥943k/m² | ¥1.0M/m² |
| 2021 | – | ¥809k/m² | ¥960k/m² | ¥1.1M/m² |
| 2022 | – | ¥855k/m² | ¥1.0M/m² | ¥1.1M/m² |
| 2023 | – | ¥850k/m² | ¥1.0M/m² | ¥1.1M/m² |
| 2024 | – | ¥907k/m² | ¥1.1M/m² | ¥1.2M/m² |
| 2025 | ¥744k/m² | ¥1.1M/m² | ¥1.2M/m² | ¥1.3M/m² |
| 2026 (partial) | – | ¥982k/m² | ¥1.2M/m² | ¥1.3M/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 | – | ¥307k/m² | – | – |
| 2006 | ¥272k/m² | ¥362k/m² | – | – |
| 2007 | – | ¥410k/m² | – | – |
| 2008 | – | ¥307k/m² | – | – |
| 2009 | – | ¥326k/m² | ¥524k/m² | – |
| 2010 | – | ¥232k/m² | – | – |
| 2011 | – | ¥233k/m² | – | – |
| 2012 | ¥238k/m² | ¥250k/m² | – | ¥544k/m² |
| 2013 | – | ¥318k/m² | – | ¥535k/m² |
| 2014 | ¥217k/m² | ¥348k/m² | – | ¥614k/m² |
| 2015 | ¥243k/m² | ¥378k/m² | – | ¥621k/m² |
| 2016 | ¥282k/m² | ¥379k/m² | – | ¥630k/m² |
| 2017 | ¥351k/m² | ¥470k/m² | – | ¥690k/m² |
| 2018 | ¥435k/m² | ¥432k/m² | – | ¥712k/m² |
| 2019 | ¥461k/m² | ¥473k/m² | – | ¥860k/m² |
| 2020 | ¥388k/m² | ¥411k/m² | – | ¥850k/m² |
| 2021 | ¥305k/m² | ¥462k/m² | – | – |
| 2022 | – | ¥505k/m² | – | – |
| 2023 | – | ¥522k/m² | – | – |
| 2024 | ¥560k/m² | ¥710k/m² | – | – |
| 2025 | – | ¥749k/m² | – | – |
Prices near train stations in Taito Ward
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) |
|---|---|---|---|---|---|---|
| Iriya(Tokyo) (入谷(東京)) | ¥34.0M | ¥1.0M/m² | ¥130M | 5 | 337 | 36,239+0% vs 2019 |
| Minowa (三ノ輪) | ¥33.5M | ¥1.0M/m² | ¥69.5M | 6 | 244 | 43,935+1% vs 2019 |
| Asakusa(TsukubaExpress) (浅草(つくばＥＸＰ)) | ¥42.5M | ¥1.2M/m² | ¥100M | 6 | 243 | 218,792-6% vs 2019 |
| Asakusa(Tobu/Toei/TokyoMetro) (浅草(東武・都営・メトロ)) | ¥39.0M | ¥1.1M/m² | ¥190M | 9 | 195 | 218,792-6% vs 2019 |
| Shin Okachimachi (新御徒町) | ¥33.0M | ¥1.1M/m² | ¥230M | 4 | 165 | 97,104-7% vs 2019 |
| Kuramae (蔵前) | ¥37.0M | ¥1.2M/m² | ¥300M | 4 | 155 | 73,4730% vs 2019 |
| Asakusabashi (浅草橋) | ¥33.0M | ¥1.2M/m² | ¥150M | 5 | 142 | 153,123-10% vs 2019 |
| Minami Senju (南千住) | ¥34.0M | ¥907k/m² | ¥67.0M | 10 | 114 | 76,950-2% vs 2019 |
| Ueno (上野) | ¥42.0M | ¥1.2M/m² | – | 6 | 89 | 505,392-14% vs 2019 |
| Inaricho(Tokyo) (稲荷町(東京)) | ¥40.0M | ¥1.2M/m² | ¥120M | 4 | 84 | 17,533-5% vs 2019 |
| Naka Okachimachi (仲御徒町) | ¥43.0M | ¥1.3M/m² | ¥155M | 4 | 75 | 39,625-8% vs 2019 |
| Tawaramachi(Tokyo) (田原町(東京)) | ¥45.0M | ¥1.2M/m² | ¥490M | 4 | 67 | 33,290-3% vs 2019 |
| Uguisudani (鶯谷) | ¥36.0M | ¥1.0M/m² | ¥120M | 4 | 54 | 46,468-11% vs 2019 |
| Nezu (根津) | ¥99.0M | ¥1.6M/m² | ¥130M | 5 | 45 | 26,589-10% vs 2019 |
| Okachimachi (御徒町) | ¥27.0M | ¥1.1M/m² | – | 6 | 27 | 121,704-14% vs 2019 |
Used condo prices by layout in Taito Ward
Sales from 2023–2025.
| Layout | Median used condo price | Typical size | Sales |
|---|---|---|---|
| 1K | ¥27.0M | 25 m² | 515 |
| 1LDK | ¥45.0M | 40 m² | 274 |
| 2LDK | ¥61.0M | 55 m² | 251 |
| 3LDK | ¥75.0M | 65 m² | 177 |
| 1DK | ¥32.0M | 30 m² | 144 |
| 2DK | ¥37.5M | 40 m² | 50 |
| 1R | ¥16.0M | 20 m² | 25 |
| Open floor | ¥46.0M | 50 m² | 18 |
How much does an apartment cost in Taito Ward?
The median used condo (mansion) in Taito Ward sold for ¥40.0M in 2025, about ¥1.2M/m², based on 551 recorded sales.
How much does a house cost in Taito Ward?
The median house sale, including the land, was ¥180M in 2025 across 141 sales.
Are property prices in Taito Ward going up?
Over the five years to 2025, condo prices per m² changed +29.2% and residential land prices changed +95.7%.
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.