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Toshima Ward Housing Market 2026: Ikebukuro's Studio Market

Data updated 2026-11-11 · Source: MLIT transaction price survey, 2005 Q3–2026 Q2 · Transactions in 2025: 783

In short

  1. 1
    The most studio-heavy ward

    About 58% of condo sales in Toshima are studios and 1K units, the highest share of any of the 23 wards.

  2. 2
    Moving out, but growing

    In 2025 about 2,250 more people moved out to the rest of Japan than moved in, one of the biggest outflows among the wards.

  3. 3
    Lowest flood risk

    A median condo costs about 35 years of median rent, better than the Tokyo average.

The answers, compared

What does a home cost?

¥34.0M

median used condo · ¥1.3M/m²

16% above the Tokyo median

9 of 47 areas in Tokyo, highest first

Are prices rising?

+25.0%

over 5 years

Slower than Tokyo (+26.5%)

39 of 50 areas in Tokyo, highest first

Can local earners afford it?

6.5× income

median price ÷ average taxable income

Easier than Tokyo (6.8×)

35 of 50 areas in Tokyo, highest first

Rent or buy?

35years of rent

median price ÷ a year of median rent

Shorter than Tokyo (39)

35 of 50 areas in Tokyo, highest first

Are people moving in?

+1.5%

population, 2020–25

In line with Tokyo (+1.4%)

18 of 50 areas in Tokyo, highest first

How risky is it?

44%

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

Lower than Tokyo (53%)

28 of 50 areas in Tokyo, highest first

Rent in Toshima Ward

The average private rental costs ¥93k a month (2023), +6.1% since 2018. Tokyo: ¥95k

Floor areaAverage rent / month
under 30 m²
studio / 1K
¥74k
vs 2018 +5.6% · Tokyo: ¥70k
30–49 m²
1LDK / 2DK
¥104k
vs 2018 +3.8% · Tokyo: ¥99k
50–69 m²
2LDK / 3DK
¥136k
vs 2018 +2.4% · Tokyo: ¥126k
70–99 m²
3LDK / family
¥148k
vs 2018 -6.1% · Tokyo: ¥155k
100–149 m²
mostly houses
¥142k
vs 2018 +44.0% · Tokyo: ¥191k
150 m² +
mostly houses
¥657k
vs 2018 +462.2% · Tokyo: ¥271k
Rent per m²
¥3,107
median, per month · Tokyo: ¥2,800
The median used condo (¥34.0M, 25 m²) costs about 38 years of average rent for a similar-sized home (¥74k 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. 100,540 rented homes.

The most studio-heavy ward

About 58% of condo sales in Toshima are studios and 1K units, the highest share of any of the 23 wards. The 20 m² 1K at about ¥24M is by far the most traded home. Toshima also has the highest housing vacancy rate of the wards (about 14%), as many small rental flats sit empty between tenants.

Prices

Condos cost about ¥1.3M per m², 1.2 times the Tokyo average and ninth among the wards. Prices per m² rose about 4.3% a year over the past five years, about the same as before. Benchmark residential land rose 12.3% in the past year and 80% in ten years.

Moving out, but growing

In 2025 about 2,250 more people moved out to the rest of Japan than moved in, one of the biggest outflows among the wards. Yet population grew 1.5% between 2020 and 2025. As in Shinjuku, the growth likely comes from abroad, especially students.

Stations

Ikebukuro and Otsuka are the busiest stations, both at about ¥1.2M per m². Higashi-Ikebukuro is the priciest at about ¥1.5M; Higashi-Nagasaki is the cheapest. Station distance barely matters, because almost every part of Toshima is close to a station.

Lowest flood risk

A median condo costs about 35 years of median rent, better than the Tokyo average. Toshima has the lowest flood exposure of the 23 wards: only about one in six benchmark sites is in a flood zone, and none are deep. Its earthquake probability is also one of the lowest among the wards. The Ikebukuro Station area is an Urgent Urban Renewal Area.

Living in Toshima Ward: people, homes and risks

Population 2025
306,106
+1.5% since 2020
Tokyo: +1.4%
Net moves in 2025
-2,250
-7.35 per 1,000 residents
Tokyo: +4.58
Vacant homes (2023)
13.9%
0.9% empty and not for rent or sale
Tokyo: 10.9%
Median rent (2023)
¥81k
per month, all rented homes
Tokyo: ¥78k
Strong earthquake risk
44.2%
chance of shaking of intensity 6-lower or more within 30 years
Tokyo: 52.8%
Reported crime
13.1
per 1,000 residents in 2025 (4,021 crimes recorded by the Tokyo police)
Tokyo: 6.9
Average income per taxpayer
¥5.2M
taxable income in 2023
Tokyo: ¥5.4M
Daytime population
137
people here by day per 100 residents (2020 census)
Foreign residents
12.3%
36,360 registered residents in 2024
Tokyo: 5.2%
Clinics
15.6
per 10,000 residents; 14 hospitals, 323 dental clinics (2020)
Tokyo: 9.8
Official land price 2026
¥828k/m²
+12.3% in a year · +44.4% in 5 years
Tokyo: ¥407k/m²
Flood exposure
16.7%
of 54 benchmark sites in a worst-case flood zone (0.0% 3 m or deeper)
Tokyo: 42.5%
Landslide exposure
0.0%
of 54 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.

  • Ikebukuro Station area · 143 ha · designated 2015 · Specified zone (highest priority)

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 Toshima 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

¥23.0M

¥1.1M/m²

  • Ikebukuro
  • Ikebukuro · 9 min walk
  • 1K · 20 m²
  • Built 2005 (21 yrs) · RC
Typical2025 Q4

¥35.0M

¥1.8M/m²

  • Higashiikebukuro
  • Ikebukuro · 11 min walk
  • 1K · 20 m²
  • Built 2014 (11 yrs) · RC
Higher-priced2026 Q1

¥80.0M

¥1.5M/m²

  • Zoshigaya
  • Higashi Ikebukuro · 5 min walk
  • 2LDK · 55 m²
  • Built 2009 (17 yrs) · RC

House

Lower-priced2025 Q4

¥57.0M

¥393k/m²

  • Kamiikebukuro
  • Nishi Sugamo · 14 min walk
  • Land 120 m² · floor 145 m²
  • Built 1960 (65 yrs) · Wood
Typical2026 Q1

¥100M

¥909k/m²

  • Senkawa
  • Senkawa · 9 min walk
  • Land 65 m² · floor 110 m²
  • Built 2026 (0 yrs) · Wood
Higher-priced2026 Q1

¥260M

¥1.1M/m²

  • Higashiikebukuro
  • Higashi Ikebukuro · 3 min walk
  • Land 210 m² · floor 230 m²
  • Built 1988 (38 yrs) · Wood
Median transaction price by yearA sharp recent rise — The median house price rose 27% between 2023 and 2025. Prices per m² rose 12%, so most of it is a real increase, with the rest coming from larger homes selling.A sharp recent rise — The median condo price rose 26% 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¥16.5M¥59.5M
2006¥20.0M¥60.0M
2007¥23.0M¥65.0M
2008¥22.0M¥58.0M
2009¥23.0M¥51.0M
2010¥21.0M¥50.0M
2011¥22.0M¥48.0M
2012¥23.0M¥47.0M
2013¥21.0M¥50.0M
2014¥23.0M¥53.0M
2015¥22.0M¥58.0M
2016¥23.0M¥65.0M
2017¥23.0M¥67.5M
2018¥23.0M¥69.5M
2019¥24.5M¥68.0M
2020¥26.0M¥64.5M
2021¥25.0M¥71.5M
2022¥26.0M¥88.0M
2023¥27.0M¥83.0M
2024¥32.0M¥96.5M
2025¥34.0M¥105M
2026 (partial)¥38.0M¥95.0M
Median price per m² by yearHouses are the better deal on space — A m² of house floor space costs about 29% 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¥608k/m²¥427k/m²¥450k/m²
2006¥562k/m²¥500k/m²¥510k/m²
2007¥725k/m²¥576k/m²¥590k/m²
2008¥650k/m²¥537k/m²¥530k/m²
2009¥640k/m²¥526k/m²¥490k/m²
2010¥667k/m²¥506k/m²¥500k/m²
2011¥683k/m²¥517k/m²¥490k/m²
2012¥648k/m²¥516k/m²¥500k/m²
2013¥650k/m²¥522k/m²¥490k/m²
2014¥738k/m²¥514k/m²¥510k/m²
2015¥800k/m²¥520k/m²¥540k/m²
2016¥850k/m²¥589k/m²¥650k/m²
2017¥850k/m²¥622k/m²¥665k/m²
2018¥900k/m²¥643k/m²¥700k/m²
2019¥948k/m²¥600k/m²¥650k/m²
2020¥1.0M/m²¥670k/m²¥690k/m²
2021¥1.0M/m²¥738k/m²¥740k/m²
2022¥1.1M/m²¥762k/m²¥830k/m²
2023¥1.1M/m²¥800k/m²¥920k/m²
2024¥1.1M/m²¥818k/m²¥910k/m²
2025¥1.3M/m²¥893k/m²¥920k/m²
2026 (partial)¥1.2M/m²¥916k/m²¥1.1M/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 17 years old. Prices keep falling by roughly 2% 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 11 years — House prices per m² drop about 19% from new by age 11, 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¥1.5M/m²¥924k/m²
1¥1.5M/m²¥965k/m²
2¥1.6M/m²¥1.0M/m²
3¥1.6M/m²¥900k/m²
4¥1.3M/m²–
5¥1.3M/m²¥805k/m²
6¥1.3M/m²¥825k/m²
7¥1.3M/m²¥832k/m²
8¥1.3M/m²–
9¥1.3M/m²¥732k/m²
10¥1.3M/m²–
11¥1.3M/m²¥778k/m²
12¥1.2M/m²–
13¥1.2M/m²–
14¥1.1M/m²–
15¥1.1M/m²–
16¥1.1M/m²–
17¥1.1M/m²¥754k/m²
18¥1.1M/m²–
19¥1.1M/m²–
20¥1.1M/m²¥747k/m²
21¥1.1M/m²–
22¥1.0M/m²–
23¥1.0M/m²–
24¥1.0M/m²¥630k/m²
25¥1.0M/m²¥629k/m²
26¥1.1M/m²–
27¥1.1M/m²–
28¥1.1M/m²¥612k/m²
29¥980k/m²–
30¥800k/m²–
31¥825k/m²¥525k/m²
32¥842k/m²¥660k/m²
33¥800k/m²¥600k/m²
34¥733k/m²¥602k/m²
35¥733k/m²¥424k/m²
36¥800k/m²¥536k/m²
37¥750k/m²¥730k/m²
38¥764k/m²¥797k/m²
39¥836k/m²–
40¥860k/m²–
41¥750k/m²¥480k/m²
42¥775k/m²¥671k/m²
43¥764k/m²¥535k/m²
44¥775k/m²¥837k/m²
45¥818k/m²¥584k/m²
46¥888k/m²–
47¥793k/m²–
48¥842k/m²¥578k/m²
50¥700k/m²¥578k/m²
Condo price per m² by construction periodOlder buildings are keeping up — Older pre-1981 buildings have actually risen faster (5.4% a year) than 2000s buildings (3.8%), usually a sign that land value is driving prices. Pre-1981 buildings, built before the current earthquake standard, trade about 22% below 1980s–90s buildings.
¥0¥500k¥1.0M¥1.5M¥2.0M20052008201120142017202020232026

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–¥558k/m²¥1.1M/m²–
2006¥433k/m²¥520k/m²¥1.1M/m²–
2007¥457k/m²¥600k/m²¥907k/m²–
2008¥450k/m²¥560k/m²¥800k/m²–
2009¥431k/m²¥550k/m²¥875k/m²–
2010¥425k/m²¥550k/m²¥950k/m²¥1.0M/m²
2011¥465k/m²¥550k/m²¥800k/m²¥978k/m²
2012¥400k/m²¥538k/m²¥700k/m²¥943k/m²
2013¥400k/m²¥553k/m²¥763k/m²¥1.1M/m²
2014¥467k/m²¥600k/m²¥800k/m²¥1.1M/m²
2015¥517k/m²¥667k/m²¥900k/m²¥1.1M/m²
2016¥543k/m²¥678k/m²¥950k/m²¥1.1M/m²
2017¥582k/m²¥750k/m²¥943k/m²¥1.1M/m²
2018–¥800k/m²¥950k/m²¥1.1M/m²
2019¥607k/m²¥713k/m²¥1.0M/m²¥1.2M/m²
2020–¥800k/m²¥1.1M/m²¥1.2M/m²
2021¥671k/m²¥850k/m²¥1.1M/m²¥1.3M/m²
2022¥743k/m²¥867k/m²¥1.1M/m²¥1.3M/m²
2023¥738k/m²¥867k/m²¥1.1M/m²¥1.3M/m²
2024¥860k/m²¥933k/m²¥1.2M/m²¥1.4M/m²
2025¥808k/m²¥1.0M/m²¥1.3M/m²¥1.4M/m²
2026 (partial)–¥1.1M/m²¥1.3M/m²¥1.8M/m²
House price per m² by construction period
¥0¥500k¥1.0M20052007200920112013201520172019202120232025

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–¥380k/m²––
2006–¥457k/m²¥595k/m²–
2007–¥467k/m²¥635k/m²–
2008¥390k/m²¥461k/m²¥594k/m²–
2009¥367k/m²¥400k/m²¥559k/m²–
2010–¥385k/m²¥567k/m²–
2011¥305k/m²¥442k/m²–¥587k/m²
2012–¥362k/m²¥529k/m²¥563k/m²
2013¥371k/m²¥400k/m²¥522k/m²¥588k/m²
2014–¥373k/m²¥554k/m²¥600k/m²
2015–¥443k/m²¥591k/m²¥648k/m²
2016¥380k/m²¥448k/m²¥589k/m²¥711k/m²
2017¥400k/m²¥480k/m²–¥717k/m²
2018–¥560k/m²–¥750k/m²
2019¥440k/m²¥498k/m²–¥747k/m²
2020¥493k/m²¥521k/m²–¥728k/m²
2021¥508k/m²¥538k/m²–¥800k/m²
2022–¥595k/m²¥703k/m²¥856k/m²
2023¥583k/m²¥615k/m²–¥807k/m²
2024¥755k/m²¥594k/m²––
2025–¥805k/m²–¥905k/m²

Prices near train stations in Toshima 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)
Ikebukuro (池袋)¥31.0M¥1.2M/m²¥250M93932,308,170-13% vs 2019
Otsuka(Tokyo) (大塚(東京))¥27.0M¥1.2M/m²¥100M6334104,504-11% vs 2019
Shiinamachi (椎名町)¥28.0M¥1.2M/m²¥84.0M515718,897-8% vs 2019
Kanamecho (要町)¥37.0M¥1.2M/m²¥87.0M515338,864-7% vs 2019
Kita Ikebukuro (北池袋)¥25.0M¥1.1M/m²¥82.5M71469,819-2% vs 2019
Nishi Sugamo (西巣鴨)¥39.0M¥1.1M/m²¥79.0M611928,375-6% vs 2019
Sugamo (巣鴨)¥28.0M¥1.1M/m²¥130M6118216,984-13% vs 2019
Higashi Nagasaki (東長崎)¥25.0M¥957k/m²¥80.5M610424,858-10% vs 2019
Zoshigaya(TokyoMetro) (雑司が谷(東京メトロ))¥36.5M¥1.1M/m²¥90.0M410418,916-2% vs 2019
Higashi Ikebukuro (東池袋)¥54.5M¥1.5M/m²¥125M210042,748-3% vs 2019
Komagome (駒込)¥33.0M¥1.1M/m²¥93.0M497121,822-13% vs 2019
Senkawa (千川)¥23.0M¥950k/m²¥86.0M67637,251-8% vs 2019
Shimo Itabashi (下板橋)¥38.0M¥1.2M/m²¥83.5M76115,274-8% vs 2019
Mejiro (目白)¥67.0M¥1.3M/m²¥180M86065,746-14% vs 2019
Itabashi (板橋)¥59.0M¥1.1M/m²–34663,704-8% vs 2019

Used condo prices by layout in Toshima Ward

Sales from 2023–2025.

LayoutMedian used condo priceTypical sizeSales
1K¥24.0M20 m²749
2LDK¥65.0M55 m²223
3LDK¥85.5M70 m²164
1LDK¥44.0M40 m²153
1DK¥28.0M25 m²73
2DK¥35.0M45 m²37
1R¥16.0M17.5 m²26
Open floor¥38.0M45 m²18

How much does an apartment cost in Toshima Ward?

The median used condo (mansion) in Toshima Ward sold for ¥34.0M in 2025, about ¥1.3M/m², based on 477 recorded sales.

How much does a house cost in Toshima Ward?

The median house sale, including the land, was ¥105M in 2025 across 200 sales.

Are property prices in Toshima Ward going up?

Over the five years to 2025, condo prices per m² changed +25.0% and residential land prices changed +33.3%.

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.