What are prices doing for income buildings in Nakano, Tokyo?

At 329.6 ¥10k/tsubo, Price per tsubo of floor area for income buildings in Nakano, Tokyo is the 12th highest of the 39 municipalities Tokyo publishes (ranked 12 of 39). The highest is 659.8 ¥10k/tsubo, the lowest 67.8 ¥10k/tsubo.As of September 2026, Gross yield for income buildings in Nakano, Tokyo is 4.83% — 17bps below the Tokyo average of 5.00% (125 records).As of September 2026, Price per tsubo of floor area for income buildings in Nakano, Tokyo is 330.6 ¥10k/tsubo — 25.5% above the Tokyo average of 263.5 ¥10k/tsubo (125 records).

What gross yield does income buildings in Nakano, Tokyo run at?

As of September 2026, Gross yield for income buildings in Nakano, Tokyo is 4.83% — 17bps below the Tokyo average of 5.00% (125 records).From December 2022 to September 2026, Gross yield for income buildings in Nakano, Tokyo went from 4.86% to 4.83% — roughly flat (−4bps).

What are asking prices and unit prices for income buildings in Nakano, Tokyo?

As of September 2026, Price per tsubo of floor area for income buildings in Nakano, Tokyo is 330.6 ¥10k/tsubo — 25.5% above the Tokyo average of 263.5 ¥10k/tsubo (125 records).From December 2022 to September 2026, Price per tsubo of floor area for income buildings in Nakano, Tokyo went from 243.0 ¥10k/tsubo to 330.6 ¥10k/tsubo — up (+36.1%).From December 2022 to September 2026, Asking price for income buildings in Nakano, Tokyo went from 15,950 ¥10k to 17,850 ¥10k — up (+11.9%).

Market report

Nakano, Tokyo income buildings market report

Record counts, unit-price trends and a comparison against the Tokyo average, aggregated monthly by Urbalytics for income buildings listed in Nakano, Tokyo. Latest month: September 2026.

Free sign-in required

Tetsugakudo Park(Philosophy Hall Park) - 哲学堂公園·Carbonium/CC BY 3.0 (cropped)·Wikimedia Commons

Nakano, Tokyo income buildings｜overview

Counts are income buildings listings in Nakano, Tokyo for which a price could be obtained (on the market and closed). The commentary is derived mechanically from the figures on this page.

What the data says

At 329.6 ¥10k/tsubo, Price per tsubo of floor area for income buildings in Nakano, Tokyo is the 12th highest of the 39 municipalities Tokyo publishes (ranked 12 of 39). The highest is 659.8 ¥10k/tsubo, the lowest 67.8 ¥10k/tsubo.
As of September 2026, Gross yield for income buildings in Nakano, Tokyo is 4.83% — 17bps below the Tokyo average of 5.00% (125 records).
As of September 2026, Price per tsubo of floor area for income buildings in Nakano, Tokyo is 330.6 ¥10k/tsubo — 25.5% above the Tokyo average of 263.5 ¥10k/tsubo (125 records).

Income building (listed)

125

September 2026・5.2% of Tokyo

See these 125 listingsFree sign-in required

office / retail unit (on offer)

150

September 2026・1.5% of Tokyo

Price per tsubo of floor area (median)

330.6 ¥10k/tsubo

vs Tokyo average +25.5%

September 2026・100.0 ¥10k/㎡

Price WatchIn August 2026, 41 income buildings listings in Nakano (中野区) cut their asking price (median cut −5.0%).Open Price Watch

income buildings: gross yield over time

Gross yield = annual income ÷ asking price, before operating costs and vacancy. With rent held constant, a falling yield means a rising price.

Income building — Gross yield over time

Unit: %

Gross yield = annual income ÷ asking price, before operating costs and vacancy. With rent held constant, a falling yield means a rising price.

Nakano, latest

4.83%

2026年9月

Whole period

−0.7%

vs December 2022

vs Tokyo

−17bps

baseline 5.00%

20th–80th percentile

4.02〜5.96%

the middle 60% · September 2026

Income building, Gross yield (%), month by month
Month	Nakano	Tokyo	Difference (bps)	Records
2026年9月	4.83	5.00	−17bps	125
2026年8月	4.72	5.03	−31bps	115
2026年7月	4.89	5.00	−11bps	103
2026年6月	4.94	5.01	−8bps	123
2026年5月	4.73	5.00	−27bps	89
2026年4月	—	—	—	62
2026年3月	5.00	5.08	−8bps	90
2026年2月	4.70	5.00	−30bps	83
2026年1月	4.86	5.02	−16bps	82
2025年12月	5.13	5.15	−2bps	112
2025年11月	4.91	5.15	−25bps	89
2025年10月	4.99	5.10	−11bps	95
2025年9月	5.58	5.16	+42bps	109
2025年8月	5.23	5.15	+8bps	77
2025年7月	5.00	5.13	−13bps	94
2025年6月	5.00	5.22	−22bps	116
2025年5月	5.29	5.22	+7bps	127
2025年4月	4.97	5.16	−19bps	112
2025年3月	5.01	5.01	−0bps	69
2025年2月	5.25	5.09	+16bps	69
2025年1月	5.00	5.15	−15bps	75
2024年12月	5.12	5.09	+2bps	64
2024年11月	5.14	5.20	−6bps	87
2024年10月	5.01	5.18	−18bps	102
2024年9月	5.45	5.30	+15bps	75
2024年8月	5.40	5.43	−3bps	87
2024年7月	5.19	5.30	−11bps	82
2024年6月	5.70	5.33	+37bps	83
2024年5月	5.20	5.44	−24bps	77
2024年4月	5.08	5.40	−32bps	69
2024年3月	4.70	5.34	−64bps	59
2024年2月	5.22	5.37	−15bps	62
2024年1月	4.90	5.30	−40bps	49
2023年12月	5.00	5.39	−39bps	58
2023年11月	5.00	5.38	−38bps	74
2023年10月	5.25	5.30	−5bps	67
2023年9月	5.40	5.25	+15bps	40
2023年8月	4.70	5.40	−70bps	26
2023年7月	5.00	5.68	−68bps	45
2023年6月	5.15	5.60	−45bps	34
2023年5月	4.95	5.51	−56bps	40
2023年4月	5.08	5.81	−72bps	17
2023年3月	5.41	5.70	−29bps	21
2023年2月	5.60	6.00	−40bps	14
2023年1月	4.90	6.00	−110bps	16
2022年12月	4.86	5.93	−107bps	16

April 2026 is a collection gap: One of our sources (Rakumachi) could not be collected for April 2026 alone, so the record count reads about 35% below the real figure. This is not a move in the market. That month is excluded from the trend and is not interpolated.

Source: monthly aggregates of listing and rental-offer data collected by Urbalytics

Conditions

Source: listings Urbalytics collects (on the market and closed)
Publication threshold: figures shown only for months with 10 or more records
Statistic: median (P20–P80 is the 20th to 80th percentile). Outliers removed by the IQR method
In a thin month (10–30 records) both the median and the P20–P80 band move on a single listing. Read them alongside the record count shown next to each figure.
Period: from 12 2022 — the window over which each property type is aggregated independently

What the data says

As of September 2026, Gross yield for income buildings in Nakano, Tokyo is 4.83% — 17bps below the Tokyo average of 5.00% (125 records).
From December 2022 to September 2026, Gross yield for income buildings in Nakano, Tokyo went from 4.86% to 4.83% — roughly flat (−4bps).

asking price and area for income buildings

Income building — Asking price and Price per tsubo of floor area over time

Asking price = the median of prices published to the market. Read as a series, the level of the total shows where the market is moving.

Price per tsubo of floor area = asking price ÷ floor area. What the property is asking per unit of space (1 tsubo ≈ 3.31㎡).

Nakano, latest

17,850 ¥10k

2026年9月

Whole period

+11.9%

vs December 2022

vs Tokyo

+5.0%

baseline 17,000 ¥10k

20th–80th percentile

10,500〜35,800 ¥10k

the middle 60% · September 2026

Asking price

Unit: ¥10k

Price per tsubo of floor area

Unit: ¥10k/tsubo

Income building, Asking price (¥10k) and Price per tsubo of floor area (¥10k/tsubo), month by month
Month	Asking price — Nakano	Asking price — Tokyo	Difference (Asking price)	Price per tsubo of floor area — Nakano	Price per tsubo of floor area — Tokyo	Records
2026年9月	17,850	17,000	+5.0%	330.6	263.5	125
2026年8月	16,850	16,535	+1.9%	322.6	254.2	115
2026年7月	14,650	16,440	−10.9%	296.2	257.9	103
2026年6月	16,980	16,500	+2.9%	308.1	253.9	123
2026年5月	15,500	16,480	−5.9%	322.6	247.6	89
2026年4月	—	—	—	—	—	62
2026年3月	13,540	15,000	−9.7%	317.4	242.0	90
2026年2月	14,950	16,450	−9.1%	308.1	249.9	83
2026年1月	17,500	16,000	+9.4%	341.5	251.6	82
2025年12月	14,422	15,180	−5.0%	312.7	239.3	112
2025年11月	14,940	15,000	−0.4%	328.6	239.7	89
2025年10月	12,040	15,000	−19.7%	293.6	243.0	95
2025年9月	11,750	14,500	−19.0%	321.0	239.3	109
2025年8月	11,640	14,800	−21.4%	304.8	239.7	77
2025年7月	12,425	14,800	−16.0%	303.8	241.7	94
2025年6月	14,000	14,730	−5.0%	296.2	238.7	116
2025年5月	12,990	14,500	−10.4%	307.4	240.0	127
2025年4月	13,250	13,690	−3.2%	298.5	231.1	112
2025年3月	14,900	15,000	−0.7%	260.2	237.4	69
2025年2月	12,655	15,000	−15.6%	266.4	235.4	69
2025年1月	14,800	15,250	−3.0%	279.7	233.4	75
2024年12月	10,390	14,980	−30.6%	288.9	238.0	64
2024年11月	12,300	14,150	−13.1%	289.6	234.4	87
2024年10月	13,550	15,000	−9.7%	259.2	226.4	102
2024年9月	11,800	14,000	−15.7%	254.5	217.2	75
2024年8月	11,800	13,645	−13.5%	260.2	219.5	87
2024年7月	10,992	13,800	−20.3%	270.7	220.8	82
2024年6月	9,090	13,700	−33.6%	248.6	219.8	83
2024年5月	10,700	12,850	−16.7%	273.1	216.2	77
2024年4月	14,085	14,000	+0.6%	284.6	213.2	69
2024年3月	14,130	15,000	−5.8%	267.1	210.9	59
2024年2月	13,390	15,000	−10.7%	282.3	207.3	62
2024年1月	15,800	15,000	+5.3%	270.1	209.9	49
2023年12月	16,100	15,360	+4.8%	281.7	208.9	58
2023年11月	15,610	14,900	+4.8%	246.9	209.3	74
2023年10月	14,800	15,500	−4.5%	276.0	219.5	67
2023年9月	15,500	15,550	−0.3%	255.9	226.4	40
2023年8月	13,700	14,500	−5.5%	276.7	208.9	26
2023年7月	17,300	13,700	+26.3%	269.4	206.0	45
2023年6月	15,600	13,548	+15.1%	266.8	197.7	34
2023年5月	10,000	12,750	−21.6%	265.8	210.2	40
2023年4月	15,800	13,850	+14.1%	242.6	189.8	17
2023年3月	17,540	13,990	+25.4%	238.7	181.8	21
2023年2月	15,990	13,800	+15.9%	275.7	184.1	14
2023年1月	14,410	13,580	+6.1%	265.8	181.5	16
2022年12月	15,950	13,800	+15.6%	243.0	179.8	16

Source: monthly aggregates of listing and rental-offer data collected by Urbalytics

Conditions

Source: listings Urbalytics collects (on the market and closed)
Publication threshold: figures shown only for months with 10 or more records
Statistic: median (P20–P80 is the 20th to 80th percentile). Outliers removed by the IQR method
In a thin month (10–30 records) both the median and the P20–P80 band move on a single listing. Read them alongside the record count shown next to each figure.
Period: from 12 2022 — the window over which each property type is aggregated independently

What the data says

As of September 2026, Price per tsubo of floor area for income buildings in Nakano, Tokyo is 330.6 ¥10k/tsubo — 25.5% above the Tokyo average of 263.5 ¥10k/tsubo (125 records).
From December 2022 to September 2026, Price per tsubo of floor area for income buildings in Nakano, Tokyo went from 243.0 ¥10k/tsubo to 330.6 ¥10k/tsubo — up (+36.1%).
From December 2022 to September 2026, Asking price for income buildings in Nakano, Tokyo went from 15,950 ¥10k to 17,850 ¥10k — up (+11.9%).

Income building — Floor area and Land area over time

Floor area = the median Floor area among listed properties. At the same Price per tsubo of floor area, more space still means a higher total — which is why this is read alongside the price series. (1 tsubo ≈ 3.31㎡)

Land area = the median land area among listed properties. It is the denominator under the per-tsubo buildable price, and Within one area, a change in plot size moves the total. (1 tsubo ≈ 3.31㎡)

Nakano, latest

58.6tsubo

2026年9月

Whole period

−1.0%

vs December 2022

vs Tokyo

−13.4%

baseline 67.7tsubo

20th–80th percentile

33.0〜104.4tsubo

the middle 60% · September 2026

Floor area

Unit: tsubo

Land area

Unit: tsubo

Income building, Floor area (tsubo) and Land area (tsubo), month by month
Month	Floor area — Nakano	Floor area — Tokyo	Difference (Floor area)	Land area — Nakano	Land area — Tokyo	Records
2026年9月	58.6	67.7	−13.4%	33.8	38.1	125
2026年8月	54.6	63.4	−13.8%	34.5	36.8	115
2026年7月	52.5	63.2	−16.9%	31.1	36.0	103
2026年6月	54.2	63.6	−14.7%	33.2	36.9	123
2026年5月	47.0	63.5	−26.0%	33.7	36.4	89
2026年4月	—	—	—	—	—	62
2026年3月	37.3	62.1	−39.9%	30.0	36.6	90
2026年2月	50.8	66.7	−23.8%	33.0	36.9	83
2026年1月	55.4	64.0	−13.4%	34.8	37.0	82
2025年12月	47.9	61.5	−22.0%	37.2	37.0	112
2025年11月	47.8	63.1	−24.2%	35.3	37.2	89
2025年10月	36.6	61.8	−40.9%	33.5	36.9	95
2025年9月	38.5	61.3	−37.3%	30.6	36.6	109
2025年8月	39.7	60.3	−34.3%	29.3	36.9	77
2025年7月	37.1	61.5	−39.7%	30.6	38.4	94
2025年6月	46.4	61.2	−24.2%	33.1	37.0	116
2025年5月	37.0	58.8	−37.1%	28.0	36.4	127
2025年4月	40.4	57.8	−30.2%	30.7	35.6	112
2025年3月	48.1	60.6	−20.7%	34.4	36.8	69
2025年2月	47.3	62.2	−24.0%	32.1	38.7	69
2025年1月	58.1	62.1	−6.4%	31.8	37.4	75
2024年12月	40.4	61.3	−34.2%	30.7	36.4	64
2024年11月	43.2	62.0	−30.3%	34.7	37.6	87
2024年10月	63.4	65.0	−2.5%	37.3	37.7	102
2024年9月	53.8	62.9	−14.5%	33.1	38.2	75
2024年8月	38.7	59.0	−34.4%	32.3	37.0	87
2024年7月	42.4	60.4	−29.7%	31.8	37.4	82
2024年6月	34.2	56.8	−39.8%	26.9	34.8	83
2024年5月	42.1	59.5	−29.2%	30.8	37.0	77
2024年4月	50.1	62.9	−20.4%	31.4	39.3	69
2024年3月	57.5	69.2	−16.9%	33.8	41.5	59
2024年2月	53.3	69.9	−23.8%	32.8	40.8	62
2024年1月	58.6	70.6	−17.0%	37.3	41.6	49
2023年12月	60.1	70.2	−14.4%	32.5	40.5	58
2023年11月	54.7	68.5	−20.2%	36.3	40.7	74
2023年10月	47.4	68.0	−30.3%	38.3	42.9	67
2023年9月	56.6	71.1	−20.5%	34.9	42.9	40
2023年8月	53.4	63.6	−16.1%	33.8	41.2	26
2023年7月	52.8	60.3	−12.4%	33.3	40.0	45
2023年6月	61.0	61.3	−0.3%	32.8	41.1	34
2023年5月	33.5	57.1	−41.3%	28.9	37.1	40
2023年4月	55.7	68.3	−18.5%	49.4	46.5	17
2023年3月	67.4	69.5	−3.0%	39.2	45.9	21
2023年2月	54.5	67.0	−18.6%	47.3	45.4	14
2023年1月	51.5	68.7	−25.0%	40.0	48.3	16
2022年12月	59.2	67.4	−12.2%	41.9	47.0	16

Source: monthly aggregates of listing and rental-offer data collected by Urbalytics

Conditions

Source: listings Urbalytics collects (on the market and closed)
Area: building area is gross floor area (exclusive area for condominium units); land area is the registered figure
Publication threshold: figures shown only for months with 10 or more records
Statistic: median (P20–P80 is the 20th to 80th percentile)
Unit: tsubo (1 tsubo ≈ 3.31㎡), matched to the unit the per-tsubo price multiplies against

What the data says

As of September 2026, Floor area for income buildings in Nakano, Tokyo is 58.6tsubo — 13.4% below the Tokyo average of 67.7tsubo (125 records).
As of September 2026, land area for income buildings in Nakano, Tokyo is 33.8tsubo — 11.4% below the Tokyo average of 38.1tsubo (125 records).

Asking rent and area over time

Total rent = monthly rent + common charges; rent per unit area is that divided by area. Area is the variable between the two — a month where only the total moved is a month where the space on offer changed, not the price.

Detailed distributions and trends are available on a free account.

Create a free account Log in

income buildings: listings over time

Detailed distributions and trends are available on a free account.

Create a free account Log in

Monthly report (PDF)

Monthly aggregate reports for income buildings in Nakano, Tokyo(through August 2026). Free to download, no account needed. Later months can be exported in the same format from “Save as PDF” at the top of this page.

2026-08

Income building

Market report 2026-07

Income building

Market report 2026-06

Income building

Market report 2026-05

Income building

Market report

Figures on this page are derived statistics: monthly aggregates of listing and rental-offer data collected by Urbalytics. They are not individual transaction records.