April 28th, 2025
Lifestyle
Area
Guide
Moving to Tokyo can be exciting yet daunting for expats and foreigners. The capital of Japan with its 23 wards each have a distinct character, and choosing the right area is crucial for your lifestyle and investment goals when you live in Tokyo. This guide compares seven popular Tokyo wards among expatriates in Tokyo – Minato, Shibuya, Meguro, Setagaya, Chiyoda, Chuo, and Shinagawa – focusing on lifestyle factors (outdoors, nightlife, family vibe, single living, cost, language ease) and real estate investment potential. While these areas represent some of Tokyo's most popular locations for foreign residents, they differ significantly from other wards like Nerima ward, Suginami ward, or Edogawa ward. All data and insights are drawn from Japanese sources, ensuring up-to-date local information from the Tokyo metropolitan government. Use this as your professional relocation guide to find which ward in Tokyo suits you best when you move to Tokyo.
To start, here's a quick overview of how these seven central wards stack up on important dimensions like rent cost, family-friendliness, nightlife, and English accessibility for foreigners living in Tokyo:
Ward | Rent Level | Family-Friendly | Nightlife | English Accessibility |
---|---|---|---|---|
Minato (港区/Minato-ku) | Very High (¥¥¥¥¥) | Medium (good parks/schools but costly) | Vibrant (Roppongi) | Excellent (many services in EN) |
Shibuya (渋谷区) | High (¥¥¥¥) | Medium-High (parks, some quiet areas) | Lively (clubs, bars) | Good (tourist-friendly) |
Meguro (目黒区) | High-Mid (¥¥¥) | High (safe, child services) | Low (quiet nightlife) | Moderate (trendy, less EN) |
Setagaya (世田谷区) | Mid (¥¥) | Very High (spacious, parks) | Low (residential calm) | Low-Med (local feel) |
Chiyoda (千代田区) | Very High (¥¥¥¥¥) | Low-Med (few residents, small ward) | Low (business district) | Moderate (tourist sites) |
Chuo (中央区) | High (¥¥¥¥) | Medium (urban families in condos) | Moderate (Ginza dining) | Moderate (central, some EN) |
Shinagawa (品川区) | Mid-High (¥¥¥) | High (great childcare support) | Moderate (local bars) | Moderate (commuter hub) |
(¥ symbols indicate relative rent level; more ¥ = higher average rent in Tokyo.)
As the table suggests, Minato Ward stands out for cost and international flair, Setagaya for family comfort, and Shibuya for nightlife – but there's much more to each ward in Tokyo. Below, we delve into each ward's lifestyle offerings and investment outlook in detail, with statistics from Japanese sources to back the insights about living in the 23 wards of Tokyo.
Profile: "Best for high-income professionals, diplomats, and couples seeking a cosmopolitan lifestyle within central Tokyo." Minato Ward is Tokyo's most cosmopolitan ward among the 23 wards, home to many foreign executives and embassies. It boasts 81 embassies, over half of those in Tokyo prefecture, which creates an international atmosphere in neighborhoods like Roppongi, Roppongi Hills, Azabu, and Akasaka.
About 8.2% of Minato's residents are foreign nationals, one of the highest foreigner population ratios in the city. This means you'll find English-speaking services readily available – the ward office offers extensive English support, and everyday amenities (from supermarkets to gyms) often cater to expatriates in Tokyo.
Lifestyle & Amenities: Minato offers a mix of high-end shopping and dining (e.g. Roppongi Hills, Tokyo Midtown in Akasaka) and quieter upscale residential areas. There are fewer large green spaces compared to suburban wards like Nerima ward, but you'll still find pleasant oases like Shiba Park (near Tokyo Tower) and Arisugawa Memorial Park.
Nightlife is a major draw – Roppongi's nightlife district is legendary for its bars, clubs, and international crowd of expats in Tokyo. Upscale areas such as Azabu and Akasaka offer gourmet restaurants, boutique shops, and cafes popular with both locals and foreigners living in Tokyo. Despite its glossy image, Minato also provides for families: the ward has invested in child-rearing support and hosts many international schools. In fact, Minato famously has a huge number of international preschools – 33 preschools were listed in 2018, nearly as many as the 38 Starbucks in the ward.
Safety is high and quality of life is excellent if you can afford it when you live in Tokyo.
Cost of Living: Among Tokyo's 23 wards, Minato is Tokyo's most expensive ward for housing. The average rent is around ¥306,000 per month (approx $2,200+), by far the highest rent in Tokyo. Upscale neighborhoods like Azabu, Roppongi, and Akasaka command premium prices, especially for larger units.
Many expats in Tokyo who live in Minato have housing provided by employers; high-income singles and couples also gravitate here for the prestige and convenient access to central Tokyo. Day-to-day costs (dining, groceries) can range from standard to luxury – you can shop at international supermarkets with imported goods (e.g. National Azabu in Hiroo) or local Japanese markets depending on your budget and living expenses.
Investment Outlook: Minato's property market is prime and stable. As one of the "central 5 wards" (along with Chiyoda, Chuo, Shibuya, and Shinjuku ward), Minato's real estate holds its value exceptionally well. In a recent industry survey, Minato was ranked the #1 ward in Tokyo for property value retention.
Property in Japan, particularly in this central ward, is pricey but sought-after; demand from wealthy Japanese and foreigners remains robust. Even during market dips, high-end areas in Minato maintained their value, and residential land prices are on a gentle rise (+2.8% in 2023).
Many overseas investors target Minato – foreign buyers made up an estimated 15–20% of luxury condo purchases in central wards (like Minato and Chuo) by 2024. For investors, yields on rentals are relatively low given the high purchase price, but the market is very stable, and ultra-prime properties here often appreciate over time. In short, Minato Ward is a blue-chip location – ideal for those prioritizing lifestyle and long-term investment stability over bargain prices when living in Japan.
If you're making around ¥10 million (~$65,000) or more annually, Minato Ward is ideal for you. Housing and daily expenses are high, but the convenience, prestige, and international atmosphere match a high-earning professional lifestyle.
Profile: Shibuya Ward is famous worldwide for its youthful energy – the Shibuya Crossing area, with its neon signs and crowds, epitomizes Tokyo. But Shibuya is more than nightlife and fashion; it also contains some of Tokyo's most desirable residential areas.
The ward's population of ~229,000 (2023) enjoys a balance of the city life and quiet upscale areas.
Lifestyle & Amenities: In central Shibuya, you'll find endless shopping (from the trendy 109 Mall to upscale Omotesando boutiques) and dining options, as well as clubs, live music venues, and bars – a true nightlife hotspot for foreigners and locals alike. Areas like Harajuku/Omotesando cater to fashion and cafe lovers, while Daikanyama and Ebisu (on Shibuya's periphery) offer stylish dining and nightlife in a more relaxed setting.
Importantly, Shibuya ward also has residential pockets that are surprisingly calm and green. Neighborhoods such as Yoyogi-Uehara, Hiroo, and Shoto are quiet, wealthy areas with low-rise housing and greenery, favored by people living in Tokyo who want a respite from the crowds while staying central.
Shibuya Ward actually contains over 130 parks, including part of the expansive Yoyogi Park, offering residents space for outdoor activities and relaxation. Families can find this ward appealing: there are reputable international schools nearby (the British School's original campus was in Shibuya, for example), making it one of the more family-friendly locations among Tokyo's 23 wards. The ward provides good childcare facilities.
Local authorities have made efforts to support child-rearing, and many of the new commercial complexes in Shibuya (like Shibuya Scramble Square, Hikarie) include family amenities (e.g. nursing rooms).
All told, Shibuya Ward combines youthful excitement with upscale residential comfort in a way few areas can for people living in Tokyo.
Cost of Living: Housing in Shibuya is very pricey, though generally a notch below Minato. Average rents are about ¥223,000/month, placing Shibuya among the top-tier expensive wards for rent in Tokyo. The Shibuya Station vicinity (Shibuya, Harajuku, Ebisu areas) has many high-end condos and modern apartments, popular with foreign residents in creative industries and finance alike.
Further out, southwestern parts of the ward (like around Sangenjaya on the border of Setagaya) have slightly more reasonable rents and attract younger residents. Day-to-day, Shibuya offers options from cheap eats (ramen shops, chain eateries for the student crowd) to Michelin-starred restaurants, so your living expenses will depend on lifestyle.
Public transport is excellent – the Shibuya hub connects 8+ train/subway lines, making any commute easy with excellent access to central Tokyo.
Investment Outlook: Shibuya's real estate is in high demand with solid growth prospects. In the same survey mentioned earlier, Shibuya ranked #2 (just behind Minato) for expected property value stability. The ward has seen significant redevelopment in the past few years (the Shibuya Station area's transformation with new high-rises, offices, and retail has boosted the ward's profile and property values).
Residential land prices in Shibuya have been on an upswing (e.g. +2.6% in 2023), and vacancy rates are low. Investors appreciate Shibuya for its mix of premium residences and strong rental demand from both Japanese and foreign residents who want to live in a trendy central location in Tokyo.
The downside is the high entry cost – buying property in Japan, specifically in Shibuya, requires a substantial budget, and rental yields are moderate. However, given Shibuya's enduring appeal to youth, tourists, and professionals, the market is very liquid and resilient. If you value both lifestyle and long-term value, Shibuya is a compelling choice among Tokyo's central wards.
If you're earning about ¥8–10 million (~$52,000–$65,000) annually, Shibuya could be a great fit. You will enjoy the trendy, youthful energy while still being able to afford quality living spaces close to Tokyo’s vibrant urban hubs.
Profile: Popular with both families and professionals seeking a safe, stylish environment with good access to central Tokyo. Meguro Ward is a fashionable residential area just southwest of Shibuya. With around 280,000 residents, Meguro is known for its leafy neighborhoods, trendy cafes, and a blend of local and international vibe. It's an aspirational address for many people – high-class yet unpretentious compared to other wards in Tokyo.
Lifestyle & Amenities: Meguro offers a comfortable, community-oriented lifestyle. Districts like Jiyugaoka, Nakameguro, and Daikanyama (shared with Shibuya) are beloved for their boutique shops, artisan bakeries, and weekend markets. In spring, the Meguro River lined with cherry blossoms is a famous sight, drawing crowds to Nakameguro's chic riverside cafes.
Unlike the 24-hour bustle of Shibuya, nightlife in Meguro is low-key – think cozy wine bars and local izakayas rather than mega-clubs. This quieter nightlife reflects the ward's residential nature; streets calm down in the evening, which many families appreciate when they live in Tokyo.
Meguro is also very safe – it consistently boasts low crime rates and has gotten even safer in recent years. Greenery is part of the charm: you'll find pocket parks throughout, and easy access to larger parks just outside the ward (e.g. Komazawa Park on the Setagaya border).
For families, Meguro shines: the ward administration provides extensive child-rearing support and consultation services, making it "an area easy to live for households with children". Many public and private schools are highly regarded, and while Meguro doesn't have as many international schools as Minato/Setagaya, it's within commutable distance to those in adjacent wards.
The community is a mix of longstanding Japanese residents and expats who prefer a more local, integrated lifestyle. About 3.9% of Meguro's population are foreigners, so it's less overtly international than Minato, but you'll still notice a foreign presence in the trendy areas when living in Japan.
Cost of Living: Meguro's housing costs are on the higher side but not extreme by central Tokyo standards. Average rent is roughly ¥197,000 per month. You pay a premium for the safe, stylish environment, but you often get a bit more living space or a quieter atmosphere than in Shibuya/Minato.
For example, a budget that might get a small one-bedroom in Roppongi could secure a larger or newer apartment in Meguro. Popular areas like Nakameguro and Jiyugaoka are expensive due to demand, though smaller stations in Meguro ward (e.g. Gakugeidaigaku, Toritsudaigaku on the Toyoko Line) can be slightly more affordable.
Transportation is convenient: the Tokyu Toyoko Line, Meguro Line, Hibiya subway, JR Yamanote Line, and others crisscross the ward, so commuting to business districts is typically 20–30 minutes, offering easy proximity to work in central Tokyo.
Daily living in Meguro can be as upscale or as simple as you like – there are high-end grocers and organic markets, but also local shotengai (shopping streets) with reasonable produce and eateries. The balance of convenience and calm is what makes Meguro highly sought-after among Tokyo's 23 wards.
Investment Outlook: Meguro is a stable residential investment bet. While not as flashy as central wards, Meguro's property market benefits from consistent Japanese end-user demand. It ranked among the top wards (within the top 7) for value retention prospects, according to real estate professionals.
Homebuyers (especially dual-income Japanese families) compete for properties here, which keeps prices strong. Price growth has been steady – even during the recent years, high-end residential areas in Meguro saw values hold or rise when some other areas faltered.
Rental demand is reliable, though the pool is mostly long-term residents rather than transient expats, meaning turnovers are lower. Yields can be slightly better than in Minato/Shibuya since purchase prices are a bit lower while rents remain high.
The ward's reputation for safety and education ensures market stability; properties in Meguro typically maintain their value well and appreciate modestly over time. For investors or homebuyers who want a secure, long-term hold (rather than speculative spike), Meguro is an excellent choice among the residential areas in Tokyo.
If your annual income is around ¥7–9 million (~$46,000–$60,000), Meguro offers stylish, safe living with a relaxed vibe. It balances cost, comfort, and access to the city center very well for mid- to upper-middle income earners.
Profile: Best for families seeking space, greenery, and a neighborhood feel. Tokyo's suburban paradise with numerous residential areas. Setagaya Ward, located in southwestern Tokyo, is the city's most populous ward (over 916,000 residents as of 2022) and is famous as a family-friendly area. If you're an expat relocating with children or simply craving more living space and a quieter environment, Setagaya ward is likely to top your list when you move to Tokyo.
Lifestyle & Amenities: Setagaya offers a respite from the dense urban core – it has numerous quiet residential areas filled with parks, playgrounds, and leafy streets. The ward is known for its abundant green space; large parks like Komazawa Olympic Park, Kinuta Park, and the riverside greens along the Tama River provide ample room for outdoor exercise, picnics, and sports.
Many areas (e.g. Seijo, Yoga, Kinuta) are low-rise and residential, often with single-family homes or low-rise apartments – a rarity in central Tokyo. This environment, combined with Setagaya's extensive child-rearing support programs and community facilities, makes it extremely popular with families.
Parents will find plenty of public parks (the ward manages hundreds of them), family restaurants, and children's clinics. Setagaya also hosts several international schools or is near them: for instance, St. Mary's International School (boys) and Seisen International School (girls) are in Setagaya, and The British School in Tokyo has a campus nearby.
Daycares and kindergartens are plentiful, and notably, Setagaya historically had some waiting list issues due to high demand, but it continuously expands facilities to support its many young families.
Culturally, Setagaya has a mix of upscale areas (like Den-en-chofu on the border with Ota ward, or Seijo's luxury homes) and bohemian pockets like Shimokitazawa (known for vintage shops, live music and theaters). You can enjoy trendy cafes and artisan shops in Sangenjaya or Futako-Tamagawa, which also boasts a huge shopping mall and riverside walkways – offering both urban convenience and nature.
Nightlife in Setagaya is low-key; you have your local izakayas and bars, especially around stations like Sangenjaya or Shimokitazawa which are lively in the evenings, but the ward lacks the bustle of big clubs or late-night party zones found in central wards like Shinjuku ward. This suits its character as a place to come home to relax when living in Japan.
Cost of Living: Setagaya provides more space for the money compared to central Tokyo. The average rent is about ¥138,000 per month – significantly lower than the city-center wards. This figure includes many smaller older units; spacious family-sized houses or newer apartments in prime Setagaya neighborhoods can still be expensive (comparable in rent prices to mid-range apartments in Shibuya), but you generally get more square meters or perhaps a small garden.
Setagaya is large, and areas closer to central Tokyo (e.g. around Sangenjaya, Yoga, or Meidaimae) can be costlier, while those further out on the fringes are more affordable. Public transport is decent though not as dense as in the city center: notably, Setagaya Ward has no JR Yamanote Line station, but it's served by private railway lines (Odakyu Line to Shinjuku, Tokyu Den-entoshi Line to Shibuya, Tokyu Toyoko Line via Meguro, Keio Line to Shinjuku, etc.) and the intra-ward Tokyu Setagaya Tram line.
Many residents are willing to commute a bit longer for the trade-off of a larger home. Car ownership is also more common here than in central wards due to the suburban layout.
Day-to-day shopping is easy – every neighborhood has local shotengai and supermarkets, and big malls are found at hubs like Futako-Tamagawa and Shimo-Kitazawa (recently redeveloped).
While Setagaya is less international in flavor (only ~2.9% of residents are foreigners, the lowest ratio among the 23 wards), it's a very comfortable and welcoming environment. Some basic Japanese language is useful to navigate local life here, but the community is friendly and many families (Japanese and expat alike) mingle in school and community events.
Investment Outlook: Setagaya offers stable, long-term growth rather than quick profits. The ward may not top the charts for foreign investors, but it has a rock-solid domestic demand base. Property values in Setagaya have been rising moderately (e.g. residential land +4.0% in 2023), reflecting its enduring popularity with families and those seeking more space.
Because Setagaya is large and chiefly residential, real estate ranges from older homes to new condos; investors often focus on modern family apartments near train lines, which see strong rental demand.
Yields can be slightly higher than in central Tokyo because purchase prices per square meter are lower while rents are reasonably high.
Market stability is a hallmark – even in economic downturns, Setagaya's housing market tends to be resilient due to the sheer number of end-user buyers (people who buy homes to live in themselves). It might not see double-digit price spikes like a hot downtown location, but steady appreciation is common, and properties here hold value well in the long run.
Notably, Setagaya's huge population means a large rental market too, though with fewer expat corporate leases and more local tenants. For expats intending to settle or investors seeking a reliable residential asset, Setagaya is a sensible choice that combines lifestyle benefits with dependable investment potential.
If you're making around ¥6–8 million (~$40,000–$53,000) annually, Setagaya gives you the best chance for a spacious family-friendly home with parks, schools, and a suburban feel without leaving Tokyo.
Profile: "Best for those who work in government or corporate HQs and seek an elite address in the very heart of central Tokyo – ideal for singles/couples; families if you value proximity over space." Chiyoda Ward is the heart of Tokyo's political and business world, encompassing the Imperial Palace, the Diet (Parliament), central government ministries, and corporate headquarters in Marunouchi and Otemachi. It's geographically small and largely non-residential – population only ~68,000 (the least of any Tokyo ward) – but it's extremely prominent. Living in Chiyoda is uncommon but has its perks for a select few.
Lifestyle & Amenities: Since Chiyoda is dominated by offices and institutions, the residential options are concentrated in a few areas such as Bancho (near the Imperial Palace), Kanda/Jimbocho, and parts of Akihabara or Iidabashi.
The Bancho area (Ichibancho, Nibancho, etc.) is historically an upscale neighborhood where politicians and executives reside – known for luxury condos and a prestigious, quiet atmosphere. Other pockets like Kanda are more old-school downtown, with smaller apartments and a traditional shitamachi vibe.
Foreigner community: Chiyoda isn't a major expat neighborhood (foreign residents are ~5.8% of the population), but those who do live here tend to be diplomats (some embassy housing clusters here) or professionals wanting to walk to work in Marunouchi.
Amenities in Chiyoda are geared towards daytime populations: you have world-class shopping and dining in Marunouchi and Ginza (Ginza is on Chuo ward border, effectively adjacent), electronics and anime shops in Akihabara, and many museums and historical sites (e.g. around Kudanshita and the Palace).
Green space is surprisingly abundant thanks to the Imperial Palace grounds and Kitanomaru Park, which offer large open areas for jogging and recreation in the middle of the city.
For families, Chiyoda's appeal lies in its high-quality public facilities – it has excellent libraries, parks, and even unique child-rearing support programs. The ward provides generous childcare subsidies and has "baby stations" in many public buildings for parents to comfortably tend to infants.
That said, raising a family here can be challenging due to the scarcity of large housing and the urban environment. Chiyoda is more naturally suited to singles or couples who enjoy city life, zero commute, and prestige – imagine an expat executive with an apartment overlooking the Imperial Palace moat.
Cost of Living: By any measure, Chiyoda is extremely expensive to live in. The average rent is about ¥230,000/month, which is on par with Shibuya. However, that average masks the spread: Chiyoda has many tiny old apartments in Kanda or Akihabara for relatively cheap (serving students or single workers), and on the other end, it has some of Tokyo's most expensive luxury residences.
Buying property in Japan, specifically in this central ward, is similarly polarized – limited supply of residential real estate means prime units go for a premium. Daily life costs vary: you can lunch cheaply at office district eateries or spend lavishly at Michelin-star restaurants.
Transportation is excellent – Tokyo Station (partly in Chiyoda) is a hub for multiple lines and the Shinkansen, and virtually every subway line passes through Chiyoda, so getting anywhere is fast – this is the ultimate location for access to central Tokyo.
Investment Outlook: Chiyoda is ultra-prime but with limited residential scope. From an investment perspective, Chiyoda property in Japan is considered a trophy asset. It ranked in the top three wards for value retention (with Shibuya and Minato).
The catch is that opportunities to buy residences are few, given the ward's small housing stock. Those that exist often target Japan's elite – meaning high entry costs and occasionally lower rental yield. That said, market stability is very high.
Chiyoda's property prices have historically been less volatile; during economic slumps they hold value and in recoveries they rise steadily. Recent data showed Chiyoda's residential land prices upticked ~+2.1% in 2023 after a slight dip in 2021.
For someone looking to invest in Tokyo real estate as a pure asset play, Chiyoda is attractive but requires patience and deep pockets. As an expat end-user, buying in Chiyoda might appeal if you intend to stay long-term and value the prestige and convenience – your property will likely maintain its value well.
If your annual income exceeds ¥12 million (~$79,000) or more, Chiyoda is your niche. This is one of Tokyo’s most prestigious and exclusive addresses, suitable for high-ranking executives or diplomats prioritizing location and prestige over size.
Profile: "Best for finance professionals, 'urbanites' who love convenience, and investors eyeing modern condos – a balance of old downtown charm and new luxury." Chuo Ward sits adjacent to Chiyoda in central Tokyo, covering key areas like Ginza, Nihonbashi, Tsukiji, Tsukishima, and new bayfront developments.
Among the 23 wards of Tokyo, Chuo is one of the central 3 wards, historically Tokyo's mercantile center (dating back to the Edo period), now an intriguing mix of flashy high-rises and traditional shitamachi neighborhoods.
Lifestyle & Amenities: Living in Chuo means you're never far from shopping, dining, or transit. Ginza – Tokyo's most popular upscale shopping district – is in Chuo Ward, offering luxury boutiques, department stores (like Mitsukoshi, Matsuya), art galleries, and fine dining.
Nihonbashi and Kyobashi blend modern skyscrapers with centuries-old commerce (traditional shops selling knives, washi paper, etc., alongside the Tokyo Stock Exchange). Tsukiji is famous for its fish market heritage; while the wholesale market moved, the outer market remains a bustling spot for fresh seafood and street food.
Heading towards Tokyo Bay, Chuo encompasses Tsukishima, Kachidoki, Harumi, etc., which are reclaimed land areas now filled with residential high-rise towers. These developments attract many young families and professionals.
Chuo Ward actively supports families and residents with modern amenities; each major condominium complex often has on-site facilities, and the ward has child-friendly community spaces near stations.
Internationally, Chuo has a moderate foreign population (~6.3%). You'll encounter expatriates in Tokyo working in finance and some long-term foreign residents in Tsukishima's towers.
Nightlife in Chuo is more subdued than Shibuya or Roppongi – it's known for upscale dining and drinks, rather than clubs. For recreation, Chuo has lovely waterfront parks like St. Luke's Garden and Hamarikyu Gardens.
Living in the 23 wards of Tokyo, particularly in Chuo, offers a convenience-max lifestyle: you can walk or cycle to work if in central Tokyo, shop at midnight at a local combine or department store, and enjoy events from summer festivals in Tsukiji to Winter Illuminations in Ginza.
Cost of Living: When comparing rent in Tokyo across the central wards, Chuo's housing costs are high but slightly below the very top. Average rent is around ¥220,000/month.
Luxury condos in Ginza/Nihonbashi or brand-new towers in Harumi can be very expensive, but there are also older apartment buildings and some low-rise housing in areas like Tsukishima or Ningyocho that are relatively affordable by central Tokyo standards.
Notably, because Chuo has many new high-rises, it has a good supply of modern apartments, and sometimes you get a bit more living space for the price compared to cramped Shinjuku ward or Shibuya units.
Daily expenses in Chuo can range widely: you can spend a fortune in Ginza's luxury stores or eat affordably at the long-running local eateries in Nihonbashi. Public transit is superb: Chuo has multiple subway lines and is adjacent to Tokyo Station.
Investment Outlook: Among Tokyo's 23 wards, Chuo is dynamic, with strong investment appeal especially in modern developments. It shares the "prime central" status with Minato and Chiyoda, which means it's regarded as a safe investment area.
Real estate professionals rank Chuo just after the top three for stability and growth prospects. Chuo's property market is buoyed by constant redevelopment, and land values have been rising modestly (+2.1% in 2023).
Investors looking at residential areas in Tokyo find that Chuo's modern apartments are popular with tenants who want city-center living. Yields might be slightly better than Minato because prices per square meter are a bit less, but overall this is still a high-entry-cost, lower-yield scenario.
If you are earning ¥8–10 million (~$52,000–$65,000) per year, Chuo is a good match. The balance between modern towers, old downtown traditions, and central access makes it attractive for urban professionals and investors alike.
Profile: Mid-range budgets, families, and expatriates in Tokyo who want city access without city stress. Shinagawa Ward, in Tokyo's south, is both a major transportation hub and a residential area that combines modern development with down-to-earth charm.
Lifestyle & Amenities: Shinagawa's eastern side has seen a lot of redevelopment – think office towers, hotels, and upscale high-rise apartments aimed at businesspeople. Living near Shinagawa Station is extremely convenient.
Move inward to areas like Gotanda, Osaki, Oimachi, and you find more traditional city neighborhoods. Togoshi Ginza is one of Tokyo's longest shopping streets.
Families find Shinagawa very family-friendly: the ward has excellent childcare support and educational amenities, with one of the lowest daycare waiting list numbers in Tokyo.
Parks and green spaces exist, though they are smaller than in Setagaya Ward. Shinagawa's foreigner population is growing (~3.9%).
Cost of Living: Shinagawa's housing costs are moderate by Tokyo standards. The average rent is about ¥164,000/month. For expats, Shinagawa can represent good value.
Transportation is a highlight: besides the Shinkansen, Shinagawa is served by the JR Yamanote Line, Keikyu Line, and more.
Living expenses in Shinagawa are average; you have upscale options and plenty of cheap local markets and eateries.
Investment Outlook: Shinagawa is on the rise, with future developments bolstering its appeal. Infrastructure improvements like the Takanawa Gateway Station are a key driver.
Investors are eyeing Shinagawa for its relative affordability now and strong upside potential. The ward's solid fundamentals suggest that its real estate market is stable, with an optimistic outlook.
If your income is around ¥6–7.5 million (~$40,000–$50,000) annually, Shinagawa is a smart choice. It offers excellent access to the city and airport while keeping housing relatively affordable compared to central Tokyo wards.
Relocating to Tokyo is ultimately about finding the right fit for your lifestyle. Each ward highlighted – from glitzy Minato to cozy Setagaya – provides a unique mix of environment, amenities, and community.
From an investment perspective, these popular expat neighborhoods in the central wards are generally safe bets. Tokyo's real estate market has shown resilience and steady growth.
In summary, Tokyo's top expat-friendly wards each have their charms and challenges. By weighing factors like rent levels, family-friendliness, nightlife, and language accessibility (as we've done above), you can zero in on the ward that aligns with your needs.
Whichever you choose, you'll be joining a community of people living in Tokyo who proudly call that corner of the metropolis "home." Welcome to Tokyo, and happy house-hunting!
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April 10th, 2025