Akiya index

Akiya and cheap houses in Tokyo

The 24 cheapest houses and plots of land currently on the market in Tokyo under ¥5,000,000. Below that, the municipalities where houses actually sell cheapest, measured on official transaction records rather than asking prices.

4,752listings in Tokyo under ¥5,000,000

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The 24 cheapest listings in Tokyo

Asking prices from the listing feeds we collect and deduplicate, not sold prices.

Prices shown are asking prices and exclude acquisition costs such as agency commission, registration tax and real-estate acquisition tax. Condition has to be verified on site.

Finding it is the easy part

The checks above are the actual work, and a free account is where you do them. Pull the parcel by its lot number, put road frontage, zoning, hazard and land-price layers over the same map, and order the registration record to confirm who owns the property and what is secured against it. Save the ones you are considering and track their price changes.

Where houses sell cheapest in Tokyo

Median sold price for a house (land and building), from the Ministry of Land, Infrastructure, Transport and Tourism's real estate transaction records (2023Q2-2026Q1). These are prices people actually paid, not asking prices.[5]

MunicipalityMedian house pricePer m²Transactions
Niijima¥4,150,00047,222 ¥/m²8
Oshima¥4,200,00050,317 ¥/m²14
Okutama¥4,600,00050,000 ¥/m²7
Hachijo¥10,000,00078,788 ¥/m²21
Hinohara¥11,000,000110,345 ¥/m²9
Hinode¥21,000,000219,048 ¥/m²23
Ome¥24,000,000240,000 ¥/m²327
Mizuho¥24,000,000252,632 ¥/m²80
Akiruno¥25,500,000251,316 ¥/m²180
Musashimurayama¥27,000,000285,714 ¥/m²143
See it on the price map

Sources

The figures and legal statements on this page come from these primary sources.

  1. [1]Statistics Bureau, Ministry of Internal Affairs and Communications. 2023 Housing and Land Survey: Basic Tabulation on Dwellings and Households, Summary of ResultsSurvey date 1 October 2023. The survey runs every five years, so these are the current official figures.
  2. [2]Statistics Bureau, Ministry of Internal Affairs and Communications. 2023 Housing and Land Survey: ResultsLanding page for the full tabulations, including the prefecture-level tables.
  3. [3]Ministry of Land, Infrastructure, Transport and Tourism. Vacant House and Vacant Land Bank Information PageNames the two operators selected by public tender to run the national akiya bank, and links to both.
  4. [4]Ministry of Land, Infrastructure, Transport and Tourism. Act on Special Measures concerning Vacant Houses: related informationIncludes the amendment in force from 13 December 2023 and the guidelines defining a poorly-managed vacant house.
  5. [5]Ministry of Land, Infrastructure, Transport and Tourism. Real Estate Information Library: real estate transaction pricesPrices reported by parties to actual transactions. Behind the per-municipality medians on the prefecture pages.
  6. [6]e-Gov (Digital Agency), Government of Japan. Building Standards Act (Act No. 201 of 1950), Article 43The frontage rule that decides whether a plot can be rebuilt on.

Sources last verified: 2026-09-21