Roppongi, Minato, Tokyo
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Toshima Ward Housing Market 2025: Ikebukuro's Studio Market

Data updated 2026-11-10 · Source: MLIT transaction price survey, 2005 Q3–2026 Q2

Key figures for 2025

Median used condo price
¥34.0M
¥1.3M/m² · +8.7% vs 2024
Median house price (land + building)
¥105M
+9.1% vs 2024
Residential land per m² (sales)
¥920k/m²
+33.3% over 5 years
Transactions in 2025
783
#9 of 50 areas in Tokyo by price per m²

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%
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). 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)Sales
Ikebukuro (池袋)¥31.0M¥1.2M/m²¥250M9393
Otsuka(Tokyo) (大塚(東京))¥27.0M¥1.2M/m²¥100M6334
Shiinamachi (椎名町)¥28.0M¥1.2M/m²¥84.0M5157
Kanamecho (要町)¥37.0M¥1.2M/m²¥87.0M5153
Kita Ikebukuro (北池袋)¥25.0M¥1.1M/m²¥82.5M7146
Nishi Sugamo (西巣鴨)¥39.0M¥1.1M/m²¥79.0M6119
Sugamo (巣鴨)¥28.0M¥1.1M/m²¥130M6118
Zoshigaya(TokyoMetro) (雑司が谷(東京メトロ))¥36.5M¥1.1M/m²¥90.0M4104
Higashi Nagasaki (東長崎)¥25.0M¥957k/m²¥80.5M6104
Higashi Ikebukuro (東池袋)¥54.5M¥1.5M/m²¥125M2100
Komagome (駒込)¥33.0M¥1.1M/m²¥93.0M497
Senkawa (千川)¥23.0M¥950k/m²¥86.0M676
Shimo Itabashi (下板橋)¥38.0M¥1.2M/m²¥83.5M761
Mejiro (目白)¥67.0M¥1.3M/m²¥180M860
Itabashi (板橋)¥59.0M¥1.1M/m²–346

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.