Initial cost for renting an apartment in Tokyo.

December 11, 2017

Key Money

Unique custom in Japan which requires paying the property owner a payment of gratitude, which is usually 1 to 2 months of rent. However, in recent days, there are some properties not requiring key money. Key money is not refundable when you move out from the flat

Security Deposit

This one-time fee is paid to the property owners and usually it is equivalent to 1 to 2 months of rent. In contrast to the key money, it is returned when you move out from the property, but sometimes the majority is not returned because the property has been damaged by the tenant. Also, usually cleaning fee is deducted from the deposit

Agency Fee

This fee is paid to the real estate agency that served as an intermediary for the contract agreement and is restricted by law to 1 month’s rent. In some cases, it is half a month’s rent or not charged

First and Sencond Month’s Rent

The first month rent paid at the time of contract. In most cases, one-month’s rent is calculated on a daily basis and the fee is paid according to the number of days from the day the contract is signed until the day the next rent is due. Therefore, the amount differs in relation to the time the contract is signed. If the moving in date is in end of month, second month rental is also paid in advance as initial cost

Asset Insurance Premium

This insurance fee is paid to cover emergencies, such as fire. In most cases, it is 10,000 to 20,000 yen. Purchasing this insurance is required for apartments for rent in Tokyo

Lock Cylinder Changing Fee

In Japan usually the lock cylinder is changed every time the new tenant moves in for security reason. Usually tenant pays for this cost

Kourin Building 7F, 1-13-19 Kita-Shinjuku
Shinjuku-ku, Tokyo, Japan 169-0073

Phone : 03-5348-4486   |   email : contact@aonissin.com

10:00-19:00 / GMT+9 / MON-9