Wakayama Rental Flat market overview [Show ]

The average rent of a sq.m Rental Flat of Wakayama was 1,351 JPY/sq.m, and the median rent was 1,262 JPY/sq.m.

The highest Rental Flat market value is Nankai at 1,312 JPY/sq.m. On the other hand, those with the lowest market value is JR at 1,250 JPY/sq.m.

In accordance with the aging of buildings, the area whose values were most likely to decline was the Nishimuro-Gun at -36.9% (The rate of decline after 30 years). On the other hand, market values along the Higashimuro-Gun was the most resistant to decline at +23.3% (The same rate).

In accordance with the aging of buildings, the stations whose values were most likely to decline was the Nankai at -8.2% (The rate of decline after 30 years). On the other hand, market values along the JR was the most resistant to decline at -4.8% (The same rate).

Data regarding the rental market value and its changes were calculated using data on the posts of 7,808 properties.

Value:

Unit:

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Rental market value

AreaAverage Rental PriceAverage Unit Price
Wakayama-Shi [Land utilization ]49,520 JPY1,366 JPY/sq.m
Kainan-Shi [Land utilization ]47,937 JPY1,380 JPY/sq.m
Hashimoto-Shi [Land utilization ]49,116 JPY1,161 JPY/sq.m
Arida-Shi [Land utilization ]47,945 JPY1,247 JPY/sq.m
Gobo-Shi [Land utilization ]46,178 JPY1,273 JPY/sq.m
Tanabe-Shi [Land utilization ]47,806 JPY1,785 JPY/sq.m
Shingu-Shi [Land utilization ]45,917 JPY5,277 JPY/sq.m
Kinokawa-Shi [Land utilization ]45,777 JPY1,146 JPY/sq.m
Iwade-Shi [Land utilization ]47,154 JPY1,228 JPY/sq.m
Ito-Gun [Land utilization ]48,781 JPY1,001 JPY/sq.m
Arida-Gun [Land utilization ]50,118 JPY1,048 JPY/sq.m
Hidaka-Gun [Land utilization ]47,877 JPY1,108 JPY/sq.m
Nishimuro-Gun54,900 JPY1,296 JPY/sq.m
Higashimuro-Gun [Land utilization ]48,550 JPY10,019 JPY/sq.m
StationsAverage Rental PriceAverage Unit Price
JR [Land utilization ]49,395 JPY1,371 JPY/sq.m
Nankai [Land utilization ]47,080 JPY1,374 JPY/sq.m
Other [Land utilization ]52,348 JPY1,347 JPY/sq.m