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Everything you need to know before buying real estate is included in our Japan Property Pack
Hiroshima's apartment market is seeing strong momentum in early 2026, driven by major redevelopment around Hiroshima Station and rising demand in central wards.
Prices vary widely depending on whether you're looking at a resale condo in a suburban area or a new-build in the city core, so knowing the real numbers matters.
We constantly update this blog post to reflect the latest data and trends in Hiroshima's property market.
And if you're planning to buy a property in this place, you may want to download our pack covering the real estate market in Hiroshima.
Insights
- Resale apartments in Hiroshima average around ¥27 to ¥29 million in January 2026, which is roughly 40% cheaper than comparable properties in Osaka or Tokyo.
- New-build condos in Hiroshima City command a premium of 55% to 85% over resale apartments, largely due to construction cost inflation and land scarcity near transit hubs.
- The Hiroshima Station redevelopment area, including Futabanosato and Hikarimachi in Higashi-ku, is experiencing the fastest price appreciation in the city right now.
- Naka-ku remains the priciest ward in Hiroshima, with apartment prices per square meter reaching ¥550,000 to ¥750,000 in prime spots like Hondori and Hatchobori.
- Budget-conscious first-time buyers in Hiroshima can still find resale apartments under ¥15 million in Nishi-ku areas like Yokogawa and Koi, which offer solid transit access.
- Closing costs for apartment buyers in Hiroshima typically range from 7% to 12% of the purchase price, with the broker fee being the largest single expense.
- Monthly HOA fees in Hiroshima condos average ¥18,000 to ¥35,000, which covers both management fees and the repair reserve fund required by Japanese condo law.
- Foreign buyers without permanent residency should budget for a 20% to 30% down payment, as Japanese banks are more conservative with non-resident mortgage applicants.
How much do apartments really cost in Hiroshima in 2026?
What's the average and median apartment price in Hiroshima in 2026?
As of January 2026, the average resale apartment price in Hiroshima sits around ¥27 to ¥29 million (roughly $175,000 to $190,000 USD or €165,000 to €175,000 EUR), while the median price is slightly lower at ¥24 to ¥26 million ($155,000 to $170,000 USD or €145,000 to €160,000 EUR).
When you look at price per square meter, Hiroshima resale apartments average ¥370,000 to ¥420,000 per m² ($2,400 to $2,700 USD or €2,250 to €2,550 EUR), which translates to roughly $225 to $250 per square foot.
Most standard apartments in Hiroshima fall within a price range of ¥20 million to ¥35 million ($130,000 to $225,000 USD or €120,000 to €210,000 EUR), though central locations and new builds can push well above this range.
How much is a studio apartment in Hiroshima in 2026?
As of January 2026, a typical resale studio apartment in Hiroshima costs between ¥8 million and ¥15 million ($52,000 to $97,000 USD or €48,000 to €91,000 EUR), depending on location and building age.
Entry-level studios in suburban areas start around ¥8 million ($52,000 USD or €48,000 EUR), mid-range options near transit run ¥10 to ¥15 million, while new or high-end studios in central Hiroshima can reach ¥18 to ¥22 million ($115,000 to $140,000 USD or €110,000 to €135,000 EUR).
Studio apartments in Hiroshima typically measure between 20 and 30 square meters (215 to 320 square feet), which is fairly standard for Japanese urban markets.
How much is a one-bedroom apartment in Hiroshima in 2026?
As of January 2026, a typical resale one-bedroom apartment in Hiroshima costs between ¥14 million and ¥20 million ($90,000 to $130,000 USD or €85,000 to €120,000 EUR).
Budget-friendly one-bedroom apartments in less central areas can be found starting around ¥12 million ($77,000 USD or €73,000 EUR), while new-build or premium one-bedroom units in popular neighborhoods can reach ¥28 to ¥32 million ($180,000 to $205,000 USD or €170,000 to €195,000 EUR).
One-bedroom apartments in Hiroshima generally range from 35 to 45 square meters (375 to 485 square feet), offering enough space for singles or couples.
How much is a two-bedroom apartment in Hiroshima in 2026?
As of January 2026, a typical resale two-bedroom apartment in Hiroshima costs between ¥22 million and ¥32 million ($140,000 to $205,000 USD or €135,000 to €195,000 EUR).
Entry-level two-bedroom apartments in outer wards start around ¥20 million ($130,000 USD or €120,000 EUR), while new-build or luxury two-bedroom units in central Hiroshima can reach ¥45 to ¥50 million ($290,000 to $320,000 USD or €275,000 to €305,000 EUR).
By the way, you will find much more detailed price ranges for apartments in our property pack covering the property market in Hiroshima.
How much is a three-bedroom apartment in Hiroshima in 2026?
As of January 2026, a typical resale three-bedroom apartment in Hiroshima costs between ¥30 million and ¥42 million ($195,000 to $270,000 USD or €180,000 to €255,000 EUR).
More affordable three-bedroom options in suburban wards like Asaminami-ku can start around ¥28 million ($180,000 USD or €170,000 EUR), while new-build or high-end three-bedroom apartments in central locations can reach ¥55 to ¥65 million ($355,000 to $420,000 USD or €335,000 to €395,000 EUR).
Three-bedroom apartments in Hiroshima typically measure between 75 and 90 square meters (805 to 970 square feet), making them suitable for families.
What's the price gap between new and resale apartments in Hiroshima in 2026?
As of January 2026, new-build apartments in Hiroshima typically cost 55% to 85% more per square meter than resale apartments, which is one of the largest new-build premiums among Japanese regional cities.
New-build apartments in Hiroshima City average around ¥650,000 to ¥720,000 per m² ($4,200 to $4,650 USD or €3,950 to €4,350 EUR per m²), reflecting elevated construction costs and strong demand near transit hubs.
Resale apartments, by contrast, average ¥370,000 to ¥420,000 per m² ($2,400 to $2,700 USD or €2,250 to €2,550 EUR per m²), making them significantly more accessible for budget-conscious buyers in Hiroshima.
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Can I afford to buy in Hiroshima in 2026?
What's the typical total budget (all-in) to buy an apartment in Hiroshima in 2026?
As of January 2026, the typical all-in budget to buy a standard resale apartment in Hiroshima (priced around ¥28 million) is approximately ¥30 to ¥33 million ($195,000 to $215,000 USD or €180,000 to €200,000 EUR), including all closing costs.
Beyond the purchase price, buyers in Hiroshima should budget for broker fees (capped by law), stamp tax, registration and license taxes, judicial scrivener fees, real estate acquisition tax, prorated property taxes, and insurance setup costs if financing.
We go deeper and try to understand what costs can be avoided or minimized (and how) in our Hiroshima property pack.
You can also read our dedicated blog article to understand what you can at different budget levels in Hiroshima.
What down payment is typical to buy in Hiroshima in 2026?
As of January 2026, the typical down payment for buying an apartment in Hiroshima ranges from 10% to 20% for residents with stable employment, which translates to roughly ¥2.8 to ¥5.6 million ($18,000 to $36,000 USD or €17,000 to €34,000 EUR) on a ¥28 million purchase.
Most Japanese banks require a minimum down payment of 10% for mortgage approval, though some lenders may accept lower amounts for borrowers with strong credit profiles and permanent residency.
Foreign buyers without permanent residency should plan for a 20% to 30% down payment in Hiroshima, as Japanese lenders tend to be more conservative with non-resident applicants.
You can also read our latest update about mortgage and interest rates in Japan.
We made this infographic to show you how property prices in Japan compare to other big cities across the region. It breaks down the average price per square meter in city centers, so you can see how cities stack up. It’s an easy way to spot where you might get the best value for your money. We hope you like it.
Which neighborhoods are cheapest or priciest in Hiroshima in 2026?
How much does the price per m² for apartments vary by neighborhood in Hiroshima in 2026?
As of January 2026, apartment prices per square meter in Hiroshima range from around ¥200,000/m² ($1,300 USD or €1,200 EUR) in outer suburban areas to over ¥750,000/m² ($4,850 USD or €4,550 EUR) in prime central locations.
The most affordable neighborhoods in Hiroshima include Saeki-ku (especially Itsukaichi) at ¥200,000 to ¥300,000/m² ($1,300 to $1,950 USD or €1,200 to €1,800 EUR) and Asaminami-ku (areas like Gion) at ¥250,000 to ¥350,000/m² ($1,600 to $2,250 USD or €1,500 to €2,100 EUR).
The most expensive neighborhoods in Hiroshima are in Naka-ku, particularly Hondori, Hatchobori, and Kamiyacho, where prices reach ¥550,000 to ¥750,000/m² ($3,550 to $4,850 USD or €3,350 to €4,550 EUR).
By the way, we've written a blog article detailing what are the current best areas to invest in property in Hiroshima.
What neighborhoods are best for first-time buyers on a budget in Hiroshima in 2026?
As of January 2026, the three best neighborhoods for budget-conscious first-time buyers in Hiroshima are Yokogawa and Koi in Nishi-ku, and Gion in Asaminami-ku.
Apartments in these budget-friendly Hiroshima neighborhoods typically cost ¥12 to ¥22 million ($77,000 to $140,000 USD or €73,000 to €135,000 EUR), which is well below the citywide average.
These areas offer solid transit connections (Yokogawa has its own JR station, Koi is on the Hiroden tram line, and Gion has bus access to central Hiroshima), along with good everyday amenities like supermarkets and local shops.
The main trade-off for buying in these neighborhoods is longer commute times to central Hiroshima, and in the case of Gion, a more suburban feel with fewer nightlife and dining options.
Which neighborhoods have the fastest-rising apartment prices in Hiroshima in 2026?
As of January 2026, the three neighborhoods with the fastest-rising apartment prices in Hiroshima are Futabanosato and Hikarimachi in Higashi-ku, and Osugacho in Minami-ku, all located near Hiroshima Station.
These neighborhoods have seen estimated year-over-year price increases of 8% to 15%, significantly outpacing the citywide average of 3% to 5% annual growth.
The main driver behind this rapid price growth is the ongoing Hiroshima Station redevelopment project, which is adding new commercial facilities, improved transit connections, and modern residential towers that attract both buyers and investors.
You can also read our latest update about property price forecasts in Hiroshima.
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What extra costs will I pay on top of the apartment price in Hiroshima in 2026?
What are all the buyer closing costs when you buy an apartment in Hiroshima?
For a typical ¥28 million apartment purchase in Hiroshima, total buyer closing costs range from ¥2 to ¥3.5 million ($13,000 to $22,500 USD or €12,000 to €21,000 EUR).
The main categories of closing costs in Hiroshima include the broker fee, stamp tax on the purchase contract, registration and license taxes, judicial scrivener fees, real estate acquisition tax, prorated property taxes, and insurance setup costs.
The broker fee is typically the largest single closing cost for buyers in Hiroshima, legally capped at approximately 3% of the purchase price plus ¥60,000 plus consumption tax.
Some closing costs in Hiroshima are negotiable or variable, including the judicial scrivener fee (you can shop around) and certain insurance options, though taxes and broker fee caps are fixed by law.
On average, how much are buyer closing costs as a percentage of the purchase price for an apartment in Hiroshima?
Buyers in Hiroshima should budget approximately 7% to 10% of the purchase price for closing costs when paying cash, or 8% to 12% when financing with a mortgage.
The realistic range for most standard apartment transactions in Hiroshima falls between 7% and 12%, with the higher end applying to financed purchases that include mortgage registration fees and required insurance setup.
We actually cover all these costs and strategies to minimize them in our pack about the real estate market in Hiroshima.
We did some research and made this infographic to help you quickly compare rental yields of the major cities in Japan versus those in neighboring countries. It provides a clear view of how this country positions itself as a real estate investment destination, which might interest you if you’re planning to invest there.
What are the ongoing monthly and yearly costs of an apartment in Hiroshima in 2026?
What are typical HOA fees in Hiroshima right now?
Monthly HOA-style fees in Hiroshima (called management fees and repair reserve funds) typically total ¥18,000 to ¥35,000 ($115 to $225 USD or €110 to €210 EUR) for a standard owner-occupied condo.
Basic older buildings in Hiroshima may have combined monthly fees as low as ¥15,000 ($97 USD or €91 EUR), while newer towers or buildings with extensive amenities can reach ¥40,000 to ¥50,000 ($260 to $320 USD or €245 to €305 EUR) per month.
What utilities should I budget monthly in Hiroshima right now?
The typical monthly utility cost for an apartment in Hiroshima is around ¥15,000 to ¥20,000 ($97 to $130 USD or €91 to €120 EUR) for a single person or couple.
The realistic range of monthly utility costs in Hiroshima spans from ¥12,000 ($77 USD or €73 EUR) for small apartments with efficient usage to ¥25,000 ($160 USD or €150 EUR) or more for larger units or during peak summer and winter months.
The typical monthly utility budget in Hiroshima includes electricity, gas (city gas or propane), and water, with internet and mobile costs being separate.
Electricity tends to be the most expensive utility for apartment owners in Hiroshima, especially during summer when air conditioning usage spikes.
How much is property tax on apartments in Hiroshima?
The typical annual property tax for an apartment in Hiroshima ranges from ¥80,000 to ¥200,000 ($515 to $1,290 USD or €485 to €1,210 EUR), depending on the property's assessed value.
Property tax in Hiroshima is calculated based on the assessed value (not the purchase price), with a fixed asset tax rate of 1.4% and a city planning tax of up to 0.3% in urban areas, totaling around 0.8% to 1.7% of assessed value annually.
The realistic range of annual property tax in Hiroshima spans from around ¥50,000 ($320 USD or €305 EUR) for smaller, older apartments with low assessments to ¥300,000 or more ($1,940 USD or €1,820 EUR) for larger or newer properties in prime locations.
If you want to go into more details, we also have a blog article detailing all the property taxes and fees in Hiroshima.
What's the yearly building maintenance cost in Hiroshima?
The typical yearly building maintenance cost for apartment owners in Hiroshima is approximately ¥220,000 to ¥420,000 ($1,420 to $2,710 USD or €1,335 to €2,545 EUR), calculated from monthly management and repair reserve fees.
The realistic range of yearly maintenance costs in Hiroshima spans from around ¥180,000 ($1,160 USD or €1,090 EUR) in basic older buildings to ¥500,000 or more ($3,225 USD or €3,030 EUR) in newer towers with extensive facilities.
Building maintenance costs in Hiroshima typically cover common area cleaning, elevator maintenance, security systems, building insurance, and contributions to the long-term repair reserve fund.
In Hiroshima condos, building maintenance costs are included in the HOA-style fees (management fee plus repair reserve), so they are not charged separately.
How much does home insurance cost in Hiroshima?
The typical annual home insurance cost for an apartment in Hiroshima ranges from ¥15,000 to ¥40,000 ($97 to $260 USD or €91 to €245 EUR) for fire insurance alone.
The realistic range of annual home insurance costs in Hiroshima depends on coverage level and property value, with basic fire coverage starting around ¥10,000 ($65 USD or €60 EUR) and comprehensive packages including earthquake insurance reaching ¥60,000 to ¥80,000 ($385 to $515 USD or €365 to €485 EUR) or more.
Home insurance in Hiroshima is not legally mandatory for owners, but it is practically required if you have a mortgage, and strongly recommended regardless due to typhoon and earthquake risks in the region.
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What sources have we used to write this blog article?
Whether it's in our blog articles or the market analyses included in our property pack about Hiroshima, we always rely on the strongest methodology we can ... and we don't throw out numbers at random.
We also aim to be fully transparent, so below we've listed the authoritative sources we used, and explained how we used them and the methods behind our estimates.
| Source | Why it's authoritative | How we used it |
|---|---|---|
| West Japan REINS | Regional MLS network that aggregates actual closed sale transactions from member brokers. | We used their monthly transaction summaries to anchor resale condo prices and price-per-square-meter figures for Hiroshima. We treated this as our primary "market reality check" for late 2025 data. |
| Tokyo Kantei | Long-standing housing data firm widely referenced by banks and major media in Japan. | We used their Hiroshima City market reports to separate city-level dynamics from prefecture averages. We also used their data to identify which areas are driving price growth and to estimate the new-build premium. |
| MLIT (Ministry of Land, Infrastructure, Transport and Tourism) | Japanese government ministry responsible for housing policy and real estate regulation. | We used their transaction price information framework to validate that our data methodology aligns with official standards. We also referenced their broker fee cap regulations and condo management surveys. |
| National Tax Agency (NTA) | Japan's national authority for tax policy and administration. | We used their official stamp tax and registration tax tables to calculate closing costs accurately. We included these figures in our all-in budget estimates for buyers. |
| Hiroshima Prefecture | Official prefecture government providing local tax guidance for Hiroshima residents. | We used their real estate acquisition tax Q&A to estimate this specific cost component. We also used their guidance to explain how the tax base differs from purchase price. |
| Hiroshima City | Official city government providing property tax administration guidance. | We used their fixed asset tax and city planning tax information to explain ongoing annual costs. We also referenced their guidance for foreign owners regarding tax agent requirements. |
| REINS (Japan Real Estate Information Network) | National real estate information network with large transaction datasets. | We used their study on management fees and repair reserve funds to build realistic HOA-style budgets. We then adjusted expectations for Hiroshima based on regional cost differences. |
| Statistics Bureau of Japan | Japan's official statistics publisher consolidating key national datasets. | We used their Statistical Yearbook household expenditure sections to support utility cost estimates. We treated this as our sanity check for monthly living cost ranges. |
| GIROJ (General Insurance Rating Organization of Japan) | Recognized rate and statistics body for Japan's general insurance industry. | We used their fire insurance statistics to support that premiums are set within a national risk-rating framework. We used this to justify realistic insurance budgeting bands. |
| Japan Financial Services Agency | Government agency overseeing banking and financial services regulation in Japan. | We referenced their guidelines to understand mortgage lending practices and down payment requirements. We used this to inform our advice for foreign buyers seeking financing. |
| Agency for Natural Resources and Energy | Government agency providing energy pricing and consumption data for Japan. | We used their regional energy data to refine utility cost estimates for Hiroshima specifically. We considered seasonal variations in electricity pricing for our ranges. |
| BambooRoutes Japan Property Pack | Our proprietary research and market analysis compiled specifically for foreign buyers. | We used our ongoing Hiroshima market tracking and transaction database to validate all estimates. We cross-referenced external sources against our proprietary data for accuracy. |
We created this infographic to give you a simple idea of how much it costs to buy property in different parts of Japan. As you can see, it breaks down price ranges and property types for popular cities in the country. We hope this makes it easier to explore your options and understand the market.
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