What are the rental yields for apartments in Hiroshima? (2026)

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Neighborhoods and apartment rental yields in the 2026 Hiroshima apartment market

This table compares apartment rental yields in Hiroshima by neighborhood and apartment size.

For each area, the table shows estimated purchase price, estimated monthly rent, gross rental yield, and net rental yield for studios, 1-bedroom apartments, and 2-bedroom apartments.

Finally, please note you'll find much more detailed data in our real estate pack about Hiroshima.

We have made this infographic to give you a quick and clear snapshot of the property market in Japan. It highlights key facts like rental prices, yields, and property costs both in city centers and outside, so you can easily compare opportunities. We’ve done some research and also included useful insights about the country’s economy, like GDP, population, and interest rates, to help you understand the bigger picture.

Which neighborhoods offer the best net yield among areas people actually want to live in Hiroshima?

The best net-yield neighborhoods among areas people actually want to live in Hiroshima are usually Yokogawa, Takanobashi, Minami-machi / Senda, Nishihiroshima / Kogo, and Koi.

These areas combine estimated net yields near 3.0% for studios and 1-bedroom apartments with real tenant demand, rather than relying only on cheap purchase prices.

Yokogawa, Takanobashi, Nishihiroshima / Kogo, and Koi all show about 4.0% gross yield and 3.0% net yield for 1-bedroom apartments. That is stronger than Hondori / Kamiyacho, where the estimated 1-bedroom net yield is only 2.5%.

The local reason is practical. Hiroshima renters pay for convenience, but many are still price-sensitive enough to consider one-ring locations if the rent is clearly lower than the prime core.

The trade-off is resale liquidity. Hondori / Kamiyacho and Fukuromachi are easier for prestige buyers to understand, but the better income story is often just outside the most expensive central zone.

Where can I find apartments with above-average yields and below-average entry prices in Hiroshima?

The clearest Hiroshima areas with above-average yields and below-average entry prices are Eba, Koi, Nishihiroshima / Kogo, Yokogawa, and Takanobashi.

These neighborhoods generally offer studio or 1-bedroom entry prices between about ¥13.5 million and ¥24 million, while still producing estimated net yields around 3.0%.

Eba has the lowest estimated entry price in the table: about ¥13.5 million for a studio and ¥18.5 million for a 1-bedroom apartment. Its estimated net yield is around 3.1% for both formats, which is the strongest figure in the dataset.

Koi and Nishihiroshima / Kogo are also attractive because they are not just cheap. They have west-side Hiroshima demand and are more practical for renters than deeper suburban locations.

Yokogawa is slightly more expensive than Eba or Koi, but it has better tenant depth. Its 1-bedroom estimate is about ¥22.5 million purchase price, ¥75,000 monthly rent, and 3.0% net yield.

The main trade-off is that lower prices often mean older buildings, weaker prestige, or less foreign-buyer visibility. These areas can work well, but only when the building is healthy and the apartment is close to transport.

Where does the rent level justify the purchase price most clearly in Hiroshima?

The rent level most clearly justifies the purchase price in Yokogawa, Takanobashi, Minami-machi / Senda, and Nishihiroshima / Kogo.

These Hiroshima neighborhoods have a better rent-to-price relationship than the most expensive central districts.

For 1-bedroom apartments, these areas produce estimated gross yields of about 4.0% and net yields around 2.9% to 3.0%. That is stronger than Hondori / Kamiyacho at about 3.5% gross and 2.5% net.

Yokogawa works because it is a practical rental location. It has rail access, a recognizable local center, and enough daily amenities to attract renters who do not need the most expensive CBD address.

Takanobashi and Minami-machi / Senda also make sense because they sit close to central Hiroshima without carrying the full Hondori / Kamiyacho price premium.

We have actually built the our real estate pack about Hiroshima to make sure you won’t buy in the wrong area. Check it out.

Where is the best place to buy if I want stable rental income rather than maximum yield in Hiroshima?

For stable rental income rather than maximum yield in Hiroshima, the best choices are Yokogawa, Hiroshima Station / Enkobashi, Hakushima, and Minami-machi / Senda.

These are not always the highest-yielding areas, but they offer deeper and more predictable tenant demand.

Hiroshima Station / Enkobashi has a strong stability case because the station area is becoming a more important transport and retail hub. In the dataset, a 1-bedroom apartment is estimated at ¥27.2 million, ¥88,000 monthly rent, and 2.8% net yield.

Yokogawa is more of a practical long-term rental market. A 1-bedroom apartment is estimated at ¥22.5 million with ¥75,000 monthly rent, which keeps the net yield at about 3.0%.

Hakushima is more expensive, but it has a stronger residential feel and better capital-preservation logic. The estimated 1-bedroom net yield is 2.8%, so it is not a maximum-yield choice.

The trade-off is return. If the buyer only wants the highest estimated net yield, Eba looks better, but if the buyer wants fewer leasing headaches, Yokogawa, Hakushima, Hiroshima Station / Enkobashi, and Minami-machi / Senda are safer choices.

Which apartment type gives the best return for the lowest total investment in Hiroshima?

The best return for the lowest total investment in Hiroshima is usually the studio apartment, but the best beginner product is often the 1-bedroom apartment.

Studios have lower purchase prices and slightly higher yields, while 1-bedroom apartments have deeper tenant demand.

In the table, studios in Eba, Koi, Nishihiroshima / Kogo, Takanobashi, and Yokogawa cost roughly ¥13.5 million to ¥16 million and produce estimated net yields around 3.0% to 3.1%.

But studios depend more on single tenants, younger renters, and location-sensitive demand. If a studio is too far from transport, too old, or poorly laid out, the headline yield can disappear through vacancy.

A 1-bedroom apartment in Hiroshima is usually more liquid. It works for single professionals, couples, and some remote workers, and in many neighborhoods its estimated net yield is almost the same as the studio yield.

Two-bedroom apartments are less efficient for pure yield. They are more expensive and mostly show net yields around 2.7% to 2.8% in the dataset.

We give you more details in the our real estate pack about Hiroshima.

Which neighborhoods offer strong rental income with the lowest vacancy risk in Hiroshima?

The strongest mix of rental income and lower vacancy risk is likely in Hiroshima Station / Enkobashi, Yokogawa, Hakushima, Fukuromachi, and Minami-machi / Senda.

These areas have enough demand depth to support rent even if their yields are not the highest in Hiroshima.

Hiroshima Station / Enkobashi has estimated 1-bedroom rent of ¥88,000 and 2-bedroom rent of ¥122,000. Its yield is middle-of-table, but the station-area transport logic improves the stability case.

Fukuromachi has high rent levels, with estimated 1-bedroom rent around ¥90,000 and 2-bedroom rent around ¥125,000. The issue is not tenant demand, but the high purchase price.

Yokogawa is less expensive but still practical. It offers estimated 1-bedroom rent of ¥75,000 and net yield around 3.0%, with broader affordability for renters.

The honest interpretation is that high rent alone is not enough. Prime central units can still sit vacant if pricing is too aggressive, while normal-quality units at fair rent usually have the safer leasing story.

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.

Which areas look overpriced relative to their rental income in Hiroshima?

The areas that look most overpriced relative to rental income are Hondori / Kamiyacho, Kanayama-cho / Hatchobori, and parts of Fukuromachi.

These are excellent locations, but the rental-income case is weaker than in practical middle-market areas.

Hondori / Kamiyacho has the lowest estimated yields in the table: about 2.5% net for studios and 1-bedroom apartments, and 2.4% net for 2-bedroom apartments. The problem is not weak rent, but high purchase price.

Kanayama-cho / Hatchobori is similar. Estimated 1-bedroom rent is strong at ¥90,000, but the estimated purchase price is about ¥30 million, producing only about 2.6% net yield.

Fukuromachi also shows high rents, including about ¥90,000 for a 1-bedroom apartment and ¥125,000 for a 2-bedroom apartment. But the purchase prices absorb much of that income advantage.

The trade-off is important. These are not bad neighborhoods, but for a beginner buying primarily for rental income, the price-to-rent ratio is not attractive.

Which neighborhoods should I avoid even if the rental yield looks attractive in Hiroshima?

A beginner should be careful with Eba and weaker pockets of Koi or older west-side stock if the apartment is old, far from transport, or in a building with poor maintenance.

The yield can look attractive because the purchase price is low, not because the rental demand is unusually deep.

Eba shows the highest estimated net yield in the table, around 3.1% for studios and 1-bedroom apartments. But that yield is partly a discount for weaker prestige and thinner resale demand compared with central Hiroshima.

Koi and Nishihiroshima / Kogo can work well, but only close to convenient transport and daily amenities. Poorly located units can be harder to rent than the average numbers suggest.

The local issue is not that these areas are unlivable. The issue is that Hiroshima has a compact central demand structure, so the tenant pool narrows quickly when a unit is outside convenient rail, tram, or bus patterns.

The avoid rule is simple: do not buy a high-yield Hiroshima apartment unless the building, location, and rent evidence are all strong.

Which neighborhoods look risky even though the rental yield is high in Hiroshima?

The highest-yielding Hiroshima areas that need the most caution are Eba, Koi, and some older stock around Nishihiroshima / Kogo.

Their estimated net yields near 3.0% to 3.1% are attractive, but the risk-adjusted return depends heavily on unit quality.

The risk is usually not the rent itself. It is vacancy, maintenance, resale liquidity, and building age.

Eba is the clearest example. It has the strongest yield estimate, but it is less liquid than Yokogawa, Hakushima, or Hiroshima Station / Enkobashi.

Koi and Nishihiroshima / Kogo are safer when the apartment is near JR or tram access. They become riskier when the unit is inconvenient, in an aging building, or priced only because it looks cheap versus central Hiroshima.

A safer alternative is Yokogawa. Its estimated net yield is slightly below Eba, but the tenant base and resale logic are stronger.

What neighborhoods should I avoid when buying a rental apartment in Hiroshima?

For beginner rental investors in Hiroshima, the avoid list is not a list of bad neighborhoods.

It is a list of situations where the risk can exceed the apparent yield: poorly connected Eba stock, weak pockets of Koi, older outer Nishihiroshima / Kogo units, and overpriced Hondori / Kamiyacho purchases.

Eba should be avoided by beginners if the apartment is far from transport or in a weak building. The yield may be high, but liquidity can be thin.

Koi should be avoided for units that are cheap only because they are inconvenient. Koi can work, but the location must be strong.

Nishihiroshima / Kogo should be approached carefully for older buildings with high repair risk. The area itself can be useful, but the wrong building can damage net returns.

Hondori / Kamiyacho should not be avoided as a place to live. It should be avoided by income-focused beginners if the purchase price pushes net yield toward 2.4% to 2.5%.

Which neighborhoods are seeing rental demand weaken, and why, in Hiroshima?

The areas most at risk of weaker rental demand are older, less connected pockets of Eba, Koi, and some outer west-side apartment stock.

The issue is not a citywide collapse. It is tenant selectivity.

In a mature regional city, renters tend to concentrate around transport, universities, hospitals, workplaces, and central amenities. A unit that lacks those advantages must compensate with a clear rent discount.

Demand weakens when an apartment offers neither a central location nor a clear affordability advantage. Older buildings without good layouts, parking, earthquake reassurance, or convenient transit can take longer to rent.

This is more structural than seasonal for weak units. Good units in these neighborhoods can still rent well if they are priced correctly.

The recommendation is not to avoid the whole area. It is to demand a lower purchase price, a stronger building, and a realistic rent assumption.

Which neighborhoods are seeing new developments that could create stronger rental demand in Hiroshima?

The strongest development-driven rental demand story is Hiroshima Station / Enkobashi.

The station area is benefiting from a stronger transport and retail role, which matters for apartment investors because renter convenience often supports occupancy better than prestige alone.

In the dataset, Hiroshima Station / Enkobashi shows a 1-bedroom purchase price of about ¥27.2 million, monthly rent of ¥88,000, 3.9% gross yield, and 2.8% net yield. That is not the highest return, but it is a stronger stability profile.

Kamiyacho / Hatchobori and Hondori also benefit indirectly from easier station-to-core movement, but these areas are already expensive. Much of the upside may already be priced in.

Central Park and Motomachi-adjacent areas have also gained lifestyle attention, but lifestyle foot traffic does not automatically create long-term apartment demand by itself.

The best near-term opportunity is not to buy anything near the station blindly. It is to find a correctly priced apartment where the rent has not fully caught up with better access.

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.

Which neighborhoods are becoming more attractive to renters because of recent infrastructure or transport changes in Hiroshima?

Hiroshima Station / Enkobashi is becoming more attractive to renters because of recent transport and station-area changes.

The practical renter logic is simple. A renter who uses Shinkansen, JR, tram, bus, central offices, or station retail has more reason to live near the station area.

The dataset reflects a stability rather than a high-yield story. Hiroshima Station / Enkobashi studios show 3.9% gross yield and 2.8% net yield, while 1-bedroom apartments show the same 3.9% gross and 2.8% net.

Hondori / Kamiyacho and Hatchobori also benefit from better movement between the station and the city center. But their purchase prices are already high, so the income investor receives less yield for each yen invested.

For a beginner buyer, the better question is not whether transport is improving. The better question is whether the price already reflects the improvement.

The practical takeaway is to favor units with real walking convenience, not just a broad station-area label.

Which neighborhoods have become less attractive for apartment investors over the last 12 months in Hiroshima?

The neighborhoods that have become less attractive for income investors are mainly Hondori / Kamiyacho, Kanayama-cho / Hatchobori, and some Fukuromachi stock.

They remain desirable, but prices look stretched relative to rental income.

The reason is yield compression. Hondori / Kamiyacho produces only about 2.5% net yield for studios and 1-bedroom apartments, and 2.4% for 2-bedroom apartments.

Fukuromachi and Hatchobori perform slightly better, but they still trail cheaper practical areas such as Yokogawa, Takanobashi, Koi, and Nishihiroshima / Kogo.

This is partly because central Hiroshima benefits from retail demand, tourism recovery, central office access, and improved station-to-center connectivity. Those benefits support prices, but rents do not always rise enough to protect rental yield.

These neighborhoods are still investable at the right price. They are weaker if the investor pays a prestige premium and assumes rent growth will solve the yield problem.

Which apartment types are becoming harder to rent in Hiroshima, and in which neighborhoods?

The apartment type most likely to become harder to rent in Hiroshima is the overpriced 2-bedroom apartment, especially in expensive central areas where rents are high but the family tenant pool is narrower.

In Hondori / Kamiyacho, the estimated 2-bedroom purchase price is about ¥45.5 million, with rent around ¥128,000 and net yield about 2.4%. That leaves little room for vacancy or repair surprises.

Studios can also be risky in weaker locations. A studio in Eba or Koi may show a good yield, but if it is far from transport or in an old building, the tenant pool becomes thin.

The most liquid apartment type in Hiroshima is usually the 1-bedroom apartment. It works across more renter profiles, including single workers, couples, students with higher budgets, and some remote workers.

Two-bedroom apartments can still work near schools, family districts, and calm residential zones. But they should not be bought only because the monthly rent looks high.

The simple recommendation is to buy studios only in strong micro-locations, buy 1-bedroom apartments for the broadest rental demand, and buy 2-bedroom apartments only where family demand is clear and the price is disciplined.

Who is the author of this content?

BAMBOOROUTES

A team specialized in real estate investing in APAC countries (Japan, Thailand, Indonesia, Australia, etc.).

We are a team of financial experts, legal professionals, developers, and local real estate specialists dedicated to helping people like you avoid mistakes when investing in real estate in a foreign place, particularly in Hiroshima. If you’d like to learn more about us, you can check our presentation page.