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If you're thinking about buying an apartment in Nagoya, you're probably wondering how much it will actually cost you in 2026.
This guide breaks down real prices, neighborhood differences, and all the extra costs that come with owning property in Japan's fourth-largest city.
We constantly update this blog post to make sure you're getting the freshest data available.
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 Nagoya.
Insights
- Resale apartments in Nagoya cost roughly half the price of new builds, with new condos running about 90% to 130% more per square meter than used ones in early 2026.
- The average resale apartment in Nagoya City sells for around ¥28.5 million (about $190,000 or €178,000), which is significantly cheaper than Tokyo's market.
- Foreigners without a long residency history in Japan should plan for a 20% to 35% down payment, compared to 10% to 20% for local residents with established credit.
- HOA fees in Nagoya typically run ¥20,000 to ¥35,000 per month, covering both building management and the repair reserve fund that Japanese condos require.
- The Sakae area in Naka Ward has some of the highest land prices in Nagoya, reaching up to ¥1.95 million per square meter for residential land.
- Budget-friendly wards like Nakagawa, Minato, and Moriyama offer resale apartments at ¥250,000 to ¥380,000 per square meter, roughly 30% below the city average.
- Buyer closing costs in Nagoya run between 6% and 10% of the purchase price, adding ¥1.8 to ¥3 million on a typical ¥30 million apartment.
- Property taxes in Nagoya are calculated on assessed value (not market price), meaning actual annual tax bills often range from ¥80,000 to ¥180,000 for mid-market condos.
- Areas near Kanayama and Nagoya Station are seeing the fastest price appreciation due to ongoing redevelopment projects and improved transit access.
How much do apartments really cost in Nagoya in 2026?
What's the average and median apartment price in Nagoya in 2026?
As of January 2026, the average resale apartment in Nagoya City sells for approximately ¥28.5 million (around $190,000 USD or €178,000 EUR), while the median price sits closer to ¥26 million ($173,000 USD or €163,000 EUR) since a smaller number of expensive central units push the average higher.
When you look at price per square meter, Nagoya apartments average around ¥397,000 per m² ($2,650 USD or €2,480 EUR per m²), which translates to roughly ¥37,000 per square foot ($245 USD or €230 EUR per sq ft).
For most standard apartments in Nagoya, you can expect prices to fall within the ¥15 million to ¥45 million range ($100,000 to $300,000 USD or €94,000 to €280,000 EUR), depending on size, age, and location within the city.
How much is a studio apartment in Nagoya in 2026?
As of January 2026, a typical resale studio apartment in Nagoya costs between ¥10 million and ¥12 million ($67,000 to $80,000 USD or €63,000 to €75,000 EUR), while new-build studios run significantly higher at ¥19 million to ¥23 million ($127,000 to $153,000 USD or €119,000 to €144,000 EUR).
Entry-level to mid-range studio apartments in Nagoya generally fall in the ¥8 million to ¥14 million range ($53,000 to $93,000 USD or €50,000 to €88,000 EUR), whereas high-end or luxury studios in prime locations like Sakae or near Nagoya Station can reach ¥20 million or more ($133,000 USD or €125,000 EUR).
Studio apartments in Nagoya typically measure around 20 to 30 square meters, with 25 square meters being the most common size for this type of unit in the city.
How much is a one-bedroom apartment in Nagoya in 2026?
As of January 2026, a typical resale one-bedroom apartment in Nagoya costs between ¥16 million and ¥19 million ($107,000 to $127,000 USD or €100,000 to €119,000 EUR), while new-build one-bedrooms range from ¥30 million to ¥36 million ($200,000 to $240,000 USD or €188,000 to €225,000 EUR).
Entry-level to mid-range one-bedroom apartments in Nagoya generally fall between ¥14 million and ¥22 million ($93,000 to $147,000 USD or €88,000 to €138,000 EUR), whereas high-end or luxury one-bedrooms in central wards can reach ¥35 million to ¥45 million ($233,000 to $300,000 USD or €219,000 to €281,000 EUR).
One-bedroom apartments in Nagoya typically measure around 35 to 45 square meters, with 40 square meters being the standard size that most buyers should expect for this category.
How much is a two-bedroom apartment in Nagoya in 2026?
As of January 2026, a typical resale two-bedroom apartment in Nagoya costs between ¥24 million and ¥29 million ($160,000 to $193,000 USD or €150,000 to €181,000 EUR), while new-build two-bedrooms range from ¥45 million to ¥55 million ($300,000 to $367,000 USD or €281,000 to €344,000 EUR).
Entry-level to mid-range two-bedroom apartments in Nagoya generally fall between ¥20 million and ¥32 million ($133,000 to $213,000 USD or €125,000 to €200,000 EUR), whereas high-end or luxury two-bedrooms in prime areas like Naka Ward or Chikusa can reach ¥50 million to ¥70 million ($333,000 to $467,000 USD or €313,000 to €438,000 EUR).
By the way, you will find much more detailed price ranges for apartments in our property pack covering the property market in Nagoya.
How much is a three-bedroom apartment in Nagoya in 2026?
As of January 2026, a typical resale three-bedroom apartment in Nagoya costs between ¥32 million and ¥40 million ($213,000 to $267,000 USD or €200,000 to €250,000 EUR), while new-build three-bedrooms range from ¥60 million to ¥75 million ($400,000 to $500,000 USD or €375,000 to €469,000 EUR).
Entry-level to mid-range three-bedroom apartments in Nagoya generally fall between ¥28 million and ¥45 million ($187,000 to $300,000 USD or €175,000 to €281,000 EUR), whereas high-end or luxury three-bedrooms in central wards can reach ¥70 million to ¥100 million ($467,000 to $667,000 USD or €438,000 to €625,000 EUR).
Three-bedroom apartments in Nagoya typically measure around 70 to 90 square meters, with 80 square meters being the standard family-sized unit that most three-bedroom buyers will encounter.
What's the price gap between new and resale apartments in Nagoya in 2026?
As of January 2026, new-build apartments in Nagoya cost approximately 90% to 130% more per square meter than resale apartments, meaning you should expect to pay roughly double for a brand-new unit compared to a similar-sized used one.
The average price per square meter for new-build apartments in Nagoya runs approximately ¥750,000 to ¥900,000 per m² ($5,000 to $6,000 USD or €4,690 to €5,625 EUR per m²), depending on location and developer.
In comparison, the average price per square meter for resale apartments in Nagoya is around ¥397,000 per m² ($2,650 USD or €2,480 EUR per m²), which makes used condos significantly more affordable for budget-conscious buyers.
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Can I afford to buy in Nagoya in 2026?
What's the typical total budget (all-in) to buy an apartment in Nagoya in 2026?
As of January 2026, the typical all-in budget to buy a standard apartment in Nagoya is your purchase price plus an additional 6% to 10%, so for a ¥30 million apartment you should budget ¥31.8 to ¥33 million total ($212,000 to $220,000 USD or €199,000 to €206,000 EUR).
Beyond the purchase price, your all-in budget in Nagoya needs to cover stamp duty on the contract, registration and license taxes, judicial scrivener fees, real estate acquisition tax, broker fees if you used an agent, and bank-related costs if you're getting a mortgage.
We go deeper and try to understand what costs can be avoided or minimized (and how) in our Nagoya property pack.
You can also read our dedicated blog article to understand what you can at different budget levels in Nagoya.
What down payment is typical to buy in Nagoya in 2026?
As of January 2026, the typical down payment to buy an apartment in Nagoya ranges from 10% to 20% for residents with established credit history, which means ¥2.6 million to ¥5.2 million ($17,300 to $34,700 USD or €16,300 to €32,500 EUR) on a median-priced ¥26 million apartment.
Most Japanese banks require a minimum down payment of around 10% to 20%, but foreigners without long residency history should plan for 20% to 35% down since lenders apply stricter requirements for non-residents or those with limited credit history in Japan.
To secure the most favorable mortgage terms in Nagoya, a down payment of 20% or more is recommended, as this gives you better negotiating power on interest rates and shows lenders you're a lower-risk borrower.
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 Nagoya in 2026?
How much does the price per m² for apartments vary by neighborhood in Nagoya in 2026?
As of January 2026, apartment prices per square meter in Nagoya range from roughly ¥250,000/m² in affordable outer wards to over ¥800,000/m² in prime central locations ($1,670 to $5,330 USD or €1,560 to €5,000 EUR per m²).
In the most affordable neighborhoods like Nakagawa Ward, Minato Ward, Moriyama Ward, and Minami Ward, you can expect to pay around ¥250,000 to ¥380,000 per m² ($1,670 to $2,530 USD or €1,560 to €2,375 EUR per m²) for resale apartments.
In the most expensive neighborhoods like Naka Ward (especially around Sakae), Nakamura Ward (near Nagoya Station), Chikusa Ward, and Showa Ward, prices typically run ¥500,000 to ¥800,000 per m² ($3,330 to $5,330 USD or €3,125 to €5,000 EUR per m²), with new builds going even higher.
By the way, we've written a blog article detailing what are the current best areas to invest in property in Nagoya.
What neighborhoods are best for first-time buyers on a budget in Nagoya in 2026?
As of January 2026, the top three neighborhoods for first-time buyers on a budget in Nagoya are Nakagawa Ward, Minato Ward, and Moriyama Ward, all of which offer significantly lower prices than the central city while still providing good access to urban amenities.
In these budget-friendly Nagoya neighborhoods, typical apartment prices range from ¥15 million to ¥28 million ($100,000 to $187,000 USD or €94,000 to €175,000 EUR) for a decent two-bedroom unit, compared to ¥30 million or more in central wards.
These affordable Nagoya neighborhoods offer advantages like larger apartment sizes for your money, family-friendly environments, local shopping and dining options, and reasonable subway or train access to the city center.
The main trade-off for buying in these budget-friendly Nagoya neighborhoods is longer commute times to major employment centers like Nagoya Station or Sakae, typically adding 20 to 40 minutes each way compared to living centrally.
Which neighborhoods have the fastest-rising apartment prices in Nagoya in 2026?
As of January 2026, the top three neighborhoods with the fastest-rising apartment prices in Nagoya are the Kanayama area (straddling Naka and Atsuta wards), the Nagoya Station (Meieki) area in Nakamura Ward, and the Sakae core in Naka Ward.
These fast-appreciating Nagoya neighborhoods have seen year-over-year price increases estimated at 5% to 10% in some micro-locations, outpacing the broader city average as transit improvements and redevelopment projects draw more buyer interest.
The main driver behind the rapid price growth in these Nagoya neighborhoods is major redevelopment activity, improved transit connectivity, and growing demand from both domestic buyers and corporations establishing regional headquarters near key transport hubs.
You can also read our latest update about property price forecasts in Nagoya.
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What extra costs will I pay on top of the apartment price in Nagoya in 2026?
What are all the buyer closing costs when you buy an apartment in Nagoya?
For a typical ¥30 million apartment purchase in Nagoya, total buyer closing costs run approximately ¥1.8 million to ¥3 million ($12,000 to $20,000 USD or €11,250 to €18,750 EUR), covering all the fees and taxes required to complete the transaction.
The main categories of closing costs buyers must pay in Nagoya include stamp duty on the sale contract, registration and license taxes, judicial scrivener fees for paperwork, real estate acquisition tax, broker or agent fees, and bank-related costs if you're financing the purchase.
The largest closing cost expense for most buyers in Nagoya is typically the real estate broker fee, which can run up to 3% of the purchase price plus tax, though this only applies if you used an agent to find or purchase the property.
Some closing costs in Nagoya are negotiable or can vary between transactions, particularly broker fees (which can sometimes be reduced) and judicial scrivener fees (which vary by provider), while government taxes like stamp duty and registration fees are fixed by law.
On average, how much are buyer closing costs as a percentage of the purchase price for an apartment in Nagoya?
Buyers in Nagoya should budget approximately 6% to 8% of the purchase price for closing costs in a typical transaction, though this can stretch to 10% if you're paying full brokerage fees and financing the purchase with a mortgage.
The realistic range that covers most standard transactions in Nagoya is 6% to 10%, with cash buyers who don't use a broker landing at the lower end, and financed purchases through agents reaching the higher end of that spectrum.
We actually cover all these costs and strategies to minimize them in our pack about the real estate market in Nagoya.
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 Nagoya in 2026?
What are typical HOA fees in Nagoya right now?
HOA fees are very common in Nagoya since nearly all apartment buildings (called "mansions" in Japan) charge monthly management fees and repair reserve funds, with the typical combined total running ¥20,000 to ¥35,000 per month ($133 to $233 USD or €125 to €219 EUR per month).
The realistic range of HOA fees in Nagoya spans from around ¥15,000 per month ($100 USD or €94 EUR) for older or basic buildings to ¥50,000 or more per month ($333 USD or €313 EUR) for luxury high-rises with extensive amenities like concierge services, gyms, and guest suites.
What utilities should I budget monthly in Nagoya right now?
The estimated total monthly utility cost for a typical apartment in Nagoya runs approximately ¥12,000 to ¥22,000 ($80 to $147 USD or €75 to €138 EUR), covering electricity, gas, water, and internet for an average household.
The realistic range of monthly utility costs in Nagoya spans from around ¥10,000 ($67 USD or €63 EUR) for a single person in a small apartment to ¥28,000 ($187 USD or €175 EUR) for a family in a larger unit with higher usage, especially during summer cooling or winter heating seasons.
The typical monthly utility budget in Nagoya includes electricity (the largest expense), city gas for cooking and hot water, water and sewage charges, and internet or mobile data services.
Electricity tends to be the most expensive utility for apartment owners in Nagoya, particularly during the hot and humid summer months when air conditioning runs continuously, which can push electricity bills alone to ¥8,000 to ¥15,000 per month.
How much is property tax on apartments in Nagoya?
The estimated typical annual property tax for an apartment in Nagoya ranges from ¥80,000 to ¥180,000 ($533 to $1,200 USD or €500 to €1,125 EUR) for a mid-market condo, though this varies significantly based on the property's assessed value.
Property tax in Nagoya is calculated using two components: a Fixed Asset Tax at 1.4% of the assessed taxable value, plus a City Planning Tax at 0.3% of the assessed value, for a combined rate of 1.7%, but keep in mind that the assessed value is typically much lower than the market price.
The realistic range of annual property tax in Nagoya spans from around ¥50,000 ($333 USD or €313 EUR) for a smaller or older apartment with low assessed value to ¥300,000 or more ($2,000 USD or €1,875 EUR) for a large or newer unit in a prime location.
If you want to go into more details, we also have a blog article detailing all the property taxes and fees in Nagoya.
What's the yearly building maintenance cost in Nagoya?
The estimated typical yearly building maintenance cost for apartment owners in Nagoya runs approximately ¥240,000 to ¥420,000 ($1,600 to $2,800 USD or €1,500 to €2,625 EUR), based on the standard monthly HOA fees that cover these expenses.
The realistic range of yearly maintenance costs in Nagoya spans from around ¥180,000 ($1,200 USD or €1,125 EUR) for older buildings with basic upkeep to ¥600,000 or more ($4,000 USD or €3,750 EUR) for newer luxury buildings with extensive common facilities.
Building maintenance costs in Nagoya typically cover common area cleaning, elevator servicing, building insurance, exterior repairs, landscaping, and contributions to the long-term repair reserve fund for major future renovations like roof or facade work.
In Nagoya (as in all of Japan), building maintenance costs are included within the monthly HOA fees, split between the "management fee" (kanrihi) for day-to-day operations and the "repair reserve fund" (shuzen tsumitatekin) for future capital improvements.
How much does home insurance cost in Nagoya?
The estimated typical annual home insurance cost for an apartment in Nagoya runs approximately ¥15,000 to ¥40,000 ($100 to $267 USD or €94 to €250 EUR), covering fire insurance and basic coverage for interior contents and liability.
The realistic range of annual home insurance costs in Nagoya spans from around ¥10,000 ($67 USD or €63 EUR) for minimal coverage to ¥60,000 or more ($400 USD or €375 EUR) for comprehensive policies that include earthquake insurance, which is a separate optional add-on in Japan.
Home insurance is not strictly mandatory for apartment owners in Nagoya, but it's effectively required if you're getting a mortgage since all Japanese lenders require fire insurance as a condition of the loan, and it's strongly recommended even for cash buyers.
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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 Nagoya, 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 |
|---|---|---|
| Chubu REINS | It's the official MLS-style network for real estate transactions in the Chubu region. | We used it as our primary anchor for resale apartment prices in Nagoya. We then translated its averages into realistic price ranges by bedroom count. |
| Tokyo Kantei (70m² Index) | Tokyo Kantei is a respected property data provider with standardized, repeatable indexes. | We used it to cross-check whether REINS resale levels look reasonable at a family-size unit. We also used it as a sanity check for our median price estimates. |
| Tokyo Kantei (New Condo Report) | It clearly states average prices and sizes for new condos in the Chubu region. | We used it to anchor new-build price levels where city-only data is limited. We then adjusted toward early 2026 using more recent resale evidence. |
| Nagoya City Land Price Report | It's an official municipal publication based on the national Koji Chika system. | We used it to identify which areas are expensive with official, comparable price points. We also used its specific examples to pinpoint pricey and fast-rising zones. |
| Nagoya City Tax FAQ | It's the city's own guidance, making it the cleanest source for local property tax rates. | We used it to state the actual Fixed Asset and City Planning tax rates. We then converted those rates into practical annual cost examples. |
| National Tax Agency (Stamp Duty) | The NTA is the national authority for taxes, including the exact stamp duty rate table. | We used it to estimate stamp duty on purchase contracts at common Nagoya price points. We included it in the closing cost bundle for all-in budgeting. |
| National Tax Agency (Registration Tax) | The NTA is the primary source for how registration-related taxes work in Japan. | We used it to map which registration taxes apply at purchase and how they're calculated. We then translated that into a percent-of-price range for buyers. |
| Japan Statistics Bureau (Household Survey) | It's Japan's official statistics office and the standard source for household spending. | We used it to anchor realistic utility budgets rather than guessing. We then tailored the final range to a Nagoya apartment household. |
| Japan Statistics Bureau (Nov 2025 Release) | It's an official release confirming the survey's current publication cycle for early 2026. | We used it as timestamped confirmation of the data's relevance. We kept our utility budgeting consistent with this early 2026 context. |
| Nagoya City (Koji Chika Framework) | It explains the national land-price framework that local reports rely on. | We used it to explain what Koji Chika is and why it's comparable across neighborhoods. We also used it to justify land-price signals for condo price differences. |
| MLIT (Condo Fee Survey) | It's the national housing ministry's methodology-driven publication on condo costs. | We used it as a reality check for typical monthly management and reserve fees in Japan. We then adjusted slightly for Nagoya's market. |
| REINS (National Context) | REINS is the official real estate information network with widely referenced publications. | We used it as a reference for typical condo management and reserve fund levels. We then adjusted the range for Nagoya being below Tokyo-core norms. |
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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