Authored by the expert who managed and guided the team behind the Japan Property Pack
Yes, the analysis of Osaka's property market is included in our pack
This guide breaks down apartment prices, closing costs, ongoing fees, and neighborhood variations in Osaka so you can plan your budget with confidence.
We update this blog post regularly to reflect the latest transaction data, government statistics, and market research 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 Osaka.
Insights
- New-build apartments in Osaka cost roughly 90% more per square meter than resale units in January 2026, with new builds averaging around ¥1,250,000/m² compared to ¥665,000/m² for used condos.
- Osaka's existing condo prices rose 9.4% year-over-year in 2025, outpacing new construction price growth as supply constraints pushed buyers toward the resale market.
- Monthly management and repair reserve fees in Osaka typically total ¥24,000 to ¥30,000, a cost many foreign buyers underestimate when budgeting for apartment ownership.
- Buyer closing costs in Osaka range from 6% to 10% of the purchase price for resale apartments, including agent fees, registration taxes, and stamp duty.
- Kita-ku and Chuo-ku remain Osaka's priciest wards, with resale prices reaching ¥1,200,000/m² in prime locations near Umeda and Shinsaibashi stations.
- Budget-friendly wards like Hirano-ku and Ikuno-ku offer resale apartments starting around ¥350,000/m², though buyers should carefully check building reserves and maintenance records.
- Japan's fixed asset tax runs at 1.4% of assessed value annually, plus up to 0.3% city planning tax in urban areas, but assessed values are typically 50% to 70% below market prices.
- Foreign buyers face no ownership restrictions in Japan, but purchases may require reporting to the Bank of Japan within 20 days and compliance checks near designated security facilities.
How much do apartments really cost in Osaka in 2026?
What's the average and median apartment price in Osaka in 2026?
As of January 2026, the average resale apartment price in Osaka Prefecture is approximately ¥35 million to ¥40 million (around $230,000 to $265,000 USD or €215,000 to €245,000 EUR) for a typical 60 m² unit, based on contracted transaction prices of roughly ¥665,000 per square meter.
The median price tends to run about 8% to 10% lower than the average because high-end units in central wards push the average upward, so a realistic median for Osaka resale apartments sits around ¥32 million to ¥36 million (roughly $210,000 to $240,000 USD or €195,000 to €220,000 EUR).
In terms of price per square meter, resale apartments in Osaka average around ¥665,000/m² ($4,400/m² or €4,100/m²) while the median is closer to ¥610,000/m² ($4,000/m² or €3,750/m²), and per square foot that works out to roughly ¥62,000/sq ft ($410/sq ft or €380/sq ft) on average.
Most standard Osaka apartments fall within a price range of ¥20 million to ¥70 million ($130,000 to $465,000 USD or €120,000 to €430,000 EUR), depending on size, age, and location within the city.
How much is a studio apartment in Osaka in 2026?
As of January 2026, a typical resale studio apartment in Osaka costs between ¥12 million and ¥18 million ($80,000 to $120,000 USD or €75,000 to €110,000 EUR), while new-build studios in desirable locations can reach ¥25 million to ¥40 million ($165,000 to $265,000 USD or €155,000 to €245,000 EUR).
Entry-level to mid-range resale studios generally fall in the ¥10 million to ¥16 million range ($66,000 to $106,000 USD or €62,000 to €98,000 EUR), whereas high-end or luxury studios in central Osaka can exceed ¥30 million ($200,000 USD or €185,000 EUR), especially in newer tower buildings.
Studio apartments in Osaka typically measure between 20 m² and 30 m², which is standard for single-person units in Japanese urban markets and explains the wide price variation depending on exact size and finishes.
How much is a one-bedroom apartment in Osaka in 2026?
As of January 2026, a typical resale one-bedroom apartment in Osaka costs between ¥18 million and ¥30 million ($120,000 to $200,000 USD or €110,000 to €185,000 EUR), with new-build one-bedrooms ranging from ¥38 million to ¥55 million ($250,000 to $365,000 USD or €235,000 to €340,000 EUR) in popular central wards.
Entry-level to mid-range one-bedroom resale apartments typically fall between ¥15 million and ¥28 million ($100,000 to $185,000 USD or €93,000 to €170,000 EUR), while high-end or luxury one-bedrooms in towers near major stations can reach ¥50 million to ¥65 million ($330,000 to $430,000 USD or €310,000 to €400,000 EUR).
One-bedroom apartments in Osaka generally measure between 30 m² and 45 m², which in Japanese real estate terminology often corresponds to 1LDK (one bedroom plus living-dining-kitchen) layouts that offer more functional space than compact studios.
How much is a two-bedroom apartment in Osaka in 2026?
As of January 2026, a typical resale two-bedroom apartment in Osaka costs between ¥30 million and ¥50 million ($200,000 to $330,000 USD or €185,000 to €310,000 EUR), while new-build two-bedrooms start around ¥60 million and can exceed ¥90 million ($400,000 to $595,000 USD or €370,000 to €555,000 EUR) in central locations.
Entry-level to mid-range resale two-bedrooms generally fall between ¥28 million and ¥45 million ($185,000 to $300,000 USD or €170,000 to €275,000 EUR), whereas high-end or luxury two-bedroom apartments in prime wards like Kita-ku or Chuo-ku can reach ¥80 million to ¥100 million ($530,000 to $660,000 USD or €490,000 to €615,000 EUR).
By the way, you will find much more detailed price ranges for apartments in our property pack covering the property market in Osaka.
How much is a three-bedroom apartment in Osaka in 2026?
As of January 2026, a typical resale three-bedroom apartment in Osaka costs between ¥45 million and ¥70 million ($300,000 to $465,000 USD or €275,000 to €430,000 EUR), while new-build three-bedrooms range from ¥90 million to ¥130 million or more ($595,000 to $860,000+ USD or €555,000 to €800,000+ EUR) in desirable neighborhoods.
Entry-level to mid-range resale three-bedrooms typically fall between ¥40 million and ¥65 million ($265,000 to $430,000 USD or €245,000 to €400,000 EUR), whereas high-end or luxury three-bedroom apartments in premium towers can exceed ¥120 million ($795,000 USD or €740,000 EUR), particularly in Umeda or waterfront developments.
Three-bedroom apartments in Osaka typically measure between 70 m² and 90 m², which represents the 3LDK (three bedrooms plus living-dining-kitchen) layout favored by families and increasingly rare in new construction due to rising land costs.
What's the price gap between new and resale apartments in Osaka in 2026?
As of January 2026, new-build apartments in Osaka cost approximately 80% to 100% more per square meter than resale apartments, making the premium for new construction one of the largest cost factors buyers need to consider.
The average price per square meter for new-build apartments in Osaka is around ¥1,250,000/m² ($8,300/m² USD or €7,700/m² EUR), reflecting elevated construction costs, tight supply, and strong demand in central wards near major stations.
In comparison, resale apartments in Osaka average approximately ¥665,000/m² ($4,400/m² USD or €4,100/m² EUR) based on December 2025 contracted transaction data, offering significant savings for buyers willing to consider used properties.
Make a profitable investment in Osaka
Better information leads to better decisions. Save time and money. Download our guide.
Can I afford to buy in Osaka in 2026?
What's the typical total budget (all-in) to buy an apartment in Osaka in 2026?
As of January 2026, the typical all-in budget to buy a standard resale apartment in Osaka is approximately ¥38 million to ¥55 million ($250,000 to $365,000 USD or €235,000 to €340,000 EUR) for a 60 m² unit, which includes the purchase price plus 6% to 10% in closing costs.
Beyond the purchase price, your all-in budget in Osaka should include real estate agent fees (typically 3% plus ¥60,000 plus tax), stamp duty, registration and license taxes, judicial scrivener fees, and potentially mortgage-related costs if you're financing the purchase.
We go deeper and try to understand what costs can be avoided or minimized (and how) in our Osaka property pack.
You can also read our dedicated blog article to understand what you can at different budget levels in Osaka.
What down payment is typical to buy in Osaka in 2026?
As of January 2026, the typical down payment to buy an apartment in Osaka is 10% to 20% of the purchase price, which means roughly ¥3.5 million to ¥10 million ($23,000 to $66,000 USD or €22,000 to €62,000 EUR) for a standard resale apartment priced around ¥35 million to ¥50 million.
Most Japanese banks require a minimum down payment of 10% for mortgage approval, though some government-backed programs like Flat 35 can offer higher loan-to-value ratios for qualifying buyers with stable Japan-based income.
A down payment of 20% or more is recommended in Osaka to secure more favorable mortgage terms, lower interest rates, and reduce your monthly payment burden over the loan term.
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 Osaka in 2026?
How much does the price per m² for apartments vary by neighborhood in Osaka in 2026?
As of January 2026, apartment prices per square meter in Osaka vary dramatically by neighborhood, ranging from around ¥350,000/m² ($2,300/m² USD or €2,150/m² EUR) in outer wards to over ¥1,500,000/m² ($9,900/m² USD or €9,200/m² EUR) in prime central locations.
The most affordable neighborhoods in Osaka include Hirano-ku, Ikuno-ku, Higashisumiyoshi-ku, and parts of Nishinari-ku, where resale apartments typically cost between ¥350,000 and ¥600,000 per square meter ($2,300 to $4,000/m² USD or €2,150 to €3,700/m² EUR).
The most expensive neighborhoods in Osaka are Kita-ku (especially near Umeda Station), Chuo-ku (Shinsaibashi and Namba areas), parts of Nishi-ku, and Tennoji-ku, where resale prices range from ¥850,000 to ¥1,200,000 per square meter ($5,600 to $7,900/m² USD or €5,200 to €7,400/m² EUR) and new builds can exceed ¥1,600,000/m².
By the way, we've written a blog article detailing what are the current best areas to invest in property in Osaka.
What neighborhoods are best for first-time buyers on a budget in Osaka in 2026?
As of January 2026, the top three neighborhoods for first-time buyers on a budget in Osaka are Fukushima-ku, Abeno-ku, and Miyakojima-ku, which offer a balance of reasonable prices, good transportation access, and livable amenities.
Apartment prices in these budget-friendly Osaka neighborhoods typically range from ¥25 million to ¥45 million ($165,000 to $300,000 USD or €155,000 to €275,000 EUR) for a standard two-bedroom resale unit, representing significant savings compared to central wards.
These neighborhoods offer first-time buyers convenient subway and rail connections, local shopping streets, restaurants, parks, and a more residential atmosphere while still being within 15 to 20 minutes of major business districts like Umeda and Namba.
The main trade-off of buying in these areas is that you may find older building stock, smaller unit sizes compared to suburban options, and potentially higher repair reserve requirements in aging mansions that need careful due diligence.
Which neighborhoods have the fastest-rising apartment prices in Osaka in 2026?
As of January 2026, the top three neighborhoods with the fastest-rising apartment prices in Osaka are Kita-ku (Umeda area), Chuo-ku (Shinsaibashi core), and Fukushima-ku, all benefiting from major redevelopment projects and improved transportation infrastructure.
These fast-appreciating Osaka neighborhoods have seen estimated year-over-year price increases of 8% to 15%, with some pockets near new rail stations experiencing even sharper gains of 1.5 times their value over three years.
The main driver behind rapid price growth in these areas is the combination of Expo 2025 infrastructure investment, corporate relocations to Osaka, increased foreign buyer interest due to the weak yen, and severe supply constraints in new construction limiting available inventory.
You can also read our latest update about property price forecasts in Osaka.
Don't lose money on your property in Osaka
100% of people who have lost money there have spent less than 1 hour researching the market. We have reviewed everything there is to know. Grab our guide now.
What extra costs will I pay on top of the apartment price in Osaka in 2026?
What are all the buyer closing costs when you buy an apartment in Osaka?
The estimated total buyer closing cost for a typical ¥40 million apartment purchase in Osaka is approximately ¥2.8 million to ¥4 million ($18,500 to $26,500 USD or €17,200 to €24,600 EUR), covering all mandatory taxes and fees required to complete the transaction.
The main categories of closing costs in Osaka include real estate agent commission (3% plus ¥60,000 plus 10% consumption tax), stamp duty on the purchase contract, registration and license tax for title transfer, judicial scrivener fees, and real estate acquisition tax billed a few months after closing.
The largest closing cost for most Osaka apartment buyers is the real estate agent commission, which on a ¥40 million property works out to roughly ¥1.4 million ($9,300 USD or €8,600 EUR) including consumption tax.
Some closing costs are negotiable or variable in Osaka, particularly judicial scrivener fees which can differ between providers, and you may avoid agent fees entirely if buying directly from a developer for a new-build property.
On average, how much are buyer closing costs as a percentage of the purchase price for an apartment in Osaka?
Buyers in Osaka should budget approximately 6% to 10% of the purchase price for closing costs, with resale apartments typically falling in the 7% to 10% range and new-build apartments from developers often in the 5% to 8% range.
The realistic low-to-high percentage range for Osaka apartment closing costs is 5% to 12%, where the lower end applies to cash purchases of new builds without agent involvement and the higher end covers financed purchases of resale properties with full agent services.
We actually cover all these costs and strategies to minimize them in our pack about the real estate market in Osaka.
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 Osaka in 2026?
What are typical HOA fees in Osaka right now?
HOA fees (called management fees and repair reserve funds in Japan) are very common for apartment buildings in Osaka, with the combined typical monthly cost ranging from ¥24,000 to ¥30,000 ($160 to $200 USD or €150 to €185 EUR) based on national survey averages.
For basic older buildings in Osaka, combined monthly fees may start around ¥15,000 to ¥20,000 ($100 to $130 USD or €92 to €123 EUR), while luxury towers with extensive amenities like concierge services, gyms, and rooftop facilities can charge ¥40,000 to ¥60,000 or more ($265 to $400 USD or €245 to €370 EUR) per month.
What utilities should I budget monthly in Osaka right now?
The estimated total monthly utility cost for a typical apartment in Osaka is approximately ¥15,000 to ¥20,000 ($100 to $130 USD or €92 to €123 EUR), covering electricity, gas, water, and sewage.
The realistic range of monthly utility costs in Osaka varies from ¥10,000 to ¥30,000 ($66 to $200 USD or €62 to €185 EUR) depending on apartment size, season, and usage habits, with smaller studios on the lower end and larger family units or heavy AC users at the higher end.
Typical monthly utilities in Osaka include electricity (averaging ¥6,000 to ¥9,000), city gas for cooking and hot water (¥3,000 to ¥5,000), and water/sewage billed bi-monthly but averaging ¥2,000 to ¥4,000 per month.
Electricity tends to be the most expensive utility for Osaka apartment owners, especially during summer months when air conditioning use spikes and winter months when heating demand increases.
How much is property tax on apartments in Osaka?
The estimated typical annual property tax for an apartment in Osaka is approximately ¥100,000 to ¥250,000 ($660 to $1,660 USD or €615 to €1,540 EUR), depending on the property's assessed value and location within the city.
Property tax in Osaka is calculated as Fixed Asset Tax at 1.4% of assessed value plus City Planning Tax at 0.3% of assessed value, for a combined effective rate of 1.7% of the government-assessed value (not the market price you paid).
The realistic range of annual property tax in Osaka spans from ¥50,000 to ¥400,000 ($330 to $2,650 USD or €310 to €2,460 EUR), where lower-value older units in outer wards pay less and newer, centrally-located apartments pay more.
If you want to go into more details, we also have a blog article detailing all the property taxes and fees in Osaka.
What's the yearly building maintenance cost in Osaka?
The estimated typical yearly building maintenance cost for apartment owners in Osaka is approximately ¥290,000 to ¥360,000 ($1,920 to $2,380 USD or €1,780 to €2,210 EUR), based on monthly management and repair reserve fees multiplied by twelve.
The realistic range of yearly maintenance costs in Osaka varies from ¥180,000 to ¥720,000 ($1,190 to $4,770 USD or €1,110 to €4,430 EUR), with basic older buildings at the lower end and premium tower residences with extensive facilities at the higher end.
Building maintenance costs in Osaka typically cover common area cleaning, elevator maintenance, security systems, building insurance, management company fees, and contributions to the long-term repair reserve fund for major renovations.
In Japan, building maintenance costs are generally separate from and additional to your monthly HOA-style fees, as the repair reserve fund specifically saves for future large-scale repairs while management fees cover day-to-day operations.
How much does home insurance cost in Osaka?
The estimated typical annual home insurance cost for an apartment in Osaka is approximately ¥20,000 to ¥40,000 ($130 to $265 USD or €123 to €245 EUR) for standard fire insurance coverage.
The realistic range of annual home insurance costs in Osaka varies from ¥15,000 to ¥60,000 ($100 to $400 USD or €92 to €370 EUR) depending on coverage level, property value, building construction type, and whether you add optional earthquake insurance.
Home insurance in Osaka is technically optional for cash buyers, but mortgage lenders require fire insurance coverage for the loan term, and earthquake insurance (which costs extra) is strongly recommended given Japan's seismic activity.
Get fresh and reliable information about the market in Osaka
Don't base significant investment decisions on outdated data. Get updated and accurate information with our guide.
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 Osaka, 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 |
|---|---|---|
| REINS Monthly Report on Real Estate Transactions | REINS data is based on actual transactions recorded through Japan's official real estate network. | We used Osaka Prefecture's contracted condo prices per m² as our primary resale benchmark. We also used it to verify that our estimates align with Japan-wide transaction data. |
| Savills Osaka Residential Spotlight (Feb 2025) | Savills is a respected global real estate advisory firm with detailed Japan market research. | We used it to anchor new-build condo pricing levels in Osaka and understand the market drivers. We then projected these figures conservatively into early 2026. |
| Savills Japan Osaka Residential Markets | It's the publisher's primary page for Osaka market analysis with consistent methodology. | We used it to cross-check pricing statements and verify market context. We used it to support the early 2026 narrative around supply and pricing trends. |
| MLIT Mansion General Survey Results | MLIT is Japan's central ministry responsible for housing policy and national statistics. | We used it for average monthly management fees and total management costs. We used these figures to build realistic ongoing cost budgets for Osaka apartments. |
| MLIT Mansion General Survey Slides | Official MLIT presentation containing specific quotable figures from national surveys. | We used it for average repair reserve fund contributions per unit. We used it to explain why low monthly fees can signal problems in older buildings. |
| National Tax Agency Stamp Tax Guide | The NTA is the official authority on national taxes in Japan. | We used it to describe stamp duty on purchase contracts as part of closing costs. We used it to keep our estimates grounded in official tax tables. |
| Housing Japan Property Tax Guide 2025 | Housing Japan is an established real estate agency with detailed buyer resources. | We used it to verify closing cost percentages and property tax calculations. We used it to ensure our all-in budget estimates reflect current practices. |
| Japan Housing Finance Agency (Flat 35) | JHF is a government-affiliated institution and Flat 35 is a core reference for mortgage terms. | We used it as a reality check for financing conditions and down payment structures. We used it to inform what typical mortgage requirements look like in Japan. |
| DLA Piper Real Estate Tax Overview | DLA Piper is a major international law firm with clear Japan real estate tax summaries. | We used it to support the property tax framework explanation. We used it to verify annual tax rate expectations alongside local practice. |
| Cabinet Office Land Reporting Guidance | Official government page describing national security-related land rules for property buyers. | We used it to explain the foreign buyer nuance around reporting requirements. We used it to set expectations about potential compliance steps. |
| Global Property Guide Japan Analysis | Global Property Guide provides detailed country-level real estate market data and analysis. | We used it to verify Osaka metropolitan pricing against national trends. We used it to contextualize price growth rates and market dynamics. |
| Smart Property Japan Transaction Costs | Smart Property Japan offers detailed guides specifically for foreign property buyers. | We used it to itemize buyer closing costs and agent fee calculations. We used it to verify percentage ranges for total transaction costs. |
| Plaza Homes Property Buying Costs | Plaza Homes is an established bilingual real estate agency with comprehensive buyer guides. | We used it to detail stamp duty brackets and registration fee structures. We used it to create practical cost examples for different property values. |
| Japan Living Guide Utility Prices | Japan Living Guide provides practical cost data sourced from government statistics. | We used it to estimate typical monthly utility costs by household size. We used it to break down electricity, gas, and water expenses for Osaka. |
| MATCHA Japan Cost of Living Guide | MATCHA is a trusted Japan travel and living resource with practical expense breakdowns. | We used it to verify Osaka-specific utility and living costs. We used it to provide context for first-time foreign residents planning budgets. |
| InvestAsian Osaka Real Estate Guide | InvestAsian provides detailed investment analysis for major Asian property markets. | We used it to verify neighborhood price variations across Osaka. We used it to understand rental yield expectations and investor considerations. |
| Real Estate Japan Cost Breakdown | Real Estate Japan is a leading English-language property portal with detailed buyer resources. | We used it to verify the range of miscellaneous purchasing costs. We used it to ensure our closing cost percentages reflect market reality. |
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.
Related blog posts