As of June 2026, a realistic Osaka apartment budget starts around ¥14m to ¥24m for a studio, ¥25m to ¥40m for a one-bedroom apartment, ¥38m to ¥60m for a two-bedroom apartment, and ¥55m to ¥85m for a three-bedroom apartment, but prime central Osaka apartments can cost far more.
Get all the data you need about the real estate market in Osaka
We constantly update this blog post so that the Osaka apartment prices, taxes, and ownership costs stay close to the market as it moves.
For June 2026, the most useful benchmark is the Osaka City resale condominium market, because resale transactions show what buyers actually paid.
The simple message is that Osaka is still cheaper than central Tokyo, but the best areas of Osaka are no longer cheap.
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
- Osaka City resale apartments averaged about ¥47m in May 2026, so a buyer with a ¥50m budget is near the city average, not above it.
- The average Osaka resale apartment price per square meter in June 2026 is around ¥720,000 to ¥780,000, but Umeda-area stock can be roughly twice that level.
- The new-build premium in Osaka in 2026 is roughly 30% to 45% per square meter, so resale apartments often give foreign buyers a simpler entry point.
- Studios in Osaka can look cheap at ¥14m to ¥24m, but small units often have a higher price per square meter than larger family apartments.
- For a normal foreign buyer, the real Osaka apartment budget is not the purchase price, but the purchase price plus about 7% to 10% in costs.
- Osaka property tax is based on assessed value, not the price you paid, so the yearly tax bill is usually much lower than 1.7% of the purchase price.
- Juso, Shin-Osaka, Kyobashi, Bentencho, and Morinomiya are useful first-time buyer areas because they combine transport access with lower prices than the core.
- In Osaka in 2026, the main risk with a cheap older apartment is often the repair reserve fund, not the price itself.
- Prime Osaka areas such as Umeda, Nakanoshima, Kitahama, Honmachi, and Fukushima are strong for liquidity, but gross rental yields are usually thinner.
How much do apartments really cost in Osaka in 2026?
What's the average and median apartment price in Osaka in 2026?
As of June 2026, the average apartment price in Osaka is about ¥45m to ¥50m, which is roughly $281,000 to $313,000 or €243,000 to €270,000, while the median Osaka apartment price is closer to ¥38m to ¥43m, or about $238,000 to $269,000 and €205,000 to €232,000.
In price per square meter terms, Osaka apartments in 2026 usually sit around ¥720,000 to ¥780,000 per m², or about $4,500 to $4,900 and €3,900 to €4,200 per m², which equals about ¥67,000 to ¥72,000 per sq ft, or about $420 to $450 and €360 to €390 per sq ft.
So, for most standard Osaka apartments in 2026, a practical buyer range is ¥30m to ¥80m, or about $188,000 to $500,000 and €162,000 to €432,000, with the lower end mostly older or smaller units and the upper end better central or family-sized homes.
Sources and methodology: we used Kinki REINS, Real Estate Economic Institute, and MLIT real estate price index.
We treated Osaka City closed resale transactions as the main anchor because closed deals are stronger than asking prices.
We then checked our own Osaka apartment range model against new-build data, land-price pressure, and active listing patterns.
How much is a studio apartment in Osaka in 2026?
As of June 2026, a typical studio apartment in Osaka costs about ¥14m to ¥24m, which is roughly $88,000 to $150,000 or €76,000 to €130,000.
For entry-level to mid-range Osaka studios, a realistic range is ¥10m to ¥24m, or about $63,000 to $150,000 and €54,000 to €130,000, while high-end or very central studios in Namba, Hommachi, Fukushima, or near Umeda can reach ¥25m to ¥35m, or about $156,000 to $219,000 and €135,000 to €189,000.
Most studio apartments in Osaka are around 18 m² to 28 m², so the low total price can hide a fairly high price per square meter.
Sources and methodology: we used Kinki REINS, SUUMO Osaka resale listings, and LIFULL HOME'S Osaka listings.
We applied Osaka City resale prices to typical studio sizes and adjusted for small-unit investor premiums.
We also checked central rental-demand areas because Osaka studios are often bought by small landlords.
How much is a one-bedroom apartment in Osaka in 2026?
As of June 2026, a typical one-bedroom apartment in Osaka costs about ¥25m to ¥40m, which is roughly $156,000 to $250,000 or €135,000 to €216,000.
For entry-level to mid-range one-bedroom apartments in Osaka, a realistic range is ¥18m to ¥40m, or about $113,000 to $250,000 and €97,000 to €216,000, while prime or newer 1LDK apartments in Fukushima, Honmachi, Kitahama, or the Umeda edge often cost ¥40m to ¥60m, or about $250,000 to $375,000 and €216,000 to €324,000.
Most one-bedroom apartments in Osaka are around 35 m² to 45 m², which makes the segment useful for both single owner-occupiers and long-term tenants.
Sources and methodology: we used Kinki REINS, At Home Osaka resale listings, and Osaka City land-price data.
We multiplied realistic 1LDK sizes by Osaka resale price bands and then adjusted by station strength.
We gave extra weight to areas with strong rail access because one-bedroom resale liquidity in Osaka depends heavily on commute convenience.
How much is a two-bedroom apartment in Osaka in 2026?
As of June 2026, a typical two-bedroom apartment in Osaka costs about ¥38m to ¥60m, which is roughly $238,000 to $375,000 or €205,000 to €324,000.
For entry-level to mid-range two-bedroom apartments in Osaka, a realistic range is ¥30m to ¥60m, or about $188,000 to $375,000 and €162,000 to €324,000, while high-end or newer 2LDK apartments in Kita, Chuo, Nishi, Fukushima, and Nakanoshima often cost ¥65m to ¥95m, or about $406,000 to $594,000 and €351,000 to €514,000.
By the way, you will find much more detailed price ranges for apartments in our property pack covering the property market in Osaka.
Sources and methodology: we used Kinki REINS, Real Estate Economic Institute, and Osaka Prefecture land-price publication.
We benchmarked 2LDK prices against the average Osaka City resale unit size of about 62 m².
We then separated normal resale apartments from newer central towers because the two markets behave very differently.
How much is a three-bedroom apartment in Osaka in 2026?
As of June 2026, a typical three-bedroom apartment in Osaka costs about ¥55m to ¥85m, which is roughly $344,000 to $531,000 or €297,000 to €459,000.
For entry-level to mid-range three-bedroom apartments in Osaka, a realistic range is ¥38m to ¥85m, or about $238,000 to $531,000 and €205,000 to €459,000, while high-end or luxury 3LDK apartments in Umeda, Nakanoshima, Dojima, Kitahama, Honmachi, and prime Fukushima can reach ¥90m to ¥150m or more, or about $563,000 to $938,000 and €486,000 to €811,000.
Most three-bedroom apartments in Osaka are around 65 m² to 80 m², and the best family layouts near strong schools or major stations often sell above the city average.
Sources and methodology: we used Kinki REINS, SUUMO Osaka resale listings, and Osaka City land-price data.
We used 65 m² to 80 m² as the normal 3LDK size range for Osaka apartment buyers.
We then adjusted for family demand, school access, station access, and the scarcity of large central units.
What's the price gap between new and resale apartments in Osaka in 2026?
As of June 2026, new-build apartments in Osaka usually cost about 30% to 45% more per square meter than resale apartments.
For new-build apartments, a realistic Osaka-linked benchmark in 2026 is around ¥1.02m per m², or about $6,400 and €5,500 per m², before applying a higher premium to central Osaka towers.
For resale apartments, Osaka City closed transactions sit closer to about ¥764,000 per m², or about $4,800 and €4,100 per m², which explains why many foreign buyers start with resale stock.
Sources and methodology: we used Real Estate Economic Institute, Kinki REINS, and MLIT real estate price index.
We compared Kinki new condominium prices with Osaka City resale condominium transactions.
We kept the premium as a range because new-build data covers a wider geography than central Osaka alone.
Make a profitable investment in Osaka
Better information leads to better decisions. Save time and money. Download our data.
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 June 2026, a standard Osaka apartment buyer should budget about ¥53.5m to ¥55m all-in for a ¥50m apartment, which is roughly $334,000 to $344,000 or €289,000 to €297,000.
This all-in Osaka apartment budget usually includes the purchase price, brokerage fee, registration taxes, judicial scrivener fee, stamp duty, acquisition tax, loan costs, insurance, and prorated property or building fees.
We go deeper and try to understand what costs can be avoided or minimized (and how) in our Osaka property pack.
Sources and methodology: we used National Tax Agency stamp tax guidance, Osaka Prefecture acquisition tax guidance, and Osaka City property tax guidance.
We applied normal Japan apartment closing-cost categories to Osaka resale purchase prices.
We also added a foreign-buyer buffer because translation, tax agent, and financing support can add real costs.
What down payment is typical to buy in Osaka in 2026?
As of June 2026, a foreign buyer should often expect a down payment of 20% to 50% for an Osaka apartment, which means about ¥10m to ¥25m on a ¥50m home, or about $63,000 to $156,000 and €54,000 to €135,000.
The minimum down payment for Osaka apartment buyers with strong Japan income and permanent residence can be around 10% to 20%, but non-resident foreign buyers may need 50% or may need to buy in cash.
For better mortgage terms in Osaka, a safer target is 30% to 40% down, because banks usually prefer visible Japan income, stable residency, and a clear tax record.
Sources and methodology: we used Japan Housing Finance Agency, Kinki REINS, and lender-facing market checks from our own Osaka buyer files.
We separated legal ownership from mortgage access because foreigners can own property in Japan more easily than they can borrow.
We used conservative down-payment assumptions because amateur foreign buyers should not plan around the easiest loan case.
Get fresh and reliable information about the market in Osaka
Don't base significant investment decisions on outdated data. Get updated and accurate information.
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 June 2026, apartment prices in Osaka range from about ¥280,000 to ¥1.6m per m², or about $1,800 to $10,000 and €1,500 to €8,600 per m², depending on ward, station distance, building age, and tower quality.
The most affordable Osaka apartment neighborhoods are usually Taisho, Suminoe, Higashiyodogawa, Hirano, and weaker pockets of Nishinari, where typical prices often sit around ¥280,000 to ¥500,000 per m², or about $1,800 to $3,100 and €1,500 to €2,700 per m².
The most expensive Osaka apartment neighborhoods are Umeda, Umekita, Nakanoshima, Dojima, Kitahama, Honmachi, and prime Fukushima, where typical prices often run from ¥900,000 to ¥1.6m per m², or about $5,600 to $10,000 and €4,900 to €8,600 per m².
Sources and methodology: we used Osaka City land-price data, Osaka Prefecture land-price publication, and Kinki REINS.
We started from Osaka City resale condominium prices and adjusted for ward-level land pressure.
We then checked station strength, tower supply, and active resale listings to avoid a purely land-price view.
What neighborhoods are best for first-time buyers on a budget in Osaka in 2026?
As of June 2026, the top three Osaka neighborhoods for first-time buyers on a budget are Juso, Shin-Osaka or Nishinakajima-Minamigata, and Kyobashi, because each area gives buyers strong transport access without prime-core pricing.
In those budget-friendly Osaka neighborhoods, a realistic apartment price range is about ¥22m to ¥45m, or about $138,000 to $281,000 and €119,000 to €243,000, depending mostly on age, size, and walk time to the station.
These areas work because Juso connects quickly to Umeda, Shin-Osaka has Shinkansen and office demand, and Kyobashi has several train lines plus a lower prestige discount.
The trade-off is that these budget Osaka neighborhoods can feel less polished than Kita, Chuo, Nishi, or Fukushima, so building condition and exact micro-location matter a lot.
Sources and methodology: we used Kinki REINS, SUUMO Osaka resale listings, and LIFULL HOME'S Osaka listings.
We compared lower-price rail nodes with central Osaka resale prices.
We also used our own neighborhood scoring for liquidity, commute access, and likely buyer depth.
Which neighborhoods have the fastest-rising apartment prices in Osaka in 2026?
As of June 2026, the fastest-rising Osaka apartment areas are Umeda or Umekita, Fukushima, and Nakanoshima or Dojima, with Honmachi and Kitahama also showing strong central demand.
These fast-appreciating Osaka neighborhoods can show estimated price growth of roughly 8% to 15% year over year for good stock, while the very best tower units can move faster because supply is limited.
The main driver is north-core Osaka redevelopment, especially the Umeda and Umekita story, plus a spillover effect into nearby residential areas with better livability than the business core.
Sources and methodology: we used Osaka City land-price data, Osaka Prefecture land-price publication, and Kinki REINS.
We checked transaction momentum against official land-price pressure and redevelopment logic.
We treated neighborhood growth as an estimate because exact apartment growth depends heavily on the building and floor.
Get to know the market before buying a property in Osaka
Better information leads to better decisions. Get all the data you need before investing a large amount of money.
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?
For a typical ¥50m Osaka apartment, buyer closing costs are usually about ¥3.5m to ¥5m, which is roughly $22,000 to $31,000 or €19,000 to €27,000.
The main Osaka apartment closing costs are brokerage fee, registration and license tax, judicial scrivener fee, stamp duty, acquisition tax, loan fees, fire or earthquake insurance, and settlement adjustments.
The largest closing cost is usually the brokerage fee on a resale apartment, unless the buyer takes a loan with high lender or guarantee fees.
Some closing costs can vary, especially loan fees, insurance, judicial scrivener fees, translation support, and brokerage treatment on new-build units.
Sources and methodology: we used National Tax Agency stamp tax guidance, Osaka Prefecture real estate acquisition tax, and Osaka City tax guidance.
We applied official tax rules to standard Osaka apartment purchase sizes.
We then added normal market fees because taxes are only one part of the real buyer bill.
On average, how much are buyer closing costs as a percentage of the purchase price for an apartment in Osaka?
For an Osaka apartment in 2026, buyers should usually budget 7% to 10% of the purchase price for closing costs if the purchase is financed.
A realistic low-to-high range is about 5% to 11%, with the low end more common for simple cash purchases and the high end more common for foreign buyers using financing or extra professional support.
We actually cover all these costs and strategies to minimize them in our pack about the real estate market in Osaka.
Sources and methodology: we used National Tax Agency stamp tax guidance, Osaka Prefecture tax guidance, and Osaka City tax guidance.
We estimated buyer costs as a percentage because Osaka apartment prices vary widely.
We kept the range conservative because foreign buyers often need more support than local buyers.
Buying real estate in Osaka can be risky
An increasing number of foreign investors are showing interest. However, 90% of them will make mistakes. Avoid the pitfalls with our comprehensive guide.
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-style fees are common for Osaka condominiums, and in Japan they usually appear as a monthly management fee plus a monthly repair reserve fund, with a normal combined budget of about ¥25,000 to ¥45,000 per month, or about $156 to $281 and €135 to €243.
The realistic Osaka range runs from about ¥10,000 to ¥22,000 per month for small studios, or about $63 to $138 and €54 to €119, to ¥45,000 to ¥90,000 or more for towers, or about $281 to $563 and €243 to €486.
Sources and methodology: we used MLIT condominium statistics, MLIT condominium management guide, and Osaka listing checks from SUUMO.
We combined national condominium fee guidance with Osaka building-level listing checks.
We treated towers separately because concierge, elevators, lounges, and high-rise systems raise monthly fees.
What utilities should I budget monthly in Osaka right now?
For a typical Osaka apartment in 2026, monthly utilities usually cost about ¥16,000 to ¥24,000, or roughly $100 to $150 and €86 to €130, for a couple in a 1LDK.
The realistic monthly utility range in Osaka is about ¥10,000 to ¥15,000 for a single person in a studio, or about $63 to $94 and €54 to €81, and ¥24,000 to ¥38,000 for a small family in a 2LDK or 3LDK, or about $150 to $238 and €130 to €205.
This Osaka utility budget normally includes electricity, city gas, water, and sewerage, but it does not include internet, mobile phone bills, or monthly condominium fees.
Electricity is often the most expensive utility in Osaka because summer air-conditioning can push bills up in July, August, and September.
Sources and methodology: we used Statistics Bureau Family Income and Expenditure Survey, Statistics Bureau English survey page, and our Osaka household-size adjustments.
We used official household spending data as the anchor for utilities.
We then adjusted the numbers for apartment size, household count, and Osaka's humid summer electricity use.
How much is property tax on apartments in Osaka?
For a normal Osaka apartment, annual property tax and city planning tax often land around ¥110,000 to ¥220,000 per year on a ¥50m apartment, or about $690 to $1,375 and €595 to €1,190.
Osaka City fixed asset tax is 1.4% of the taxable assessed value, and city planning tax is 0.3% of the taxable assessed value where applicable, so the tax is not simply 1.7% of the purchase price.
The realistic annual property tax range in Osaka is about ¥60,000 to ¥110,000 for a ¥25m apartment, or about $375 to $690 and €324 to €595, and ¥300,000 to ¥600,000 or more for a prime ¥100m-plus apartment, or about $1,875 to $3,750 and €1,620 to €3,240.
Sources and methodology: we used Osaka City fixed asset and city planning tax guidance, Osaka Prefecture tax guidance, and MLIT real estate price index.
We estimated tax from assessed-value logic, not from headline purchase prices.
We kept ranges wide because land share, building age, and residential reductions can change the final bill.
What's the yearly building maintenance cost in Osaka?
For a standard Osaka apartment, yearly building maintenance through management fees and repair reserve funds is usually about ¥300,000 to ¥650,000, or roughly $1,875 to $4,063 and €1,620 to €3,514.
The realistic yearly range is about ¥120,000 to ¥264,000 for a small studio, or about $750 to $1,650 and €649 to €1,427, and ¥600,000 to ¥1.1m for a tower unit, or about $3,750 to $6,875 and €3,243 to €5,946.
These Osaka maintenance costs usually cover building management, cleaning, elevators, common-area electricity, routine repairs, long-term repair reserves, and sometimes shared amenities.
For Osaka condominiums, building maintenance is usually included inside monthly management fees and repair reserve payments, but special assessments can be charged separately if the reserve fund is weak.
Sources and methodology: we used MLIT repair reserve fund guideline, MLIT condominium statistics, and Osaka listing checks from LIFULL HOME'S.
We converted monthly condominium fees into yearly owner budgets.
We flagged special assessments because older Osaka buildings can look cheap while carrying hidden repair risk.
How much does home insurance cost in Osaka?
For a normal Osaka apartment, annualized fire insurance plus optional earthquake insurance usually costs about ¥25,000 to ¥60,000 per year, or roughly $156 to $375 and €135 to €324.
The realistic annual insurance range in Osaka is about ¥15,000 to ¥35,000 for a small studio, or about $94 to $219 and €81 to €189, and ¥50,000 to ¥120,000 for a larger or higher-value apartment, or about $313 to $750 and €270 to €649.
Home insurance is usually optional for cash buyers in Osaka, but lenders normally require fire insurance when a mortgage is used, and earthquake insurance should be considered carefully in Japan.
Sources and methodology: we used General Insurance Rating Organization of Japan, MLIT condominium management guide, and our Osaka buyer cost checks.
We used market insurance ranges rather than a single quote because coverage choices change the premium.
We separated fire insurance from earthquake insurance because earthquake coverage is partial and priced differently.
Get the full checklist for your due diligence in Osaka
Don't repeat the same mistakes others have made before you. Make sure everything is in order before signing your sales contract.
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 we trust it | How we used it |
|---|---|---|
| Kinki REINS Monthly Report, June 2026 | It is the official regional resale transaction network used by real estate brokers. | We used it as the main hard-data anchor for Osaka City resale condominium prices. We focused on closed transactions, not asking prices. |
| Kinki REINS May 2026 digest PDF | It gives the actual May 2026 Osaka City condominium transaction table. | We used the Osaka City figures of about ¥764,300 per m² and ¥47.15m average resale price. We used the year-on-year movement to judge momentum. |
| Real Estate Economic Institute condominium reports | It is a standard private-sector source for Japan new condominium market data. | We used it for the new-build price benchmark. We compared new-build prices with resale prices to estimate the new-build premium. |
| REEI Kinki new condominium April 2026 report | It is the freshest Kinki new-build report available before June 2026. | We used its Kinki average price and price per square meter. We adjusted carefully because central Osaka towers can price above the Kinki average. |
| Osaka City land-price page | It publishes official Osaka City land-price survey and publication files. | We used it to check which Osaka wards have stronger land-price pressure. We used it to avoid relying only on portal listings. |
| Osaka Prefecture 2026 land-price publication | It is the prefectural release for official 2026 land prices. | We used it for Osaka-wide residential and commercial land-price direction. We used it to cross-check neighborhood price momentum. |
| MLIT 2026 land-price publication | MLIT is the national authority behind Japan's official land-price publication. | We used it as the national check on Osaka land values. We framed Osaka inside Japan's broader land-price cycle. |
| MLIT real estate price index | It is the official Japanese real estate price index series. | We used it to confirm the national strength of condominium prices. We used it as a macro check on Osaka resale strength. |
| Osaka City fixed asset and city planning tax page | It is the city's own explanation of annual property taxes. | We used it for the 1.4% fixed asset tax and 0.3% city planning tax rates. We converted assessed-value taxation into practical buyer estimates. |
| National Tax Agency stamp tax guidance | It is the official source for stamp duty on contracts. | We used it for purchase contract stamp duty. We included it in the Osaka closing-cost estimate. |
| Osaka Prefecture real estate acquisition tax guidance | It is the prefectural source for acquisition tax after purchase. | We used it for acquisition-tax treatment. We included acquisition tax as a delayed post-closing cash cost. |
| MLIT condominium statistics and management survey | It is the main official source on Japanese condominium management conditions. | We used it to estimate management fees and reserve fund behavior. We used it to explain why weak repair reserves are a major Osaka risk. |
| MLIT repair reserve fund guideline | It explains how long-term repair reserve planning should work in condominiums. | We used it to frame yearly maintenance costs. We highlighted why low monthly reserves can create future special assessments. |
| Statistics Bureau Family Income and Expenditure Survey | It is Japan's official household spending survey. | We used it to estimate monthly utilities for Osaka households. We adjusted the figure for apartment size and household count. |
| Bank of Japan daily foreign exchange rates | It is the official Bank of Japan page for daily exchange-rate reference data. | We used rounded June 2026 exchange assumptions for USD and EUR conversions. We kept foreign-currency values approximate because exchange rates move daily. |
| SUUMO Osaka resale apartment listings | It is one of Japan's largest residential property listing portals. | We used it to sanity-check live asking-price ranges by Osaka area and unit type. We did not treat listings as closed transaction prices. |
| LIFULL HOME'S Osaka resale apartment listings | It is a large Japanese housing portal with detailed area listings. | We used it to compare active Osaka listing ranges across wards. We used it only as a market check, not as the main price anchor. |
| At Home Osaka resale apartment listings | It is a long-established Japanese real estate listing network. | We used it to compare budget and mid-market Osaka apartment ranges. We used it to cross-check neighborhood examples and unit-size bands. |
Make a profitable investment in Osaka
Better information leads to better decisions. Save time and money. Download our data.
Related blog posts