Shibuya is a prime-tier Tokyo submarket with average asking rent around ¥45,000/tsubo/mo · ≈ $102 PSF/yr USD.

  • Average asking rent: ¥45,000/tsubo/mo · ≈ $102 PSF/yr USD.
  • Tier: prime.
  • Citywide Class A rent context: ¥50,000/tsubo/mo · ≈ $113 PSF/yr USD ($113 USD).
  • Citywide vacancy: 4.6% — submarket-level availability is typically tighter at prime tier.

Shibuya, Tokyo office rents and availability

Shibuya is a prime-tier Tokyo submarket with average asking rent around ¥45,000/tsubo">tsubo/mo · ≈ $102 PSF/yr USD.

TL;DR

  • Average asking rent: ¥45,000/tsubo/mo · ≈ $102 PSF/yr USD.
  • Tier: prime.
  • Citywide Class A rent context: ¥50,000/tsubo/mo · ≈ $113 PSF/yr USD ($113 USD).
  • Citywide vacancy: 4.6% — submarket-level availability is typically tighter at prime tier.

Where rent sits

Shibuya averages around ¥45,000/tsubo/mo · ≈ $102 PSF/yr USD for Class A, against a citywide Class A index of 50000. As a prime submarket, rent runs at or above city average with mostly tight availability.

Availability dynamics

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Key facts

cityTokyo
submarketShibuya
tierprime
averageRentLocal¥45,000/tsubo/mo · ≈ $102 PSF/yr USD
cityClassARentUsd$113/sqft/yr
cityVacancyPct4.6%

Frequently asked questions

What is the average Class A rent in Shibuya, Tokyo?
Around ¥45,000/tsubo/mo · ≈ $102 PSF/yr USD. The citywide Class A index sits at ¥50,000/tsubo/mo · ≈ $113 PSF/yr USD.

Related

Editorial provenance

Reviewed by Kenji Watanabe — APAC contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.

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