Shinagawa is a prime-tier Tokyo submarket with average asking rent around ¥38,000/tsubo/mo · ≈ $85.9 PSF/yr USD.

  • Average asking rent: ¥38,000/tsubo/mo · ≈ $85.9 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.

Shinagawa, Tokyo office rents and availability

Shinagawa is a prime-tier Tokyo submarket with average asking rent around ¥38,000/tsubo">tsubo/mo · ≈ $85.9 PSF/yr USD.

TL;DR

  • Average asking rent: ¥38,000/tsubo/mo · ≈ $85.9 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

Shinagawa averages around ¥38,000/tsubo/mo · ≈ $85.9 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

Shinkansen-linked HQ corridor south of central Tokyo. Tech, telecom, pharmaceutical, manufacturer HQs.

Key facts

cityTokyo
submarketShinagawa
tierprime
averageRentLocal¥38,000/tsubo/mo · ≈ $85.9 PSF/yr USD
cityClassARentUsd$113/sqft/yr
cityVacancyPct4.6%

Frequently asked questions

What is the average Class A rent in Shinagawa, Tokyo?
Around ¥38,000/tsubo/mo · ≈ $85.9 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.

Primary sources for this page

Full sources index · Submit a correction

Related topics