Shinjuku is a prime-tier Tokyo submarket with average asking rent around ¥40,000/tsubo/mo · ≈ $90.4 PSF/yr USD.
Shinjuku is a prime-tier Tokyo submarket with average asking rent around ¥40,000/tsubo">tsubo/mo · ≈ $90.4 PSF/yr USD.
Shinjuku averages around ¥40,000/tsubo/mo · ≈ $90.4 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.
Western HQ cluster around the world's busiest station. Insurance, telecom, professional services, regional HQs.
| city | Tokyo |
|---|---|
| submarket | Shinjuku |
| tier | prime |
| averageRentLocal | ¥40,000/tsubo/mo · ≈ $90.4 PSF/yr USD |
| cityClassARentUsd | $113/sqft/yr |
| cityVacancyPct | 4.6% |
Reviewed by Kenji Watanabe — APAC contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.