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Renting a Home in Japan: Deposit, Key Money, and a Guarantor

Renting in Japan is more than monthly rent. There are up-front costs you should understand before you sign.

Renting a Home in Japan: Deposit, Key Money, and a Guarantor
  • Besides rent, you usually pay a deposit (shikikin), key money (reikin), and an agent fee at the start.
  • Many places require a guarantor or a guarantor company.
  • Go see the room, ask carefully about every fee, and read the contract before signing.

Looking for a room

When you rent a room in Japan, you usually go to a real estate agency.

Many people search online first and then visit the office.

At the office you tell them your rent budget, the walking time from the station, the size of the room, and so on.

If you find a good room, I recommend going to see it in person.

This is called “naiken”, a room viewing.

At a viewing, check whether sunlight comes in, whether the water runs well, and whether it is noisy.

What you pay at the start

When you sign the contract, besides the monthly rent, it costs a lot of money.

First is “shikikin”, a deposit you leave with the landlord while you rent.

When you move out, the cost of cleaning and repairs is deducted and the rest is returned.

Next comes “reikin”, key money given to the landlord as thanks, which is not returned.

Rooms with no key money are gradually increasing.

There are also the fee paid to the agency and rent paid in advance.

In total it is often around four to six months of rent.

Guarantor and contract

When foreigners rent a room, they are sometimes asked for a guarantor.

A guarantor is the person who pays in your place when you cannot pay the rent.

If you have no one to ask, you can also use a guarantor company.

In that case you need to pay another fee to the company.

A contract has many difficult words, but be sure to ask about anything you do not understand before you stamp it.

The contract term is often about two years, and if you want to keep living there afterwards, you renew it.

Some rooms require a fee when you renew, so it gives peace of mind to confirm this at the start.

When you move out, you have to tell the landlord about a month in advance.

If you take photos of the room on the day you move in, you can avoid arguments when you leave.

Words in this article

家賃やちん
rent
敷金しききん
security deposit
礼金れいきん
key money
保証人ほしょうにん
guarantor
契約けいやく
contract
内見ないけん
room viewing
大家おおや
landlord
必要ひつよう
necessary