How much do you imagine the initial cost of living in a share house might be?
"One of the advantages of a share house is its affordable initial cost."
This statement gives the impression that it is more reasonable compared to a regular rental property. However, many people may not be aware of the specific cost items and the actual amount required.
Here, we compare the initial costs of share houses with regular rental properties and break down the specific cost items. Please take a look.
*Example of average initial costs when moving to Tokyo for the first time from the countryside, with a monthly rent of 60,000 yen
<For Regular Rentals>
Security Deposit | 60,000 yen | *Equivalent to 1-2 months' rent on average |
Key Money | 60,000 yen | *Equivalent to 1-2 months' rent on average |
Advance Rent | 60,000 yen | *Equivalent to 1 month's rent on average |
Agency Fee | 60,000 yen | *Equivalent to 1 month's rent on average |
Fire Insurance Fee | 15,000 yen | |
Key Replacement Fee | 15,000 yen | |
Total | 270,000 yen |
For regular rentals, initial costs typically amount to 4–6 times the monthly rent.
In addition to the above, there are other costs such as purchasing furniture and appliances (e.g., TV, bed) and setting up internet access. Altogether, these can bring the total to around 500,000 yen.
<For Share Houses>
Deposit | 30,000 yen |
Advance Rent | 60,000 yen |
Advance Utility Fee | 15,000 yen |
Total | 105,000 yen |
Initial costs for share houses are typically equivalent to 1–2 months' rent.
Many properties also offer promotions, such as half-price rent for the first month, further reducing initial costs.
Additionally, share houses often come fully furnished with appliances (and include internet access), eliminating the need for significant additional expenses beyond the rental agreement.
These are fees incurred at the time of contract signing or renewal. Similar to agency fees in regular rentals, they are paid as compensation for the operational company handling the contract procedures. Many operational companies do not charge administrative fees.
This constitutes the majority of the initial costs for share houses. Essentially, this is a deposit used for repairs or cleaning after moving out. The typical amount ranges from 20,000 yen to one month’s rent, and it may be refunded upon moving out. It is advisable to confirm the refund conditions when moving in. If enrollment in a guarantee company is mandatory, guarantee fees equivalent to half a month's to one month's rent will apply.
This is the cost of enrolling in fire insurance. For some properties, this may be included in the common service fees, meaning no additional costs will arise upon moving in.
This is the cost of enrolling in comprehensive residential insurance, which includes fire insurance. It is less common for share houses to require this type of insurance.
Similar to regular rentals, key replacement may be required after moving out of a share house. However, since many share houses use dial or touch-number locks, this fee is rarely charged.
This fee is charged for cleaning after moving out. The typical cost ranges from 10,000 to 30,000 yen.
*If the room has water facilities, the cost tends to be higher.
In some cases, campaigns offering discounted rates require tenants to stay for a minimum period. If you move out earlier than the stipulated minimum period, penalty fees will be charged. While not part of the initial costs, it is advisable to confirm these conditions together with the initial costs.
How was that? Compared to regular rentals, initial costs can be significantly reduced for share houses. Additionally, lesser-known benefits include reduced costs upon moving out.
In regular rentals, cleaning fees are often quite high, and moving costs can increase due to the need to hire movers for large amounts of belongings. Although zero deposit and key money rentals have become more common recently, you may still need to pay for cleaning and other costs later, resulting in substantial expenses just for moving out.
In contrast, share houses have no deposit or key money requirements, and cleaning fees are limited to personal rooms without water facilities, making them much cheaper. Additionally, fewer belongings mean reduced moving costs.
Reducing costs for both moving in and out is a significant advantage, not only for those moving out of their family home for the first time but also for short-term international students and business travelers.
Next, let’s look at the actual initial costs of a share house.
A social share house located in the Yamate area of Yokohama.
The extra-large lounge features hammocks and a bar counter. In addition to the lounge, there are shared facilities such as a karaoke room, beauty room, and fitness room, making it a luxurious property. At first glance, the initial cost might seem high, but...
<Room C102 Initial Cost Breakdown>
Deposit | 30,000 yen |
Fire Insurance | 10,000 yen |
Advance Rent | 54,000 yen |
Advance Utility Fee | 15,000 yen |
Total | 109,000 yen |
The total, including advance rent and other fees, is just over 100,000 yen.
Of course, since the property is furnished with appliances, there’s no need to purchase items like a TV or bed.
A property located within walking distance of Shinjuku Station.
As the name suggests, this property allows you to live with your dog. Generally, initial costs for dog-friendly regular rentals can reach 500,000 to 600,000 yen, but...
<Room E Initial Cost Breakdown ※Without Dog>
Deposit | 50,000 yen |
Fire Insurance | 10,000 yen |
Advance Rent | 70,000 yen |
Advance Utility Fee | 15,000 yen |
Total | 145,000 yen |
<Room E Initial Cost Breakdown ※With Dog>
Deposit | 50,000 yen |
Fire Insurance | 10,000 yen |
Security Deposit | 70,000 yen |
Advance Rent | 70,000 yen |
Advance Utility Fee | 18,000 yen |
Total | 218,000 yen |
In the case of living with a dog,
the initial costs can be less than half of what’s typically required for regular rentals.
A single-house share property furnished with vintage furniture.
The property has a great location, and the initial costs are...
<Room 1 Initial Cost Breakdown>
Administrative Fee | 15,000 yen |
Guarantee Company Fee | 21,900 yen |
Advance Rent | 61,000 yen |
Advance Utility Fee | 12,000 yen |
Total | 109,900 yen |
The total, including all costs, was also just over 100,000 yen.
However, this property requires an additional cleaning fee of 15,000 yen upon moving out, which must be prepared separately.
Compared to regular rentals, it seems that moving costs can be significantly reduced.
Please note that the above initial cost breakdown assumes moving in on the first of the month. For example, if moving in on the 15th, half a month's rent and utility fees for the current month, as well as a full month's rent and utility fees for the following month, may apply.
こんにちは、もときです。趣味は、Netflixオリジナルのドラマ鑑賞とジムとゴルフです。最近では、ハウスオブカードというアメリカ大統領にのし上がっていくドラマに夢中です。アメリカのセントルイスとシアトルに一年半留学していました。 Hello, I am Motoki. I like watching a drama in Netflix, workout and golf. Recently, I have been crazy about “House of Cards”. I was sydied abroad at St. Louis and Seattle for a year and a half.