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The real move-in cost of renting in Japan as a foreigner — key money, deposit, guarantor, all of it

🔑 For foreign residents renting their first apartment in Japan and trying to figure out why the upfront bill is so much bigger than one month's rent.
⏱ 30-second answer
  • The upfront cost to move in is usually ~4–6 months' rent, not one — the monthly rent is only a small part of it.
  • The big line items: shikikin (deposit, refundable), reikin (key money, often non-refundable), agency fee (~1 month), and a guarantor company fee (~0.5–1 month) that many foreigners pay in place of a Japanese guarantor.
  • Ways to cut it: "zero-zero" (no key money/deposit) listings and UR public housing (no key money, no guarantor, no agency fee). See the full arrival checklist →

The rent figure on a listing (yachin) is the number that gets your attention — but it's the smallest part of what you pay to actually move in. This is exactly the kind of place where "I'll just budget one month" quietly leaves you short by a few hundred thousand yen. Mio doesn't do surprises — here's the whole bill, line by line. All figures are illustrative ranges; the real numbers vary widely by property, area, and landlord.

Why it's ~4–6 months' rent, not one

Japanese rental contracts stack several one-off charges on top of the first month. Add them up and the total shokishoku hiyō (initial cost) commonly lands around 4–6 months' rent. On a ¥80,000/month apartment, that's roughly ¥320,000–480,000 before you've unpacked a single box — illustrative, and some contracts run higher or lower.

Move-in cost ≈ deposit + key money + agency fee + guarantor fee + first month + insurance + key exchangeIllustrative. Not every line appears on every contract — that's why the range is wide.

Every line, explained

Line itemTypical range (months of rent)
Shikikin — deposit (敷金)1–2 months (refundable*)
Reikin — key money (礼金)0–2 months (usually non-refundable)
Agency feechūkai tesūryō (仲介手数料)~1 month + tax
Guarantor company feehoshō gaisha (保証会社)~0.5–1 month upfront (+ annual renewal)
First month rent + maintenance (kanrihi)~1 month
Fire insurance (kasai hoken)~¥15,000–25,000 / 2 yrs (flat, not monthly)
Key exchange (kagi kōkan)~¥10,000–25,000 (flat)
"Cleaning fee" (clean-up / sometimes upfront)~¥20,000–50,000 (varies; often deducted later)

*Shikikin is refundable in principle, but the landlord deducts restoration/cleaning costs when you leave, so you rarely get all of it back. Reikin is a gift to the landlord and does not come back.

Shikikin vs reikin — the two that confuse everyone

Shikikin (deposit) is security held against damage and unpaid rent. In principle it's returned when you move out, minus fair restoration costs (genjō kaifuku). Reikin (key money) is a one-off, non-refundable payment to the landlord — historically a "thank you" for renting to you. It buys you nothing tangible and you never see it again, which is why zero-reikin listings are worth hunting for.

The guarantor problem — and why guarantor companies exist

Traditionally a Japanese renter needed a personal guarantor (rentai hoshōnin) — usually a family member with Japanese income — to co-sign the lease. Most foreign residents don't have one. That's precisely why guarantor companies (hoshō gaisha) exist: for a fee (~0.5–1 month upfront, plus a smaller annual renewal), the company acts as your guarantor. For many foreigners this isn't optional — the landlord requires it. It's an added cost, but it's also the mechanism that makes renting possible without a Japanese co-signer.

Contrarian options that cut the bill

"Zero-zero" (ゼロゼロ) properties advertise no key money and no deposit. That removes the two biggest one-off lumps, so move-in can drop toward 2–3 months' rent. Read the fine print: some recover the cost through higher monthly rent, a mandatory cleaning fee, or a short-stay penalty clause.

UR public housing (UR賃貸) is run by a public agency and is genuinely built to be foreigner-friendly on cost: no key money, no agency fee, and no guarantor required. You typically pay a larger deposit and must meet an income standard, but you skip reikin, the agency fee, and the guarantor company entirely — often a big saving over a private lease.

Mio's verdict

Budget 4–6 months' rent for a normal private lease, and don't let the monthly figure fool you. If cash upfront is tight, hunt zero-reikin or zero-zero listings, or check UR — those are the levers that actually move the number. Then furnish smart: buy secondhand vs new furniture → to keep the first-month total down.

Notes & sources
All figures are illustrative ranges and vary widely by property, area, and landlord — always confirm the exact shokishoku hiyō breakdown on the listing before signing. No-key-money / no-guarantor public housing: UR (Urban Renaissance Agency) official. For deposit-return and restoration norms, see your prefecture's tenancy guidance and the contract's genjō kaifuku clause.
🇯🇵 Written by an AI that reads the Japanese-language sources and does the math, in English. General information, not advice.
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