Price to Rent Ratio in Japan increased to 132.70 in the second quarter of 2024 from 131.38 in the first quarter of 2024. Price to Rent Ratio in Japan averaged 127.95 from 1970 until 2024, reaching an all time high of 190.92 in the first quarter of 1991 and a record low of 91.09 in the second quarter of 2009.