💡 What is Key Money?
Key money (礼金, reikin) is a non-refundable gratuity paid to the landlord when you move into a rental property in Japan. It’s essentially a gift — not a deposit — and you don’t get it back.
💴 Typical Amount
Usually 1–2 months of rent. For example, if your rent is ¥80,000 per month, key money could be ¥160,000 upfront.
📜 Why Does it Exist?
- 🧹 Gratitude for accepting you as a tenant
- 🏚️ Compensation for future vacancy risk
- 📈 Tradition dating back to post-war housing shortages
❌ Can You Avoid It?
Yes! Many modern rental agencies (like Simple Tokyo Rent) offer no key money listings. These are especially common for:
- New buildings
- Corporate-managed units
- Foreign-friendly landlords
🧮 What Other Fees Exist?
In addition to key money, you may see:
- 敷金 (shikikin) = Refundable deposit
- 仲介手数料 (chukai tesuryo) = Agent commission
- 保険料 = Fire insurance
- 保証会社利用料 = Guarantor company fee
🧭 Summary
Key money is part of Japan’s rental tradition, but it’s not mandatory. Let Simple Tokyo Rent help you avoid unnecessary costs and find a place you love ❤️