The search for a Tokyo apartment is often hindered by high initial costs, primarily the non-refundable Key Money (Reikin). Arealty is your trusted solution, offering a smooth, transparent, and stress-free process for international residents. This guide showcases six outstanding No Key Money Apartments on Arealty ranging from budget-friendly studios to high-end luxury, demonstrating that affordability and quality coexist in Tokyo.
I. Budget Champions: The Zero-Zero Strategy (50,000–100,000 JPY/Month)
This category focuses on minimizing both monthly rent and initial outlay, often utilizing the Zero-Deposit (Shikikin Zero) and Zero-Key Money (Reikin Zero) advantage.
1. Belle Sweet Edogawa – 0 (Edogawa-ku): The Zero-Zero Winner
Belle Sweet Edogawa is the ultimate choice for students or budget-conscious singles whose priority is minimizing the upfront cash required to move. It is the clearest example of a No Key Money Apartments on Arealty that eliminates both Key Money and Deposit.
Cost & Budget Profile
This unit boasts the lowest monthly total fee and the absolute lowest initial move-in cost on our list. This is achieved through the Zero-Zero policy, which eliminates the two most expensive upfront fees. The move-in cost is just under 4 months’ total fee, representing a massive saving.
- Total Monthly Fee: ¥75,000 (Rent: ¥72,000 + Maintenance: ¥3,000).
- Estimated Initial Cost: ¥293,200 – ¥293,800 (Lowest Initial Cost).
- Key Fees Waived: Deposit: ¥0, Key Money: ¥0.
Location & Layout
Located in the residential Edogawa-ku, this area offers a quiet, local living experience away from the central hustle, reflected in the low price. The 1R layout is functional for a single occupant.
- Location: Edogawa-ku (Residential, cost-effective Eastern Ward).
- Layout & Size: 1R (Studio) at 18.95m2.
Pros & Cons
- Pros: Extremely low initial cost (Zero-Zero). Very low monthly rent. Relatively new building (2017).
- Cons: 1R (Studio) layout means no separate kitchen barrier. Located in an outlying ward (longer commute time and cost). Very small room size.
Key Amenities & Transport
Features cover the basics needed for comfortable Tokyo living.
- Noteworthy Features: Separate Toilet/Bath, Aircon, Credit Card Accepted for payments.

2. CASA LUCE – 303 (Koto-ku): The Separated-Kitchen Value
Casa luce is ideal for singles who are budget-conscious but require a separate kitchen space to prevent cooking odors from entering the main room. Located in Koto-ku, it offers a better balance between price and access to central areas like Shinjuku and Tokyo Station compared to Edogawa.
Cost & Budget Profile
The monthly fee remains budget-friendly while providing a better layout than a typical 1R. The initial cost is kept competitive through cost-saving features.
- Total Monthly Fee: ¥101,000.
- Estimated Initial Cost: ¥394,700.
- Key Fee Status: Not explicitly listed as Zero-Zero, but the low estimated initial cost (less than 4 months’ rent) strongly indicates minimal or No Key Money.
Location & Layout
The 1K layout is a significant functional upgrade from a studio, making this an attractive entry-level Tokyo apartment. Koto-ku is a developing area with excellent access to the JR Sobu Line.
- Location: Koto-ku (Mid-range residential area with good city access).
- Layout & Size: 1K at 18.48m2.
Pros & Cons
- Pros: 1K layout provides a separate kitchen area. More convenient location than Edogawa. Low initial cost (under 4 months’ rent).
- Cons: Room size is still very small. Lacks premium amenities (features a Unit Bath).
Key Amenities & Transport
The proximity to the JR Chūō-Sōbu Line provides excellent city-wide connectivity.
- Transportation: 6-minute walk to Kameido Station.
- Noteworthy Features: Separate Toilet/Bath (Unit Bath), Auto Lock, Balcony, Credit Card Accepted.

II. Mid-Range Efficiency: Layout and Location Balance (100,000–200,000 JPY/Month)
This tier is for professionals or young couples seeking better layouts (1LDK), premium amenities, and closer proximity to central wards, while still avoiding excessive initial fees.
3. Velt Yushima – 603 (Bunkyo-ku): The Central Ward Compromise
Securing an apartment in Bunkyo-ku—a highly central and prestigious ward known for its universities and safety—at this price point is a strategic win. Velt Yushima is perfect for those prioritizing a minimal commute.
Cost & Budget Profile
While the monthly rent is higher, it is extremely competitive for a central location like Bunkyo. The low initial cost for a central ward property (approximately 3.6 months’ fee) suggests a commitment to affordable entry, likely featuring No Key Money.
- Total Monthly Fee: ¥124,000.
- Estimated Initial Cost: ¥451,700 – ¥451,700.
Location & Layout
Its location near major subway lines makes the daily commute exceptionally efficient. The studio layout is the necessary trade-off for the prime address.
- Location: Bunkyo-ku (Prestigious, central, quiet ward).
- Layout & Size: Studio at 21.58m2.
Pros & Cons
- Pros: Excellent central location (Bunkyo-ku) with a competitive monthly price. Extremely close to the station (4-minute walk). Ideal for minimizing commute time.
- Cons: Studio layout (no kitchen barrier). Higher monthly rent compared to similar sizes in outer wards.
Key Amenities & Transport
Features include a Separate Toilet and Full Kitchen—a high-value combination in a small central apartment.
- Noteworthy Features: Elevator, Auto-Lock, Separate Toilet, Full Kitchen.

4. AR Mukojima – 801 (Sumida-ku): The Couple’s Affordable LDK
AR mukojima caters to couples or residents who need dedicated living and sleeping space without paying the Minato or Shibuya premium. Sumida-ku offers a great balance of riverside living and convenient access.
Cost & Budget Profile
This apartment provides a full 1LDK layout (separate living/dining/kitchen and bedroom) at a cost significantly lower than in the inner wards. The Initial Cost is manageable for a spacious unit of this caliber (approx. 3.3 months’ fee), thanks to the likely No Key Money contract.
- Total Monthly Fee: ¥189,000.
- Estimated Initial Cost: ¥630,100 – ¥630,100.
Location & Layout
The 1LDK layout is highly functional, and the 43.15m2 size is excellent for a one-bedroom in Tokyo.
- Location: Sumida-ku (Convenient Eastern Ward with growing infrastructure).
- Layout & Size: 1LDK at 43.15m2.
Pros & Cons
- Pros: Spacious 1LDK layout, ideal for couples or those needing a separate workspace. Very reasonable initial cost for an LDK (approx. 3.3 months).
- Cons: Higher monthly rent than Studio/1K options. Still located in the Eastern wards, further from major entertainment centers like Shibuya.
Key Amenities & Transport
Features include a balcony and a system kitchen, enhancing the quality of daily life.
- Transportation: 8-minute walk to Hikifune Station (Tōbu Lines).
- Noteworthy Features: Auto-Lock, Delivery Box, Separate Toilet/Bath, Balcony.

III. Luxury & High-End Living (Over 500,000 JPY/Month)
Even in the luxury segment, Arealty ensures fee transparency, allowing you to budget precisely for prime locations where Key Money often remains standard.
5. Jingumae 5-chome Blanche (Shibuya-ku): The Designer Residence
This apartment is strictly for high-income tenants who demand a prestigious Shibuya-ku address and superior amenities. It exemplifies top-tier Tokyo living in a prime, central location near Omotesando.
Cost & Budget Profile
While not a low-cost option, the total monthly fee is justified by the prime location, size, and luxury features. Note the high estimated initial cost reflects traditional fees often applied to luxury units.
- Total Monthly Fee: ¥520,000.
- Estimated Initial Cost: ¥2,610,000 – ¥2,610,000.
Location & Layout
The location in Jingumae is unbeatable. The spacious 2LDK layout at 77m2 is a rarity for this fashionable central ward.
- Location: Shibuya-ku (High-end, central, fashion hub).
- Layout & Size: 2LDK at 77m2.
Pros & Cons
- Pros: Unbeatable prime location (near Omotesando). Large size (77m2). Top-tier amenities (underfloor heating, dishwasher).
- Cons: Extremely high initial cost (over 5 months’ rent) due to location and luxury status. Very expensive monthly rent.
Key Amenities & Transport
This unit offers comprehensive luxury features, including both Underfloor Heating and a Dishwasher, which are highly sought-after.
- Transportation: 6-minute walk to Omotesando Station.
- Noteworthy Features: Underfloor Heating, Dishwasher, Oven, System Kitchen, Auto-Lock.

6. Grand Story Nishi-Azabu (Minato-ku): The Executive Address
Located in Minato-ku, the heart of Tokyo’s business and diplomatic district, this property defines executive-level comfort. It is tailored for high-level expatriates prioritizing size and prestige.
Cost & Budget Profile
This is the highest-priced unit on our list, reflecting the premium of a Nishi-Azabu location and the large size.
- Total Monthly Fee: ¥620,000.
- Estimated Initial Cost: ¥1,634,200 – ¥1,634,200.
Location & Layout
The 80.89m2 2LDK offers substantial living space. The proximity to Omotesando and Roppongi makes this a superb choice for socializing and business.
- Location: Minato-ku (Premier, executive ward).
- Layout & Size: 2LDK at 80.89m2.
Pros & Cons
- Pros: Most prestigious location (Nishi-Azabu, Minato-ku). Largest size among the 2LDKs listed. Close to major business and entertainment hubs.
- Cons: Highest monthly rent overall. Very high initial cost. Slightly longer walk to the nearest station (10 minutes).
Key Amenities & Transport
The unit features all modern conveniences expected in a high-rise executive building.
- Transportation: 10-minute walk to Omotesando Station.
- Noteworthy Features: Elevator, Auto-Lock, Delivery Box, Bicycle/Motorcycle Parking.

IV. The A-REALTY Advantage: Your Path to Low Initial Costs
AREALTY is changing the game for apartment hunting in Japan, moving away from opaque traditional rental practices that often leave tenants financially stressed. We understand the unique needs and challenges faced by foreigners seeking apartments for rent in Tokyo Japan.
Choosing to search with AREALTY means partnering with experts dedicated to your smooth transition:
- Foreigner-Friendly Properties: We actively secure listings with minimal upfront fees, focusing heavily on No Key Money Apartments on Arealty and Zero-Deposit options.
- Multilingual Support & Local Expertise: Our team provides comprehensive, clear support in English, offering specific tips for finding budget-friendly options that local knowledge unlocks.
- Transparent & Comprehensive Assistance: We ensure absolute clarity in every transaction, explaining all fees and contract terms upfront regarding your rent in Tokyo.
V. Final Thoughts: Secure Your Home with Arealty
The diverse options listed here prove that finding a quality apartment in Tokyo with low initial costs is entirely possible. By focusing your search on No Key Money Apartments on Arealty, you gain the power to choose an ideal location—be it the affordability of Edogawa-ku or the central prestige of Bunkyo-ku—without the financial stress of traditional Japanese rental practices. Don’t let high initial fees stop your move. Our AREALTY agents specialize in finding affordable rentals with low initial costs.
Stop scrolling and start saving! Contact Arealty today to access our exclusive database of No Key Money Apartments on Arealty and secure your dream home with the lowest initial cost!
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