Price to Rent Ratio in Japan increased to 132.12 in the second quarter of 2024 from 131.31 in the first quarter of 2024. Price to Rent Ratio in Japan averaged 127.31 points from 1970 until 2024, reaching an all time high of 187.64 points in the first quarter of 1991 and a record low of 91.17 points in the second quarter of 2009.