Furnished HalfKey living room in Tokyo

Keep the rental income. Hand over the day-to-day.

Already running a furnished rental in Tokyo? HalfKey leases your home and handles the residents, bookings and upkeep. You receive rent every month, occupied or not.

Get my rent estimate

Get an estimate before deciding whether to switch.

Common questions ↓

The arrangement

HalfKey becomes your tenant

With a traditional rental, the resident rents from you and the resident risk sits with you. With HalfKey, you lease the home to us and we handle the residents.

The usual way

The resident rents from you. An agent or manager may help, but the resident risk still sits with you.

You
¥ rent
¥ fees
Resident
Agent / Manager
finds & supports

Resident risk sits with you

With HalfKey

HalfKey rents the home from you, pays you every month and handles the residents. The resident risk sits with us.

You
one lease ¥ rent, every month

Handled by HalfKey

HalfKey
rents to & supports
Residents

Resident risk sits with us

You never pay us. We pay you.

Income and your time

What you keep. What you hand over.

Compare your income after vacancy and running costs, then consider the work each option leaves with you. These are illustrative monthly averages, not a forecast for your home.

Your furnished monthly rental

The advertised monthly rent ¥270,000

What a resident pays in an occupied month

Vacancy −¥45,000

Based on 10 months occupied each year

Management, if outsourced −¥18,000

8% of collected rent; ¥0 if you manage it yourself

Utilities and internet −¥20,000

Included in the resident’s monthly rent

Furniture and routine upkeep −¥7,000

An allowance for wear, replacements and refreshes

You lease it to HalfKey

Illustrative lease rent ¥200,000

Example only. Get an estimate for your own home.

Vacancy Your rent stays the same
Management fees No management fee
Utilities and internet Paid by HalfKey
Furniture and routine upkeep Handled by HalfKey

If you manage it yourself

¥198,000

monthly average, before valuing your time

With an 8% manager

¥180,000

monthly average, after the management fee

What reaches you

¥200,000

per month under this example lease

The daily rental work moves to us

We handle the residents, bookings, cleaning and routine upkeep.

What is your time worth?

When you manage it yourself, you handle resident messages, bookings, cleaning coordination and upkeep. A manager’s scope varies. HalfKey takes on the day-to-day rental work.

Example assumes ¥270,000 rent for 10 occupied months a year, with vacancy and costs averaged over 12 months. HalfKey’s ¥200,000 is illustrative, not an offer. Property tax, building fees and major repairs are excluded from both sides; no value is assigned to your time. Rent pauses during any agreed personal-use period.

Who lives in your home

Every resident, carefully selected

Your residents

  • Working professionals

    Relocating to Tokyo for a new role

  • People on corporate assignments

    Sent to Tokyo by their employer

  • Visiting researchers

    Working at Tokyo’s universities and institutes

  • Long-stay professionals

    Living and working in Tokyo for several months or longer

30 days or longer
No nightly stays and no anonymous bookings. A furnished residential lease, not minpaku or a hotel.
Identity verified
Every resident completes a government ID check before move-in.
A named agreement for every stay
Each stay is documented with HalfKey, under the resident’s own name.
Building rules carry through
Residents follow the property's management and use rules.
Residents contact us, not you
Questions, incidents, and everyday needs come to our team.

Property care

How we care for your home

Professional turnover cleaning before each move‑in, followed by regular care throughout every stay.

  • Monthly cleaning

    Cleaning is arranged once a month during every stay, keeping us regularly involved and helping us notice changes in the home's condition early.

  • Maintenance and resident-caused damage

    Residents contact HalfKey directly. We arrange day-to-day maintenance and take responsibility for damage caused by our residents.

  • Two layers of insurance

    HalfKey maintains business cover for the home, and separate tenant home insurance is arranged for every resident before move‑in.

  • Structural damage and major repairs

    We alert you promptly if we identify structural damage or a major repair, and coordinate the next steps with you.

The term

A lease built around your plans

Whether you need flexibility for the near future or certainty for several years, choose a lease term that suits you.

Lease starts

Home comes back

24 months of steady rent. One simple agreement.

Choose a shorter lease to keep your options open, or a longer one for more years of steady, hands-off rent.

Your month

Keep one month a year for yourself

If you’d like to stay in your home when you visit Tokyo, we can write one month of your own use each year into the lease. We agree the dates in advance and handle the calendar and handover. Rent simply pauses for the time you stay.

An illustrative twelve-month lease Your stay
1
2
3
4
5
6
7
8
9
10
11
12

Homes with HalfKey

Homes already leased to HalfKey

A few of the furnished homes owners have leased to us across Tokyo.

Furnished HalfKey home in Yotsuya

Yotsuya

Furnished HalfKey home in Nakameguro

Nakameguro

Furnished HalfKey home in Shirokane

Shirokane

Furnished HalfKey home in Chitose-Funabashi

Chitose-Funabashi

Get my rent estimate

  1. 1

    Tell us about the home

    Enter the address and a few details below. You get a rent range straight away and can book a visit from there.

  2. 2

    We visit

    We come see the home at a time that works for you.

  3. 3

    Receive our offer

    The rent, the lease length, and the start date, in writing.

  4. 4

    Sign the lease

    We set the start date for after your last guest checks out, so your current bookings finish as planned.

  5. 5

    Hand over the keys

    The furniture stays. We sign an inventory together and fill any gaps at our own cost. From then on we run the home, and the rent arrives every month.

Free rent estimate

See what HalfKey could pay you

Compare a rent estimate with what you keep today. No commitment to switch.

Step 1 of 3

Where is your home?

Start by entering the property address.

Takes about 1 minute No obligation

Different situation? Leaving Tokyo

Can't I make more running it myself?

You can. What matters is what you keep over a full year after vacancy and costs, and how much work it takes to earn it. With HalfKey, you receive predictable monthly rent while we handle the residents, bookings and upkeep. Get an estimate and see whether the income and the time you get back make the switch worthwhile.

What does it cost me?

Nothing. No fees, no commission, no setup charge. The rent we agree on is the amount that arrives, because the day-to-day costs move to us: utilities, wifi, cleaning, furniture, everyday repairs. Property tax and building fees stay yours, the same as with any way of renting out a home.

Is the rent the same every month?

Yes. The rent we agree goes into the lease and arrives every month for the whole term, whether the home is occupied or not. It doesn't go down, and nothing is taken out of it. To see what that number could be for your home, try the estimate above.

What about my current guests and bookings?

They finish exactly as planned. The lease begins once your last booking checks out, so nothing gets cancelled and nobody gets moved. Every yen of those final bookings is still yours.

What happens to my furniture?

Nothing. It stays, listed in an inventory we both sign. We use it, look after it, and replace worn pieces at our own cost. Damage by a resident is ours to fix too, and every lease requires us to carry liability insurance on the home. Anything you'd rather keep, set it aside before we start.

Who would live in my home?

Working professionals on assignment or relocating to Tokyo, screened before they move in. They sign with HalfKey, not with you, and they pay HalfKey, so a missed payment is our problem, not yours. There are no nightly stays.

How long do residents stay?

Months, not nights. Most residents stay three to six months, and some stay a full year. The home changes hands only a few times a year, and we handle every move-in and move-out ourselves, so you are never involved.

Can I see the home during the lease?

Yes. Whenever a resident has checked out, you can ask to see the home and we'll walk it together. It's written into the lease.

When do I get the home back?

On the date in the lease. You choose the length, one to five years, before signing. The home comes back professionally cleaned, aircon serviced at our cost, with your furniture checked against the inventory we signed on day one.

Do I need to be in Japan?

No. The lease, the visit, and the monthly payments all work with you abroad. If someone holds a key for you in Tokyo, that covers the visit.

Get my rent estimate

Free, about a minute, no commitment.