Ikea Is Renting Out A Tiny Apartment in Tokyo For Less Than $1 Per Month

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Ikea has gotten into the rental business.

The Swedish furniture company is offering an apartment in Tokyo for 99 yen per month. That's roughly $0.86 here in the U.S.

Despite the ridiculously low rent, the company says the unit comes fully furnished -- with Ikea products, naturally. However, the tenant who rents the pad might have to downsize a bit before moving it; according to the rental listing, the apartment measures 10 square meters -- just 100 square feet.

"One of the keys is to make good use of the vertical space," reads a description on Ikea's website. "By capturing the room three-dimensionally, new possibilities open up in a limited space."

Potential renters, who need to be at least 20 years old, can submit applications for the puny pad through Ikea's website through December 3rd, according to the company.

Would you be comfortable in a 100-square-foot apartment?

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