🇰🇷 South Korea · Housing
Renting and buying property in South Korea — typical rents, deposits, contracts, and official tenancy rules.
Housing in Korea features the distinctive jeonse (large deposit) and wolse (monthly rent) systems; the Ministry of Land oversees housing policy.
- Rentals use jeonse (lump-sum deposit) or wolse (deposit plus monthly rent).
- Foreigners can rent and buy, with registration formalities.
- The Ministry of Land, Infrastructure and Transport oversees housing.
Official authorities
- Ministry of Land, Infrastructure and Transport
Housing and land policy.
Official-information aggregation, not legal advice. Always verify on the authority's own site.
Typical rents by city
| Cities | 1-bedroom rent |
|---|---|
| Seoul | ₩900,000–1,700,000/mo (center); ₩600,000–950,000/mo (outer) |
| Busan | ₩810,000–1,350,000/mo (centre); ₩600,000–950,000/mo (outer) |
| Incheon | ₩740,000–1,280,000/mo (centre); ₩550,000–900,000/mo (outer) |
| Daegu | ₩675,000–1,150,000/mo (centre); ₩500,000–850,000/mo (outer) |
| Daejeon | ₩675,000–1,150,000/mo (centre); ₩500,000–850,000/mo (outer) |
| Gwangju | ₩600,000–1,080,000/mo (centre); ₩450,000–800,000/mo (outer) |
| Suwon | ₩740,000–1,280,000/mo (centre); ₩550,000–900,000/mo (outer) |
| Ulsan | ₩740,000–1,280,000/mo (centre); ₩550,000–900,000/mo (outer) |
| Jeju | ₩740,000–1,280,000/mo (centre); ₩550,000–900,000/mo (outer) |
Government portals
- Government of Korea — Korea's integrated government portal — policy, administrative services, e-government
- Korea Immigration Service (HiKorea) — Visas, residence status changes, work permits, and alien registration in Korea
- National Tax Service (NTS) — Korean income tax, corporate tax, VAT filing; annual comprehensive tax return for foreigners (May); foreign taxpayer incentive lookup