Seoul average 1-bed rent: ₩1,150,000/mo Year-on-year rent increase: +4.5% Jeonse fraud concerns push renters to monthly rent Seoul wolse rents at record Gangnam demand remains strong Monthly rent (wolse) usually requires a large deposit; jeonse is deposit-only. Register your move-in (jeonip singo) and get a fixed date to protect your deposit. Seoul average 1-bed rent: ₩1,150,000/mo Year-on-year rent increase: +4.5% Jeonse fraud concerns push renters to monthly rent Seoul wolse rents at record Gangnam demand remains strong Monthly rent (wolse) usually requires a large deposit; jeonse is deposit-only. Register your move-in (jeonip singo) and get a fixed date to protect your deposit.
South Korea · Rent guide
Seoul Rent Index 2026
Average rent costs by neighbourhood, yearly rent increases and tenant rights in Seoul. The typical one-bedroom rent is ₩1,150,000 per month, up 4.5% year on year.
Average rent by neighbourhood
| Neighbourhood | 1 bedroom | 2 bedrooms | Yearly increase |
|---|---|---|---|
| Gangnam | ₩1,600,000 | ₩2,500,000 | +4% |
| Yongsan | ₩1,400,000 | ₩2,200,000 | +4.3% |
| Mapo | ₩1,150,000 | ₩1,700,000 | +4.8% |
| Nowon | ₩800,000 | ₩1,150,000 | +4.2% |
Indicative 2026 figures (per month, KRW). Compare with real tenant-reported rents on RentScore.
Tenant rights in Seoul
- Monthly rent (wolse) usually requires a large deposit; jeonse is deposit-only.
- Register your move-in (jeonip singo) and get a fixed date to protect your deposit.
- Renewal increases are capped at 5% under the Lease Protection Act.
- Tenants can request one 2-year renewal.
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