How much is house rent in korea?

Money exchange

1 milwon = 1,000,000 won(KRW) = 1,200 USD
10 milwon = 10,000,000 won = 12,000 USD
100 milwon = 100,000,000 won= 120,000 USD

House price in Korea (in sinchon, Seoul, Korea)

1. Apartment(about 100m2, 3 rooms)

buy price : 600~800 milwon

rent price : 50~200mil won key deposit / 1.50~3 milwon monthly

2. Da Ga-Gu Ju-Taek, Yeon-Lip Ju-Taek(about 100m2, 3 rooms)

buy price : 300~600 milwon


rent price : 50~100 milwon key deposit / 1~2 milwon monthly

3. Officetel(about 30m2, 1room)

buy price : 150~300 milwon


rent price : 10~20 milwon key deposit / 1~1.5 milwon monthly

4. Oneroom

buy price : usally, can not but only oneroom.


rent price : 10 milwon key deposit / 0.6~1 milwon monthly

For Gangnam-gu area is high price in Seoul

It is about 1.5~2 times more then sinchon price.