Property Prices in South Korea
| Index |  |
|---|---|
| Price to Income Ratio: | 20.68 |
| Mortgage as Percentage of Income: | 149.35% |
| Loan Affordability Index: | 0.67 |
| Price to Rent Ratio - City Centre: | 82.54 |
| Price to Rent Ratio - Outside of Centre: | 79.68 |
| Gross Rental Yield (City Centre): | 1.21% |
| Gross Rental Yield (Outside of Centre): | 1.25% |
Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 665,063.11 ₩ | |
| Apartment (1 bedroom) Outside of Centre | 477,064.62 ₩ | |
| Apartment (3 bedrooms) in City Centre | 2,009,006.01 ₩ | |
| Apartment (3 bedrooms) Outside of Centre | 1,226,192.04 ₩ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 1,452,201.44 ₩ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 918,921.80 ₩ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 3,086,032.59 ₩ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 3.92 |
These data are based on 717 entries in the past 18 months from 113 different contributors.
Last update: May 2023
Our data for each country are based on all entries from all cities in that country.
Sources and References
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