Rent Per Month | |
Range |
---|---|---|
Apartment (1 bedroom) in City Centre | 835,283.83 ₩ | |
Apartment (1 bedroom) Outside of Centre | 534,943.34 ₩ | |
Apartment (3 bedrooms) in City Centre | 2,247,088.84 ₩ | |
Apartment (3 bedrooms) Outside of Centre | 1,368,128.80 ₩ | |
Buy Apartment Price | |
|
Price per Square Feet to Buy Apartment in City Centre | 1,758,640.34 ₩ | |
Price per Square Feet to Buy Apartment Outside of Centre | 1,168,899.64 ₩ | |
Salaries And Financing | |
|
Average Monthly Net Salary (After Tax) | 3,174,533.53 ₩ | |
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 4.44 |
These data are based on 770 entries from 183 contributors over the past 18 months.
Last update: May 2025
Our data for each country are based on all entries from all cities in that country.
Rank |
City |
Price To Income Ratio |
Gross Rental Yield City Centre |
Gross Rental Yield Outside of Centre |
Price To Rent Ratio City Centre |
Price To Rent Ratio Outside Of City Centre |
Mortgage As A Percentage Of Income |
Affordability Index |
---|---|---|---|---|---|---|---|---|
Busan | 17.9 | 1.3 | 1.0 | 79.6 | 97.8 | 132.8 | 0.8 | |
Daejeon | 10.9 | 1.7 | 1.6 | 58.1 | 62.1 | 77.6 | 1.3 | |
Seoul | 27.7 | 1.2 | 1.2 | 84.2 | 85.8 | 212.6 | 0.5 |