Property Prices in Daegu, South Korea

Index Info
Price to Income Ratio: 14.29
Mortgage as Percentage of Income: 113.83%
Loan Affordability Index: 0.88
Price to Rent Ratio - City Centre: 74.22
Price to Rent Ratio - Outside of Centre: 89.34
Gross Rental Yield (City Centre): 1.35%
Gross Rental Yield (Outside of Centre): 1.12%
Rent Per Month
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1 Bedroom Apartment in City Centre ₩564,427.13 500,000.00-600,000.00
1 Bedroom Apartment Outside of City Centre ₩366,138.05 250,000.00-450,000.00
3 Bedroom Apartment in City Centre ₩1,416,784.05 1,000,000.00-2,900,000.00
3 Bedroom Apartment Outside of City Centre ₩835,264.00 600,000.00-1,214,584.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre ₩999,831.05 743,218.13-1,327,252.35
Price per Square Feet to Buy Apartment Outside of Centre ₩742,845.84 464,511.33-1,021,180.34
Salaries And Financing
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Average Monthly Net Salary (After Tax) ₩3,280,890.24
Annual Mortgage Interest Rate (20-Year Fixed, in %) 5.07 4.60-5.60

These data are based on 45 entries from 8 contributors over the past 18 months.
Last update: 9 June 2026

Sources and References
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