Property Prices in Gwangju, South Korea

Index Info
Price to Income Ratio: 12.55
Mortgage as Percentage of Income: 88.15%
Loan Affordability Index: 1.13
Price to Rent Ratio - City Centre: 65.51
Price to Rent Ratio - Outside of Centre: 75.53
Gross Rental Yield (City Centre): 1.53%
Gross Rental Yield (Outside of Centre): 1.32%

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Rent Per Month
Edit Range
1 Bedroom Apartment in City Centre 675,000.00 ₩ 550,000.00-800,000.00
1 Bedroom Apartment Outside of City Centre 483,333.33 ₩ 400,000.00-600,000.00
3 Bedroom Apartment in City Centre 1,500,000.00 ₩
3 Bedroom Apartment Outside of City Centre 1,000,000.00 ₩
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 990,957.51 ₩ 464,511.33-1,858,045.34
Price per Square Feet to Buy Apartment Outside of Centre 789,669.27 ₩ 464,511.33-1,114,827.20
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,816,666.67 ₩
Annual Mortgage Interest Rate (20-Year Fixed, in %) 3.60 3.20-4.00

These data are based on 18 entries from 4 contributors over the past 18 months.
Last update: 9 August 2025

Sources and References
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