Property Prices in Incheon, South Korea

Index
Price to Income Ratio:	13.76
Mortgage as Percentage of Income:	98.98%
Loan Affordability Index:	1.01
Price to Rent Ratio - City Centre:	72.43
Price to Rent Ratio - Outside of Centre:	76.63
Gross Rental Yield (City Centre):	1.38%
Gross Rental Yield (Outside of Centre):	1.30%

Rent Per Month	[ Edit ]	Range
Apartment (1 bedroom) in City Centre	625,000.00 ₩	500,000.00-800,000.00
Apartment (1 bedroom) Outside of Centre	350,000.00 ₩	300,000.00-400,000.00
Apartment (3 bedrooms) in City Centre	1,325,000.00 ₩	1,200,000.00-1,500,000.00
Apartment (3 bedrooms) Outside of Centre	825,000.00 ₩	600,000.00-1,000,000.00
Buy Apartment Price	[ Edit ]
Price per Square Feet to Buy Apartment in City Centre	990,957.51 ₩	464,511.33-1,393,534.00
Price per Square Feet to Buy Apartment Outside of Centre	619,348.45 ₩	278,706.80-836,120.40
Salaries And Financing	[ Edit ]
Average Monthly Net Salary (After Tax)	3,149,166.67 ₩
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	3.88	2.60-4.10

These data are based on 43 entries in the past 18 months from 9 different contributors.
Last update: November 2020

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