In August 2026, the median monthly rent on a new apartment lease was ₩1,000,000 in Seoul and ₩650,000 across Korea. Per m², with the deposit counted, Seoul new leases cost 0.4% more than in May 2026.
Per m², with the deposit counted, new-lease apartment rent rose most in Geumcheon-gu (+45.1%) and fell most in Yongsan-gu (-6.1%). A change can come from a different mix of homes that month, not only from prices.
Median new lease of any size. “Change” is the monthly cost per m², with the deposit counted, in August 2026 against May 2026, where both months had at least 50 new leases.
| District | New-lease rent | Deposit | Change since May | New jeonse | Jeonse as share of price |
|---|---|---|---|---|---|
| Yongsan-gu | ₩2,450,000 | ₩150m | -6.1% | ₩900m | 44% |
| Seocho-gu | ₩2,200,000 | ₩200m | +13.3% | ₩880m | 43% |
| Gangnam-gu | ₩1,800,000 | ₩300m | +6.5% | ₩850m | 41% |
| Songpa-gu | ₩1,600,000 | ₩300m | +7.2% | ₩850m | 44% |
| Mapo-gu | ₩1,500,000 | ₩100m | +6.1% | ₩750m | 46% |
| Jung-gu | ₩1,450,000 | ₩50m | +10.9% | ₩640m | 60% |
| Jongno-gu | ₩1,230,000 | ₩20m | +30.7% | ₩800m | 53% |
| Dongjak-gu | ₩1,200,000 | ₩200m | -1.6% | ₩700m | 47% |
| Seodaemun-gu | ₩1,200,000 | ₩100m | -1.0% | ₩650m | 55% |
| Seongbuk-gu | ₩1,200,000 | ₩200m | +6.9% | ₩605m | 62% |
| Yangcheon-gu | ₩1,080,000 | ₩265m | -2.7% | ₩555m | 53% |
| Yeongdeungpo-gu | ₩1,000,000 | ₩100m | +6.8% | ₩650m | 51% |
| Gangbuk-gu | ₩975,000 | ₩25m | +8.3% | ₩455m | 68% |
| Gangdong-gu | ₩950,000 | ₩150m | +1.4% | ₩700m | 51% |
| Gwangjin-gu | ₩905,000 | ₩115m | +3.0% | ₩730m | 47% |
| Nowon-gu | ₩900,000 | ₩30m | +9.1% | ₩340m | 61% |
| Dobong-gu | ₩850,000 | ₩30m | +6.7% | ₩400m | 69% |
| Dongdaemun-gu | ₩840,000 | ₩96m | +2.0% | ₩660m | 57% |
| Eunpyeong-gu | ₩800,000 | ₩112m | -2.1% | ₩510m | 61% |
| Gwanak-gu | ₩720,000 | ₩100m | +3.1% | ₩535m | 64% |
| Seongdong-gu | ₩710,000 | ₩80m | +3.2% | ₩780m | 40% |
| Gangseo-gu | ₩650,000 | ₩93m | -5.9% | ₩500m | 55% |
| Jungnang-gu | ₩550,000 | ₩154m | +11.6% | ₩446m | 63% |
| Geumcheon-gu | ₩520,000 | ₩70m | +45.1% | ₩405m | 64% |
| Guro-gu | ₩500,000 | ₩48m | +28.4% | ₩450m | 59% |
| Region | New-lease rent | Deposit | Change since May | New jeonse | Jeonse as share of price |
|---|---|---|---|---|---|
| Seoul | ₩1,000,000 | ₩100m | +0.4% | ₩630m | 54% |
| Sejong | ₩900,000 | ₩20m | +2.8% | ₩261m | 51% |
| Incheon | ₩750,000 | ₩30m | +1.5% | ₩300m | 74% |
| Gyeonggi | ₩750,000 | ₩30m | +2.4% | ₩330m | 72% |
| Daegu | ₩700,000 | ₩20m | +3.0% | ₩260m | 71% |
| Busan | ₩550,000 | ₩20m | +0.5% | ₩240m | 74% |
| Daejeon | ₩550,000 | ₩20m | +2.7% | ₩270m | 76% |
| Gangwon | ₩550,000 | ₩10m | +4.9% | ₩180m | 81% |
| Ulsan | ₩500,000 | ₩20m | +3.7% | ₩277m | 78% |
| North Chungcheong | ₩500,000 | ₩10m | +3.0% | ₩180m | 85% |
| South Chungcheong | ₩500,000 | ₩10m | -3.2% | ₩190m | 82% |
| North Gyeongsang | ₩500,000 | ₩13m | +3.0% | ₩190m | 82% |
| Jeju | ₩500,000 | ₩5m | -5.1% | ₩245m | 70% |
| Jeonnam-Gwangju | ₩450,000 | ₩15m | +3.3% | ₩210m | 80% |
| South Gyeongsang | ₩450,000 | ₩20m | -4.4% | ₩200m | 83% |
| Jeonbuk | ₩440,000 | ₩20m | -4.9% | ₩188m | 83% |
Reported contracts from the Ministry of Land, Infrastructure and Transport (국토교통부). Rent figures are new apartment leases: renewals and likely public rentals are left out. “Jeonse as share of price” compares new jeonse deposits with sale prices per m² in the same buildings over the 3 months to August 2026.
The newest month here is the last one with at least 30 days of reports after it ended. These are past contracts, not homes on the market.
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