Seoul is where more people dream of visiting. The city has continually respected tradition and a mix of modernity, where both coexist. Unsurprisingly, more expats and students dream of living here, where you can find centuries-old palaces and futuristic skyscrapers. One big question that often comes up from these people is, is renting in Seoul Korea (韩国 首尔 租房) affordable?
Is renting a home to stay in Seoul affordable?
If you have enough money, you can check in at a 5-star hotel or any luxury hotel around the city. The rental will depend on your lifestyle and where you want to live.
Renting in Seoul ranges from budget-friendly to a bit expensive, depending on the following:
- Housing type. You will see different types of housing that you can prefer to rent, from expensive hotels to cost-effective services. Some small dorm-like rooms are ready to stay, perfect for students or solo renters. A one-room serviced apartment represents a studio-style with a kitchen and bathroom. Apartments are larger spaces for shared living or family renters.
- Location. You can see accommodations in the central areas, such as:
- Gangnam
- Itaewon
- Hongdae
Suburban districts or outskirts offer cheaper options.
Yes, Seoul can be affordable when choosing the right area and the housing type. Young professionals and students find budget options suitable to their means.
Perks of renting in Seoul, South Korea
Even renting costs higher in some areas, living in Seoul has offered more perks that make it worth the cost.
An efficient public transportation
Seoul’s subway system is truly a world-class system because it is clean and punctual, as well as cheap. You may live farther from the center and easily commute anywhere. The monthly transportation costs are lower.
Safety
Seoul is a safe city where anyone can walk late at night. It is common that people leave their phones or laptops unattended at cafes without losing anything.
Convenience
The unmanned cafes to 24/7 convenience stores, including the delivery apps, makes living in Seoul efficient. You can order anytime and have it delivered to your doors in minutes.
Speedy internet and tech
South Korea has the fastest internet speeds, making it convenient when you worked remotely. More renters are business travelers who look for a remote-friendly workspace with a fast internet connection. Renting a capable home for a workspace is available in Seoul.
Culture and entertainment
Living in Seoul gives you access to rich cultural experiences, such as:
- K-pop concerts
- trendy cafes
- traditional palaces
- street markets
There is something for every renter’s taste.
Expat and community support
Seoul has large international community and neighborhoods, such as:
- Itaewon
- Seongbuk-dong
You can easily find English-speaking services and expat-friendly businesses, so it is not difficult to adjust to the community.
Conclusion
You can find affordable homes to rent in Seoul, if you are flexible with the style and location. Safety makes it easy for people to choose a home they feel safe in. Renting a house in Seoul is a rewarding experience, especially when moving or reassigned to the city for work.
