Introduction

Short-term rentals in Seoul are a practical and flexible housing option for expats, students, tourists, and business travelers who need temporary accommodation in South Korea’s capital. Prices and availability vary widely depending on location, property type, and length of stay, making it important to understand the market before booking.

This guide covers typical rental prices, the best locations, and essential tips to help foreigners find suitable short-term housing in Seoul.

Average Prices of Short-Term Rentals in Seoul

Short-term rental costs in Seoul depend on the type of housing and neighborhood.

Budget Options

• Guesthouses and shared housing: ₩400,000 – ₩900,000 per month
• Small officetels or studios: ₩700,000 – ₩1,200,000 per month

Mid-Range Options

• Furnished apartments: ₩1,000,000 – ₩2,000,000 per month
• Serviced apartments (basic): ₩1,500,000 – ₩3,000,000 per month

Luxury Options

• High-end serviced residences: ₩3,000,000 – ₩6,000,000+ per month
• Premium luxury apartments: ₩5,000,000+ per month depending on location and services

Prices are generally higher in central districts like Gangnam and lower in outer or university areas.

Best Locations for Short-Term Rentals in Seoul

Gangnam

Gangnam is the most expensive but most convenient area for professionals.

Why Expats Choose It

• Major business district
• Modern serviced apartments
• Excellent transport and amenities

Itaewon

Itaewon is highly popular among foreigners.

Why Expats Choose It

• International community
• English-friendly services
• Central Seoul location

Hongdae (Mapo)

Hongdae is ideal for younger expats and students.

Why Expats Choose It

• Affordable rentals
• Vibrant nightlife and cafes
• Near universities

Yeouido

Yeouido is a financial hub with modern housing.

Why Expats Choose It

• Corporate offices
• High-rise apartments
• River views

Jongno

Jongno offers cultural and central access.

Why Expats Choose It

• Historical attractions
• Government offices
• Strong transport links

Types of Short-Term Rentals in Seoul

Serviced Apartments

Offer hotel-style services such as cleaning, concierge, and maintenance.

Furnished Apartments

Fully equipped units ideal for longer stays.

Officetels

Compact studio-style units popular among expats and professionals.

Guesthouses

Budget-friendly shared accommodation for short stays.

Tips for Expats Renting in Seoul

1. Choose Location Based on Lifestyle

Select areas close to work, school, or transportation hubs.

2. Understand Deposit Requirements

Some rentals require deposits, while others offer flexible monthly options.

3. Check What Is Included

Always confirm if rent includes:

• Utilities
• Internet
• Cleaning services
• Furniture

4. Book Early in Popular Areas

Gangnam, Itaewon, and Hongdae fill quickly during peak seasons.

5. Be Aware of Rental Platforms

Use trusted agencies or verified platforms, as listings can vary in accuracy.

Pros and Cons of Short-Term Rentals

Advantages

• Flexible rental periods
• Furnished living spaces
• More space than hotels
• Better for long stays

Disadvantages

• Higher cost than long-term leases
• Limited availability in prime areas
• Deposits may still apply

Frequently Asked Questions

How much is a short-term rental in Seoul?

Prices range from around ₩400,000 for budget options to over ₩5,000,000 for luxury apartments per month.

Which area is best for foreigners?

Gangnam, Itaewon, Hongdae, Yeouido, and Jongno are the most popular.

Are short-term rentals furnished?

Most are fully furnished, especially serviced apartments and officetels.

Can foreigners rent easily in Seoul?

Yes, but availability depends on budget, location, and rental duration.

Final Thoughts

Short-term rentals in Seoul offer a wide range of options for foreigners with different budgets and needs. From affordable studios to luxury serviced apartments, the city provides flexible housing solutions across many neighborhoods.

By understanding pricing, choosing the right location, and planning ahead, expats can find comfortable and convenient accommodation for their stay in Seoul.