Renting in Yongsan-gu: Small Apartments from ₩400,000 to ₩1,650,000

1/7

We looked at 466 new monthly rent contracts for small homes in Yongsan-gu (Seoul) to show you what rent and deposit typically cost. You also get background on the rental market and info on free advice for foreigners. ━━━━━━━━━━ 💸 ₩700,000 monthly rent in Yongsan The data covers 466 new monthly rent contracts (월세) for small homes up to 40 m² in Yongsan-gu (용산구). They were signed between 22 July 2026 and 16 October 2026. It includes officetels, villas and houses with multiple units; apartments are not included. The source is the reported rental contracts in Seoul's open data. The typical monthly rent (median) is ₩700,000 (≈ $522). The middle half of the contracts lies between ₩500,000 (≈ $373) and ₩1,000,000 (≈ $746). The typical deposit (median) is ₩20 million (≈ $14,920). The middle half lies between ₩10 million (≈ $7,460) and ₩50 million (≈ $37,300). Dollar values use 1 USD = 1340.47 KRW and are rounded. 👉 For you: For a small home in Yongsan, plan on typically about ₩700,000 rent and a ₩20 million deposit, but the range is wide. ━━━━━━━━━━ 🏠 Typically 28 m² for small apartments The typical floor area (median) in this analysis is 28 m². The price depends strongly on the building type. Officetel (오피스텔): median rent ₩900,000 (≈ $671), median deposit ₩30 million (≈ $22,380), based on 143 contracts. Villa (small multi-family building, 연립다세대): median rent ₩750,000 (≈ $560), median deposit ₩30 million (≈ $22,380), 149 contracts. House with multiple units (단독다가구): median rent ₩600,000 (≈ $448), median deposit ₩10 million (≈ $7,460), 174 contracts. 👉 For you: The house with multiple units was typically the cheapest in both rent and deposit, and the officetel the most expensive in rent. ━━━━━━━━━━ 📍 ₩400,000 to ₩1,650,000 depending on area There are also big differences between areas. We only looked at neighborhoods (dong) with at least 20 contracts and compared the median rent in each. Cheapest: Munbae-dong (문배동) at ₩400,000 (≈ $298), 24 contracts, and Yongsan-dong 2-ga (용산동2가) at ₩550,000 (≈ $410), 25 contracts. Priciest: Wonhyoro 2-ga (원효로2가) at ₩1,650,000 (≈ $1,231), 41 contracts, and Hangang-ro 2-ga (한강로2가) at ₩850,000 (≈ $634), 31 contracts. 👉 For you: Typical rent differs a lot between neighborhoods, so it pays to look at several areas. ━━━━━━━━━━ ⚖️ Deposit up to ₩10 million: ₩650,000 rent In comparison: with a deposit of up to ₩10 million (≈ $7,460), the median rent was ₩650,000 (≈ $485), based on 218 contracts. With a deposit of more than ₩10 million, it was ₩760,000 (≈ $567), based on 248 contracts. Korea has two types of rental. With jeonse (전세), you put down a very large, refundable deposit instead of monthly rent. With wolse (월세), you pay a deposit plus monthly rent. According to the Korea Herald, many foreigners find it hard to get a loan for a jeonse deposit and therefore choose monthly rent. In the Seoul Survey 2024, 52.5% of the foreigners surveyed lived on monthly rent, compared with 28% of all Seoul residents. In August 2026, the average monthly rent for multi-family housing in Seoul hit a record ₩675,000 (≈ $504), and the average deposit was ₩61.17 million (≈ $45,630) (Korea Real Estate Board). 👉 For you: In the data, typical rent was higher with a deposit of more than ₩10 million (₩760,000 instead of ₩650,000). ━━━━━━━━━━ 🤝 Free advice against jeonse fraud According to the Korea Herald, foreigners' most common problems are communicating with the landlord and getting their deposit back. The Seoul Global Center connects them with experts for this. The Seoul Foreign Residents Support Center in Yeongdeungpo (Daelim-dong) offers free rental advice against jeonse fraud on Mondays from 2 to 5 pm, with English-speaking agents. Contact: phone 2229-4900, email help@sfrc.seoul.kr, info at global.seoul.go.kr. Seoul also has "Global Real Estate Agencies": 293 agents who speak foreign languages, 219 of them English. Most are in Yongsan (54), Gangnam (32) and Seocho (31). The list is on the city's website. 👉 For you: The center advises getting help early, ideally before you sign. ━━━━━━━━━━ 🔗 Sources Stadt Seoul – Open Data: Mietverträge (서울시 부동산 전월세가 정보) https://data.seoul.go.kr/dataList/OA-21276/S/1/datasetView.do Korea Herald via Asia News Network – Rising rents narrow housing choices for Seoul's foreign residents (01.10.2026) https://asianews.network/?p=305016 Korea Times – Seoul to combat home lease fraud with multilingual counseling (17.11.2024) https://www.koreatimes.co.kr/amp/southkorea/society/20241117/seoul-to-combat-home-lease-fraud-with-multilingual-counseling ━━━━━━━━━━ 💬 Do you live in Yongsan or somewhere else in Seoul? What do you pay for your place, and what tips do you have for the search? 📲 On Instagram: https://www.instagram.com/lebeninkorea_en/ 📸 Photos: Skyler W, Vincent Yap, Andrea De Santis, Pansy Lau, Ann Danilina, Marek Piwnicki, Marissa Lewis (Unsplash); 부산광역시 (KOGL Type 1)