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Mean jeonse price of housing South Korea 2021, by province

Published by Statista Research Department, Jul 19, 2022
In August 2021, the mean jeonse price of housing in South Korea amounted to around 274 million South Korean won. The housing price for jeonse was the highest in Seoul, at around 474 million South Korean won. Jeonse is a unique housing leasing system in South Korea. A large sum is paid to the landlord for the rental period, which is usually two years. The deposit is returned to the tenants at the end of the two-year contract.

Mean jeonse price of housing in South Korea in August 2021, by province (in million South Korean won)

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Release date

September 2021

Region

South Korea

Survey time period

August 2021

Supplementary notes

1,000 South Korean won equals 0.86 U.S. dollars or 0.73 euros as of September 2021.

Figures have been rounded.

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