Housing Korea

Korean Homestay

Homestay is a form of cultural exchange as well as a housing option.  Visitors are permitted to rent a room with a Korean host family with whom they may participate in daily life and customs and improve their language skills with natives.

As the homestay concept is relatively new to Korea , only families with members who have participated themselves in a homestay program are likely to open up their homes ... (Read More)

Goshiwon (Share House)


source: goham20.com

One of the most affordable types of housing available in South Korea is called a go-shi-won.  Goshiwons are typically small one bedrooms, with limited floor space often without a bathroom or kitchen.  While these quarters are minimalistic, goshiwons thrive in Korea because it is perfect for people on the go: students use this place to keep from distractions while workers and tourists find the low-maintenance housing ideal.  Further details are as ... (Read More)

Hasukjib

Source: Oasis' flickr

Hasukijibs are a step up from goshiwons in that the rooms tend to be a little bigger and two meals are provided by the house's resident ajumma and ahjusshi.  There is a better sense of community here as hasukjib inhabitants come into contact with each other since they all live in the same building and share the same meal.  It is an ideal living situation for ... (Read More)

Officetels

Source: Andrew Irwin's Flickr

Officetels are modern, high rise studios and can range anywhere between ₩500,000 to ₩1,500,000 a month in rent depending on the region. They are preferred by young urban professionals and foreigners for its clean, sleek look and convenient location near subways and bus stops. The word "officetel" is a combination of "office" and "hotel" to denote the mix of residential and commercial units in a ... (Read More)

Apatuhs

"Apatuh" is the Koreans' way of saying "apartment".  It is exactly what its name suggests: an apartment complex.  Apatuhs have two or more rooms and are often bought at its market value or paid for through the jeonse system.  Most Korean families live and own apartments.  The reason why apartments are so ubiquitous is because it is the most efficient way to construct buildings in a small country like Korea. ... (Read More)

One Rooms

Source: Mel C.'s flickr

 One rooms are studios and are better alternatives to goshiwons and hasukjibs. They are more expensive (average rent is about ₩500,000), larger, and have their own kitchen and bathroom. One rooms require at least a 1 year contract and a security deposit which can range from ₩5million to ₩10million. You have the option of increasing the security deposit by increments of ₩10 million ... (Read More)

General Real Estate Information

House

In Korea, a place to live can be purchased in a variety of methods. The most common way involves paying an initial deposit (normally referred to as key money) at the beginning and paying a monthly rent rate each month. The deposit will be returned once the tenant moves out of the place, however the conditions for the contract requiring a certain duration of stay may vary.

The next way is called Jeonse, which asks ... (Read More)