Housing type in Korea
Finding a place to live in Korea can be quite different from what international students and expats may be used to in their home countries.
Korea offers a variety of housing options that cater to different needs, preferences, and budgets.
In this guide, we’ll walk you through the most common types of accommodation available to students and professionals, including studios (one-room), sharehouses, goshiwons, and officetels.
Understanding these options will help you make the best decision for your stay in Korea!
1. Studio(One room) - Short term contract
These are small studio-type rooms leased for short periods, usually 3–6 months.
Landlords generally prefer long-term tenants, so short-term rentals often have lower room conditions compared to long-term rentals.
Additionally, due to the fast turnover nature of short-term rentals, they are typically available for contracts only within 2–3 weeks of the move-in date.
In many cases, one-room apartments in Korea do not come with basic furniture like a bed or desk, so tenants need to provide their own.
Pros
- Flexible lease terms (3–6 months), ideal for students staying temporarily.
- Private space without the need to share with roommates.
- Lower deposit in comparison to long-term rentals(₩1 million–₩2 million)
Cons
- Higher cost per month due to short-term nature.
- Room conditions may be lower compared to long-term rentals
- Contracts are usually available only within 2–3 weeks of the move-in date
- Often not fully furnished, meaning basic items like a bed or desk are not provided.(A/C, a washing machine, and a fridge are always included though)
Average Price
₩500,000–₩900,000 per month ($375–$675), depending on location and amenities.
2. Studio(One room) - Long term contract
Similar to short-term one-rooms, these studio-type rooms are leased for 12 months or longer.
These rooms are typically rented by students or young professionals who plan to stay for an extended period.
Basic furnitures(bed, desk) are not likely to be provided like short term contract.
Pros
- More affordable monthly rent compared to short-term leases.
- Private, compact space suitable for long-term living.
- Stable housing arrangement for the duration of the lease.
Cons
- Requires a higher security deposit (usually ₩5 million–₩10 million).
- Limited flexibility if your plans change.
- Often not fully furnished, meaning basic items like a bed or desk are not provided.(A/C, a washing machine, and a fridge are always included though)
Average Price
₩400,000–₩800,000 per month ($300–$600), depending on location and size.
3. Share house
A sharehouse is a co-living space where multiple people share communal areas like the kitchen, living room, and sometimes bathrooms, while having private or semi-private bedrooms.
While sharehouses in Western countries often have a highly social atmosphere where housemates frequently hang out together, most Korean sharehouses can be less social due to cultural differences.
People may not interact as much or live in a more independent manner.
Pros
- Affordable compared to renting a full apartment.
- Utilities and common services often included in the rent.
- Comes fully furnished with essentials like a bed, desk, and chair, making it easier to move in.
Cons
- Less privacy due to shared spaces
- Potential for conflicts with roommates.
Average Price
₩400,000–₩600,000 per month ($300–$450), including utilities.
4. Goshiwon
Goshiwons are tiny, budget-friendly rooms often found near universities.
The room is very small, with just enough space for a bed and desk, and the bathroom and kitchen are shared depending on Goshiwon.
Short-term contract is mostly allowed as well.
Pros
- Extremely affordable.
- Often none or very small amount of deposit required.
- Basic furnishings included, like a bed and desk.
Cons
- Very small living space.
- Shared bathroom and kitchen, leading to hygiene concerns.
- Limited privacy and soundproofing.
Average Price
₩300,000–₩500,000 per month ($230–$375), depending on location and room size.
5. Officetel
An officetel is a multi-purpose building that combines residential and commercial spaces.
These units are often larger than traditional one-room apartments and are designed for both living and working.
Officetels are popular among young professionals and students who need a convenient living space close to their workplaces or universities.
Many officetels come equipped with modern amenities and facilities.
Pros
- More spacious than one-room apartments.
- Often equipped with modern amenities, including fitness centers, security services, and common areas.
- Conveniently located in urban areas, making it easy to access public transportation and essential services.
Cons
- Higher rental costs compared to one-room apartments and sharehouses.
- Typically require larger security deposits, making it a more significant financial commitment.
- Short-term contracts are often not available, requiring tenants to commit to longer leases at least 12 months.
Average Price
₩800,000–₩1,200,000 per month ($525–$900), depending on size, location, and amenities.