Cost of Living 2026

Apartment Rent Price in South Korea (2026)

Apartment Rent costs about ₩672956 per 1BR city center ($499.52 / Rp8821867.14 IDR) in South Korea in 2026, about 29% below the Rp12490787.25 IDR world average. It is the #52 most expensive of 85 countries tracked by imhere (cheapest: Pakistan, priciest: Singapore). Data updated 8 Aug 2026.

South Korea vs the world

CountryPriceNotes
South Korea₩672956 per 1BR city center$499.52 / Rp8821867.14 IDR
World averageRp12490787.25 IDR
World medianRp10232207.07 IDR
Cheapest: PakistanRp1992117.36 IDRrank #85 of 85
Most expensive: SingaporeRp45434934.19 IDRrank #1 of 85

Where South Korea sits: cheaper and pricier countries

See all 85 countries →

Most expensive and cheapest worldwide

Other prices in South Korea

Frequently asked questions

How much is a 1-bedroom apartment in South Korea?
A 1-bedroom apartment costs about ₩672956 per 1BR city center (Rp8821867.14 IDR) in South Korea in 2026.
Is a 1-bedroom apartment expensive in South Korea?
It is the #52 most expensive of the 85 countries tracked by imhere, about 29% below the Rp12490787.25 IDR world average.
How much is that in US dollars?
A 1-bedroom apartment in South Korea is about $499.52 per 1BR city center / Rp8821867.14 IDR.
Which country has the cheapest apartment rent?
The cheapest in this comparison is Pakistan at about Rp1992117.36 IDR.
Which country has the most expensive apartment rent?
The most expensive is Singapore at about Rp45434934.19 IDR.
How does the cost of living in South Korea compare?
The world average for a 1-bedroom apartment is about Rp12490787.25 IDR and the median is Rp10232207.07 IDR - a quick way to judge local living costs before you travel.
How do I find my hotel in South Korea old-town alleys?
With imhere photo navigation: one real photo per step plus a direction hint, no GPS needed.