Housing in Korea

전세 (jeonse) is a large lump-sum deposit (usually 50-80% of property value) with no monthly rent. 월세 (wolse) requires a smaller deposit plus monthly rent. Most foreigners choose 월세 due to lower upfront costs, typically 1000-5000만원 deposit plus 50-150만원 monthly rent.

You'll need your alien registration card (ARC), employment certificate or proof of income, bank statements, and sometimes a Korean guarantor. Students need enrollment verification. Having a Korean friend help with communication greatly improves your chances.

Use apps like Zigbang, Dabang, and 직방, but also check Facebook groups like 'Seoul Housing for Foreigners' and university housing boards. Real estate agents (부동산) can help but may charge fees. Some landlords specifically advertise foreigner-friendly properties.

Inspect water pressure, heating/cooling systems, internet connectivity, and appliances. Check for mold, especially in basement units. Verify the deposit protection system and ensure utilities can be transferred to your name. Take photos of any existing damage.

Maintenance fees (관리비): 5-15만원, utilities (gas, electricity, water): 5-20만원 depending on season and usage, internet: 3-5만원, phone: 3-8만원. Winter heating costs can be significant in older buildings.

Give 30 days notice, clean thoroughly, repair any damage you caused, and ensure all utilities are paid. Take photos during move-out inspection. Deposits are usually returned within 1-2 weeks. The deposit protection system (HUG) can help if there are disputes.