This year's average jeonse price for apartments in Seoul came close to 600 million won. Seocho District was found to be near 1 billion won.
According to the "Status of average apartment jeonse amounts based on actual transaction prices from 2022 to 2025" submitted by Rep. Lee Yeon-hee of the Democratic Party of Korea on the 10th from the Ministry of Land, Infrastructure and Transport, this year's average jeonse price for Seoul apartments was 590.4 million won. Compared to 2022's 537.1 million won, it rose by 53.3 million won.
The most expensive jeonse deposit size was in Seocho District, with an average jeonse deposit of 985.5 million won. That was up 103.1 million won from 2023 (882.4 million won). Over the same period, Yongsan District rose from 705.2 million won to 788.6 million won, up 83.4 million won, and Mapo District rose from 580.9 million won to 657 million won, up 76.1 million won.
Gangnam District also rose from 843.3 million won to 883 million won; Songpa District from 640.3 million won to 703.8 million won; and Jongno District from 605.4 million won to 701.3 million won.
There were also areas where jeonse prices slipped slightly compared with 2024. In Yangcheon District, the jeonse price adjusted from 555.6 million won in 2024 to 548 million won this year. Seongbuk District also fell from 484.5 million won to 479.8 million won. Gangdong District declined from 541 million won to 499.1 million won over the same period.
Meanwhile, as of the 29th of last month, the Korea Real Estate Board (REB)'s weekly apartment price trends showed this year's cumulative increase in jeonse prices at 0.36%. Seoul's jeonse prices rose 4.46% from January to September last year and 1.87% this year.