What is the average cost of housing in Pyeongtaek?

If you are thinking about moving to Pyeongtaek, cost of living in probably a key consideration. Expats commented about the cost of housing...

"The average cost of housing in Pyeongtaek can vary greatly depending on the type and location of the property. For instance, a typical apartment in the city center may cost around 500 million to 1 billion Korean won, while a similar property in the outskirts may be priced lower. However, rental prices are more common and can range from 300,000 to 1 million Korean won per month, again depending on the location and size of the property. It's also important to note that in Korea, a large deposit system known as Jeonse is often used, where tenants pay a large lump sum deposit instead of monthly rent. This can significantly affect the overall cost of housing," explained one expat living in Pyeongtaek, Korea.

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