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Finding Housing in Seoul with Only 1 Million Won Deposit
Finding affordable housing in Seoul can feel overwhelming for international residents. A typical one-room studio apartment in Seoul requires a deposit of 5-20 million won—often reaching 10-15 million won in popular neighborhoods like Gangnam, Hongdae, or Itaewon. For many expats, digital nomads, and students, saving that much before even arriving in Korea simply isn't realistic.
But here's the game-changer: there are housing options in Seoul that accept just 1 million won as a deposit. This isn't just affordable—it's exceptional. With 90% less upfront capital required, you can experience Seoul without wiping out your savings or waiting months to accumulate a massive deposit.
This guide shows you exactly where to find these rare 1 million won deposit properties, what makes them special, and how to secure quality accommodation at a fraction of the typical cost.
Affordable Seoul Housing: Low Deposit Solutions for Expats
Seoul's housing market can feel intimidating for expats. Traditional Korean rentals demand deposits of 5-10 million won or more—a massive barrier that prevents many international residents from experiencing life in one of Asia's most dynamic cities.
But here's the good news: you don't need millions of won sitting in a deposit to live comfortably in Seoul. A growing number of housing options cater specifically to expats, offering low or zero deposits while maintaining quality, convenience, and affordability.
This guide reveals the best low-deposit housing solutions that make Seoul accessible to digital nomads, students, working professionals, and anyone dreaming of experiencing Korean life.