Is the average monthly rent 900,000 won? What's happening in Seodaemun...

[Financial News] In April, the average monthly rent for a one-room in Seoul was highest in Seodaemun-gu, while the jeonse was highest in Seocho-gu.
According to the April Dabangyeojido announced by Dabang on the 27th, the average monthly rent for a one-room with an exclusive area of 33㎡ or less in Seoul, based on a deposit of 10 million won, was 680,000 won, and the average jeonse deposit was 212.54 million won. This is a decrease of 20,000 won (2.2%) in the average monthly rent and an increase of 3.52 million won (1.7%) in the average jeonse deposit compared to March.
By district, the average monthly rent was highest in Seodaemun-gu at 900,000 won, which is 132% of the Seoul average price. This is attributed to the high-priced new one-room transactions in Seodaemun-gu in April. Following this, Gangnam-gu was at 128%, Seocho-gu at 117%, Geumcheon-gu at 113%, Dongjak-gu at 111%, Gwangjin-gu at 108%, Yeongdeungpo-gu at 106%, Gangseo-gu at 104%, Yongsan-gu at 103%, and Dongdaemun-gu at 101%, making a total of 10 areas where the average monthly rent was higher than the Seoul average.
In terms of jeonse deposits, Seocho-gu was 47.21 million won higher than the overall Seoul average at 259.75 million won (122%), making it the highest district for four consecutive months. It was followed by Gangnam-gu at 119%, Yongsan-gu and Jung-gu at 111%, Seongdong-gu at 109%, Gwangjin-gu at 108%, Yeongdeungpo-gu at 107%, Dongdaemun-gu and Mapo-gu at 104%, and Gangdong-gu at 101%, making a total of 10 areas where the average jeonse deposit was higher than the Seoul average.
The "April Dabangyeojido" announced by Dabang targeted one-room apartments with an exclusive area of 33㎡ or less traded in Seoul in April this year. It was produced by calculating the average monthly rent and average jeonse deposit based on a deposit of 10 million won, reflecting the jeonse conversion rate. For the average monthly rent, transactions with a monthly rent deposit of less than 100 million won were counted, and for the average jeonse deposit, all jeonse transactions were aggregated.



going@fnnews.com Choi Ga-young Reporter