🟩 Long-Term Rentals

- Lease terms are typically 1 or 2 years. Under Korean law, a 2-year lease is the standard, but a 1-year lease can often be negotiated with the landlord. In Seoul, especially in popular areas, 1-year leases are quite common.

- Most properties include essential appliances such as an air conditioner, refrigerator, washing machine, and gas stove. However, the appliances provided may vary depending on the property.

- Move-in is usually required within 2–3 weeks after signing the lease.

- Security deposits typically start from KRW 5 million or KRW 10 million, depending on the property.

- Monthly rent is generally more affordable than short-term rentals.

 🟩 Short-Term Rentals

- The standard lease term is 3 months, with the option to extend on a month-to-month basis. One- or two-month stays may also be available, depending on the property.

- Most units are fully furnished, including an air conditioner, washing machine, refrigerator, gas stove, bed, TV, and other essential furniture. However, many high-rise apartments in Seoul are not furnished, even when they are offered as short-term rentals.

- Move-in is usually possible within 7 days.

- Security deposits are typically lower than those for long-term rentals and are often similar to one month's rent.

- Monthly rent is generally higher than long-term rentals, and there is usually less flexibility when negotiating the security deposit and monthly rent.