Renting

🇰🇷 Jeonse, wolse or banjeonse?

Korea's rental system is unlike anywhere else. Tap each to see how it works — and which one foreigners actually use.

✓ 2026 · Seoul Metropolitan Govt guidance
Choose a system
Wolse — deposit + monthly rent
💡 For foreigners: most choose wolse or banjeonse — far smaller upfront cash and simpler contracts than full jeonse. Full jeonse means handing over a fortune, so do careful deposit-protection checks (and verify the landlord) before committing.

Protect your deposit

Jeonse/large wolse deposits can run into the hundreds of thousands of dollars. Check the property''s registry, confirm the landlord, and use deposit-protection where available — jeonse fraud is a real risk.

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