What are rents like in Daejeon right now? (January 2026)

This article breaks down current rental prices in Daejeon, with data updated as of January 2026.

We cover average rents by apartment size, top neighborhoods for tenants, and what landlords should budget monthly.

We constantly update this blog post so you always get the freshest Daejeon rental market data.

And if you're planning to buy a property in this place, you may want to download our pack covering the real estate market in Daejeon.

Who is the author of this content?

BAMBOOROUTES

A team specialized in real estate investing in APAC countries (Japan, Thailand, Indonesia, Australia, etc.).

We are a team of financial experts, legal professionals, developers, and local real estate specialists dedicated to helping people like you avoid mistakes when investing in real estate in a foreign place, particularly in Daejeon. If you’d like to learn more about us, you can check our presentation page.

What are typical rents in Daejeon as of 2026?

What's the average monthly rent for a studio in Daejeon as of 2026?

As of January 2026, the average monthly rent for a studio in Daejeon is approximately ₩430,000 ($295 USD or €275 EUR), typically with a deposit of ₩5 million to ₩10 million.

Most Daejeon studios fall within ₩350,000 to ₩550,000 per month ($240 to $375 USD, or €225 to €355 EUR), depending on location and building age.

Main factors affecting studio rents include proximity to Yuseong-gu research campuses or Dunsan business district, building age, and whether the unit includes appliances like AC and washing machine.

What's the average monthly rent for a 1-bedroom in Daejeon as of 2026?

As of January 2026, the average monthly rent for a 1-bedroom in Daejeon is approximately ₩560,000 ($385 USD or €360 EUR), with deposits typically ₩10 million to ₩20 million.

Most 1-bedroom rentals fall within ₩450,000 to ₩700,000 per month ($310 to $480 USD, or €290 to €450 EUR), depending on condition and amenities.

Cheapest 1-bedroom rents are in outer districts like Dong-gu and Daedeok-gu, while highest rents cluster in Seo-gu's Dunsan-dong and Yuseong-gu's Doryong-dong.

What's the average monthly rent for a 2-bedroom in Daejeon as of 2026?

As of January 2026, the average monthly rent for a 2-bedroom in Daejeon is approximately ₩780,000 ($535 USD or €500 EUR), with deposits typically ₩20 million to ₩35 million.

Most 2-bedroom rentals fall within ₩600,000 to ₩1,000,000 per month ($410 to $685 USD, or €385 to €645 EUR), depending on the complex and neighborhood.

Cheapest 2-bedroom rents are in older blocks in Jung-gu and eastern Dong-gu; most expensive are in Wolpyeong-dong and Dunsan-dong in Seo-gu, plus family neighborhoods in Yuseong-gu.

By the way, you will find much more detailed rent ranges in our property pack covering the real estate market in Daejeon.

What's the average rent per square meter in Daejeon as of 2026?

As of January 2026, average rent per square meter in Daejeon is approximately ₩15,000 ($10.30 USD or €9.65 EUR) per month for mid-market properties.

Across neighborhoods, rent per square meter ranges from ₩12,000 to ₩20,000 ($8.25 to $13.70 USD), with lower end in older districts and higher end in Dunsan and Yuseong hubs.

Compared to Seoul (₩25,000 to ₩35,000+ in central areas), Daejeon offers significantly more affordable rates while providing access to major employment centers.

Properties above average typically feature newer construction, good lighting, secure parking, and walking distance to metro or employers like Daedeok Innopolis.

How much have rents changed year-over-year in Daejeon in 2026?

As of January 2026, monthly rents in Daejeon have increased approximately 2% to 3% compared to last year.

Main factors driving changes include the ongoing shift from jeonse to wolse contracts, steady research and university sector demand, and relatively stable interest rates.

This year's change matches the previous year's trend of modest 2% to 3% increases, as Daejeon avoided the sharper fluctuations seen in Seoul.

What's the outlook for rent growth in Daejeon in 2026?

As of January 2026, Daejeon rent growth is projected between 1% and 4%, with baseline expectation around 2% to 3%.

Key factors include Bank of Korea interest rate decisions, Daedeok research community demand, and the pace of tenant shift from jeonse to monthly rent.

Strongest growth is expected in Yuseong-gu (near KAIST and Daedeok Innopolis) and Seo-gu's Dunsan area, where demand consistently outpaces supply.

Risks include unexpected rate hikes making jeonse attractive again, or research sector hiring slowdowns reducing Yuseong-gu demand.

We have made this infographic to give you a quick and clear snapshot of the property market in South Korea. It highlights key facts like rental prices, yields, and property costs both in city centers and outside, so you can easily compare opportunities. We’ve done some research and also included useful insights about the country’s economy, like GDP, population, and interest rates, to help you understand the bigger picture.

Which neighborhoods rent best in Daejeon as of 2026?

Which neighborhoods have the highest rents in Daejeon as of 2026?

As of January 2026, top three highest-rent neighborhoods in Daejeon are Dunsan-dong in Seo-gu (₩650,000 to ₩900,000/month, $445 to $615 USD), Doryong-dong in Yuseong-gu (₩600,000 to ₩850,000, $410 to $580 USD), and Wolpyeong-dong in Seo-gu (₩580,000 to ₩800,000, $400 to $550 USD).

These neighborhoods command premiums due to excellent access to government offices, employers, top schools, and lifestyle amenities.

Typical tenants include mid-career professionals in government or research, dual-income families seeking quality schools, and executives in the Dunsan business district.

By the way, we've written a blog article detailing what are the current best areas to invest in property in Daejeon.

Where do young professionals prefer to rent in Daejeon right now?

Top three neighborhoods for young professionals in Daejeon are Dunsan-dong and Tanbang-dong in Seo-gu for walkability and nightlife, and Bongmyeong-dong in Yuseong-gu for its campus-adjacent vibe.

Young professionals typically pay ₩400,000 to ₩600,000 per month ($275 to $410 USD, or €255 to €385 EUR) for studios and one-bedrooms.

These areas attract young professionals with convenient transit, restaurants and gyms, newer officetels, and proximity to government and research employers.

By the way, you will find a detailed tenant analysis in our property pack covering the real estate market in Daejeon.

Where do families prefer to rent in Daejeon right now?

Top three neighborhoods for families in Daejeon are Wolpyeong-dong and Dunsan-dong in Seo-gu for established complexes, and Noeun-dong in Yuseong-gu for newer developments.

Families pay ₩700,000 to ₩1,100,000 per month ($480 to $755 USD, or €450 to €710 EUR) for 2-3 bedroom apartments.

These areas attract families with large complexes featuring playgrounds, convenient supermarkets and clinics, safe pedestrian areas, and strong schools.

Top-rated schools nearby include well-regarded elementary and middle schools in Dunsan and Wolpyeong districts, among the most sought-after in the city.

Which areas near transit or universities rent faster in Daejeon in 2026?

As of January 2026, fastest-renting areas in Daejeon are Gung-dong near Chungnam National University, Guseong-dong and Doryong-dong near KAIST/Daedeok Innopolis, and the Government Complex area along Metro Line 1.

In these high-demand areas, well-priced properties stay listed only 20 to 30 days, compared to 45 to 60 days in less connected neighborhoods.

Rent premium for properties within walking distance of transit or universities is approximately ₩50,000 to ₩100,000 per month ($35 to $70 USD).

Which neighborhoods are most popular with expats in Daejeon right now?

Top three expat neighborhoods in Daejeon are Doryong-dong and Yuseong-oncheon area in Yuseong-gu for research proximity, and Dunsan-dong in Seo-gu for city-center conveniences.

Expats typically pay ₩500,000 to ₩800,000 per month ($345 to $550 USD, or €320 to €515 EUR) for studios and one-bedrooms with modern amenities.

These areas attract expats with English-friendly services, international restaurants, research institute proximity, and more furnished rental options.

Most represented expat communities include researchers from China, India, the US, and European countries working at KAIST, ETRI, and Daedeok Innopolis institutions.

And if you are also an expat, you may want to read our exhaustive guide for expats in Daejeon.

Who rents, and what do tenants want in Daejeon right now?

What tenant profiles dominate rentals in Daejeon?

Top three tenant profiles in Daejeon are university students, researchers/engineers in the Daedeok R&D ecosystem, and government/office workers in the Seo-gu administrative core.

Market share: students account for 30% to 35%, researchers and young professionals 35% to 40%, and families 25% to 30%.

Students seek affordable studios near campus, researchers prefer modern officetels or one-bedrooms near work, and families look for 2-3 bedroom apartments in good school districts.

If you want to optimize your cashflow, you can read our complete guide on how to buy and rent out in Daejeon.

Do tenants prefer furnished or unfurnished in Daejeon?

In Daejeon, 60% to 70% of studio/officetel tenants prefer partly furnished units, while 80% of family apartment renters prefer unfurnished.

Fully furnished apartments command ₩50,000 to ₩100,000 per month premium ($35 to $70 USD) compared to unfurnished units.

Tenants preferring furnished include international researchers on short contracts, graduate students, and young professionals who relocate frequently.

Which amenities increase rent the most in Daejeon?

Top five rent-boosting amenities in Daejeon: proximity to Yuseong/Dunsan hubs (biggest), newer construction with good insulation, secure parking, in-unit AC and laundry, and CCTV security.

Premiums: location adds ₩50,000 to ₩150,000/month ($35 to $105 USD), newer construction ₩30,000 to ₩80,000, secure parking ₩20,000 to ₩50,000, AC and laundry ₩30,000 to ₩60,000.

In our property pack covering the real estate market in Daejeon, we cover what are the best investments a landlord can make.

What renovations get the best ROI for rentals in Daejeon?

Top five ROI renovations in Daejeon: bathroom modernization, kitchen upgrades, fresh flooring and paint, heating improvements, and window insulation.

Costs and returns: bathroom refresh ₩2M to ₩5M ($1,370 to $3,425 USD) adds ₩30,000 to ₩50,000/month; kitchen ₩1.5M to ₩4M adds ₩20,000 to ₩40,000; flooring/paint ₩1M to ₩3M adds ₩15,000 to ₩30,000.

Avoid: luxury finishes exceeding neighborhood standards, personalized designs, and expensive smart home systems most tenants don't prioritize.

We did some research and made this infographic to help you quickly compare rental yields of the major cities in South Korea versus those in neighboring countries. It provides a clear view of how this country positions itself as a real estate investment destination, which might interest you if you’re planning to invest there.

How strong is rental demand in Daejeon as of 2026?

What's the vacancy rate for rentals in Daejeon as of 2026?

As of January 2026, vacancy rate for rentals in Daejeon is approximately 4% to 6% for actively marketed units.

Rates range from 3% in high-demand areas like Dunsan-dong and Doryong-dong to 7%+ in older stock in outer districts like eastern Dong-gu.

Current vacancy is slightly below historical average for regional Korean cities, reflecting steady demand from research, university, and government sectors.

Finally please note that you will have all the indicators you need in our property pack covering the real estate market in Daejeon.

How many days do rentals stay listed in Daejeon as of 2026?

As of January 2026, rentals in Daejeon stay listed approximately 30 to 40 days on average.

Range: 25 to 35 days for well-priced units in Dunsan-dong and Yuseong-gu; 50 to 60+ days for older units in less convenient locations.

Current figures are similar to last year, as steady demand from students, researchers, and government workers keeps absorption stable.

Which months have peak tenant demand in Daejeon?

Peak demand months in Daejeon are February to March and August to September, aligning with university semesters and corporate job rotations.

Drivers include academic calendar (new semesters bring student renters), government and corporate transfers, and research institute hiring in spring and fall.

Lowest demand months are December to January and June to July, when fewer relocate due to holidays, exams, and academic gaps.

What will my monthly costs be in Daejeon as of 2026?

What property taxes should landlords expect in Daejeon as of 2026?

As of January 2026, Daejeon landlords should expect 0.15% to 0.35% of assessed property value yearly, roughly ₩300,000 to ₩1,500,000 ($205 to $1,030 USD) annually for typical apartments.

Range: from ₩200,000 ($135 USD) for lower-value outer district units to ₩2,000,000+ ($1,370 USD) for premium Dunsan-dong or Yuseong-gu apartments.

Taxes are calculated on officially assessed value (typically below market), with progressive rates increasing for higher-value properties and investment properties.

Please note that, in our property pack covering the real estate market in Daejeon, we cover what exemptions or deductions may be available to reduce property taxes for landlords.

What maintenance budget per year is realistic in Daejeon right now?

Realistic annual maintenance budget in Daejeon is ₩1,800,000 to ₩3,600,000 ($1,235 to $2,470 USD), covering monthly management fees of ₩150,000 to ₩300,000.

Range: from ₩1,500,000 ($1,030 USD) for older, smaller complexes to ₩4,500,000+ ($3,085 USD) for large, newer complexes with extensive amenities.

Landlords typically set aside 5% to 10% of annual rental income for maintenance and repairs, plus fixed monthly management fees disclosed through K-apt.

What utilities do landlords often pay in Daejeon right now?

In most Daejeon rentals, landlords pay building costs only when vacant; tenants pay electricity, gas, water, and internet under standard wolse contracts.

When landlords cover utilities (during vacancy or bundled arrangements): electricity ₩80,000 to ₩150,000/month ($55 to $105 USD), gas ₩30,000 to ₩120,000 seasonally, water ₩15,000 to ₩30,000.

Standard practice is tenants sign up for utility accounts in their own name, keeping landlord exposure limited to vacancy periods.

How is rental income taxed in Daejeon as of 2026?

As of January 2026, rental income in Daejeon is declared to the National Tax Service and taxed as overall income, with marginal rates of 6% to 45% depending on income bracket.

Main deductions: mortgage interest, property taxes, maintenance/repairs, building depreciation, and rental-related insurance premiums.

Common mistake for Daejeon landlords: failing to properly report jeonse deposit income (which has imputed rental value) or not keeping adequate records of fees and repairs.

We cover these mistakes, among others, in our list of risks and pitfalls people face when buying property in Daejeon.

We made this infographic to show you how property prices in South Korea compare to other big cities across the region. It breaks down the average price per square meter in city centers, so you can see how cities stack up. It’s an easy way to spot where you might get the best value for your money. We hope you like it.

What sources have we used to write this blog article?

Whether it's in our blog articles or the market analyses included in our property pack about Daejeon, we always rely on the strongest methodology we can … and we don't throw out numbers at random.

We also aim to be fully transparent, so below we've listed the authoritative sources we used, and explained how we used them and the methods behind our estimates.

Source	Why It's Authoritative	How We Used It
Korea Real Estate Board (REB)	Government-affiliated monitor publishing widely used housing and rent statistics.	We use REB as the official backbone for rent trend direction. We cross-check private-sector signals against REB methodology.
MOLIT Real Transaction Price System	Official national portal for verified real-estate transaction data, including leases.	We use MOLIT as the verifiable anchor for actual signed leases. We lean on it to ground rent levels and check neighborhood gaps.
MOLIT Real Estate Transaction Management System	Government system behind property and lease reporting workflows.	We use RTMS to confirm Korea's lease market is tracked formally. We treat it as part of the official data chain.
KOSIS (Korean Statistical Information Service)	Statistics Korea's official platform for nationally approved datasets.	We use KOSIS to frame Daejeon in wider housing context. We cross-check population, households, and housing stock numbers.
Statistics Korea (KOSTAT)	Korea's official statistics agency with nationally approved housing stats.	We use KOSTAT to describe ownership vs. renting trends. We translate implications for landlords and tenants.
Bank of Korea (BOK)	Most authoritative source for interest-rate conditions shaping rent/jeonse dynamics.	We use BOK to explain jeonse-to-wolse conversion pressure. We support 2026 outlook assumptions on rates and affordability.
KB Financial Group Real Estate Report	Korea's best-known housing research publisher with long-running coverage.	We use KB for market practitioner perspective on rent sentiment. We treat it as a cross-check, not single source.
KB Land Platform	Large-scale platform tied to a major bank, widely referenced in Korea.	We use KB Land to reality-check neighborhood pricing tiers. We pick concrete examples matching data trends.
Savills Korea Residential Market Outlook	Major global consultancy with transparent, research-style reporting.	We use Savills for macro rental themes like jeonse-to-monthly shift. We apply to Daejeon after checking Korean signals.
K-apt (Apartment Management Fees System)	Official disclosure platform for apartment management fees and transparency.	We use K-apt to estimate realistic maintenance fee expectations. We translate into landlord-friendly budget lines.
REB K-apt Description	REB's description of K-apt system and disclosure scope.	We use it to explain why K-apt numbers are reliable. We keep maintenance-cost methodology verifiable.
Daejeon Metropolitan City Gas Tariffs	City government's published guidance for residential gas pricing.	We use it for Daejeon-specific utility reference. We explain winter vs. summer utility swings.
KEPCO Residential Electricity Rates	National electricity utility and official source for tariff schedules.	We use it to anchor electricity costs officially. We keep math simple for light vs. heavy usage.
Korea City Gas Association	Industry association publishing standardized tariff explanations.	We use it to explain gas billing structure. We cross-check against Daejeon city page.
National Tax Service (NTS)	Official authority for income tax rules and taxpayer guidance.	We use it to describe rental income declaration. We focus on what small landlords must do.
Korean Law Information Center	Official government legal database for statutes in force.	We use it to ground tenant/landlord rules and lease protections. We avoid hearsay about deposits and contracts.
KLRI e-law	Reputable legal institute with useful English text.	We use it to make legal basics easy for non-professionals. We cross-check with law.go.kr.
OECD Housing Indicators	Standardized indicators helpful for macro reality checks.	We use it to sanity-check Korea's rent inflation direction. We don't use it for exact Daejeon levels.
IMF World Economic Outlook	Top-tier source for macro assumptions like growth and inflation.	We use it to frame 2026 economic backdrop for rent affordability. We keep it high-level for outlook section.
The Korea Times	English-language coverage of Korean housing policy developments.	We use it for vacancy tracking context. We treat it as supporting context, not primary data.