Sinheung-dong Rent Prices in Seongnam-si 2026
Our Verdict
"The Grid"
With a median of ₩24000/m² monthly, you are paying for transit access rather than neighborhood tranquility. This area sits firmly in THE_GRID category because it serves as a necessary, high-density pressure valve for people working in Jamsil or Pangyo. While our neighborhood analysis shows a wide price range, the top end is driven by massive new-build complexes like Sanseong Station Foretia, which have skewed the local m² stats significantly.
The Vibe:Expect a landscape of steep inclines and narrow alleys where grit meets rapid redevelopment. The crowd is a mix of Line 8 commuters and legacy residents navigating the massive hills around Sinheung Station. It is functionally dense, lacking the polished aesthetics of Bundang but offering direct, raw access to the Seoul metro corridor.
The median rent price in Sinheung-dong, Seongnam-si is ₩24,000 per m² per month, 26% below the Seongnam-si city average of ₩32500/m². Based on 1 verified rental data points as of June 2026.
Market Median · Sinheung-dong
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Neighborhood Peers
Quick Estimate
Sinheung-dong @ ₩24,000/m²/mo
District Highlights
Locals Ask
Is the ₩16500/m² floor price realistic for new builds?
Absolutely not. That bottom-tier rate applies to older, walk-up villas located on the steepest parts of the hill.
What is the parking situation like in Sinheung-dong?
Unless you are in a post-2020 apartment complex, parking is a nightly tactical battle for any available inch of curb.
How does the Average Rent compare to nearby Bundang?
It is significantly cheaper per square meter, but the gap is closing fast as luxury high-rises replace older low-income housing.
Is the Investment outlook stable for renters?
As a renter, be prepared for displacement; the area is a perpetual construction site as more blocks are designated for demolition.
Is it easy to get to Jamsil from here?
It is the main selling point; the Line 8 commute gets you to Jamsil in under 20 minutes, which justifies the ₩24000 median.
Nearby in Seongnam-si
About This Data
Data Sources
Sinheung-dong prices are sourced from real market listings and verified location scans submitted by users in Seongnam-si. Each neighbourhood requires multiple independent data points before publication to ensure statistical reliability.
Methodology
We report median prices — not averages — to reduce outlier distortion. All figures are per square metre (per month). The 3/5 rating reflects price-to-value relative to local amenities, transit access, and broader market conditions in Seongnam-si.
Last Updated
This page was last updated in June 2026. AI-generated insights — including the vibe description, verdict, and FAQs — are regenerated whenever the underlying price data changes to keep analysis current.