Itaewon 1(il)-dong Rent Prices in Seoul 2026
Our Verdict
"Final Boss"
With m² stats peaking at ₩72,000, this area is the undisputed FINAL_BOSS of Seoul rentals because you are paying a massive premium for English-language convenience. Our neighborhood analysis shows that while the investment outlook remains stable due to land scarcity, the 'Average Rent' is often inflated by poorly maintained 'vintage' villas. It is only worth the cash if you need to be within walking distance of the international food scene and don't mind the noise from the weekend crowds.
The Vibe:It is a steep, concrete maze where luxury villas sit awkwardly next to crumbling walk-ups, all revolving around the Line 6 subway corridor. You will spend half your life climbing stairs and the other half searching for a parking spot that doesn't exist. The crowd is a cynical mix of embassy staff, long-term expats, and people who think living near the Hamilton Hotel is a personality trait.
The median rent price in Itaewon 1(il)-dong, Seoul is ₩48,500 per m² per month, 8% above the Seoul city average of ₩44750/m². Based on 1 verified rental data points as of February 2026.
Market Median · Itaewon 1(il)-dong
20+ data pointsI'm Paying
Scroll to share what you pay · anonymous
Quick Estimate
Itaewon 1(il)-dong @ ₩48,500/m²/mo
District Highlights
Locals Ask
Is the hill climb actually that bad?
Yes, if you live north of the main road, your calves will be on fire and most delivery scooters will refuse to hit your front door.
What is the 'Average Rent' for a basic studio?
Expect to pay roughly ₩48,500/m², but anything under ₩35,000/m² usually means a semi-basement or a building from the 1980s.
Can I actually find a place with a garage?
Only if you're looking at high-end villas near the embassies; otherwise, you'll be fighting for a spot in a cramped communal alley.
How is the noise level near the main strip?
If you are within 200 meters of the fire station or the Hamilton Hotel, forget about sleeping before 3 AM on weekends.
Does the neighborhood analysis justify the 'FINAL_BOSS' price?
Only if you value social proximity and international schools over modern amenities and flat ground.
Find Rentals in Itaewon 1(il)-dong
Nearby in Seoul
About This Data
Data Sources
Itaewon 1(il)-dong prices are sourced from real market listings and verified location scans submitted by users in Seoul. 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 5/5 rating reflects price-to-value relative to local amenities, transit access, and broader market conditions in Seoul.
Last Updated
This page was last updated in February 2026. AI-generated insights — including the vibe description, verdict, and FAQs — are regenerated whenever the underlying price data changes to keep analysis current.