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Cost for Apartment

 
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nahanni



Joined: 21 Mar 2007

PostPosted: Tue Mar 10, 2009 9:17 pm    Post subject: Cost for Apartment Reply with quote

Hi,

I'm looking at a job in Incheon but they will only pay up to w300,000 per month for apartment.

I've only lived in mid-sized Korean cities and guess that amount won't get me much in the bigger cities.

Please inform.

thanks,
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Cerriowen



Joined: 03 Jun 2006
Location: Pocheon

PostPosted: Tue Mar 10, 2009 9:26 pm    Post subject: Reply with quote

The trick isn't in the montly pay... 300k will get you by... BUT... you've gotta put down about 5-10mil in "key money". More money = less monthly pay. Actually if you give them 25-50mil you don't have to pay rent at all.
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nahanni



Joined: 21 Mar 2007

PostPosted: Tue Mar 10, 2009 9:50 pm    Post subject: Reply with quote

Thanks for that.

They'll put up the key money but I wasn't sure if 300,000/month was enough for middle of Incheon.

Not sure but I think my only barely acceptable apt last year in a small city cost between 200~250/mth.
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nahanni



Joined: 21 Mar 2007

PostPosted: Tue Mar 10, 2009 9:52 pm    Post subject: Reply with quote

Thanks for that.

They'll put up the key money but I wasn't sure if 300,000/month was enough for middle of Incheon.

Not sure but I think my only barely acceptable apt last year in a small city cost between 200~250/mth.
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talltony4



Joined: 09 Aug 2004

PostPosted: Wed Mar 11, 2009 12:30 am    Post subject: Reply with quote

Sounds a bit low. I doubt they will put up more than 10 million in key money.

It all depends on what sort of place you want I suppose.
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