Global Major Cities Guide

Discussion of options between furnished and unfurnished rental properties and which might be suitable for newcomers arriving in Jeonju.

Furnished Housing: These properties come equipped with essential furniture and appliances, such as beds, tables, chairs, wardrobes, refrigerators, washing machines, and sometimes even kitchenware. Furnished housing is more common in short-term rentals, such as officetels (studio apartments) or accommodations aimed at students, expats, or business travelers.
Unfurnished Housing: These properties are typically bare, with no furniture or appliances provided. In South Korea, even "unfurnished" homes may include built-in features like air conditioning, heating systems (ondol, or underfloor heating), and sometimes a stove. Unfurnished housing is more common for long-term rentals and is preferred by locals who already own furniture.

Furnished Housing:
- Monthly Rent: ₩500,000–₩1,200,000 (depending on size, location, and amenities).
- Deposit (Key Money): ₩5,000,000–₩20,000,000 (lower than unfurnished housing but still significant).
- Utilities: Often included in the rent for short-term stays, but for long-term leases, you may need to pay separately (₩50,000–₩150,000/month depending on usage).
Unfurnished Housing:
- Monthly Rent: ₩300,000–₩800,000 (more affordable than furnished housing).
- Deposit (Key Money): ₩10,000,000–₩50,000,000 or more (higher than furnished housing).
- Utilities: Paid separately and can range from ₩50,000–₩200,000/month depending on the size of the property and your usage.

Furnished Housing:
- More common in areas near universities (e.g., Jeonbuk National University) or tourist hotspots like Jeonju Hanok Village.
- Often found in officetels, which are small, modern studio apartments designed for convenience.
- Limited options for larger families, as most furnished units are studios or one-bedroom apartments.
Unfurnished Housing:
- Widely available across Jeonju, especially in residential neighborhoods.
- Includes a variety of housing types, such as apartments, villas (low-rise buildings), and standalone houses.
- Better suited for long-term residents or families who want more space and flexibility.

Furnished Housing:
- Easier for foreigners to secure, as landlords are often accustomed to dealing with short-term tenants.
- Lease terms are typically more flexible (e.g., 6 months to 1 year).
- Some landlords may not require a local guarantor, but you may need to pay a higher deposit if you lack a Korean co-signer.
Unfurnished Housing:
- Requires a more formal process, including a higher deposit (jeonse or wolse system).
- You may need a Korean guarantor or proof of income to secure the lease.
- Lease terms are usually longer (1–2 years), and breaking the lease early can result in penalties.

Jeonju’s housing market is more affordable compared to larger cities like Seoul or Busan, but the demand for furnished housing is growing due to the influx of students, tourists, and expats.
Unfurnished housing remains the norm for locals, while furnished options cater to the transient population.
The jeonse system (a lump-sum deposit in lieu of monthly rent) is still prevalent, but monthly rental (wolse) is becoming more common, especially for furnished units.

Language Barrier: Most landlords and real estate agents in Jeonju may not speak English fluently. Hiring a bilingual real estate agent or bringing a Korean-speaking friend can help.
Understanding Contracts: Rental agreements are typically in Korean, so it’s essential to have them translated or reviewed by someone you trust.
Deposit Recovery: Retrieving your deposit at the end of the lease can sometimes be delayed, especially if there are disputes over property damage.
Furniture Compatibility: If you choose unfurnished housing, finding furniture that fits the space (especially in smaller apartments) can be challenging.

Shoes Off Policy: Whether you choose furnished or unfurnished housing, remember that it’s customary to remove your shoes before entering a home.
Heating System: Most homes in Jeonju use ondol (underfloor heating), which is different from Western heating systems. Ensure the system is functional before signing a lease.
Recycling Rules: South Korea has strict recycling regulations. Familiarize yourself with the local waste disposal system, as landlords may expect you to follow these rules diligently.

Assess Your Stay Duration:
- If you’re staying for less than a year, furnished housing is more convenient.
- For long-term stays, unfurnished housing may be more cost-effective.
Consider Your Budget:
- Furnished housing has lower upfront costs but higher monthly rent.
- Unfurnished housing requires a larger deposit but offers lower monthly expenses.
Location Matters:
- For convenience, choose furnished housing near Jeonju’s city center, universities, or public transportation hubs.
- For a quieter lifestyle, consider unfurnished housing in suburban areas.
Inspect the Property:
- For furnished housing, check the condition of the furniture and appliances.
- For unfurnished housing, ensure built-in features like heating, plumbing, and electrical systems are in good working order.
Work with a Real Estate Agent:
- A local real estate agent (부동산, budongsan) can help you navigate the market and negotiate terms. Look for agents who have experience working with foreigners.
Negotiate Terms:
- Don’t hesitate to negotiate the deposit, rent, or lease duration. Landlords in Jeonju may be more flexible than in larger cities.
Join Expat Communities:
- Online forums or social media groups for expats in Jeonju can provide valuable advice and even housing leads.

Furnished Housing: Ideal for students, short-term visitors, or those who prefer convenience and minimal setup.
Unfurnished Housing: Best for long-term residents, families, or those who want to personalize their living space.

By carefully considering your needs, budget, and lifestyle, you can find the perfect housing option in Jeonju. Good luck with your move!