What Are the Best Places to Invest in Airbnb in South Korea?

Source: AirROI Reviewed by Jun Zhou , Founder @ AirROI
Updated:

The short-term rental market in South Korea spans 100 cities tracked in AirROI's 2026 dataset, ranging from mature urban markets with thousands of active listings to emerging destinations where early operators still have pricing leverage. Supply growth, regulation, and seasonal demand vary significantly across the region — making market selection one of the highest-leverage decisions an Airbnb investor can make.

This page ranks the best Airbnb markets in South Korea across four dimensions: market depth (active listings), revenue, nightly rate (ADR), and occupancy rate. Seoul, Seoul leads by market size with 15,341 active listings and $1,136/month revenue. Across all ranked markets, average occupancy is 27.3% with $676/month in average revenue and $115/night ADR.

Rankings based on AirROI's analysis of 20,000,000+ short-term rental listings across revenue, ADR, occupancy, and regulation. See ranking methodology.

Top Airbnb Markets in South Korea by Active Listings

Active listing count is the most direct measure of a market's depth, maturity, and investor confidence. Cities with the most Airbnb listings in South Korea attract the highest volume of travelers and offer the most reliable benchmarking data for pricing and revenue projections. Seoul, Seoul leads with 15,341 active short-term rental listings and $1,136/month in average revenue.

#MarketActive Listings (TTM)Revenue/moADROccupancyRegulation
1Seoul, Seoul15,341$1,136$9252.3%High
2Jeju, Jeju5,824$1,219$11140.1%High
3Busan, Busan4,390$1,168$10943.5%High
4Seogwipo-si, Jeju3,234$936$10133.2%High
5Incheon, Incheon1,882$536$8628.3%High
6Gangneung-si, Gangwon State1,421$830$12126.9%High
7Gyeongju-si, North Gyeongsang1,244$1,030$13230.9%High
8Jeonju-si, Jeonbuk State1,120$723$9627.1%High
9Yeosu-si, South Jeolla1,013$600$11422.9%High
10Daegu, Daegu876$524$7332.9%High
11Sokcho-si, Gangwon State814$713$10128.5%High
12Geoje-si, South Gyeongsang522$594$12222.1%High
13Daejeon, Daejeon500$565$7236.8%High
14Gwangju, Gwangju437$444$6433.4%High
15Chuncheon-si, Gangwon State403$960$13827.2%High
16Suwon-si, Gyeonggi Province396$614$7140.3%High
17Pohang-si, North Gyeongsang391$580$11724.6%High
18Jeju-si, Jeju Province327$1,340$12045.9%High
19Tongyeong-si, South Gyeongsang297$598$10624.4%High
20Sibyeon-ri, Gangwon State263$516$9419.9%High
21Boryeong-si, South Chungcheong259$506$13616.2%High
22Ulsan, Ulsan241$622$13225.6%High
23Goyang-si, Gyeonggi Province239$707$7647.2%High
24Seongnam-si, Gyeonggi199$642$6952.4%Moderate
25Andong-si, North Gyeongsang198$950$13128.8%High
26Mokpo-si, South Jeolla187$671$9527.4%High
27Cheongju-si, North Chungcheong181$780$9436.8%High
28Gunsan-si, Jeonbuk State180$747$9333.4%High
29Paju-si, Gyeonggi Province159$1,150$13232.4%High
30Samcheok-si, Gangwon State155$421$11719.0%High
31Toseong-myeon, Gangwon State151$929$14327.1%High
32Yongin-si, Gyeonggi Province151$857$11235.7%High
33Donghae-si, Gangwon State148$924$12233.4%High
34Suncheon-si, South Jeolla142$637$10125.3%High
35Wonju-si, Gangwon State141$720$11630.3%High
36Seogwipo-si, Jeju Province137$1,149$11437.9%High
37Hwaseong-si, Hwaseong-si131$513$9431.2%High
38Bucheon-si, Bucheon-si129$441$4547.1%High
39Changwon-si, South Gyeongsang126$304$6528.9%High
40Bongpyeong-myeon, Gangwon State125$318$12116.7%High
41Pyeongtaek-si, Gyeonggi121$618$8537.8%High
42Anmyeon-eup, South Chungcheong120$283$10315.7%High
43Cheonan-si, South Chungcheong118$424$7630.7%High
44Seo-myeon, Gangwon State114$702$15017.8%High
45Pocheon-si, Gyeonggi113$719$15318.8%High
46Ansan, Ansan112$896$14634.0%High
47Anyang-si, Gyeonggi107$350$4937.5%High
48Jugwang-myeon, Gangwon State95$619$11320.1%High
49Jecheon-si, North Chungcheong88$832$15619.3%High
50Yangyang-gun, Gangwon Province87$573$12919.4%High
51Daegwannyeong-myeon, Gangwon State87$846$15324.2%High
52Gongju-si, South Chungcheong86$820$10729.1%High
53Chungju-si, North Chungcheong85$903$14826.5%High
54Miryang-si, South Gyeongsang84$966$19221.8%High
55Hwagae-myeon, South Gyeongsang79$656$11722.7%High
56Guri-si, Gyeonggi Province72$658$5150.8%High
57Namwon-si, Jeonbuk State72$776$10825.4%High
58Namyangju-si, Gyeonggi Province71$1,034$17427.9%High
59Seosan-si, South Chungcheong69$818$14526.1%High
60Gapyeong-gun, Gyeonggi Province66$662$13121.7%High
61Asan-si, South Chungcheong60$971$16332.8%Moderate
62Gwangju-si, Gyeonggi Province57$1,034$15226.4%High
63Jinju-si, South Gyeongsang56$528$9423.0%High
64Byeonsan-myeon, Jeonbuk State54$266$11513.3%High
65Uijeongbu-si, Gyeonggi Province52$290$5434.3%High
66Gimhae-si, South Gyeongsang52$434$8727.5%High
67Buk-myeon, Gangwon State50$423$9819.8%High
68Yeongwol-eup, Gangwon State49$474$10721.1%High
69Hanam-si, Hanam-si49$668$9639.1%Moderate
70Seolcheon-myeon, Jeonbuk State49$466$12316.1%High
71Gyeongsan-si, North Gyeongsang49$436$6933.8%High
72Seokgyo-ri, South Gyeongsang48$553$11519.6%High
73Toji-myeon, South Jeolla48$643$11423.0%High
74Siheung-si, Siheung-si46$310$8721.1%High
75Hagwangjeong-ri, Gangwon State45$399$10517.6%High
76Gimpo-si, Gimpo-si44$496$8631.6%High
77Changseon-myeon, South Gyeongsang43$627$15620.1%High
78Gwangyang-si, South Jeolla43$586$12521.4%High
79Imcho-ri, Gapyeong-gun42$858$16122.9%High
80Sejong, Sejong42$634$10644.0%Moderate
81Masan-myeon, South Jeolla42$765$11127.0%High
82Jucheong-ri, Gangwon State39$474$11522.7%High
83Mungyeong-si, North Gyeongsang39$799$15820.8%High
84Naju-si, South Jeolla39$614$13720.8%High
85Yeongju-si, North Gyeongsang36$830$13223.6%High
86Dongcheon-ri, South Gyeongsang36$551$9820.4%High
87Gumi-si, North Gyeongsang35$239$7219.6%High
88Yangsan-si, South Gyeongsang35$498$10126.5%High
89Anseong-si, Gyeonggi Province33$961$16623.9%High
90Ganggu-myeon, North Gyeongsang33$394$10816.2%High
91Taean-gun, South Chungcheong Province33$653$12620.8%High
92Sicheon-myeon, South Gyeongsang33$449$13915.0%High
93Daljeon-ri, Gapyeong-gun32$654$14419.3%High
94Gyeokpo-ri, Jeonbuk State32$472$13815.2%High
95Namjeong-myeon, North Gyeongsang31$545$13218.5%High
96Nam-myeon, Gangwon State30$399$15115.5%High
97Dunnae-myeon, Gangwon State29$588$16317.4%High
98Hwayang-eup, North Gyeongsang28$1,340$19427.2%High
99Jeryeong-ri, Gapyeong-gun27$470$15515.1%High
100Icheon-si, Gyeonggi Province27$1,053$14732.1%High

Most Profitable Airbnb Markets in South Korea by Revenue

The most profitable Airbnb cities in South Korea are those where hosts earn the highest average monthly revenue per listing — the single most telling indicator of a market's income potential. Hwayang-eup, North Gyeongsang leads with $1,340/month at $194 ADR and 27.2% occupancy. Whether you are evaluating your first STR investment or benchmarking an existing property, these top-earning Airbnb markets show where vacation rentals generate the greatest short-term rental income.

#MarketRevenue/moActive Listings (TTM)ADROccupancyRegulation
1Hwayang-eup, North Gyeongsang$1,34028$19427.2%High
2Jeju-si, Jeju Province$1,340327$12045.9%High
3Jeju, Jeju$1,2195,824$11140.1%High
4Busan, Busan$1,1684,390$10943.5%High
5Paju-si, Gyeonggi Province$1,150159$13232.4%High
6Seogwipo-si, Jeju Province$1,149137$11437.9%High
7Seoul, Seoul$1,13615,341$9252.3%High
8Icheon-si, Gyeonggi Province$1,05327$14732.1%High
9Namyangju-si, Gyeonggi Province$1,03471$17427.9%High
10Gwangju-si, Gyeonggi Province$1,03457$15226.4%High
11Gyeongju-si, North Gyeongsang$1,0301,244$13230.9%High
12Asan-si, South Chungcheong$97160$16332.8%Moderate
13Miryang-si, South Gyeongsang$96684$19221.8%High
14Anseong-si, Gyeonggi Province$96133$16623.9%High
15Chuncheon-si, Gangwon State$960403$13827.2%High
16Andong-si, North Gyeongsang$950198$13128.8%High
17Seogwipo-si, Jeju$9363,234$10133.2%High
18Toseong-myeon, Gangwon State$929151$14327.1%High
19Donghae-si, Gangwon State$924148$12233.4%High
20Chungju-si, North Chungcheong$90385$14826.5%High
21Ansan, Ansan$896112$14634.0%High
22Imcho-ri, Gapyeong-gun$85842$16122.9%High
23Yongin-si, Gyeonggi Province$857151$11235.7%High
24Daegwannyeong-myeon, Gangwon State$84687$15324.2%High
25Jecheon-si, North Chungcheong$83288$15619.3%High
26Gangneung-si, Gangwon State$8301,421$12126.9%High
27Yeongju-si, North Gyeongsang$83036$13223.6%High
28Gongju-si, South Chungcheong$82086$10729.1%High
29Seosan-si, South Chungcheong$81869$14526.1%High
30Mungyeong-si, North Gyeongsang$79939$15820.8%High
31Cheongju-si, North Chungcheong$780181$9436.8%High
32Namwon-si, Jeonbuk State$77672$10825.4%High
33Masan-myeon, South Jeolla$76542$11127.0%High
34Gunsan-si, Jeonbuk State$747180$9333.4%High
35Jeonju-si, Jeonbuk State$7231,120$9627.1%High
36Wonju-si, Gangwon State$720141$11630.3%High
37Pocheon-si, Gyeonggi$719113$15318.8%High
38Sokcho-si, Gangwon State$713814$10128.5%High
39Goyang-si, Gyeonggi Province$707239$7647.2%High
40Seo-myeon, Gangwon State$702114$15017.8%High
41Mokpo-si, South Jeolla$671187$9527.4%High
42Hanam-si, Hanam-si$66849$9639.1%Moderate
43Gapyeong-gun, Gyeonggi Province$66266$13121.7%High
44Guri-si, Gyeonggi Province$65872$5150.8%High
45Hwagae-myeon, South Gyeongsang$65679$11722.7%High
46Daljeon-ri, Gapyeong-gun$65432$14419.3%High
47Taean-gun, South Chungcheong Province$65333$12620.8%High
48Toji-myeon, South Jeolla$64348$11423.0%High
49Seongnam-si, Gyeonggi$642199$6952.4%Moderate
50Suncheon-si, South Jeolla$637142$10125.3%High
51Sejong, Sejong$63442$10644.0%Moderate
52Changseon-myeon, South Gyeongsang$62743$15620.1%High
53Ulsan, Ulsan$622241$13225.6%High
54Jugwang-myeon, Gangwon State$61995$11320.1%High
55Pyeongtaek-si, Gyeonggi$618121$8537.8%High
56Suwon-si, Gyeonggi Province$614396$7140.3%High
57Naju-si, South Jeolla$61439$13720.8%High
58Yeosu-si, South Jeolla$6001,013$11422.9%High
59Tongyeong-si, South Gyeongsang$598297$10624.4%High
60Geoje-si, South Gyeongsang$594522$12222.1%High
61Dunnae-myeon, Gangwon State$58829$16317.4%High
62Gwangyang-si, South Jeolla$58643$12521.4%High
63Pohang-si, North Gyeongsang$580391$11724.6%High
64Yangyang-gun, Gangwon Province$57387$12919.4%High
65Daejeon, Daejeon$565500$7236.8%High
66Seokgyo-ri, South Gyeongsang$55348$11519.6%High
67Dongcheon-ri, South Gyeongsang$55136$9820.4%High
68Namjeong-myeon, North Gyeongsang$54531$13218.5%High
69Incheon, Incheon$5361,882$8628.3%High
70Jinju-si, South Gyeongsang$52856$9423.0%High
71Daegu, Daegu$524876$7332.9%High
72Sibyeon-ri, Gangwon State$516263$9419.9%High
73Hwaseong-si, Hwaseong-si$513131$9431.2%High
74Boryeong-si, South Chungcheong$506259$13616.2%High
75Yangsan-si, South Gyeongsang$49835$10126.5%High
76Gimpo-si, Gimpo-si$49644$8631.6%High
77Jucheong-ri, Gangwon State$47439$11522.7%High
78Yeongwol-eup, Gangwon State$47449$10721.1%High
79Gyeokpo-ri, Jeonbuk State$47232$13815.2%High
80Jeryeong-ri, Gapyeong-gun$47027$15515.1%High
81Seolcheon-myeon, Jeonbuk State$46649$12316.1%High
82Sicheon-myeon, South Gyeongsang$44933$13915.0%High
83Gwangju, Gwangju$444437$6433.4%High
84Bucheon-si, Bucheon-si$441129$4547.1%High
85Gyeongsan-si, North Gyeongsang$43649$6933.8%High
86Gimhae-si, South Gyeongsang$43452$8727.5%High
87Cheonan-si, South Chungcheong$424118$7630.7%High
88Buk-myeon, Gangwon State$42350$9819.8%High
89Samcheok-si, Gangwon State$421155$11719.0%High
90Hagwangjeong-ri, Gangwon State$39945$10517.6%High
91Nam-myeon, Gangwon State$39930$15115.5%High
92Ganggu-myeon, North Gyeongsang$39433$10816.2%High
93Anyang-si, Gyeonggi$350107$4937.5%High
94Bongpyeong-myeon, Gangwon State$318125$12116.7%High
95Siheung-si, Siheung-si$31046$8721.1%High
96Changwon-si, South Gyeongsang$304126$6528.9%High
97Uijeongbu-si, Gyeonggi Province$29052$5434.3%High
98Anmyeon-eup, South Chungcheong$283120$10315.7%High
99Byeonsan-myeon, Jeonbuk State$26654$11513.3%High
100Gumi-si, North Gyeongsang$23935$7219.6%High

Most Expensive Airbnb Markets in South Korea by Nightly Rate

The average daily rate (ADR) measures how much guests pay per night in each market, making it the clearest indicator of a city's short-term rental pricing power. Hwayang-eup, North Gyeongsang commands the highest Airbnb nightly rate in South Korea at $194/night, generating $1,340/month at 27.2% occupancy. Markets with premium nightly pricing typically feature high-demand destinations where travelers pay a significant premium over hotel alternatives.

#MarketADRActive Listings (TTM)Revenue/moOccupancyRegulation
1Hwayang-eup, North Gyeongsang$19428$1,34027.2%High
2Miryang-si, South Gyeongsang$19284$96621.8%High
3Namyangju-si, Gyeonggi Province$17471$1,03427.9%High
4Anseong-si, Gyeonggi Province$16633$96123.9%High
5Dunnae-myeon, Gangwon State$16329$58817.4%High
6Asan-si, South Chungcheong$16360$97132.8%Moderate
7Imcho-ri, Gapyeong-gun$16142$85822.9%High
8Mungyeong-si, North Gyeongsang$15839$79920.8%High
9Jecheon-si, North Chungcheong$15688$83219.3%High
10Changseon-myeon, South Gyeongsang$15643$62720.1%High
11Jeryeong-ri, Gapyeong-gun$15527$47015.1%High
12Pocheon-si, Gyeonggi$153113$71918.8%High
13Daegwannyeong-myeon, Gangwon State$15387$84624.2%High
14Gwangju-si, Gyeonggi Province$15257$1,03426.4%High
15Nam-myeon, Gangwon State$15130$39915.5%High
16Seo-myeon, Gangwon State$150114$70217.8%High
17Chungju-si, North Chungcheong$14885$90326.5%High
18Icheon-si, Gyeonggi Province$14727$1,05332.1%High
19Ansan, Ansan$146112$89634.0%High
20Seosan-si, South Chungcheong$14569$81826.1%High
21Daljeon-ri, Gapyeong-gun$14432$65419.3%High
22Toseong-myeon, Gangwon State$143151$92927.1%High
23Sicheon-myeon, South Gyeongsang$13933$44915.0%High
24Chuncheon-si, Gangwon State$138403$96027.2%High
25Gyeokpo-ri, Jeonbuk State$13832$47215.2%High
26Naju-si, South Jeolla$13739$61420.8%High
27Boryeong-si, South Chungcheong$136259$50616.2%High
28Gyeongju-si, North Gyeongsang$1321,244$1,03030.9%High
29Ulsan, Ulsan$132241$62225.6%High
30Namjeong-myeon, North Gyeongsang$13231$54518.5%High
31Yeongju-si, North Gyeongsang$13236$83023.6%High
32Paju-si, Gyeonggi Province$132159$1,15032.4%High
33Gapyeong-gun, Gyeonggi Province$13166$66221.7%High
34Andong-si, North Gyeongsang$131198$95028.8%High
35Yangyang-gun, Gangwon Province$12987$57319.4%High
36Taean-gun, South Chungcheong Province$12633$65320.8%High
37Gwangyang-si, South Jeolla$12543$58621.4%High
38Seolcheon-myeon, Jeonbuk State$12349$46616.1%High
39Geoje-si, South Gyeongsang$122522$59422.1%High
40Donghae-si, Gangwon State$122148$92433.4%High
41Bongpyeong-myeon, Gangwon State$121125$31816.7%High
42Gangneung-si, Gangwon State$1211,421$83026.9%High
43Jeju-si, Jeju Province$120327$1,34045.9%High
44Samcheok-si, Gangwon State$117155$42119.0%High
45Hwagae-myeon, South Gyeongsang$11779$65622.7%High
46Pohang-si, North Gyeongsang$117391$58024.6%High
47Wonju-si, Gangwon State$116141$72030.3%High
48Byeonsan-myeon, Jeonbuk State$11554$26613.3%High
49Seokgyo-ri, South Gyeongsang$11548$55319.6%High
50Jucheong-ri, Gangwon State$11539$47422.7%High
51Seogwipo-si, Jeju Province$114137$1,14937.9%High
52Yeosu-si, South Jeolla$1141,013$60022.9%High
53Toji-myeon, South Jeolla$11448$64323.0%High
54Jugwang-myeon, Gangwon State$11395$61920.1%High
55Yongin-si, Gyeonggi Province$112151$85735.7%High
56Jeju, Jeju$1115,824$1,21940.1%High
57Masan-myeon, South Jeolla$11142$76527.0%High
58Busan, Busan$1094,390$1,16843.5%High
59Namwon-si, Jeonbuk State$10872$77625.4%High
60Ganggu-myeon, North Gyeongsang$10833$39416.2%High
61Gongju-si, South Chungcheong$10786$82029.1%High
62Yeongwol-eup, Gangwon State$10749$47421.1%High
63Sejong, Sejong$10642$63444.0%Moderate
64Tongyeong-si, South Gyeongsang$106297$59824.4%High
65Hagwangjeong-ri, Gangwon State$10545$39917.6%High
66Anmyeon-eup, South Chungcheong$103120$28315.7%High
67Yangsan-si, South Gyeongsang$10135$49826.5%High
68Sokcho-si, Gangwon State$101814$71328.5%High
69Suncheon-si, South Jeolla$101142$63725.3%High
70Seogwipo-si, Jeju$1013,234$93633.2%High
71Buk-myeon, Gangwon State$9850$42319.8%High
72Dongcheon-ri, South Gyeongsang$9836$55120.4%High
73Hanam-si, Hanam-si$9649$66839.1%Moderate
74Jeonju-si, Jeonbuk State$961,120$72327.1%High
75Mokpo-si, South Jeolla$95187$67127.4%High
76Sibyeon-ri, Gangwon State$94263$51619.9%High
77Jinju-si, South Gyeongsang$9456$52823.0%High
78Cheongju-si, North Chungcheong$94181$78036.8%High
79Hwaseong-si, Hwaseong-si$94131$51331.2%High
80Gunsan-si, Jeonbuk State$93180$74733.4%High
81Seoul, Seoul$9215,341$1,13652.3%High
82Siheung-si, Siheung-si$8746$31021.1%High
83Gimhae-si, South Gyeongsang$8752$43427.5%High
84Gimpo-si, Gimpo-si$8644$49631.6%High
85Incheon, Incheon$861,882$53628.3%High
86Pyeongtaek-si, Gyeonggi$85121$61837.8%High
87Cheonan-si, South Chungcheong$76118$42430.7%High
88Goyang-si, Gyeonggi Province$76239$70747.2%High
89Daegu, Daegu$73876$52432.9%High
90Daejeon, Daejeon$72500$56536.8%High
91Gumi-si, North Gyeongsang$7235$23919.6%High
92Suwon-si, Gyeonggi Province$71396$61440.3%High
93Gyeongsan-si, North Gyeongsang$6949$43633.8%High
94Seongnam-si, Gyeonggi$69199$64252.4%Moderate
95Changwon-si, South Gyeongsang$65126$30428.9%High
96Gwangju, Gwangju$64437$44433.4%High
97Uijeongbu-si, Gyeonggi Province$5452$29034.3%High
98Guri-si, Gyeonggi Province$5172$65850.8%High
99Anyang-si, Gyeonggi$49107$35037.5%High
100Bucheon-si, Bucheon-si$45129$44147.1%High

Highest Occupancy Airbnb Markets in South Korea

Airbnb occupancy rate measures the percentage of available nights actually booked — the most telling indicator of short-term rental demand in a market. Seoul, Seoul leads South Korea with 52.3% occupancy, $1,136/month revenue, and 15,341 active listings. Markets with the highest STR occupancy rates reflect strong, sustained guest demand — a critical signal for investors evaluating where properties will stay consistently booked year-round. This ranking is filtered to markets with 300+ listings to ensure statistical reliability.

#MarketOccupancyActive Listings (TTM)Revenue/moADRRegulation
1Seoul, Seoul52.3%15,341$1,136$92High
2Jeju-si, Jeju Province45.9%327$1,340$120High
3Busan, Busan43.5%4,390$1,168$109High
4Suwon-si, Gyeonggi Province40.3%396$614$71High
5Jeju, Jeju40.1%5,824$1,219$111High
6Daejeon, Daejeon36.8%500$565$72High
7Gwangju, Gwangju33.4%437$444$64High
8Seogwipo-si, Jeju33.2%3,234$936$101High
9Daegu, Daegu32.9%876$524$73High
10Gyeongju-si, North Gyeongsang30.9%1,244$1,030$132High
11Sokcho-si, Gangwon State28.5%814$713$101High
12Incheon, Incheon28.3%1,882$536$86High
13Chuncheon-si, Gangwon State27.2%403$960$138High
14Jeonju-si, Jeonbuk State27.1%1,120$723$96High
15Gangneung-si, Gangwon State26.9%1,421$830$121High
16Pohang-si, North Gyeongsang24.6%391$580$117High
17Yeosu-si, South Jeolla22.9%1,013$600$114High
18Geoje-si, South Gyeongsang22.1%522$594$122High

How to Choose an Airbnb Investment Market in South Korea

No single ranking tells the full story. The best Airbnb market for a given investor depends on their capital, risk tolerance, operating model, and income goals. The four ranking dimensions on this page — market depth, revenue, ADR, and occupancy — serve different investor profiles.

If you prioritize predictable cash flow, start with the occupancy rankings. Markets where occupancy exceeds 55% offer consistent bookings and lower vacancy risk. High-occupancy markets may not have the highest nightly rates, but their revenue stability makes them better suited for mortgage-backed investments where monthly debt coverage matters more than peak earnings.

If you're targeting maximum income per property, use the revenue rankings. Revenue is the product of nightly rate and occupancy — it captures the combined effect of both. The highest-revenue Airbnb markets in South Korea tend to be destination cities where travelers stay longer and pay a premium for entire-home listings.

If you're evaluating luxury or premium positioning, the ADR rankings show where guests are willing to pay top dollar per night. High-ADR markets reward property upgrades, professional photography, and amenity investments. However, a high nightly rate with low occupancy may generate less income than a moderately priced listing that stays booked consistently.

If you want the deepest market data, the active listings rankings identify cities with the largest short-term rental supply. More listings mean more comparable properties for pricing, more data points for revenue projections, and typically a more liquid resale market if your investment thesis changes.

In all cases, check the regulation column before committing capital. A profitable market with high regulation may require permits, annual caps on rental days, or costly compliance steps that erode returns. Markets with low regulation offer faster time-to-market but may tighten rules as STR supply grows.

Short-Term Rental Regulation in South Korea

Understanding the regulatory environment is critical for any Airbnb investment in South Korea. Regulation affects licensing costs, annual operating limits, tax obligations, and the long-term viability of a short-term rental strategy.

Across the 100 markets ranked on this page: 0 have a low regulation profile (generally operator-friendly with minimal licensing requirements), 0 have medium regulation (some permit or registration requirements), and 96 have high regulation (strict licensing, annual rental day caps, or active enforcement). Markets with low regulation offer the lowest barrier to entry, while high-regulation markets may still be profitable — but require careful compliance planning and often limit the number of properties a single operator can manage.

AirROI classifies regulation as a market-level signal based on available ordinance data and platform registration patterns. This is not legal advice — always verify current local ordinances, as short-term rental rules can change rapidly, especially in high-growth markets where municipalities are actively responding to STR expansion.

How We Rank the Best Airbnb Investment Markets in South Korea

This page ranks Airbnb markets in South Korea across four dimensions that matter most to short-term rental investors and operators: market depth (active listings), revenue potential (monthly income per listing), pricing power (average daily rate), and booking demand (occupancy rate). Each ranking uses the same underlying dataset but sorts by a different metric, giving you multiple lenses to evaluate where to invest in Airbnb in South Korea.

No single metric tells the full story. A market with high ADR but low occupancy may underperform one with moderate pricing and strong demand. Revenue captures the combined effect of rate and occupancy, while active listings signal whether a market has enough depth for reliable benchmarking and a liquid resale environment. We include regulation data alongside every ranking so you can weigh compliance risk before committing capital.

Ranking Methodology & Data Sources

  • Active Listings (TTM): The count of active short-term rental listings in each market over the trailing twelve months — a proxy for market maturity, data reliability, and investor confidence in South Korea.
  • Monthly Revenue: Average gross revenue per listing per month — the bottom-line metric for evaluating Airbnb profitability in South Korea and projecting cash flow.
  • Average Daily Rate (ADR): The mean nightly booking price across all active listings — the clearest measure of a market's short-term rental pricing power.
  • Occupancy Rate: Percentage of available nights booked — the demand signal that determines how much of your nightly rate converts to actual income. Occupancy rankings are filtered to markets with 300+ listings to exclude small markets with unreliable averages.
  • Regulation: An indicator of the local regulatory climate in South Korea, from low (operator-friendly) to high (strict licensing and enforcement) — essential for assessing compliance risk.

All data is sourced from AirROI's proprietary analytics pipeline, which tracks 20,000,000+ properties across 190+ countries. Metrics are recalculated on a rolling basis using trailing twelve-month aggregates from active listings. For full methodology, see the data methodology page.

Frequently Asked Questions About the Best Airbnb Markets in South Korea

These quick answers summarize the most common investor and operator questions using AirROI's latest market data for South Korea.

What are the best places to invest in Airbnb in South Korea?

Seoul, Seoul leads this ranking for South Korea with 15,341 active listings — the largest market by depth. Markets are ranked by listing count because deeper markets offer more comparable data, more pricing benchmarks, and a more predictable operating environment for investors. Each row also shows revenue, ADR, occupancy, and regulation so investors can evaluate based on what matters most to them.

Which market has the highest Airbnb revenue in South Korea?

Hwayang-eup, North Gyeongsang posts the highest average monthly revenue in this ranking at $1,340. Revenue leaders often combine healthy rates, solid occupancy, and enough listing scale to support repeatable operations rather than one-off outliers.

Which market has the strongest Airbnb occupancy in South Korea?

Seongnam-si, Gyeonggi has the highest occupancy rate in this comparison at 52.4%. High occupancy can signal resilient demand, but investors still need to balance it against nightly rates, regulation, and supply depth before deciding where to buy or operate.

Is short-term rental investing still profitable in South Korea in 2026?

The markets ranked here average 27.3% occupancy, and the top performer posts $1,340 in monthly revenue. Profitability depends on property acquisition cost, local operating expenses, and regulation compliance — but the data shows active, performing markets exist across South Korea for well-researched investors.

How often are AirROI's top Airbnb market rankings updated?

AirROI updates these rankings using the latest market snapshot available in the dataset, which for this page is anchored to 2026. Rankings should be treated as current market intelligence rather than permanent truths because pricing, demand, regulation, and supply can all shift over time.

What metrics should I use to evaluate Airbnb investments in South Korea?

The most important metrics for comparing short-term rental markets are active listing count (market depth and data reliability), occupancy rate (demand consistency), average daily rate (pricing power), monthly revenue (income potential), and regulation level (compliance cost and risk). This ranking sorts by market depth first; use the other columns to filter for the profile that fits your investment strategy.

What makes a good Airbnb market for first-time investors in South Korea?

First-time investors in South Korea should prioritize markets with high occupancy (55%+) and low regulation, which reduce the risk of empty calendars and compliance surprises. Markets with 200+ active listings also provide better benchmarking data and a more predictable operating environment. Revenue is important, but consistent demand is more forgiving for operators still learning pricing and guest management.

What is a good Airbnb occupancy rate in South Korea?

Across the markets ranked here, the average occupancy rate in South Korea is 27.3%. Occupancy above 50% is generally considered healthy for short-term rentals, and above 65% signals strong, sustained demand. However, the best occupancy rate depends on pricing strategy — some hosts maximize revenue by targeting fewer bookings at higher nightly rates rather than maximizing booking volume.

How does regulation affect Airbnb investment returns in South Korea?

Regulation is one of the most overlooked risks in short-term rental investing. In South Korea, 0 of 100 ranked markets have low regulation, 0 have medium, and 96 have high. High-regulation markets often require permits, limit annual rental days, or impose occupancy taxes — all of which reduce net returns. Low-regulation markets offer faster time-to-market and lower compliance costs, but rules can tighten as STR supply grows.

What is the difference between ADR and RevPAR for Airbnb investing?

ADR (Average Daily Rate) is the average nightly price guests pay, while RevPAR (Revenue Per Available Rental night) factors in both price and occupancy. A market with $200 ADR and 50% occupancy has $100 RevPAR — the same as a market with $125 ADR and 80% occupancy. RevPAR is a better single-number benchmark for comparing markets because it captures how effectively nightly rates convert to realized income. AirROI's city-level reports include RevPAR with percentile breakdowns for deeper analysis.

How many Airbnb listings does a market need to be investable in South Korea?

Markets with fewer than 100 active listings can show volatile averages that do not predict future performance. The median market in this South Korea ranking has about 87 listings. Larger markets (500+) offer more reliable data, more comparable properties for pricing, and typically a more liquid exit if you decide to sell. Smaller markets can still be profitable, but investors should treat the data as directional rather than precise.

How do seasonal and year-round Airbnb markets differ in South Korea?

Seasonal markets in South Korea experience dramatic swings in booking demand — often earning 60-70% of annual revenue in just 3-4 peak months. Year-round markets deliver steadier cash flow with lower peak-to-trough variation. Investors who need predictable monthly income should prioritize high-occupancy markets with low seasonal variance, while those comfortable with cash-flow timing can target seasonal markets where peak rates compensate for off-season softness.

About AirROI Market Data

AirROI tracks over 20 million properties across 190+ countries and maintains 15+ years of historical performance data, making it one of the deepest Airbnb and STR intelligence platforms available. The analytics pipeline aggregates listing-level data monthly — revenue, occupancy, nightly rates, RevPAR, guest demographics, booking patterns, and competitive supply — so investors and operators can benchmark any market against its own history and against neighboring destinations.

Real estate investors, property managers, financial institutions, hospitality consultants, and academic researchers rely on AirROI data to underwrite acquisitions, optimize pricing, model macro trends, and conduct peer-reviewed research. Data is available through in-depth market reports, the data portal for bulk downloads, the Airbnb API with 22 endpoints, and an Airbnb MCP Server for AI agents.

All metrics reflect trailing twelve-month aggregates from active listings as of 2026-05-04. Revenue figures are market averages, not projections. For full methodology, see the data methodology page.

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