Seoul as a whole is known for its expensive housing prices—as of 2011, its average apartment cost approximately US$5,500 per m2—but the average price in Gangnam is almost twice as high, roughly US$10,000 per m2, which is 3.5 times the nationwide average.
Seoul secara keseluruhan sudah dikenal dengan harga rumah yang mahal dan pada 2011, rata-rata biaya apartemennya sekitar US$5,500 per m2, tetapi harga rata-rata di Gangnam hampir dua kali lebih tinggi, kira-kira US$10,000 per m2, yang merupakan 3,5 kali rata-rata nasional.