This study conducted a comparative review of the effects and project costs of four different flood runoff reduction measures applied in the Dongnam District 1 watershed. Using the XP-SWMM model, the effects of three LID (low-impact development) technologies—infiltration trenches, permeable pavement, and green roofs—were analyzed. The results showed reductions in both peak flood discharge (32.65 m<sup>3</sup>/s → 27.85 m<sup>3</sup>/s) and total runoff volume (99,725 m<sup>3</sup> → 86,814 m<sup>3</sup>). However, the application of LID technologies alone is insufficient for mitigating flood risks. Therefore, flood reduction measures were categorized into four CASEs, combining LID technologies with conventional stormwater management facilities. The cost comparison for each CASE was as follows: CASE 1 (LID + pump) at 22.3 billion KRW, CASE 2 (LID + stormwater storage facility) at 20.3 billion KRW, CASE 3 (pump) at 20.6 billion KRW, and CASE 4 (stormwater storage facility) at 21.0 billion KRW. Despite the use of LID technologies, the project costs for CASEs 3 and 4, which utilized existing reduction methods, were higher. This indicates that integrating LID technologies with conventional reduction measures is likely the most effective approach.