The recent increase in impermeable surfaces due to urbanization and the occurrence of concentrated heavy rainfall events caused by climate change have led to an increase in urban flooding. To predict and prepare for flood damage, a convenient and highly accurate simulation of rainfall-runoff based on geospatial information is essential. In this study, the storm water management model (SWMM) was applied to simulate rainfall runoff in the Bangbae-dong area of Seoul, using two sets of topographical data: The conventional topographic digital elevation model (TOPO-DEM) and the proposed shuttle radar topography mission (SRTM)-DEM. To evaluate the applicability of the SRTM-DEM for rainfall-runoff modeling, two DEMs were constructed for the study area, and rainfall-runoff simulations were performed. The construction of the terrain data for the study area generally reflected the topographical characteristics of the area. Quantitative evaluation of the rainfall-runoff simulation results indicated that the outcomes were similar to those obtained using the existing TOPO-DEM. Based on the results of this study, we propose the use of SRTM-DEM, a more convenient terrain data, in rainfall-runoff studies, rather than asserting the superiority of a specific geospatial data.