DaejeonSmart Money Zone

Ojeong-dong Rent Prices in Daejeon 2026

Wholesale HubStudent Budget ZoneNo-Frills LivingLogistics Core
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Our Verdict

"Smart Money"

At a median of €9.5/m², this is a textbook SMART_MONEY play for those who value function over form. You aren't paying for 'lifestyle' here; you are paying for cheap square footage and proximity to the wholesale trade or campus. Our neighborhood analysis shows that while the aesthetic is lacking, the investment outlook is anchored by a permanent student population that keeps vacancy rates low.

The Vibe:This area is a collision of Hannam University student life and the massive Ojeong-dong Wholesale Market. The streets are a frantic mix of delivery trucks, motorbikes, and low-rise villa housing that hasn't seen a renovation since the early 2000s. It feels industrial and lived-in, dominated by the smell of fresh produce and the sound of heavy traffic on Hanbat-daero.

The median rent price in Ojeong-dong, Daejeon is 9.5 per m² per month, 100% below the Daejeon city average of €14350/m². Based on 1 verified rental data points as of January 2026.

Market Median · Ojeong-dong

20+ data points
9.5
/m²/mo
99.9% Discountvs Daejeon avg
LowHigh
7.512.5
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I'm Paying

€0.5
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€1.5
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€8.5
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€12.5
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€20.5
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€21.5
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€23.5
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€31.5
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€32.5
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€33.5
€34
€34.5

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Est. Rating2/5
Last ScanJanuary 2026
Signal ConfidenceHigh
Market Speed
Steady
Inventory turnover focus
📈Growth Potential
Stable
Infrastructure outlook

Quick Estimate

Ojeong-dong @ 9.5/m²/mo

570

District Highlights

Market
Ojeong-dong Agricultural & Marine Products Wholesale Market
University
Hannam University Main Campus
Park
Deul-mal Children's Park
Public Office
Daedeok-gu Council
Shopping
Ojeong-dong Furniture Street

Locals Ask

Why are the m² stats lower than nearby Dunsan-dong?

Ojeong-dong lacks subway access and modern high-rises, keeping the Average Rent significantly more affordable.

Is the wholesale market noise a dealbreaker?

Only if you live on the immediate perimeter where 4 AM loading shifts are the standard wake-up call.

What is the typical building age for the €7.5/m² range?

Expect 20+ year old red-brick villas with limited insulation and steep, narrow staircases.

How is the parking situation for residents?

It is a nightmare; the narrow alleys are perpetually choked with delivery vans and student scooters.

Does the investment outlook favor new developments?

Slowly, but for now, the money stays in high-turnover student studios and small-scale commercial warehouses.

Find Rentals in Ojeong-dong

About This Data

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Data Sources

Ojeong-dong prices are sourced from real market listings and verified location scans submitted by users in Daejeon. Each neighbourhood requires multiple independent data points before publication to ensure statistical reliability.

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Methodology

We report median prices — not averages — to reduce outlier distortion. All figures are per square metre (per month). The 2/5 rating reflects price-to-value relative to local amenities, transit access, and broader market conditions in Daejeon.

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Last Updated

This page was last updated in January 2026. AI-generated insights — including the vibe description, verdict, and FAQs — are regenerated whenever the underlying price data changes to keep analysis current.