약사동 Rent Prices in Ulsan 2026
Our Verdict
"The Grid"
With a median of $8.2/m², you are paying for stability, not excitement. We categorize this area as THE_GRID because it’s a functional, mid-tier choice that offers zero surprises and reliable, if uninspired, housing stock. The investment outlook is flat, making it a decent spot to park yourself if you work in the public sector, but the $10.5/m² upper limit is a stretch for what is essentially a quiet sleeper suburb.
The Vibe:This is a strictly residential pocket dominated by the Ulsan Metropolitan Office of Education and a cluster of schools, meaning the pace is dictated by the academic calendar. You won't find a nightlife scene here; instead, it's about predictable foot traffic along the Yaksa Stream and a total reliance on the local bus network since there is no subway access. It’s the kind of place where the silence is only broken by the 8:00 AM school rush around Yaksa Elementary.
The median rent price in 약사동, Ulsan is $8.2 per m² per month, 100% below the Ulsan city average of $12000/m². Based on 1 verified rental data points as of June 2026.
Market Median · 약사동
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Neighborhood Peers
Quick Estimate
약사동 @ $8.2/m²/mo
District Highlights
Locals Ask
Does the Average Rent reflect the transit situation?
Not really; you're paying for the school district. Without a car, the lack of a rail link makes the $8.2/m² median feel slightly overpriced for commuters.
What do the m² stats reveal about the building age?
The $6.1/m² floor usually signals 20-year-old apartment stock, while anything hitting the $10.5/m² mark is likely a newer build near the Innovation City border.
Is parking actually manageable in Yaksa-dong?
In the older villa zones, it's a total disaster after 7 PM. Stick to the established apartment complexes if you don't want to fight for a spot on the curb every night.
What is the Investment outlook for this specific zone?
Low volatility but low growth. It’s a safe place to hold property due to the schools, but don't expect the rapid rental hikes seen in Nam-gu.
Is this neighborhood analysis recommending it for young professionals?
Only if you value peace over coffee shops. There is almost no social infrastructure here for anyone who isn't raising a student.
Nearby in Ulsan
About This Data
Data Sources
약사동 prices are sourced from real market listings and verified location scans submitted by users in Ulsan. Each neighbourhood requires multiple independent data points before publication to ensure statistical reliability.
Methodology
We report median prices — not averages — to reduce outlier distortion. All figures are per square metre (per month). The 3/5 rating reflects price-to-value relative to local amenities, transit access, and broader market conditions in Ulsan.
Last Updated
This page was last updated in June 2026. AI-generated insights — including the vibe description, verdict, and FAQs — are regenerated whenever the underlying price data changes to keep analysis current.