Bugok-dong Rent Prices in Ulsan 2026
Our Verdict
"Bougie"
With a median of ₩15,200/m², you are paying a premium for the 'BOUGIE' 4.0/5 rating, which in this context translates to high-earner convenience rather than aesthetic luxury. Our neighborhood analysis shows that the investment outlook is rock solid because the proximity to the plants ensures a permanent waitlist of high-income tenants. It’s not a lifestyle choice for the faint of heart, but if you work in the sector, the math of saving two hours of daily commute makes these prices worth every won.
The Vibe:Bugok-dong is the gritty engine room of Ulsan, dominated by the massive skyline of the Petrochemical Complex and heavy truck traffic on Daeam-ro. It’s a landscape of functional steel and asphalt where the air smells like industry and the workforce is strictly professional. You won't find weekend strollers here; this area is built for engineers and contractors who want to live exactly five minutes from their shift.
The median rent price in Bugok-dong, Ulsan is ₩15,200 per m² per month, 27% above the Ulsan city average of ₩12000/m². Based on 1 verified rental data points as of June 2026.
Market Median · Bugok-dong
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Neighborhood Peers
Quick Estimate
Bugok-dong @ ₩15,200/m²/mo
District Highlights
Locals Ask
Why is the average rent so high for an industrial area?
You're paying for the m² stats of being adjacent to Ulsan's highest-paying jobs, where time equals money.
Is the pollution actually noticeable?
Yes, depending on the wind direction from the refineries, you'll know exactly what's being processed that day.
How is the parking situation compared to Samsan-dong?
It's significantly better; you won't be circling the block for 20 minutes just to find a spot near your front door.
What is the long-term investment outlook for Bugok-dong?
Extremely stable, as the specialized workforce provides a recession-proof demand for local housing.
Are there decent places to eat nearby?
It's mostly 'gukbap' spots and heavy lunches for workers; for anything upscale, you'll be driving toward the city center.
Nearby in Ulsan
About This Data
Data Sources
Bugok-dong 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 4/5 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.