Namsu-dong Rent Prices in Suwon-si 2026
Our Verdict
"Bougie"
At a median ₩23000/m², Namsu-dong is officially 'BOUGIE' and you are paying a premium for the UNESCO-adjacent lifestyle rather than modern amenities. The investment outlook is aggressive as speculators flip older properties into upscale commercial-residential hybrids, driving up the m² stats. It is worth the price only if you prioritize aesthetic history over having an elevator or a guaranteed parking spot.
The Vibe:Living inside the Hwaseong Fortress walls means navigating narrow alleys where renovated hanoks sit next to stubborn, decades-old villas. The Suwoncheon stream cuts through the area, providing a rare strip of open space in a district defined by strict height limits and zero street parking. It is a walk-heavy zone where the 2-4 bus is your lifeline to Suwon Station because driving here is a logistical headache.
The median rent price in Namsu-dong, Suwon-si is ₩23,000 per m² per month, 36% above the Suwon-si city average of ₩16850/m². Based on 1 verified rental data points as of June 2026.
Market Median · Namsu-dong
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Quick Estimate
Namsu-dong @ ₩23,000/m²/mo
District Highlights
Locals Ask
Is the ₩31500/m² upper limit justified?
Only for high-end renovations with direct fortress wall views; anything else at that price is a rip-off.
What is the parking situation like for renters?
Abysmal. If your lease doesn't include a private spot, expect to pay for a monthly pass at the Paldalmun public lot or walk 15 minutes.
Does Namsu-dong have good subway access?
No. You are reliant on buses to Maegyo Station or Suwon Station, which can take 20 minutes in heavy traffic.
How does the Average Rent compare to nearby Ingye-dong?
Namsu-dong is pricier per square meter because the housing stock is limited by heritage protection laws, unlike Ingye’s high-rise density.
What should I check before signing a contract here?
Insulation and water pressure. These older buildings look great in photos but often fail the 'Suwon winter' test.
Nearby in Suwon-si
About This Data
Data Sources
Namsu-dong prices are sourced from real market listings and verified location scans submitted by users in Suwon-si. 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 Suwon-si.
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.