Paldallo 1-ga Rent Prices in Suwon-si 2026
Our Verdict
"The Grid"
At a median of $13.2/m², you are paying for the legacy location rather than modern luxury. This area earns its THE_GRID rating of 3.0/5 because most available rentals are in older buildings that lack elevators or modern insulation. Our investment outlook remains cautious; while it's a tourist magnet, the strict height restrictions near the UNESCO site prevent the kind of high-rise development that drives massive rental spikes.
The Vibe:This is the gritty, historic commercial strip leading up to Paldal-mun Gate where old-school wholesale markets meet aging low-rise retail buildings. You'll find a crowd of long-time shop owners and retirees rather than tech workers, with the Suwon Stream providing the only real break from the concrete. It is loud, traffic-heavy, and finding a parking spot is a genuine nightmare, especially on weekends when tourists clog the Hwaseong Fortress perimeter.
The median rent price in Paldallo 1-ga, Suwon-si is $13.2 per m² per month, 100% below the Suwon-si city average of $16850/m². Based on 1 verified rental data points as of June 2026.
Market Median · Paldallo 1-ga
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Neighborhood Peers
Quick Estimate
Paldallo 1-ga @ $13.2/m²/mo
District Highlights
Locals Ask
Is the $18.5/m² upper limit worth it for a renovated unit?
Rarely, as even 'renovated' units here usually sit above noisy shops with outdated plumbing and no dedicated parking.
How does the Average Rent here compare to Ingye-dong?
It's roughly 15-20% cheaper than Ingye-dong's modern studios, but you're trading nightlife and elevators for historic proximity.
Can I find a studio with an elevator in Paldallo 1-ga?
It is a struggle; most residential stock is 3-4 story walk-ups built several decades ago.
What is the neighborhood analysis on commute times?
It's a bus-heavy area; you'll be relying on the constant flow of lines passing through Paldal-mun rather than a nearby subway station.
What is the investment outlook for small-scale landlords?
Stable but stagnant, as heritage protection laws make significant redevelopment or expansion almost impossible.
Nearby in Suwon-si
About This Data
Data Sources
Paldallo 1-ga 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 3/5 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.