Suwon-siThe Grid Zone

Paldallo 1-gaRent Prices 2026

Market RatFortress WalkerParking WarriorOld City Grit
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Our Verdict

"The Grid"

At a median of $13.2/m² monthly, you’re paying for a central spot rather than actual living space quality. The area fits THE_GRID verdict because it’s a functional, high-traffic zone that lacks the polished infrastructure found in Gwanggyo. From an investment outlook perspective, don't expect a spike in value; you're buying into a stable but aging retail hub where the m² stats reflect utility over luxury.

The Vibe:This is the old-school commercial backbone of Suwon, dominated by the shadow of Paldalmun Gate and the constant movement around the traditional markets. You’re trading modern high-rise luxury for proximity to the Suwon Stream and a gritty, functional urban layout where street parking is a lost cause. Most residents here are either long-term locals or workers who need to be within walking distance of the massive 2001 Outlet.

Market Median

$13.2
/m²/mo
99.9% Discountvs Suwon-si avg
LowHigh
$9.5$18.5
Est. Rating3/5
Last ScanMarch 2026
Signal ConfidenceHigh
Market Speed
Steady
Inventory turnover focus
📈Growth Potential
Stable
Infrastructure outlook

Quick Estimate

Paldallo 1-ga @ $13.2/m²/mo

$792

District Highlights

Grocery
Paldalmun Market (Traditional)
Shopping
2001 Outlet Suwon
Landmark
Suwon Hwaseong Fortress (Paldalmun)
Public Space
Suwoncheon Stream
Hospital
St. Vincent's Hospital (Nearby)

Locals Ask

Why is the price range for Paldallo 1-ga so wide at $9.5-$18.5/m²?

It depends entirely on whether you're in a crumbling low-rise or one of the few renovated commercial-residential units near the main road.

Is the average rent here competitive compared to Ingye-dong?

It's often cheaper than Ingye-dong's newer builds, but you'll deal with much older buildings and significantly more noise.

What’s the parking situation like for these m² stats?

It is a disaster; if your unit doesn't come with a dedicated spot, expect to pay a premium at public lots or give up on owning a car.

Is this area undergoing any major gentrification?

Not really; the neighborhood is strictly protected due to the UNESCO Fortress status, so the physical landscape remains fairly stagnant.

How does the neighborhood analysis look for public transport?

You are reliant on buses; while dozens of lines pass through Paldalmun, the walk to Suwon Station is a solid 20-minute slog.