Apartment Rentals in Vietnam – July 2026

Vietnam's apartment rental market is growing rapidly, particularly in major cities such as Hanoi, Ho Chi Minh City, Da Nang, and Binh Duong. As urban populations continue to expand, renting a home has become a preferred choice for many people, including young professionals, expatriates, workers, and young families.

Factors Affecting the Apartment Rental Market

Rising Demand for Apartment Rentals

• The migration of workers from provinces to major cities has significantly increased rental demand.
• Remote working trends and long-term renting instead of home ownership are becoming more common.
• Foreign experts, international students, and long-term tourists also contribute to a stable demand.

Rental Prices Remain Stable

• Apartment rental prices are currently relatively stable due to abundant housing supply.
• Central locations continue to command higher rents, while suburban areas offer more affordable options.
• Fully furnished apartments with better amenities generally achieve higher rental rates than unfurnished units.

Growth of Satellite Urban Areas

• New urban developments in Long Bien, Dong Anh (Hanoi), and Thu Duc, Nha Be (Ho Chi Minh City) are expanding the rental market.
• Improved transportation infrastructure makes commuting from suburban areas more convenient.
• Rental prices in satellite urban areas are typically lower, attracting more tenants.

Apartment Rental Segments

Luxury Apartments

Target tenants: Foreign professionals, business executives, and high-income earners.

Features: Prime city-center locations with premium amenities such as swimming pools, fitness centers, and 24/7 security.

Rental range: Approximately VND 20–50 million per month, depending on location and facilities.

Mid-Range Apartments

Target tenants: Office workers, young families, and middle-income residents.

Features: Located in districts outside the city center, with essential amenities such as supermarkets, schools, and recreational areas.

Rental range: Approximately VND 7–15 million per month.

Affordable Apartments

Target tenants: Students and low-income workers.

Features: Smaller units, usually between 30–50 square meters, with fewer premium amenities.

Rental range: Approximately VND 4–7 million per month.

Future Trends in the Apartment Rental Market

Rental Prices Expected to Remain Stable or Increase Slightly

• Growing demand may lead to moderate rent increases in central districts.
• Newly developed urban areas with affordable rental rates are expected to attract more tenants.

Growth of Short-Term Apartment Rentals

• Daily and weekly rental models are becoming increasingly popular due to tourism growth and flexible working arrangements.
• Platforms such as Airbnb have made short-term rentals more accessible and efficient.

Vietnam's apartment rental market continues to grow and offers significant potential for the future. Rising demand, technological adoption, and the expansion of new urban developments make this sector attractive for both tenants and property investors.