Gross rental yields in Vietnam: Hanoi and Ho Chi Minh

The average gross rental yield in Vietnam stands at 4.04% (Q3, 2023).

  Last Updated: Aug. 29, 2023
HANOI - Apartments COST ($) YIELD (p.a.)
TO BUY MONTHLY RENT
Nam Từ Liêm  
Studio $71,442 $336 5.64%
1-Bedroom $130,277 $546 5.03%
2-Bedroom $170,410 $651 4.58%
Cầu Giấy  
1-Bedroom $163,897 $588 4.31%
2-Bedroom $231,136 $756 3.92%
Hoàng Ma  
1-Bedroom $99,599 $378 4.55%
2-Bedroom $138,682 $462 4.00%
Hà Đông  
1-Bedroom $100,859 $462 5.50%
2-Bedroom $148,978 $546 4.40%
Thanh Xuân  
1-Bedroom $155,071 $588 4.55%
2-Bedroom $214,326 $756 4.23%
Bắc Từ Liêm  
1-Bedroom $126,074 $462 4.40%
2-Bedroom $216,427 $630 3.49%
3-Bedroom $348,805 $1,009 3.47%
Hai Bà Trưng  
Studio $77,746 $420 6.48%
1-Bedroom $159,694 $546 4.10%
2-Bedroom $235,339 $683 3.48%
Đống Đa  
1-Bedroom $136,580 $672 5.90%
2-Bedroom $315,186 $841 3.20%
Tây Hồ  
Studio $180,706 $336 2.23%
1-Bedroom $178,605 $631 4.24%
2-Bedroom $277,363 $925 4.00%
Long Biên  
1-Bedroom $105,062 $420 4.80%
2-Bedroom $165,998 $525 3.80%
Gia Lâm  
Studio $55,683 $231 4.98%
1-Bedroom $100,859 $315 3.75%
2-Bedroom $157,173 $609 4.65%
Ba Đình  
Studio $123,973 $452 4.38%
1-Bedroom $214,326 $672 3.76%
2-Bedroom $451,766 $967 2.57%
Hanoi avg. Rental Yields 4.28%
HO CHI MINH CITY - Apartments COST ($) YIELD (p.a.)
TO BUY MONTHLY RENT
District 2  
Studio $132,378 $504 4.57%
1-Bedroom $210,124 $714 4.08%
2-Bedroom $411,843 $1,114 3.25%
3-Bedroom $924,545 $2,858 3.71%
District 7  
Studio $84,050 $336 4.80%
1-Bedroom $147,087 $588 4.80%
2-Bedroom $235,339 $841 4.29%
3-Bedroom $361,413 $1,156 3.84%
Bình Thạnh  
Studio $141,203 $357 3.03%
1-Bedroom $205,921 $630 3.67%
2-Bedroom $336,198 $1,051 3.75%
District 9  
Studio $77,746 $231 3.57%
1-Bedroom $109,264 $315 3.46%
2-Bedroom $144,985 $378 3.13%
Thủ Đức      
Studio $84,050 $263 3.75%
1-Bedroom $102,961 $336 3.92%
2-Bedroom $158,643 $557 4.21%
District 4  
Studio $118,930 $546 5.51%
1-Bedroom $197,516 $714 4.34%
2-Bedroom $268,958 $1,177 5.25%
Tân Phú      
Studio $84,050 $273 3.90%
1-Bedroom $111,366 $420 4.53%
2-Bedroom $147,087 $525 4.28%
District 8      
Studio $81,948 $315 4.61%
1-Bedroom $99,599 $357 4.30%
2-Bedroom $164,737 $546 3.98%
Binh Chanh      
Studio $71,442 $252 4.23%
1-Bedroom $102,961 $315 3.67%
2-Bedroom $144,985 $504 4.17%
District 12      
Studio $65,138 $252 4.64%
1-Bedroom $84,050 $294 4.20%
2-Bedroom $128,175 $378 3.54%
Nhà Bè      
Studio $81,094 $315 4.66%
1-Bedroom $116,409 $420 4.33%
2-Bedroom $134,479 $546 4.87%
Tân Bình  
Studio $84,050 $399 5.70%
1-Bedroom $147,086 $546 4.45%
2-Bedroom $226,934 $714 3.78%
District 6  
1-Bedroom $126,074 $378 3.60%
2-Bedroom $159,694 $504 3.79%
Phú Nhuận  
Studio $84,050 $357 5.10%
1-Bedroom $197,516 $672 4.08%
2-Bedroom $264,756 $841 3.81%
District 10      
Studio $125,654 $378 3.61%
1-Bedroom $214,326 $672 3.76%
2-Bedroom $348,805 $1,051 3.62%
Gò Vấp  
1-Bedroom $99,809 $420 5.05%
Ho Chi Minh City avg. Rental Yields 4.15%
DA NANG - Apartments COST ($) YIELD (p.a.)
TO BUY MONTHLY RENT
Da Nang (all locations)  
Studio $90,353 $332 4.41%
1-Bedroom $142,884 $420 3.53%
2-Bedroom $277,363 $714 3.09%
Da Nang avg. Rental Yields 3.68%
All yields are gross - i.e., before taxes, repair costs, ground rents, estate agents fees, and any other costs. Net yields (what you´ll really earn) are typically around 1.5% to 2% lower.
Source: Global Property Guide and Batdongsang
Vietnam´s Historic Rental Yield Data

Research Methodology: To conduct this research, we searched for studio, 1-bedroom, 2-bedroom, 3-bedroom, and 4-bedroom apartments in the largest cities of Vietnam. We used the local real estate listing website for both buying and renting prices to determine the average gross rental yields (Monthly Rent x 12 / Purchase Price).

For instance, if the monthly rent is $500 and the purchase price is $100,000, the calculation would be: $500 (Monthly Rent) x 12 / $100,000 (Purchase Price) = 6% (Gross Rental Yield).