Poor to moderate rental yields in Hanoi and Ho Chi Minh City, Vietnam

Residential Valuation Specialist | December 23, 2022

Last Updated: Dec. 14, 2022
HANOI - Apartments COST ($) YIELD (p.a.)
TO BUY MONTHLY RENT
Nam Từ Liêm
Studio $63,492 $340 6.43%
1-Bedroom $122,751 $531 5.19%
2-Bedroom $173,545 $722 4.99%
3-Bedroom $292,064 $1,423 5.85%
4+Bedroom $761,906 $3,185 5.02%
Cầu Giấy
Studio $76,191 $340 5.35%
1-Bedroom $139,683 $595 5.11%
2-Bedroom $207,408 $765 4.43%
3-Bedroom $371,641 $1,062 3.43%
Hoàng Ma
Studio $48,677 $265 6.53%
1-Bedroom $100,741 $382 4.55%
2-Bedroom $149,757 $467 3.74%
Hà Đông
Studio $67,725 $425 7.53%
1-Bedroom $99,471 $467 5.63%
2-Bedroom $139,683 $499 4.29%
3-Bedroom $188,360 $552 3.52%
4+Bedroom $329,948 $1,104 4.02%
Thanh Xuân
Studio $36,402 $348 11.47%
1-Bedroom $137,566 $595 5.19%
2-Bedroom $210,159 $765 4.47%
3-Bedroom $380,953 $765 2.41%
Bắc Từ Liêm
Studio $110,053 $340 3.71%
1-Bedroom $122,751 $488 4.77%
2-Bedroom $196,826 $658 4.01%
3-Bedroom $334,392 $1,062 3.81%
4+Bedroom $419,048 $1,911 5.47%
Hai Bà Trưng
Studio $93,122 $467 6.02%
1-Bedroom $169,312 $637 4.51%
2-Bedroom $245,503 $722 3.53%
3-Bedroom $372,487 $1,126 3.63%
4+Bedroom $518,519 $1,487 3.44%
Đống Đa
Studio $45,503 $319 8.41%
1-Bedroom $152,381 $680 5.35%
2-Bedroom $270,900 $765 3.39%
3-Bedroom $431,747 $956 2.66%
Tây Hồ
Studio $114,286 $462 4.85%
1-Bedroom $150,265 $637 5.09%
2-Bedroom $256,085 $1,062 4.89%
3-Bedroom $495,239 $1,274 3.09%
4+Bedroom $825,398 $1,911 2.78%
Long Biên
Studio $105,820 $350 3.97%
1-Bedroom $107,556 $425 4.74%
2-Bedroom $166,984 $552 3.97%
3-Bedroom $296,297 $849 3.44%
Gia Lâm
Studio $55,027 $251 5.47%
1-Bedroom $79,577 $297 4.48%
2-Bedroom $110,053 $425 4.63%
Ba Đình
Studio $194,709 $488 3.01%
1-Bedroom $262,434 $765 3.50%
2-Bedroom $486,773 $1,062 2.62%
3-Bedroom $698,414 $2,928 5.03%
4+Bedroom $1,058,203 $5,096 5.78%
Hanoi avg. Rental Yields 4.68%
HO CHI MINH CITY - Apartments COST ($) YIELD (p.a.)
TO BUY MONTHLY RENT
District 2
Studio $131,663 $553 5.04%
1-Bedroom $216,607 $723 4.01%
2-Bedroom $365,258 $1,489 4.89%
3-Bedroom $1,061,798 $2,979 3.37%
4+Bedroom $1,569,337 $3,128 2.39%
District 7
Studio $82,820 $298 4.32%
1-Bedroom $135,910 $532 4.70%
2-Bedroom $242,090 $851 4.22%
3-Bedroom $305,798 $1,277 5.01%
4+Bedroom $1,061,798 $3,064 3.46%
Bình Thạnh
Studio $135,910 $638 5.63%
1-Bedroom $182,629 $723 4.75%
2-Bedroom $348,270 $1,106 3.81%
3-Bedroom $749,629 $1,953 3.13%
4+Bedroom $934,382 $4,468 5.74%
District 9
Studio $84,944 $234 3.31%
1-Bedroom $99,809 $298 3.58%
2-Bedroom $145,466 $383 3.16%
Thủ Đức
Studio $82,820 $255 3.69%
1-Bedroom $118,921 $340 3.43%
2-Bedroom $184,753 $404 2.62%
District 4
Studio $131,663 $553 5.04%
1-Bedroom $199,618 $766 4.60%
2-Bedroom $293,056 $1,064 4.36%
Tân Phú
Studio $95,562 $298 3.74%
1-Bedroom $116,798 $426 4.38%
2-Bedroom $157,146 $511 3.90%
District 8
Studio $76,449 $298 4.68%
1-Bedroom $98,535 $383 4.66%
2-Bedroom $126,991 $457 4.32%
Binh Chanh
Studio $75,600 $255 4.05%
1-Bedroom $95,562 $277 3.48%
2-Bedroom $135,910 $319 2.82%
District 12
Studio $65,831 $255 4.65%
1-Bedroom $92,164 $298 3.88%
2-Bedroom $124,230 $319 3.08%
Nhà Bè
Studio $73,052 $319 5.24%
1-Bedroom $104,056 $426 4.91%
2-Bedroom $139,095 $574 4.95%
3-Bedroom $193,247 $766 4.76%
4+Bedroom $244,213 $777 3.82%
Tân Bình
Studio $91,315 $383 5.03%
1-Bedroom $146,528 $553 4.53%
2-Bedroom $201,742 $596 3.55%
3-Bedroom $263,326 $681 3.10%
District 6
Studio $101,933 $362 4.26%
1-Bedroom $135,910 $426 3.76%
2-Bedroom $163,517 $533 4.06%
3-Bedroom $348,270 $574 1.98%
Phú Nhuận
Studio $101,933 $426 5.02%
1-Bedroom $199,618 $681 4.09%
2-Bedroom $237,843 $851 4.29%
Distrcit 10
Studio $152,899 $595 4.67%
1-Bedroom $246,337 $766 3.73%
2-Bedroom $361,011 $936 3.11%
3-Bedroom $590,359 $1,362 2.77%
Distrcit 12
Studio $65,831 $255 4.65%
1-Bedroom $91,739 $298 3.90%
2-Bedroom $124,230 $319 3.08%
Gò Vấp
Studio $125,929 $234 2.23%
1-Bedroom $99,809 $362 4.35%
2-Bedroom $182,629 $426 2.80%
Ho Chi Minh City avg. Rental Yields 4.01%
DA NANG - Apartments COST ($) YIELD (p.a.)
TO BUY MONTHLY RENT
Da Nang (all locations)
Studio $64,557 $340 6.32%
1-Bedroom $177,957 $425 2.87%
2-Bedroom $187,726 $552 3.53%
Da Nang avg. Rental Yields 4.24%
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 Definitions: Data FAQ See also: Update Schedule

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Gross rental yields in Hanoi and Ho Chi Minh City - the return earned on the purchase price of a rental property, before taxation, vacancy costs, and other costs - are quite attractive. We see that yields of between 2.41% and 11.47% are available in Hanoi, depending on the district but still the overall average for the city is 4.68%. In Ho Chi Minh City yields are slightly lower but more consistent, at between 1.98% to 5.63%, again depending on the district. The average for the city is 4.01%.

In Da Nang the rental yields are between 2.87% and 6.32% with an average of 4.24%.

Round trip transaction costs are low in Vietnam. See our Property transaction costs analysis for Vietnam and Property transaction costs in Vietnam, compared to the rest of Asia.