Gross rental yields in Vietnam: Hanoi and Ho Chi Minh
The average gross rental yield in Vietnam stands at 3.83% (Q1, 2024). Previously, in Q3, 2023 the average gross rental yield stood at 4.02%.
- Hanoi
- Ho Chi Minh City
- Da Nang
| Last Updated: Mar. 24, 2024 | |||
| HANOI - Apartments | COST ($) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Nam Từ Liêm | |||
| Studio | $95,951 | $344 | 4.30% |
| 1-Bedroom | $144,129 | $526 | 4.38% |
| 2-Bedroom | $205,667 | $688 | 4.01% |
| 3-Bedroom | $362,145 | $1,316 | 4.36% |
| Cầu Giấy | |||
| Studio | $101,214 | $324 | 3.84% |
| 1-Bedroom | $202,429 | $567 | 3.36% |
| 2-Bedroom | $279,352 | $769 | 3.30% |
| 3-Bedroom | $380,566 | $1,215 | 3.83% |
| Hoàng Ma | |||
| 1-Bedroom | $121,457 | $405 | 4.00% |
| 2-Bedroom | $157,489 | $485 | 3.70% |
| Hà Đông | |||
| Studio | $91,093 | $385 | 5.07% |
| 1-Bedroom | $118,420 | $486 | 4.92% |
| 2-Bedroom | $190,080 | $526 | 3.32% |
| Thanh Xuân | |||
| 1-Bedroom | $168,016 | $546 | 3.90% |
| 2-Bedroom | $251,011 | $729 | 3.49% |
| Bắc Từ Liêm | |||
| 1-Bedroom | $145,748 | $485 | 3.99% |
| 2-Bedroom | $225,910 | $647 | 3.44% |
| 3-Bedroom | $322,266 | $972 | 3.62% |
| Hai Bà Trưng | |||
| Studio | $103,238 | $405 | 4.71% |
| 1-Bedroom | $194,331 | $567 | 3.50% |
| 2-Bedroom | $257,084 | $648 | 3.02% |
| Đống Đa | |||
| 1-Bedroom | $242,718 | $688 | 3.40% |
| 2-Bedroom | $323,624 | $890 | 3.30% |
| 3-Bedroom | $505,663 | $1,254 | 2.98% |
| Tây Hồ | |||
| Studio | $121,359 | $405 | 4.00% |
| 1-Bedroom | $249,797 | $627 | 3.01% |
| 2-Bedroom | $364,077 | $1,112 | 3.67% |
| 3-Bedroom | $930,421 | $2,526 | 3.26% |
| Long Biên | |||
| Studio | $101,132 | $364 | 4.32% |
| 1-Bedroom | $133,495 | $425 | 3.82% |
| 2-Bedroom | $196,197 | $607 | 3.71% |
| Gia Lâm | |||
| Studio | $67,961 | $243 | 4.29% |
| 1-Bedroom | $97,087 | $344 | 4.25% |
| 2-Bedroom | $155,744 | $607 | 4.68% |
| Ba Đình | |||
| Studio | $196,197 | $525 | 3.21% |
| 1-Bedroom | $238,673 | $647 | 3.25% |
| 2-Bedroom | $517,799 | $850 | 1.97% |
| 3-Bedroom | $798,948 | $1,011 | 1.52% |
| Hanoi avg. Rental Yields | 3.70% | ||
| HO CHI MINH CITY - Apartments | COST ($) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| District 2 | |||
| Studio | $165,857 | $445 | 3.22% |
| 1-Bedroom | $190,129 | $728 | 4.59% |
| 2-Bedroom | $396,440 | $1,295 | 3.92% |
| 3-Bedroom | $930,421 | $2,831 | 3.65% |
| 4+Bedroom | $1,800,162 | $4,045 | 2.70% |
| District 7 | |||
| Studio | $91,383 | $283 | 3.72% |
| 1-Bedroom | $153,721 | $607 | 4.74% |
| 2-Bedroom | $254,854 | $930 | 4.38% |
| 3-Bedroom | $420,712 | $1,820 | 5.19% |
| 4+Bedroom | $643,204 | $2,022 | 3.77% |
| Bình Thạnh | |||
| Studio | $117,313 | $336 | 3.44% |
| 1-Bedroom | $222,492 | $607 | 3.27% |
| 2-Bedroom | $335,760 | $1,011 | 3.61% |
| 3-Bedroom | $687,702 | $1,719 | 3.00% |
| District 9 | |||
| Studio | $79,288 | $222 | 3.36% |
| 1-Bedroom | $109,223 | $324 | 3.56% |
| 2-Bedroom | $143,608 | $425 | 3.55% |
| Thủ Đức | |||
| Studio | $76,860 | $271 | 4.23% |
| 1-Bedroom | $101,132 | $324 | 3.84% |
| 2-Bedroom | $157,767 | $465 | 3.54% |
| District 4 | |||
| Studio | $125,404 | $505 | 4.83% |
| 1-Bedroom | $190,129 | $728 | 4.59% |
| 2-Bedroom | $254,854 | $890 | 4.19% |
| Tân Phú | |||
| Studio | $95,064 | $243 | 3.07% |
| 1-Bedroom | $113,268 | $405 | 4.29% |
| 2-Bedroom | $153,721 | $485 | 3.79% |
| District 8 | |||
| Studio | $77,872 | $283 | 4.36% |
| 1-Bedroom | $96,885 | $405 | 5.02% |
| 2-Bedroom | $129,247 | $526 | 4.88% |
| Binh Chanh | |||
| Studio | $68,365 | $243 | 4.27% |
| 1-Bedroom | $97,087 | $303 | 3.75% |
| 2-Bedroom | $141,585 | $384 | 3.25% |
| District 12 | |||
| Studio | $65,736 | $243 | 4.44% |
| 1-Bedroom | $82,928 | $283 | 4.10% |
| 2-Bedroom | $115,291 | $324 | 3.37% |
| Nhà Bè | |||
| Studio | $84,951 | $283 | 4.00% |
| 1-Bedroom | $103,155 | $405 | 4.71% |
| 2-Bedroom | $124,595 | $485 | 4.67% |
| Tân Bình | |||
| Studio | $88,187 | $364 | 4.95% |
| 1-Bedroom | $132,079 | $526 | 4.78% |
| 2-Bedroom | $228,560 | $566 | 2.97% |
| District 6 | |||
| Studio | $111,650 | $425 | 4.57% |
| 1-Bedroom | $121,359 | $405 | 4.00% |
| 2-Bedroom | $142,394 | $526 | 4.43% |
| Phú Nhuận | |||
| Studio | $141,585 | $344 | 2.92% |
| 1-Bedroom | $190,129 | $647 | 4.08% |
| 2-Bedroom | $254,854 | $809 | 3.81% |
| District 10 | |||
| Studio | $99,110 | $445 | 5.39% |
| 1-Bedroom | $218,446 | $687 | 3.77% |
| 2-Bedroom | $343,851 | $930 | 3.25% |
| Gò Vấp | |||
| Studio | $62,702 | $210 | 4.02% |
| 1-Bedroom | $96,278 | $364 | 4.54% |
| 2-Bedroom | $194,174 | $607 | 3.75% |
| Ho Chi Minh City avg. Rental Yields | 4.00% | ||
| DA NANG - Apartments | COST ($) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Da Nang (all locations) | |||
| Studio | $97,087 | $344 | 4.25% |
| 1-Bedroom | $145,631 | $485 | 4.00% |
| 2-Bedroom | $214,401 | $566 | 3.17% |
| Da Nang avg. Rental Yields | 3.81% | ||
| 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 |
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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).