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Renting in Ho Chi Minh City: deposits, leases and the all-in price

Updated 2026-11-05 · 6 min read

Drawing for Renting in Ho Chi Minh City: the ExpatCooee boomerang with the word RENTING, a door key, a wall air conditioner and an apartment tower.
Renting in Ho Chi Minh City: one key, one tower and an air con that never sleeps.

Short answer: a furnished one-bedroom in an expat area runs roughly VND 12–20 million a month in 2026, plus power and fees, and the lease is far more flexible than anything you'd sign in Sydney.

The short version

  • Furnished one-bedrooms in Thao Dien, District 1 and District 7 run about VND 12–20 million a month (roughly A$670–1,110), two-bedrooms about VND 18–30 million [1].
  • Expect a deposit of one to two months' rent. Two months is standard for furnished places [1].
  • Leases usually run six to twelve months. Shorter stays cost 10–20% more [1].
  • Ask for the all-in monthly figure: listed rents often leave out electricity, water, internet and building fees [1].
  • Your landlord must declare you to local police within 12 hours of moving in. Make it part of the deal [2].

How renting works here

Renting in Ho Chi Minh City is mostly a private, broker-led market. There's no bond authority and no standard state lease like you'd see in New South Wales or Victoria. That cuts both ways: you can negotiate almost everything, and you also have less built-in protection.

Most Australians find places through agents who specialise in foreign tenants, expat Facebook groups and listing sites. Ask any agent up front who pays their fee and whether you'll be charged anything. Expect to view several places in a day by motorbike taxi, and expect photos that flatter.

Prices are quoted in VND, sometimes in US dollars for higher-end units. Pay in VND by bank transfer where you can, and keep every receipt.

What you'll pay in 2026

These are monthly ranges for furnished apartments in areas popular with foreigners, as reported in October 2026 [1]. We've converted at roughly VND 18,000 to the Aussie dollar, close to early-2026 rates [3]. Exchange rates move, so treat the A$ column as a guide.

Type Where VND a month Roughly A$ a month
Studio District 1, Thao Dien, District 7 8–12 million A$440–670
One-bedroom District 1, Thao Dien, District 7 12–20 million A$670–1,110
One-bedroom Thao Dien specifically 14–20 million A$780–1,110
One-bedroom District 3, District 10 10–14 million A$560–780
Two-bedroom District 1, Thao Dien, District 7 18–30 million A$1,000–1,670
Three-bedroom District 1, Thao Dien, District 7 30–50 million A$1,670–2,780
Serviced studio, cleaning and utilities included Central areas From about 18 million From about A$1,000

Unfurnished places are typically 20–35% cheaper [1], but you'll need to buy furniture, a fridge and air conditioners, which rarely makes sense for a two-year posting.

Serviced apartments

If your company is paying, serviced apartments are the comfortable option: cleaning, utilities and a front desk that handles police registration. An Avison Young survey reported in late 2024 put Grade A serviced apartment rents at about US$1,490–7,400 a unit a month, with most tenants paying in the US$1,500–3,000 range, and found serviced units ran roughly 30% above ordinary apartments [4]. That's older data, so check current quotes.

The extras nobody puts in the ad

The headline rent is only part of the bill. Here's what to budget on top, using 2026 figures [1].

Extra Typical cost What to check
Electricity VND 3,500–4,500 per kWh; a one-bedroom running air con hard in summer can hit about VND 1.5 million a month Whether you're billed at the state rate or a landlord markup
Water VND 100,000–200,000 a month Sometimes included
Internet VND 200,000–300,000 a month Often bundled
Management fee VND 200,000–500,000 a month in serviced buildings Who pays it, you or the owner
Cleaning Included only in serviced apartments Whether a cleaner comes with the unit

Air conditioning is the big one. Ho Chi Minh City is hot all year, and a bedroom unit running every night adds up. Ask the landlord to show you a recent power bill for the apartment before you sign.

Signing a lease, step by step

  1. Agree the all-in price in writing. Rent, what's included, and who pays the management fee [1].
  2. Read the contract in English. Many landlords use bilingual contracts. If yours is Vietnamese only, get it translated before you sign.
  3. Check who owns it. Ask to see the ownership papers or the owner's authorisation if you're dealing with a middleman. Don't pay more than three months upfront to anyone you can't verify [1].
  4. Pay the deposit by bank transfer. One to two months is normal [1]. Get a receipt that says it's a refundable deposit.
  5. Do an inventory with photos. List every appliance and every scratch, and have both parties sign it. This is your main protection when the deposit comes back.
  6. Confirm the police declaration. The landlord or building must declare you to local police within 12 hours of you moving in, or 24 hours in remote areas [2]. Providers face fines for failing to do this [2], and staying at an undeclared address isn't allowed [5].
  7. Agree the exit terms. Note how much notice you need to give and what happens if your job ends early. Break clauses are negotiable, so negotiate one.

Getting your deposit back

Disputes usually come down to wear and tear, cleaning and unpaid utilities. Settle the final power and water bills yourself, keep your move-in photos, and do a walk-through with the landlord before you hand back the keys. Push to get the deposit back by transfer on handover day rather than "next week".

Neighbourhoods, from a renter's point of view

Since July 2025, Ho Chi Minh City runs on wards instead of districts, but everyone still uses the old names when renting [6]. Your lease will usually carry the new ward name.

  • Thao Dien (old District 2, now An Khanh ward). The classic expat landing pad. Villas and low-rise apartments near the river, plenty of western food, and two metro stops, Thao Dien and An Phu, on Line 1 [6][7]. Rents sit at the top of the range.
  • District 1 (Sai Gon and Ben Thanh wards, among others). Central high-rises and older walk-ups. Great for walking to work, noisier at night [6].
  • District 3 (Ban Co, Xuan Hoa, Nhieu Loc wards). Leafy streets and small apartment buildings with better value than District 1 [1][6].
  • Binh Thanh. A popular middle ground between the centre and Thao Dien, with newer towers and plenty of choice.
  • Phu My Hung, old District 7 (Tan My and nearby wards). Large apartments, wide streets and an established international school scene. Popular with families who want more space [6].

If you're unsure which area suits you, our moving guide compares them by lifestyle. You can also ask in Cooee Vietnam, our Facebook group for Australians in Vietnam, which buildings flood, which have reliable lifts and which managers actually answer the phone.

Common traps

  • Monsoon flooding. Some streets flood in heavy rain. Visit after a downpour if you can, and ask neighbours.
  • Construction next door. The city is building constantly. Look at empty lots around the building.
  • Paying a "holding fee" to a stranger. Never pay before you've seen the unit and the paperwork.
  • Assuming the price is fixed. Longer leases and paying a few months in advance can get you a discount, but stick to the three-month upper limit [1].
  • Forgetting the registration. Without the police declaration you can run into trouble later with visa extensions and residence card applications [5].

Sources

  1. Renting an apartment in Vietnam: monthly prices by city in 2026 – Vietnam Tourism (independent information service, updated October 2026)
  2. Declaration of temporary residence for foreigners entering and residing in Vietnam – Apolat Legal
  3. AUD to VND 2026 historical exchange rates – ValutaFX
  4. Why serviced apartment rents in Ho Chi Minh City are 30% higher than traditional units – Real Estate Asia
  5. Vietnam's temporary residence rules: what foreigners need to know – Vietcetera
  6. A post-merger guide to Ho Chi Minh City – Vietcetera
  7. Line 1 (Ho Chi Minh City Metro) – Wikipedia

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