Property for rent in Ho Chi Minh City, Vietnam

The real estate market has correctly identified the demands of the rental market, especially those of expats coming to the city to work, on a short-term or long-term basis. There is a wide choice of properties available for rent, but you need to be clear about your requirements and understand the demographics of the districts correctly, before choosing a rental property.

All types of properties are available here.  Cheaper options for student accommodation such as rooms in shared houses, where you share the living room and kitchen and divide the cost of the utilities. If you can afford more and want to have private space, there are expensive options like independent homes, townhouses, villas, condos, penthouses, and serviced apartments. Each type comes has its advantages and disadvantages and with different budgets. The rentals vary depending on the location of the property.

Ho Chi Minh City is the largest city in Vietnam and contains 24 districts which are named by numbers, District 1, District 2 and so on. Some regions are largely occupied by native Vietnamese residents, while there are a few districts which are predominantly occupied by the expat population. Each district, depending on its proximity to schools, hospitals, markets, and recreational facilities demand different rentals for the same size and type of property. Therefore, before embarking on a property hunt, you should have your research done and prioritized the locations you wish to live in.

Popular areas of the city for the rental market

• District 1 – This district is at the center of the city and close to the main tourist attractions. It is the most preferred area by expats coming into the town for the first time. Apartments within this area command the highest rents compared to those of other districts. Serviced apartments in this district are available with all the luxurious amenities like gym, pool, sauna, underground car park and round-the-clock security. If you want to live in this area and wish to spend less on rent, then you must look into non-serviced apartments in smaller buildings, and these are limited in number.
• District 2 –Is on the other side of the Saigon River and is a short drive over the river to District 1. It’s an artistic hub with many galleries and unique shops. This area is popular with expats with families and those that want to stay near to District 1 yet away from the noise of District 1. Thao Dien Ward is famous within the district for its fine-dining restaurants, International schools.
• District 3 – Another popular district with expats because of its slower pace of life. You will see French style buildings constructed during French rule that now function as small shops, restaurants, and galleries.
• District 7 – This is one of the prominent expat areas of the city. It’s far away from the city center and has a slower pace of life. The properties in this district have been built with expats in mind as they are modern and well-constructed with all the amenities. District 7 has some of the best shops available in the city. It has almost no nightlife and is best-suited for expats with families and for older generations.
• Binh Thanh – This area is suitable for people who want to live among the Vietnamese. It’s full of tiny alleys, but the inside of the properties tell a different story and will surprise you. By living in this area, you will be closer to District 1 without having to pay the higher rentals.

Ho Chi Minh City has a cosmopolitan feel and is more liberal in its outlook. Its young population is highly ambitious and it is the commercial hub of the country which reflects in the opportunity, optimism, and the enterprising nature of the city.

When it comes to food, the city is a paradise for food lovers. You can taste traditional food like Pho (noodle soup), Banh mi (egg or meat sandwich) and Xoi ga (sticky rice with chicken or quail eggs) for very cheap prices.

Ho Chi Minh City offers a lot of recreational activities, most of which are around the city center. You have city tours, massages, spas, and boat cruises and day trips to Mekong Delta, Chu Chi Tunnels, local villages, and riverside markets.

The city has good medical facilities with both Vietnamese and International hospitals.

1. You have a choice of delicious local dishes as well as European cuisine if you are an expat and wish to try dishes native to your country.
2. The people of Ho Chi Minh City are adaptive to change which is evident, with the economy growing and property investment on the increase.
3. It’s easy to commute in the city without owning a vehicle, as the city provides plenty of options in the form of public buses, taxis, and rental bikes.