How to Rent a Home in Vietnam

Navigating the process of renting a home in Vietnam for the first time can feel overwhelming. Numerous questions might arise: Should I consult a lawyer? Are appliances typically included in rentals? How can I discover quality rental properties? Which neighborhoods will best suit my needs? These are just the tip of the iceberg. Dive in for answers to these pressing questions and gain insights from our members who've made Vietnam their home.

"Relocating to a new country can be a daunting task, especially when it comes to finding a place to live. If you're planning to move to Vietnam, this guide will provide you with all the necessary information about renting an apartment. From finding a rental property to understanding the legalities involved, this guide will help you navigate the rental market in Vietnam with ease.

How Do You Find a Rental Property in Vietnam?

There are several ways to find rental properties in Vietnam. Online property portals like Batdongsan, Mogo, and Propzy are popular platforms where landlords and real estate agents list properties for rent. You can also find listings in local newspapers or through word of mouth. Hiring a local real estate agent can be beneficial as they have a good understanding of the local market and can help negotiate rental terms on your behalf.

Does Vietnam Have an MLS Type System?

Vietnam does not have a Multiple Listing Service (MLS) system like in the U.S. However, real estate agencies and online property portals provide a similar service, where you can browse through multiple listings from different landlords and agents.

Do Brokers Have Licenses and How Do I Know If They Are Licensed?

Yes, real estate brokers in Vietnam are required to have a license. You can verify their license by asking to see it or checking with the Vietnam Real Estate Association. It's important to ensure that you're dealing with a licensed broker to avoid potential scams or legal issues.

Should I Buy or Rent in Vietnam?

Whether to buy or rent depends on your personal circumstances and long-term plans. Renting is a flexible option and requires less upfront capital. However, if you plan to stay in Vietnam for a long time, buying might be a better investment. Foreigners can own property in Vietnam, but there are certain restrictions to be aware of.

Is It Difficult to Find Rentals in Vietnam?

Finding a rental in Vietnam is not typically difficult, especially in major cities like Hanoi and Ho Chi Minh City. However, the process can be challenging if you're not familiar with the local language and customs. Hiring a local real estate agent can make the process easier.

What Documents Are Required When Renting an Apartment in Vietnam?

When renting an apartment in Vietnam, you'll need your passport and a valid visa. Some landlords may also ask for proof of employment or income. It's important to have copies of these documents ready when you start your apartment search.

Do I Need a Lawyer When Renting an Apartment in Vietnam?

While it's not mandatory to hire a lawyer when renting an apartment in Vietnam, it can be beneficial, especially if you're not familiar with Vietnamese rental laws. A lawyer can review the lease agreement and ensure that your rights are protected. The cost of hiring a lawyer can vary, but it's generally affordable.

How Long Is the Typical Lease For?

The typical lease term in Vietnam is one year, but it can be negotiated with the landlord. Some landlords may require a longer lease term, especially for furnished apartments.

Do I Have to Pay a Deposit?

Yes, it's common practice in Vietnam to pay a deposit when renting an apartment. The deposit is usually equivalent to one to three months' rent and is refundable at the end of the lease term, provided there are no damages to the property.

What Other Upfront Costs Are There When Renting?

Other than the deposit, you may also need to pay the first month's rent upfront. Some landlords may also charge a fee for cleaning or maintenance services. It's important to clarify these costs before signing the lease agreement.

Are Utilities Included?

Utilities are typically not included in the rent and are paid separately. The cost of utilities can vary depending on usage, but they are generally affordable. You'll need to set up these services and pay for them yourself.

Are Furnished or Unfurnished Rentals More Popular?

Both furnished and unfurnished rentals are available in Vietnam. Furnished apartments are more popular among expats as they come with all the necessary furniture and appliances, including a refrigerator and other kitchen appliances. Unfurnished apartments, on the other hand, provide a blank canvas for you to decorate as you wish," said one expat living in Vietnam.

Expats Talk about What Type of Housing They Live In

"I live in a 1 bedroom house in the back of my office, for the sake of security. this is not typical for expats, for a 2 bedroom house in this area you pay around 500 US$," said one expat living in Phan Thiet.

Expats Talk about How they Found their Home

"Look for established apartments with garden, close to work and shops, accessible but quiet, on the same side of town as airport, with trees and parks," commented an expat living in Hanoi.

"Pure business matter; we could lease an industrial land plot on good conditions; housing was more difficult because of regulations at that moment," said an expat in Phan Thiet.

"Having spent the past 6 years doing a long commute to work I decided to live close to my job if it was feasible - and it was. I live in District 7 of HCMC on the 14th floor of a group of 25 storey apartment blocks. In the centre of the 4 blocks is a sort of village square with several swimming pools, a gym, small shops/cafes/ hairdressers, a large good supermarket and two tennis courts. More shopping centres are within 5 minute's taxi ride, and I can get into District 1 shopping in 20-30 minutes depending on traffic. I used a local real estate office to find my apartment, someone recommended by a work colleague," remarked one expat who made the move to Ho Chi Minh City.

"One way to find a place to live in Vietnam is to enlist the help of a real estate professional. Most cities will have reputable agents that specialize in finding rental properties for expatriates and travelers. You can also search online for rental listings in Vietnam and reach out to the posted contacts. Additionally, the Vietnamese government operates a database of available rentals open to the public. It is likely that you will be able to find a range of options, from modest apartments and small homes to upscale condominiums and villas. Finally, networking with other expats who are familiar with the housing market in Vietnam is a good way to gain insights regarding potential rental opportunities," explained one expat living in Vietnam.