Ho Chi Minh City or Saigon has become a prime location for expats and professionals seeking to live and work in Vietnam. One of the most common living options in this fast-paced city is the 1 bedroom apartment for rent in Ho Chi Minh. Whether you’re a professional, a couple, or someone seeking temporary accommodation, HCMC offers various housing options to match your needs.
So how much to rent one bedroom in Ho Chi Minh City? What factors affect the rental prices, and what additional costs you should consider when renting one bedroom apartment in Saigon? Let’s figure it out with Visreal!
Factors that affect rental prices of 1 Bedroom Apartments in Ho Chi Minh
Several factors play into the cost of renting a one-bedroom apartment for rent in Ho Chi Minh, including location, apartment type, and amenities. Understanding these can help you make a wise decision.
Location
One of the most significant factors determining the rental price of an apartment in Ho Chi Minh is location. Here’s a breakdown of popular districts:
- District 1: As the city center and the central business district, District 1 offers high convenience for professionals who work in offices nearby. Its central location means higher prices, but the trade-off is that you’re surrounded by top-tier amenities, restaurants, shopping malls, and entertainment venues.
- District 2 (Thao Dien & Thu Thiem area): Thao Dien apartment for rent is a favorite choice among expats. District 2 is known for its laid-back atmosphere, modern infrastructure. Additionaly, nearby top-notch international schools make Thao Dien become a top choice for expat families. On the other hand, Thu Thiem is a rapidly growing urban area offering sleek new buildings with river views and tranquil atmosphere.
Rental price of 1 bedroom apartment in HCMC may vary depending on location of the building
- Binh Thanh District: Neighboring District 1, apartment fo rent in Binh Thanh is an attractive option for those who want to live close to the city center without paying the high prices of District 1. Many new apartment buildings in this area offer excellent amenities such as Sunwah Pearl, City Garden and Vinhomes Central Park.
- District 7 (Phu My Hung): A quieter, more family-oriented urban area, District 7, especially Phu My Hung, is designed with modern infrastructure and green spaces, making it ideal for those who prefer a peaceful environment.
- Other Districts: Besides, District 3, District 4, and District 9 are also emerging as viable options for those seeking more budget-friendly 1-bedroom apartments in Ho Chi Minh City.
Apartment type
The type of apartment you choose will greatly affect the rent. Serviced apartments come fully furnished with additional services like cleaning, reception, and security, which typically increase the rental cost. On the other hand, unfurnished apartments or older buildings tend to be more affordable but may require extra investment in furniture and decor.
Amenities and facilities
Modern apartment buildings often come with a host of amenities like swimming pools, gyms, parks, and 24/7 security. The more luxurious the amenities, the higher the rent. For instance, if you’re looking at high-end buildings like Vinhomes Central Park or Masteri Thao Dien, expect to pay more for the full range of top-tier facilities.
amenities in the building can affect the rental preice of apartment
Furnished vs. Unfurnished
A fully furnished apartment is move-in ready, saving you the hassle of buying furniture. However, this convenience often comes at a higher cost. In contrast, unfurnished apartments offer more flexibility and lower rent, though you’ll need to invest in furnishing the place yourself.
Average price of 1 bedroom apartment for rent in Ho Chi Minh
Here’s a detailed breakdown of average rental prices for a 1 bedroom apartment for rent in Ho Chi Minh by every district:
District 1
District 1 is the most expensive area in the city due to its central location. Rental prices here range from $800 to $1,200 per month. For those who want to live right in the middle of the action, this area is ideal, though you’ll pay a premium for it.
>>> See more: Apartment for rent in District 1
District 2 (Thao Dien, Thu Thiem)
Popular with expats, Thao Dien area is known for its international vibe and a wide range of dining and shopping options. Rental prices for a 1-bedroom apartment in Thao Dien generally range from $750 – $1000 per month. On the other hand, Thu Thiem urban area is slightly higher, with prices starting at $800 – $1200 per month for high-end apartments.
1 bedroom apartment for rent in Thao Dien area is about from $750-$1000/month
>>> See more: Apartment for rent in District 2
Binh Thanh District
Just nearby District 1, Binh Thanh is a great option for those who want to live near the city center without breaking the bank. Many modern developments, like Vinhomes Central Park, offer excellent amenities. Prices for a 1-bedroom apartment in Binh Thanh range from $800 – $1,100 per month.
District 7 (Phu My Hung)
Phu My Hung in District 7 is another popular area, especially for families and those seeking a quieter lifestyle. The cost of renting a 1-bedroom apartment in District 7 typically falls between $700 and $1,200 per month.
Other Districts
If you’re looking for more affordable options, consider areas like District 3, District 4, or District 9. Prices for a one-bedroom apartment in these districts range from $400 to $900 per month, depending on the building and location.
Popular apartment buildings for 1 bedroom in HCMC
Vinhomes Central Park is a popular apartment buildings for 1 bedroom in HCMC
Here are some of the top recommend building where you can find a 1 bedroom apartment for rent in Ho Chi Minh:
- Vinhomes Central Park: Located in Binh Thanh District, this high-end complex offers world-class amenities including gyms, swimming pools, and river views. Prices for 1-bedroom apartments range from $750 to $900 per month.
- Masteri Thao Dien: In the heart of District 2, Masteri Thao Dien is popular with expats for its modern design and access to international schools and supermarkets. Prices range from $700 to $850 per month.
- The Estella: Another District 2 option, The Estella offers luxurious amenities at mid-range prices. Expect to pay between $800 and $1,100 per month for a one-bedroom apartment here.
Additional Costs when renting one bedroom apartment in HCMC
When budgeting for a 1 bedroom apartment for rent in Ho Chi Minh, be sure to factor in these additional costs:
- Management fees: Monthly fees cover building maintenance, security, and the upkeep of shared amenities. These can add an additional $50 per month.
- Utilities: Electricity, water, and internet are usually not included in the rent. Depending on usage, these can cost around $50 to $150 per month.
- Deposit and Contract Terms: Most landlords require a deposit of 2 months’ rent for standard lease term is 12 months.
>>> See more: 6 common cost of renting apartment in Ho Chi Minh City
Tips for Finding the Best 1 Bedroom Apartment in Ho Chi Minh
Here are some tips to help you find the best one-bedroom for rent in Ho Chi Minh:
- Work with real estate agents: Agents are highly knowledgeable about the market and can help you find a good deal.
- Use online platforms: Websites like Visreal.vn and others can help you browse listings and compare prices.
- Inspect the apartment in person: Pictures can be misleading, so it’s essential to visit the property before signing a lease.
- Negotiate the price: Especially for long-term rentals, you can often negotiate a lower monthly rent.
Renting a 1 bedroom apartment for rent in Ho Chi Minh can vary greatly depending on location, apartment type, and amenities. By understanding the market and considering additional costs, you can find the perfect apartment that meets your needs and budget.
If you are looking for apartments for rent in Ho Chi Minh, contact Visreal at (+84) 903004226 (Ms. Helen). With many years of experience working with foreign companies and professionals, Visreal is a reliable agency to support you in finding the perfect home in Saigon with hassle free process.
