Vietnam House Prices, Rents & Rental Yields (2026)

How much property costs in Vietnam, what it rents for and how that compares with neighbouring markets in South-eastern Asia. City-centre prices per m² rank 3 of 6 in this comparison; gross yields rank 5 of 7.

Apartment price per m² (city centre)
$2,822
2023
Apartment price per m² (outside centre)
$1,566
2023
Gross rental yield (city centre)
3.1%
2024
Price-to-income ratio
23.7
2024
Rent: 1-bedroom, city centre
$389/mo
2023
Mortgage interest rate (20-year fixed)
10.2%
2023

Price and rent trends in Vietnam

Apartment price per m²
Monthly rents
Gross rental yield & mortgage rate
Price-to-income & price-to-rent ratios

Latest property market indicators

IndicatorValueYear
Apartment price per m² (city centre)Average asking price per square metre to buy an apartment in city centres$2,8222023
Apartment price per m² (outside centre)Average price per square metre to buy an apartment outside city centres$1,5662023
Price-to-income ratioMedian apartment price divided by median annual disposable family income23.72024
Gross rental yield (city centre)Annual rent as a percentage of purchase price, city-centre apartments3.1%2024
Price-to-rent ratio (city centre)Purchase price divided by annual rent, city-centre apartments32.22024
Rent: 1-bedroom, city centreAverage monthly rent of a one-bedroom apartment in the city centre$389/mo2023
Rent: 1-bedroom, outside centreAverage monthly rent of a one-bedroom apartment outside the centre$242/mo2023
Rent: 3-bedroom, city centreAverage monthly rent of a three-bedroom apartment in the city centre$937/mo2023
Rent: 3-bedroom, outside centreAverage monthly rent of a three-bedroom apartment outside the centre$557/mo2023
Mortgage interest rate (20-year fixed)Average yearly mortgage interest rate, 20-year fixed10.2%2023

Year-by-year data

YearApartment price per m² (city centre)Apartment price per m² (outside centre)Price-to-income ratioGross rental yield (city centre)Price-to-rent ratio (city centre)Rent: 1-bedroom, city centreRent: 1-bedroom, outside centreRent: 3-bedroom, city centreRent: 3-bedroom, outside centreMortgage interest rate (20-year fixed)
2024——23.73.1%32.2—————
2023$2,822$1,56623.53.3%30.1$389/mo$242/mo$937/mo$557/mo10.2%
2022$3,336$1,72820.53.9%25.5$408/mo$276/mo$1,058/mo$598/mo10.7%
2021$2,841$1,51620.64.0%24.8$417/mo$245/mo$869/mo$461/mo9.4%
2020$2,326$1,23921.44.2%23.6$442/mo$301/mo$915/mo$608/mo9.8%
2019$2,546$1,17119.74.5%22.5$415/mo$285/mo$884/mo$578/mo9.3%
2018$2,326$1,12521.34.9%20.3$422/mo$277/mo$912/mo$569/mo8.8%
2017$2,394$1,00826.84.5%22.1$456/mo$272/mo$941/mo$562/mo8.9%

Vietnam compared with South-eastern Asia

City-centre price per m²
Gross rental yield (city centre)
CountryApartment price per m² (city centre)Gross rental yield (city centre)Price-to-income ratioMortgage interest rate (20-year fixed)
Vietnam$2,8223.1%23.710.2%
Cambodia—4.8%32.5—
Indonesia$1,8584.6%18.99.6%
Malaysia$2,2984.1%8.54.3%
Philippines$2,5562.9%277.5%
Singapore$20,8323.3%14.93.7%
Thailand$3,7633.1%26.56.2%

Related

Prices, rents, yields and mortgage rates: Numbeo (crowd-sourced, national averages of city data). Values in US dollars.