Understanding the True Cost of Renting in Hanoi

1. Base Rent

This is the monthly rent you pay to the landlord. Prices vary by district, property type, and furnishings.

Tip: Fully furnished apartments in expat areas tend to cost more, but may include extras like cleaning or internet.

2. Security Deposit

Usually 1–2 months of rent, refundable if there's no damage or contract breach.

Tip: Confirm refund terms in the lease. Some landlords deduct cleaning or minor repairs.

3. Management Fees

If you live in a serviced apartment or a building with a reception/lift/security, expect to pay a monthly fee.

Range: $20–$100 depending on services.

4. Utilities

Electricity: Often charged higher than the local rate (~3,000–4,000 VND/kWh for foreigners)

Water: Usually cheap (~50,000–100,000 VND/month)

Gas (for cooking): If using tanks, you may refill every 2–3 months.

5. Internet and TV

Internet is fast and cheap in Vietnam.

Cost: Around 200,000–300,000 VND/month ($8–$12)

Tip: Ask if it's already included in the rent.

6. Cleaning & Laundry Services

Many apartments offer cleaning 1–3 times a week.

Tip: If included in rent, check the frequency. If not, outsourcing can cost $3–$10 per visit.

7. Maintenance and Repairs

Tip: Understand who pays for what. You may be responsible for light bulbs, minor fixes, or aircon cleaning.

8. Parking

Motorbike: 100,000–200,000 VND/month

Car: 1.5–3 million VND/month, depending on location

9. Taxes

Some landlords charge VAT or require the tenant to pay income tax on their behalf.

Tip: Clarify in the lease if rent includes all taxes.

10. One-Time Costs

Moving costs, agent fees (if any), furniture purchases, or minor home setup expenses.

Summary Tips:

Ask for a full breakdown of monthly and one-time costs.

Always clarify what is (and isn’t) included in the quoted rent.

Budget 15–30% more than base rent to account for real living costs.