EricaE EricaE posted January 14th, 2014 at 2:24 pm to Help!. Viewed 205 times. Answered 18 times.

I am moving to Hanoi next year and I was looking through the housing on this site. I see there are many houses available for $200-$500. This seems extremely cheap even for Vietnam. Are these places for real? Where I live we have to watch out for leasing scams. Is this sort of thing going on in Hanoi?

Last answered by chilatoi about 71 months ago.

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lcagaiden wrote on January 14th, 2014 at 2:45 pm
lcagaiden (elite user)

Depends on luck and depends where you want to live. I have a very nice, new 4 storey house for $250 a month. It's a great deal. Several other people i know have similar setups.

Then again - i also know people who are paying 700 and even over a grand for an apartment. For me that seems like a total waste.

thisishannoiying wrote on January 14th, 2014 at 2:50 pm
thisishannoiying

Yep, it's for real, and nope, not a scam. I'm sure leasing scams do occur here, but I'm paying $170 a month for a room in my house, and a lot of places are around $200/mo.

The cost of renting here doesn't seem so cheap when you consider that the average monthly salary in Hanoi is 4,837,500 VND, according to salaryexplorer.com (other websites list even lower averages). Many places also ask that you pay 3 months rent up front, which is expensive in almost any country.

poephonoi wrote on January 14th, 2014 at 7:19 pm
poephonoi

What type of accommodation do you need? A room in a house, a house, an apartment ... ? You can find a really nice room in a house for that price range, or a small one bedroom apartment, or a decent house. You could also pay a lot more.

Where you live is important. Most newcomers prefer to live near their work. Some districts are more expensive than others, for example the Tay Ho (Westlake) district.

Due to the sluggish economy, Hanoi is now a renter's market. You can often negotiate a $50 - $100 reduction in rent. I've never paid 3 month's in advance during the 2 years I've lived here. There are plenty of vacant apartments and houses. Landlords need renters.

However ... be warned ... do not trust the real estate agents. The more rent you agree to pay, the more they walk away with in their pocket. They have families to feed ...

Drive through the neighborhood you'd like to live in. Landlords often post for rent signs. Call them. If the landlord speaks English, you may not need an agent.

I hope these few notes are helpful. If you search 'Ask ANH' you will find a lot more information.

mattnnz wrote on January 15th, 2014 at 12:55 pm
mattnnz

Another thing to consider is if your landlord has registered or is willing to register you with the police. This is most often a problem in places like the $250 per month house lcagaiden is bragging about. It may never be a problem or the police may show up and sweat you for cash or flat out tell you to be out in a day. This can also make the getting you police check for a work permit more complicated. In my case I was renting a $250/month house and I needed proof of residence for a marriage certificate. The cop wasted a lot of our TIME and it cost about 800.000 VND.

I think the house shares are great if you can stand your roommates and because of the cheap cost of labor you can all split the cost of a maid which removes the cause of probably 50% of room conflicts with money being the other 40% :P. Another demand to always refuse is to pay in US dollars. I never minded paying 3 months at a time but you can use that as leverage to negotiate lower rent. Ask to pay all bills such as electricity, water, ect. yourself. (Too many scamming landlords with utilities.)

Rent is all over the place in this town. Shop around. You can find dump renting for the same price as a palace nearby.

bonjourduvietnam wrote on January 15th, 2014 at 2:39 pm
bonjourduvietnam

Good advices from mattnnz, I also refuse to pay 3 months deposit and I get a contract in ...VND only ! Using foreign currencies in Vietnam is illegal in price and paiement.

MarkHanoi83 wrote on January 15th, 2014 at 5:17 pm
MarkHanoi83

Most place is 1 month deposit, 3 months rent. Most prices quote and write in a contract in USD, and will calculating to the sell-rate of any given bank if you want to pay cash VND.

And to answer your question, yes 200-500 is normal, currently it's a renters market.

Except around 200 for a single room, 300 for a 1bed room apartment and 400+ for a 2bed apartment. Houses are from 350 upwards (But keep in mind the stairs eat space, so living surface area is not necessarily bigger then an apartment).

Biggest important things to check out for any apartment is:
1) Location
2) House-owner
3) If applicable, roommates.

Really do not underestimate the importance of number 2!

slim110 wrote on January 15th, 2014 at 5:44 pm
slim110

200-500 is normal but if you want to pay more then you can stay in my room for $2000 per month.

i would gladly accept the extra income ;)

Rvalkeneer wrote on January 16th, 2014 at 2:43 am
Rvalkeneer

I am paying 3million vnd a month for a appartment with 2 bedroomsm,50 square meter.

bonjourduvietnam wrote on January 16th, 2014 at 1:02 pm
bonjourduvietnam

I am paying 5 million vnd a month for an appartment with 2 bedrooms and a living room. about 65 sq. meter.

chilatoi wrote on January 16th, 2014 at 1:57 pm
chilatoi

I am paying 3million vnd a month for a appartment with 2 bedroomsm,50 square meter.
I am paying 5 million vnd a month for an appartment with 2 bedrooms and a living room. about 65 sq. meter.

--> May I ask where do you two live? That's really a good price..

bonjourduvietnam wrote on January 16th, 2014 at 2:35 pm
bonjourduvietnam

Good price for Vietnam but still more than Bangkok. Vietnam is overpriced thanks to dual price set by locals autorities. I live in Bo De.

chilatoi wrote on January 16th, 2014 at 3:53 pm
chilatoi

See, so you live near Bo De padoga, Lam Gia Trang. Sure it's much cheaper there. Location is important.

Just curious, how it is cheaper in Bangkok? About dual price, I thought it's the same in every developing coutries, no?

bonjourduvietnam wrote on January 16th, 2014 at 4:09 pm
bonjourduvietnam

No dual price in developing country, even in China. Never heard about dual price in Bangkok. In Bangkok, depends on location, but service appartment starts at 4000 baths...

Bo De is just 5 mn from Opera.

chilatoi wrote on January 16th, 2014 at 4:41 pm
chilatoi

well, if you consider the Opera House is center of Hanoi (or maybe you have a need to visit Opera House on daily basic), you must feel so great. Anyway, if you ever have idea to move to some districts in the other side of Red river, be prepare to pay at least 50% more.

I mean, I was supprise that you have such a good deal, but actually everything has a reason.

chilatoi wrote on January 16th, 2014 at 4:47 pm
chilatoi

"In Bangkok, depends on location, but service appartment starts at 4000 baths..."

--> That "depends on location" bugs me since I know there's place in Hanoi one can get a 2 bedroom, one living room appartment for about 150$. Of-course not a really convenient location

bonjourduvietnam wrote on January 16th, 2014 at 5:21 pm
bonjourduvietnam

Forget about us dollar, Vietnam is independant.

joochian wrote on January 16th, 2014 at 9:12 pm
joochian

anyone has anything cheap
to quote for the area
of hoang hoa tham rd ?
or thuy khue rd ?

chilatoi wrote on January 16th, 2014 at 11:03 pm
chilatoi

Are you making poem? Does not rhyme

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