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Hai Phong is a unique rental market in Vietnam because it runs on two speeds: local professionals seeking affordable housing and foreign specialists working in the city's booming industrial zones who pay premium rents.
This split means your rental yield depends more on which tenant segment you target and how your building is positioned than on citywide averages alone.
We constantly update this blog post as the Hai Phong property market evolves, so you always get fresh data.
And if you're planning to buy a property in this place, you may want to download our pack covering the real estate market in Hai Phong.
What rental yields can I realistically get from an apartment in Hai Phong?
What's the average gross rental yield for apartments in Hai Phong as of 2026?
As of early 2026, the average gross rental yield for apartments in Hai Phong sits around 4.8% per year, which is solid by Vietnamese standards.
However, the realistic range spans from about 3.8% to 6.8%, depending heavily on what type of unit you buy and who you rent it to.
The main factor that causes yields to vary so much in Hai Phong is whether your apartment attracts local Vietnamese tenants (who are price-sensitive) or foreign specialists working in the city's industrial zones (who pay noticeably higher rents for modern, furnished units near their workplaces).
Compared to Ho Chi Minh City or Hanoi, Hai Phong often delivers slightly better gross yields because purchase prices are lower while rents from foreign specialists remain competitive, especially in areas with good access to industrial parks and the airport.
What's the average net rental yield for apartments in Hai Phong as of 2026?
As of early 2026, the average net rental yield for apartments in Hai Phong comes in around 3.2% per year after accounting for all typical landlord expenses.
Most apartment investors in Hai Phong can realistically expect net yields ranging from about 2.3% to 5.0%, with the higher end achievable mainly in well-located smaller units rented to foreign specialists.
The single biggest expense that eats into your gross yield in Hai Phong is rental income tax, which for individual landlords typically works out to around 10% of gross rent once you exceed the small-revenue threshold under Vietnam's Circular 40 regulations.
By the way, you will find much more detailed data in our property pack covering the real estate market in Hai Phong.
What's the typical rent-to-price ratio for apartments in Hai Phong in 2026?
As of early 2026, the typical rent-to-price ratio for apartments in Hai Phong runs between 4% and 6% annually, which translates to roughly 0.33% to 0.50% per month.
Most apartment transactions in Hai Phong fall within this range, though outliers exist on both ends depending on building quality and tenant type.
The highest rent-to-price ratios in Hai Phong tend to appear in compact studios and one-bedroom units in Hai An District and industrial-access corridors, where foreign specialists pay strong rents relative to more affordable purchase prices compared to prime central locations.
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How much rent can I charge for an apartment in Hai Phong?
What's the typical tenant budget range for apartments in Hai Phong right now?
In Hai Phong in early 2026, typical tenant budgets for apartments range from about 5 million to 35 million VND per month (roughly $200 to $1,400 USD or €185 to €1,300 EUR), depending entirely on whether you're targeting local professionals or foreign specialists.
Tenants looking for mid-range apartments in Hai Phong typically budget between 10 million and 18 million VND per month (about $400 to $720 USD or €370 to €670 EUR), which gets them a decent two-bedroom unit in a modern building with basic amenities.
For high-end or luxury apartments in Hai Phong, foreign specialists and managers commonly pay 20 million to 35 million VND per month (roughly $800 to $1,400 USD or €740 to €1,300 EUR), especially for fully furnished units with security, parking, and easy access to industrial zones or the airport.
We have a blog article where we update the latest data about rents in Hai Phong here.
What's the average monthly rent for a 1-bed apartment in Hai Phong as of 2026?
As of early 2026, the average monthly rent for a one-bedroom apartment in Hai Phong is around 10 million VND (approximately $400 USD or €370 EUR).
At the entry level, a decent one-bedroom apartment in Hai Phong rents for about 6 million to 8 million VND per month ($240 to $320 USD or €220 to €295 EUR), which typically means an older building or a location further from central districts, with basic furnishing.
A typical mid-range one-bedroom in Hai Phong commands 9 million to 12 million VND per month ($360 to $480 USD or €335 to €445 EUR), usually in a modern building in Ngo Quyen or Le Chan District with reasonable amenities and semi-furnished or furnished options.
High-end one-bedroom apartments in Hai Phong, particularly serviced units in premium buildings targeting foreign tenants, rent for 13 million to 15 million VND per month ($520 to $600 USD or €480 to €555 EUR), offering full furnishing, security, and convenient locations near central amenities or the airport.
What's the average monthly rent for a 2-bed apartment in Hai Phong as of 2026?
As of early 2026, the average monthly rent for a two-bedroom apartment in Hai Phong is around 16 million VND (approximately $640 USD or €590 EUR).
Entry-level two-bedroom apartments in Hai Phong rent for about 10 million to 12 million VND per month ($400 to $480 USD or €370 to €445 EUR), typically in older buildings or less central areas like the edges of Hong Bang District, with basic or partial furnishing.
A typical mid-range two-bedroom in Hai Phong goes for 13 million to 18 million VND per month ($520 to $720 USD or €480 to €665 EUR), usually in a modern condominium in Ngo Quyen or Le Chan District with good amenities, parking, and at least semi-furnished interiors.
High-end two-bedroom apartments in Hai Phong, such as units in SHP Plaza or similar buildings favored by foreign specialists, rent for 20 million to 25 million VND per month ($800 to $1,000 USD or €740 to €925 EUR), offering full luxury furnishing, central locations, and premium building services.
What's the average monthly rent for a 3-bed apartment in Hai Phong as of 2026?
As of early 2026, the average monthly rent for a three-bedroom apartment in Hai Phong is around 24 million VND (approximately $960 USD or €890 EUR).
Entry-level three-bedroom apartments in Hai Phong rent for about 18 million to 20 million VND per month ($720 to $800 USD or €665 to €740 EUR), typically in older buildings or developing areas, with basic furnishing suitable for local families.
A typical mid-range three-bedroom in Hai Phong commands 21 million to 28 million VND per month ($840 to $1,120 USD or €780 to €1,035 EUR), usually in a modern building with good amenities, often in Le Chan or Ngo Quyen District, and semi-furnished or fully furnished.
High-end three-bedroom apartments in Hai Phong, like the 116 square meter units at SHP Plaza, rent for 30 million to 35 million VND per month ($1,200 to $1,400 USD or €1,110 to €1,300 EUR), offering spacious layouts, full luxury furnishing, and premium services attractive to foreign managers and their families.
How fast do well-priced apartments get rented in Hai Phong?
A well-priced apartment in Hai Phong typically gets rented within 2 to 5 weeks if targeting local tenants, or within 1 to 3 weeks if it's a modern furnished unit appealing to foreign specialists.
The typical vacancy rate for investor-grade apartments in Hai Phong hovers around 5% annually, though this varies by building quality and location.
The main factors that make some apartments rent faster than others in Hai Phong are proximity to industrial zones like those in Hai An District, quality of furnishing (foreign tenants want move-in ready), reliable building services like parking and security, and whether the unit offers easy access to Cat Bi Airport for frequent business travelers.
And if you want to know what should be the right price, check our latest update on how much an apartment should cost in Hai Phong.
We did some research and made this infographic to help you quickly compare rental yields of the major cities in Vietnam versus those in neighboring countries. It provides a clear view of how this country positions itself as a real estate investment destination, which might interest you if you’re planning to invest there.
Which apartment type gives the best yield in Hai Phong?
Which is better for yield between studios, 1-bed, 2-bed and 3-bed apartments in Hai Phong as of 2026?
As of early 2026, studios and one-bedroom apartments typically offer the best rental yields in Hai Phong, outperforming larger units on a percentage basis.
The typical gross rental yield ranges by apartment type in Hai Phong are: studios at 5.5% to 7.5%, one-bedrooms at 4.8% to 6.8%, two-bedrooms at 4.0% to 6.0%, and three-bedrooms at 3.5% to 5.5%.
The main reason smaller units outperform in Hai Phong is that foreign specialists working in industrial zones often need compact, efficient housing for solo assignments, which creates strong rental demand for studios and one-bedrooms while keeping their purchase prices relatively affordable compared to larger family units.
Which features are best if you want a good yield for your apartment in Hai Phong?
The features that most positively impact rental yield in Hai Phong are full furnishing with move-in ready setup (foreign specialists value speed and convenience), easy access to industrial zones and Cat Bi Airport, reliable parking and security systems, and efficient layouts that maximize usable space without excessive square footage.
Middle floors (typically 4th to 12th in Hai Phong buildings) tend to rent fastest because they avoid the noise and security concerns of lower floors while not commanding the premium prices of top floors that can hurt yield calculations.
Apartments with balconies or outdoor space do command slightly higher rents in Hai Phong, but the premium is modest compared to larger cities, so they help more with tenant retention than with dramatically boosting yield.
Building features like elevators, concierge services, and dedicated parking do justify higher service charges in Hai Phong because foreign specialist tenants specifically seek these amenities and will pay premium rents for buildings that offer them reliably.
Don't buy the wrong property, in the wrong area of Hai Phong
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Which neighborhoods give the best rental demand for apartments in Hai Phong?
Which neighborhoods have the highest rental demand for apartments in Hai Phong as of 2026?
As of early 2026, the neighborhoods with the highest rental demand for apartments in Hai Phong are Ngo Quyen District (especially Lach Tray, Dang Giang, and Dong Khe wards), Le Chan District (particularly An Bien and Vinh Niem), Hai An District near the airport and port, and Hong Bang District around Thuong Ly.
The main demand driver that makes these neighborhoods attractive is their combination of central convenience, modern condominium stock, and strategic access to Hai Phong's industrial zones where thousands of foreign specialists and Vietnamese professionals work.
In these high-demand neighborhoods, well-priced apartments typically rent within 1 to 3 weeks, with vacancy rates staying around 3% to 5% annually for quality units.
One emerging neighborhood gaining rental demand momentum in Hai Phong is the corridor connecting Hai An District to new industrial park expansions, where upcoming infrastructure improvements are attracting both developers and tenants looking for modern housing near jobs.
By the way, we've written a blog article detailing what are the current best areas to invest in property in Hai Phong.
Which neighborhoods have the highest yields for apartments in Hai Phong as of 2026?
As of early 2026, the neighborhoods with the highest rental yields for apartments in Hai Phong are Hai An District and the industrial-access corridors, followed by the edges of Ngo Quyen and Le Chan Districts where purchase prices remain moderate but rental demand stays strong.
The typical gross rental yield in these top-yielding Hai Phong neighborhoods ranges from 5.5% to 7% for well-positioned smaller units, compared to 4% to 5% in prime central locations where purchase prices are higher.
The main reason these neighborhoods offer higher yields than others in Hai Phong is that foreign specialists working in nearby industrial zones pay competitive rents (similar to central areas) while property purchase prices remain lower due to less developed retail and lifestyle amenities, creating a favorable rent-to-price ratio for investors.
We created this infographic to give you a simple idea of how much it costs to buy property in different parts of Vietnam. As you can see, it breaks down price ranges and property types for popular cities in the country. We hope this makes it easier to explore your options and understand the market.
Should I do long-term rental or short-term rental in Hai Phong?
Is short-term rental legal for apartments in Hai Phong as of 2026?
As of early 2026, short-term rental for apartments in Hai Phong exists in practice but operates in a legally uncertain space, with national regulations tightening and individual building rules often determining what you can actually do.
The main legal restrictions for operating a short-term rental apartment in Hai Phong include potential building-level prohibitions on hotel-like guest stays, guest registration requirements with local authorities, and compliance with any condominium house rules set by the owners' committee.
Vietnam is actively drafting tighter controls on Airbnb-style rentals in apartment buildings, following Ho Chi Minh City's lead in implementing explicit restrictions, which means Hai Phong could adopt similar rules at any time and investors should factor this regulatory risk into their plans.
By the way, we also have a blog article detailing whether owning an Airbnb rental is profitable in Hai Phong.
What's the gross yield difference short-term vs long-term in Hai Phong in 2026?
As of early 2026, short-term rentals in Hai Phong can deliver roughly 1.5 to 2 percentage points higher gross yield than long-term rentals when occupancy and regulations cooperate, but this advantage is far from guaranteed.
The typical gross yield for long-term rentals in Hai Phong runs around 4.8%, while short-term rentals can reach 6% to 7% gross if well-managed, though many investors achieve less due to seasonal gaps and regulatory constraints.
The main additional costs that reduce the net yield advantage of short-term rentals in Hai Phong include cleaning fees between guests, platform commissions (typically 15% to 20% on booking sites), higher utility consumption, more frequent furnishing wear, and the time or cost of active management.
To reliably outperform a long-term rental in Hai Phong, a short-term rental typically needs to maintain at least 60% to 70% annual occupancy, which can be challenging outside peak business travel periods given Hai Phong's primary appeal to industrial workers rather than tourists.
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What costs will eat into my net yield for an apartment in Hai Phong?
What are building service charges as a % of rent in Hai Phong as of 2026?
As of early 2026, typical building service charges for apartments in Hai Phong run between 5% and 12% of monthly rent, or roughly 600,000 to 1,400,000 VND per month ($24 to $56 USD or €22 to €52 EUR) for a 70 square meter unit.
The realistic range of building service charges in Hai Phong covers most apartments from about 4% of rent in basic older buildings up to 15% in premium buildings with extensive amenities.
In Hai Phong specifically, higher-than-average service charges are justified by buildings that offer 24-hour security with controlled access (important for foreign tenants), dedicated parking facilities (critical in a city with limited street parking), reliable elevator maintenance, and professional management that handles tenant concerns promptly.
What annual maintenance budget should I assume for an apartment in Hai Phong right now?
Apartment owners in Hai Phong should budget roughly 0.5% of property value per year for maintenance, which works out to about 16 million VND annually ($640 USD or €590 EUR) for a typical 3.2 billion VND apartment.
The realistic range of annual maintenance costs in Hai Phong runs from about 10 million to 26 million VND ($400 to $1,040 USD or €370 to €965 EUR), with newer buildings requiring less and older apartments needing more frequent repairs.
The most common maintenance expenses apartment owners face in Hai Phong include air conditioning servicing and repairs (essential in the humid climate), water heater replacements, plumbing fixes due to water quality issues, and appliance refreshes needed to keep furnished units attractive to foreign specialist tenants who expect working equipment.
What property taxes should I expect for an apartment in Hai Phong as of 2026?
As of early 2026, there is no significant annual property value tax in Vietnam that impacts apartment investors in Hai Phong, but the main tax bite comes from rental income tax, which typically works out to around 10% of gross rent for individual landlords above the small-revenue threshold.
The realistic range of rental income tax in Hai Phong depends on your annual rental revenue: landlords earning under 100 million VND per year (about $4,000 USD or €3,700 EUR) may qualify for exemptions, while those above pay a combined VAT and personal income tax that commonly totals around 10% of gross rent.
Rental income tax in Vietnam under Circular 40 is calculated on gross rental revenue, with individual landlords paying VAT plus personal income tax, and the 100 million VND annual threshold determining whether the small-revenue exemption applies.
The main tax relief available for apartment owners in Hai Phong is the small-revenue exemption for landlords earning under 100 million VND annually, though most investors with mid-range or premium apartments will exceed this threshold.
If you want to go into more details, we also have a blog article detailing all the property taxes and fees in Hai Phong.
How much does landlord insurance cost for an apartment in Hai Phong in 2026?
As of early 2026, typical annual landlord insurance for an apartment in Hai Phong costs between 1.5 million and 4.5 million VND ($60 to $180 USD or €55 to €165 EUR), depending on coverage level and apartment value.
The realistic range of annual landlord insurance costs in Hai Phong spans from about 1 million VND for basic coverage on a modest unit up to 6 million VND ($40 to $240 USD or €37 to €220 EUR) for comprehensive policies on higher-value apartments with additional liability protection.
What's the typical property management fee for apartments in Hai Phong as of 2026?
As of early 2026, the typical property management fee for apartments in Hai Phong is around 6% of collected rent, which works out to roughly 960,000 VND per month ($38 USD or €35 EUR) on a 16 million VND rental.
The realistic range of property management fees in Hai Phong runs from about 5% to 10% of rent ($32 to $64 USD or €30 to €60 EUR monthly on an average two-bedroom), with some agents also charging a separate one-time tenant-finding fee equivalent to one month's rent.
Standard property management services in Hai Phong typically include tenant sourcing and screening, rent collection, coordinating maintenance and repairs, handling tenant communications, and managing move-in and move-out inspections.
We made this infographic to show you how property prices in Vietnam compare to other big cities across the region. It breaks down the average price per square meter in city centers, so you can see how cities stack up. It’s an easy way to spot where you might get the best value for your money. We hope you like it.
What sources have we used to write this blog article?
Whether it's in our blog articles or the market analyses included in our property pack about Hai Phong, we always rely on the strongest methodology we can … and we don't throw out numbers at random.
We also aim to be fully transparent, so below we've listed the authoritative sources we used, and explained how we used them and the methods behind our estimates.
| Source | Why we trust it | How we used it |
|---|---|---|
| Savills Vietnam - Hai Phong Spotlight | Global real estate consultancy with established research standards | We used it to anchor typical new-apartment pricing levels in Hai Phong. We then cross-checked our yield calculations against their market context. |
| Dot Property - Hai Phong listings | Large established portal showing real current asking rents | We used it to estimate current asking-rent bands for 1, 2, and 3-bed apartments. We converted those bands into typical rent assumptions for yield calculations. |
| Numbeo - Hai Phong property data | Transparently shows sample size and widely used as benchmark | We used it as a secondary benchmark for rents and prices. We cross-checked it with listing portals to avoid relying on a small contributor base. |
| Circular 40/2021/TT-BTC - Tax regulations | Official Vietnamese tax circular covering property leasing | We used it to anchor the tax treatment logic for individual landlords. We applied the 100 million VND threshold and VAT/PIT rates to our yield models. |
| KPMG Vietnam - Circular 40 summary | Big-4 firm reliable for interpreting tax rules in practice | We used it to apply the commonly-cited VAT/PIT approach for landlords. We stress-tested net yields under conservative and optimistic tax assumptions. |
| Savills Vietnam - Service fees explainer | Translates Vietnamese regulations into market practice | We used it to explain what service fees cover and how they're calculated. We estimated fee ranges consistent with Hai Phong building types. |
| VnEconomy - Hai Phong FDI coverage | Established Vietnamese business publication citing authorities | We used it to support the foreign specialist tenant story. We justified our split-market view of local versus expat-grade rentals. |
| Hai Phong City Portal - Economic statistics | City's official publication of socio-economic statistics | We used it to support why rental demand stayed resilient into early 2026. We linked the macro context to which districts see strongest tenant pull. |
| Tuoi Tre News - Short-term rental regulations | Major Vietnamese newspaper reporting on national policy | We used it to reflect regulatory trajectory risk for short-term rentals. We built that risk into our STR yield comparison with conservative occupancy. |
| Bao Viet Insurance - Home insurance | Leading Vietnamese insurer with consumer home products | We used it to confirm landlord coverage is available in Vietnam. We estimated realistic annual insurance budgets as percentage of value. |
| Tranio - Vietnam property management | International property platform with Vietnam market data | We used it to benchmark property management fee percentages. We validated these against what Hai Phong investors actually pay. |
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