Apartment For Rent In Hanoi | Update 04/2024

In Hanoi, one of the largest and busiest city of Vietnam, the need to rent apartments are becoming popular and more and more increasingly trend. In the City, there are many options to rent an apartment or condos to live in, meeting the demand for a safe and quality life to settle dowm. Let's explore with Property Plus the attractions when renting an apartment in Hanoi

The trend of renting apartments in Hanoi is increasingly popular

1. Get overview of Hanoi

1.1. Geographical location

Hanoi is the thousand-year-old capital of Vietnam, located in the North of the country. As an important political, economic and cultural center, its location helps the Capital have a great influence on the whole country and in Southeast Asia.

• The North borders Thai Nguyen  and Vinh Phuc Provices

• The South borders Ha Nam and Hoa Binh provinces

• The East borders Bac Giang, Bac Ninh and  Hung Yen provices

• The West borders Phu Tho, Hòa Binh provinces

1.2. The advantage of geoprapcal location

• Hanoi's geographical location is an important part of the economic and cultural development of the capital and the whole country. It creates an ideal environment for connection, trade, and development of diverse fields in one of the largest urban areas in Vietnam
• Hanoi owns a synchronous transportation system, the intersection of many routes to the provinces and cities: roads (national highway 1, national highway 2, Noi Bai - Lao Cai expressway, Hanoi expressway - Hai Phong, Hanoi - Thai Nguyen...); Railway (North-South railway), aviation (Noi Bai international airport), waterway (Red River is the main route...)
• Hanoi is easily connected to Northern provinces, including border provinces such as Lao Cai, Ha Giang, Cao Bang, Lang Son. This creates favorable conditions for import and export activities to neighboring countries.

Hanoi's geographical location is convenient to all areas

2. Why should you choose an apartment for rent in Hanoi?

Renting an apartment in Hanoi brings many advantages in terms of amenities, quality life, and budget savings

• The city is one of the major economic engines of the country, so this place always attracts a community of knowledgeable people to live and work. Investors always earn large profits from renting apartments in Hanoi
• Hanoi city is one of the cities with the best quality of life in Vietnam, with a safe living environment and synchronously developed education and healthcare.
• Here, The traffic density is high and there is a developed public transportation system (service technology vehicles, buses, sky trains). Renting a luxury apartment in Hanoi will help you save travel time and money, giving you convenient access to work and top entertainment places.
• There are many apartment projects for rent in Hanoi that possess modern facilities, ensuring safety and quality of life. Apartment complexes and high-end apartments almost all have necessary public amenities such as shopping centers, common areas (libraries, parks, walking paths), gyms, swimming pools.

3. Hanoi apartment rental market

• Hanoi's apartment rental market is developing sustainably with many bright spots in terms of price and tenant interest
• Hanoi apartment rental prices still remain high. According to Real Estate Market Report for the third quarter of 2023 of Batdongsan.com,  apartment selling prices will continue to increase and rental yields will remain stable, the level of interest in this type will grow by 8%.
• Due to limited land fund, the supply for new apartment products is limited. Recently, nearly 2,100 apartments were opened for sale, the mid-range segment accounts for the majority of new supply offered for sale; the main supply of apartments for rent in Hanoi comes from the western area of ​​the city (Cau Giay district, Nam Tu Liem) (According to Cushman & Wakefield's second quarter 2023 MarketBeat report)
• These new urban areas tend to gradually move to the suburbs, concentrating in the districts of Tu Liem, Gia Lam, Thanh Tri to reduce density in the central area of ​​the city, which is gradually becoming more crowded. narrow. In addition, old, degraded apartment buildings in Hanoi are also being invested in, repaired or demolished to build new ones, to create a modern, civilized urban appearance, worthy of its position as the capital of the country.
• The apartment rental product market in Hanoi includes many types from mid-range to high-end. Apartment projects have different prices and areas, serving many customer segments, from young single people to large families and even foreigners working in Hanoi. 

 - In the low-cost, low-rent segment are young families, newlyweds, and well-off students

- In the high-end segment: foreigners coming to Vietnam to work, holding high management positions in businesses

- Mid-range segments: office workers, large households...

Supply in the Western area of ​​Hanoi increased sharply, rental prices are attractive

4. Which areas should you look for apartments to rent in Hanoi?

• Choosing where to rent an apartment in Hanoi is very important, based on personal needs in terms of amenities, working and living location, and price. Below are some suggestions from Property Plus about outstanding apartment rental areas in Hanoi
• Capital's central area (Hoan Kiem district): the city's financial and tourism center, with many top attractions and shopping destinations. Apartment tenants here are mainly state employees and international guests
• Tay Ho District possesses a large lake surface area, fresh climate, many beautiful views in harmony with nature, suitable for European and American countries
• Ba Dinh District, Hai Ba Trung District are most popular with visitors from Japan because they are the city center, with many services and Japanese restaurants.
• Korean customers often choose Cau Giay district and Nam Tu Liem district to live. There is a large Korean and Chinese community working here.

The West Lake area concentrates many luxury apartments

>>> See more: Where To Stay When In Hanoi -> 3 Best Areas to stay

5. Types of apartments

5.1. Apartments for rent in Hanoi

• Apartments are a popular type of accommodation today, built in apartment buildings and skyscrapers. This is where many individual apartments are built on the same plot of land or in a large building, and share common facilities such as entrances, hallways, elevators, parking lots, swimming pools, and gyms. gym, and children's play area
• Each apartment in an apartment building usually includes a living room, bedroom, kitchen, and bathroom. Apartments can be designed with different areas and designs, serving the diverse needs and preferences of each family or tenant.
• Nowadays, many units invest in apartment rental services in Hanoi to profit from increasing monthly rental fees and management fees from apartments for rent in Hanoi, meeting diverse rental needs. form of individuals and families.

Dream Residence Apartment 64 Nguyen Luong Bang

>>> See more: Latest apartment list at Vinhomes Metropolis

5.2. Apartments for rent in Hanoi

Serviced apartments are a combination of apartments and hotel services. This type of accommodation has all the amenities of a regular apartment, including a bedroom, kitchen, living room, and bathroom. In addition, serviced apartments also provide hotel-like services, including housekeeping, laundry, and many other amenities. There are also popular types of services today such as: renting a studio apartment in Hanoi, renting a serviced apartment by the hour or day.

• Serviced apartments are mainly invested in big cities such as Hanoi, Ho Chi Minh, Da Nang,...The main people who need to rent serviced apartments are:
• People on business trips: Serviced apartments will be the optimal choice when on long business trips. They will receive attentive service, privacy and comfort.
• People who are busy with work: If they are too busy and do not have time to clean the house regularly, they should rent a serviced apartment. Serviced apartments have housekeeping services to help keep rooms neat and clean.
• Employees of large companies and multinational corporations: Main subjects will be management-level employees, experts, businessmen, foreign employees, etc., whose entire expenses are paid by the company.
• Foreigners working in Vietnam: This customer group is mainly the high-end segment; they are able to pay large amounts of money to receive utilities. Serviced apartments will suit this need
• Suitable serviced apartments for rent in Hanoi are being widely sought for rent, including:

Fraser Suites international standard serviced apartment

>>> See more: Serviced Apartment For Rent In Hanoi

6. New-style serviced apartments: Apartments with hotel-like services from Property Plus

Property Plus is a reputable apartment and apartment rental consulting and management unit in Hanoi with a wide network of apartments, diverse types (villas, apartments, serviced apartments, daily apartment rentals). in Hanoi...), meeting your diverse needs. With an understanding of each country's culture and personalizing service to each customer, Property Plus is committed to satisfying you with 5-star service.

6.1. Aparment management service

• Property Plus always focuses on building and optimizing management services to meet the diverse needs of customers from many different countries. Management services include customer care, implementation of administrative procedures, and support for apartment cost management

>>> See more at: https://propertyplus.com.vn/en/service/the-management-of-property-plus-1

6.2. Cleaning service

• Property Plus ensures that rental apartments in Hanoi are always clean and tidy. Housekeeping services include: Laundry, Ironing, Garbage Removal, Bedroom Cleaning, Bathroom Cleaning, Kitchen Cleaning, Vacuuming and Surface Cleaning

>>> See more at: https://propertyplus.com.vn/en/service/housekeeping-service-2

6.3. Technical & maintenance Services

• Property Plus performs inspections and maintenance of equipment and appliances in the apartment before you move in, ensuring everything is working well. The company also periodically maintains equipment in the apartment according to specific cycles.
• If there is a problem or damage, you can contact the hotline or Property Plus app so that technical staff can quickly check and fix the problem, ensuring that the apartment is always in the best operating condition.

>>>See more at: https://propertyplus.com.vn/en/service/technical-maintenance-service-3

7. Apartment rental price for rent in Hanoi

Apartment rental prices in Ba Dinh district, Hanoi will depend on the actual situation and market conditions. Property Plus provides foreign tenants with nearly 2,300 apartments from different projects. Customers looking to rent a house can refer to the table below:

Property Plus strives to negotiate for tenants of Hanoi apartments and Hanoi serviced apartments to get the best rental prices and conditions.

8. Why should you rent apartments and serviced apartments in Hanoi with Property Plus?

• Dai Loi Real Estate Trading and Consulting Joint Stock Company (Propertyplus.com.vn) is a leading company in the field of consulting and managing apartments for rent in Hanoi for foreigners. With an understanding of each country's culture and personalizing service to each customer, Property Plus ensures 5-star service quality to satisfy all customer needs.
• Property Plus always focuses on security and safety for customers throughout the process of using the service. Therefore, we commit to take full responsibility for damage caused by Property Plus employees in apartments of customers using Property Plus services.

Contact Info:

PROPERTYPLUS.COM.VN

Address: 6th Floor, Kinh Do Building, 292 Tay Son, Dong Da, Hanoi

Viet Anh Hotline: 085.6662.566

Japan Hotline: 032.9297.979

Email: enquiry@propertyplus.com.vn