Cheapest Neighborhoods in Ho Chi Minh City

All 19 neighborhoods in Ho Chi Minh City ranked by cost of living index. Updated 2026.

Cheapest Rent
$360/mo
City Avg Rent
$500/mo
Neighborhoods
19

Cheapest Neighborhoods in Ho Chi Minh City — Full Rankings

# Neighborhood 1BR Rent Index vs Avg
1 Binh Tan $360/mo 0.72x -28%
2 District 8 $360/mo 0.72x -28%
3 Nha Be $360/mo 0.72x -28%
4 District 6 $390/mo 0.78x -22%
5 Tan Phu $390/mo 0.78x -22%
6 District 9 $400/mo 0.80x -20%
7 Go Vap $410/mo 0.82x -18%
8 District 11 $410/mo 0.82x -18%
9 Tan Binh $425/mo 0.85x -15%
10 District 5 (Chinatown) $425/mo 0.85x -15%
11 Thu Duc $440/mo 0.88x -12%
12 District 10 $440/mo 0.88x -12%
13 District 4 $450/mo 0.90x -10%
14 Phu Nhuan $475/mo 0.95x -5%
15 Binh Thanh $510/mo 1.02x +2%
16 District 7 (Phu My Hung) $560/mo 1.12x +12%
17 District 3 $575/mo 1.15x +15%
18 District 2 (Thao Dien) $610/mo 1.22x +22%
19 District 1 $650/mo 1.30x +30%

Rent estimates based on city average of $500/mo adjusted by neighborhood cost index. Index 1.00 = city average.

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Frequently Asked Questions

What is the cheapest neighborhood in Ho Chi Minh City?

The cheapest neighborhood in Ho Chi Minh City is Binh Tan, with an estimated 1-bedroom rent of $360/month — 28% below the city average.

What is the average rent in Ho Chi Minh City?

The average 1-bedroom rent in Ho Chi Minh City is approximately $500/month. Rents range from $360/mo (Binh Tan) to $650/mo (District 1).

How many neighborhoods does Ho Chi Minh City have?

Our database covers 19 neighborhoods in Ho Chi Minh City, each with detailed cost-of-living and salary data.

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