Recently, the rental property market in Bình Dương has experienced significant growth, attracting investment due to appealing price levels. The demand for rental properties is rising, creating opportunities for investors.<\/p>
According to survey data, from February 18 to 25, 2025, there were 28,458 searches for renting options such as private homes, townhouses, and apartments from the website Batdongsan.com.vn. Rent prices for apartments are around 10 million VND per month, with townhouses averaging rent from 10 to 12 million VND, and detached houses ranging from 15 to 25 million VND per month.
Quang Minh, 50, from Ho Chi Minh City, shared, "The rental market in Bình Dương is very promising. I invested in a townhouse for rent, which is also seen as accumulating assets." He revealed he purchased his home located right in Thuận An city for about 5 billion VND and currently rents it out at 15 million VND per month.
Bích Ngân, from Thủ Đức, pointed out the flexibility of renting townhouses, allowing options such as renting the entire house or by the floor. Presently, there’s considerable demand for townhouses, especially from professionals working within nearby industrial zones, and young families with stable incomes who prefer spacious, comfortable living environments.
Another significant advantage fostering rental price increases is Bình Dương's status as the "industrial capital" of Vietnam, home to 29 industrial zones covering 12,721 hectares, which accounts for 13% of all industrial zones nationwide. With plans to expand to 42 industrial zones by 2030, increasing the area to 18,600 - 21,000 hectares, Bình Dương aims to draw workers and foreign experts, significantly impacting rental demand.
The occupancy rate of industrial zones currently sits at 91%, providing 551,380 jobs. Projections suggest Bình Dương will add 15,000 new laborers by 2030. The province indicates a stable annual population growth rate of around 5.06%, marking it as one of the fastest-growing populations nationally. From 2019 to 2024, the province's population advanced from 2.4 million to 3.1 million, demonstrating the province's economic growth and migration from other areas seeking employment.
Simultaneously, Bình Dương is dedicaging the majority of its 35 trillion VND public investment fund for 2025 to key infrastructure projects such as the Ho Chi Minh City – Thủ Dầu Một – Chơn Thành expressway and National Highway 13 expansion. These improvements will finalize transportation networks, facilitating trade and commuting efficacy, which is expected to spur urban expansion from Ho Chi Minh City.
The rental property market is now entering a new growth phase, propelled by improved legal frameworks and support for businesses and residents. Unlike central urban areas with skyrocketing prices less aligned with average income, property price increases are anticipated to spill over from surrounding locations.
With these foundations, there are expectations for sustained activity growth within Bình Dương’s rental market, fostering both rental prices and property values. Among the noteworthy areas of interest is Thuận An City, equipped with three industrial parks and three clusters, lying strategically at the northeastern gateway of Ho Chi Minh City. Despite the market’s potential, experts recommend investors carefully outline their objectives, resources, and thoroughly assess various aspects such as the properties' regulatory status and location to minimize risks and optimize returns.