There are many many apt for rent in HCMC, and the rentals range from US$ 500 to $2,000 depending on the quality of the building, its location, its amenities (gym, swimming pool, parking, garden…). But as anywhere else, you have to focus on the first priority: location, the second criterion: location, and the third element: location. If you stay in a perfect work of architecture, surrounded by large green space, situated near a main thoroughfare, with an affordable rental… but you have to spend 2 hours everyday to travel through the most congested areas full of toxic fumes to get to your work or your favorite places - then the apartment would not be worth your consideration.
To properly evaluate an apartment location, there is no better way than coming to the spot to see it by yourself, rather than calculating distances on Google maps, which is far from giving you accurate information about traffic conditions of your favorite itineraries.
There is another factor: the security. Phu My Hung residential complex has been considered so far the safest place for both locals and foreigners. You can pay an extra but you can leave your apt unattended for some months without any fear of burglary, which is quite rampant in HCMC. Other condos developed by well-known foreign real-estate enterprises are also worth your attention.