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Here is where rents are most expensive in Switzerland

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Here is where rents are most expensive in Switzerland
The Swiss city of Zug in summer. File photo: Depositphotos
20:33 CET+01:00
The average monthly rent in Switzerland in 1,329 Swiss francs (€1,170), new figures show. Here is where you can expect to pay the most – and the least.

The latest figures from the Federal Statistics Office (FSO) look at 2017. They show the average rent across Switzerland that year was almost unchanged from 2016 (when it was 1,322 francs).

At a canton by canton level, the highest rents were in the wealthy, low-tax canton of Zug, in Zurich, and in Schwyz – where taxes are also low. Again, there was very little movement in prices from 2016 to 2017.

At the other end of the scale, the cheapest average rents were to be found in the cantons of Jura and Neuchâtel (both in western Switzerland) and in the eastern Swiss canton of Glarus.

But a straight canton by canton comparison is obviously not that useful, as what you actually get for your 'average rent' is going to be very different depending on what part of Switzerland you live in.

However, figures from the Swiss Real Estate Offer Index and property portal Immoscout 24 provide more detail in terms of an 'apples with apples' comparison.

These figures show the average rental price for 100m2 apartments across Switzerland last year – although only at the level of ‘large regions’.

They reveal the Zurich region was most expensive – 2,620 francs for a 100m2 apartment last year. The Lake Geneva region came second (2,450 francs) and the central Switzerland region was third (2,205 francs).

Meanwhile, the cheapest region was eastern Switzerland (1,829 francs for a 100m2 apartment last year).

Further FSO statistics for 2017 that can also help with price comparisons reveal average prices for 3–4 room apartments across Switzerland – although size is not factored in here.

These FSO figures – which are not very different from the numbers in the chart above – show that the canton of Zug had the most expensive average rental price for 3-4 room apartments in Switzerland in 2017 (1,869 francs), followed by Zurich (1,606 francs) and Schwyz (1,595 francs).

Again, the cheapest average rents for 3-4 room apartments were in the cantons of Jura, Neuchâtel and Glarus.

Switzerland's biggest renters

The new FSO figures show three out of ten Swiss households pay a rent of less than 1,000 francs.

The highest proportion of renters are in Basel (84 percent of all households) and Geneva (74 percent). In the canton of Zurich, the figure is 69 percent. Swiss wide, it's 59 percent.

Read also: Eight things to know before renting in Switzerland

 
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