Here’s how much rent prices across Switzerland fell by in 2019

The Local
The Local - [email protected] • 7 Jan, 2020 Updated Tue 7 Jan 2020 10:50 CEST
Here’s how much rent prices across Switzerland fell by in 2019

Good news for renters in Switzerland this year, with rental prices falling on average across the country in 2019. Here’s the average drop - and where they declined the most.

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Rents in Switzerland declined by an average of 0.5 percent last year, figures from the end of 2019 show. 

The fall was strongest in December, where rents decreased by 0.4 percent. 

READ: Rent prices in Switzerland likely to fall next year

The figures, published on Tuesday, come from Swiss property and rentals company ImmoScout24 and real estate consultancy CIFI. 

Besides highlighting an overall decline in rents, the percentage figures also show stark regional variations across the country. 

Central and north-western Switzerland saw the biggest drops, with 1.7 percent and 0.9 percent respectively - while rents in the Lake Geneva region decreased by 1.1 percent. 

No longer cheaper to buy?

Buying has often been thought of as a way of saving money in Switzerland, although recent figures show that perhaps a few other people had the same idea.

READ: Is it better to rent than to buy in Switzerland? 

Prices for buying increased across Switzerland by around 2.8 percent - including an increase of 0.5 percent in December alone. 

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A spokesperson for ImmoScout24 said low interest rates were fuelling the demand for buying as opposed to renting in Switzerland, 


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