In which Swiss canton can you find a rental bargain?

In which Swiss canton can you find a rental bargain?
Sign on this Swiss building says "for rent." Photo: FRED DUFOUR / AFP
The cost of renting an apartment in Switzerland depends on the region. A new study shows where the rents are highest and lowest.

Rented accommodations are most expensive in the Swiss canton of Zug, according to a study by Federal Statistical Office (FSO).

Average monthly rents for a three-to-four room property in the tiny canton, which is home to dozens of multinational companies, is 1,883 francs.

Average monthly rents for a three to four room property in the two cantons ranged between 1,486 and 1,508 francs in 2019.

In the second place is the canton of Zurich (1,663 francs per month), followed by Schwyz (1,612 francs) and Nidwalden (1,553 francs).

READ MORE: Reader question: How do I challenge my rent in Switzerland? 

Geneva and Vaud are next on the list, with average monthly rents of 1,508 francs and 1,486 francs, respectively.

In contrast, the same size apartment in Jura costs 967 francs — the lowest rate in Switzerland — and 1,000 in Neuchâtel.

The Swiss average for a three to four-room dwelling is 1,362 francs, the OFS reported.

This chart shows how your canton rates in terms of rents.

For most tenants in Switzerland — 62 percent — the monthly rent ranged between 1,000 and 1,999 francs, while a quarter of households paid a monthly rent of less than 1,000 francs.

Switzerland had 2.3 million tenants in 2019, while 1.4 million people owned their homes.

An earlier study showed that residential property prices continue to climb in Switzerland despite the pandemic, having increased by 2.5 percent in 2020.

Both owned and rented housing is most expensive in the Lake Geneva region, which encompasses cantons of Geneva and Vaud.


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