Whether you are a property owner or a tenant looking for a new flat to rent, it is always useful to know the average rental prices in Switzerland. Here we look at the 5 cantons with the highest rents and the 5 cantons with the most affordable rental market.
Rent prices in Switzerland: 5 cantons where prices are soaring
Not surprisingly, the most expensive canton is Zug. Although it is one of the smallest cantons in the country, it is also one of the richest. Its average GDP per capita is the second highest in Switzerland. The average rent here is CHF 1,837, with a record increase of 36% in 20 years.
You will also not be surprised to find the canton of Zurich (2nd with an average rent of CHF 1,550) and Geneva (5th with an average rent of CHF 1,416) in this ranking of the most expensive rents in Switzerland. Prices are driven by the strong attractiveness of the cities of Zurich and Geneva, which are among the most important in the country.
In addition, tenants and property owners alike were able to see the sharp increase in rent in the canton of Schwyz, which has risen by 33.16% over the past 20 years to an average of CHF 1,546, placing it in third place in our top five. Also unexpectedly in 4th place is the canton of Nidwalden with an average rent of CHF 1,469.
Rent prices in Switzerland: 5 cantons where property prices remain the most affordable
The prices for renting a flat in Switzerland are not always that high. In some cantons, rent in Switzerland appears more affordable. This is the case in the canton of Appenzell Innerrhoden, where the average rent is CHF 1,131, thanks to the smallest increase in the country (13.67%). The third-largest canton in terms of floor space is also among the cantons where rents in Switzerland remain cheap. The average rent for a flat in the canton of Valais is CHF 1,127. The next largest canton is Glarus, with 40,000 inhabitants, where the average rent is CHF 1,122. And to find unbeatable prices for renting a flat in Switzerland, head to the west of the country. The cantons of Neuchâtel and Jura are the two cheapest, with rents below CHF 1,000. For example, a flat in Jura costs half as much (CHF 907) as a flat in the canton of Zug (CHF 1,837). With this information, you can view the real estate listings by canton on SherlockHomes.
This article is not exhaustive and does not engage the responsibility of its author.