In which Swiss canton are rents the highest and lowest in 2022?
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Loading... - Mandy Hill
- 09 Feb 2022
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The fact that rents differ from one to another of Switzerland’s 26 cantons is not exactly breaking news.
But what might be surprising is how big the disparities are, particularly in cantons which are only a short trip from another.
According to a new large-scale study carried out by Swiss Marketplace Group (SMG), rents in Switzerland’s most expensive canton are more than three times higher than those in the cheapest.
The survey, which used data from ImmoScout24 and Homegate real estate platforms, found that the cost of a 3.5-room apartment in the canton of Zug — the most expensive in Switzerland — is equivalent to the rents of almost three apartments of the same size in Jura.
The 3.5-room flats, which typically consist of a living room and two bedrooms, in addition to kitchen and bathroom, are the most sought-after accommodations in Switzerland, according to SMG.
Geneva and Vaud are two other cantons where rents for a 3.5-room property are notoriously high — 2,248 and 1,895 francs respectively.
On one hand, the study found “the average price difference of more than 1,200 francs between the expensive canton of Zug and the relatively affordable canton of Jura”.
On the other, “there are many cantons in the lower and middle price segments, where asking prices have risen over the past year. This, combined with stable and falling rents in the upper price segment, means that the rent gap has started to close”.
This map shows where the cheapest and priciest rents can be found.
