The average gross rental yield in Switzerland stands at 3.08% (2023, Q3).

• Zurich
• Valais
• Bern
• Geneva
• Aargau
• Fribourg
• Vaud
• Ticino

		Last Updated: Aug. 30, 2023
CANTON OF ZURICH - Apartments	COST (€)		YIELD (p.a.)
	TO BUY	MONTHLY RENT
Zurich (all locations)
1-Bedroom	€805,010	€2,623	3.91%
2-Bedroom	€1,038,722	€2,566	2.96%
3-Bedroom	€1,251,660	€2,701	2.59%
4+Bedroom	€1,417,337	€3,532	2.99%
Canton of Zurich avg. Rental Yields			3.11%
CANTON OF GENEVA - Apartments	COST (€)		YIELD (p.a.)
	TO BUY	MONTHLY RENT
Geneva (all locations)
1-Bedroom	€820,591	€2,732	4.00%
2-Bedroom	€1,098,449	€2,348	2.57%
3-Bedroom	€1,443,824	€3,251	2.70%
4+Bedroom	€2,337,125	€4,508	2.31%
Canton of Geneva avg. Rental Yields			2.89%
CANTON OF VAUD - Apartments	COST (€)		YIELD (p.a.)
	TO BUY	MONTHLY RENT
Vaud (all locations)
Studio	€545,376	€1,085	2.39%
1-Bedroom	€550,522	€1,589	3.46%
2-Bedroom	€794,622	€1,922	2.90%
3-Bedroom	€1,124,417	€2,373	2.53%
4+Bedroom	€1,604,826	€3,163	2.37%
Canton of Vaud avg. Rental Yields			2.73%
CANTON OF TICINO - Apartments	COST (€)		YIELD (p.a.)
	TO BUY	MONTHLY RENT
Ticino (all locations)
Studio	€522,332	€935	2.15%
1-Bedroom	€503,780	€1,309	3.12%
2-Bedroom	€683,822	€1,548	2.72%
3-Bedroom	€1,017,948	€1,776	2.09%
4+Bedroom	€1,807,377	€3,874	2.57%
Canton of Ticino avg. Rental Yields			2.53%
CANTON OF VALAIS - Apartments	COST (€)		YIELD (p.a.)
	TO BUY	MONTHLY RENT
Valais (all locations)
Studio	€218,132	€914	5.03%
1-Bedroom	€388,482	€1,278	3.95%
2-Bedroom	€534,942	€1,665	3.73%
3-Bedroom	€685,557	€1,922	3.36%
4+Bedroom	€1,142,595	€3,952	4.15%
Canton of Valais avg. Rental Yields			4.05%
CANTON OF BERN - Apartments	COST (€)		YIELD (p.a.)
	TO BUY	MONTHLY RENT
Bern (all locations)
1-Bedroom	€491,666	€1,445	3.53%
2-Bedroom	€636,534	€1,403	2.64%
3-Bedroom	€789,822	€1,715	2.61%
4+Bedroom	€932,717	€2,286	2.94%
Canton of Bern avg. Rental Yields			2.93%
CANTON OF AARGAU - Apartments	COST (€)		YIELD (p.a.)
	TO BUY	MONTHLY RENT
Aargau (all locations)
1-Bedroom	€737,777	€1,554	2.53%
2-Bedroom	€688,496	€1,808	3.15%
3-Bedroom	€852,176	€1,988	2.80%
4+Bedroom	€1,122,378	€3,834	4.10%
Canton of Aargau avg. Rental Yields			3.14%
CANTON OF FRIBOURG - Apartments	COST (€)		YIELD (p.a.)
	TO BUY	MONTHLY RENT
Fribourg (all locations)
1-Bedroom	€436,481	€1,341	3.69%
2-Bedroom	€607,955	€1,694	3.34%
3-Bedroom	€753,448	€1,912	3.05%
4+Bedroom	€1,452,493	€3,476	2.87%
Canton of Fribourg avg. Rental Yields			3.24%
All yields are gross - i.e., before taxes, repair costs, ground rents, estate agents fees, and any other costs. Net yields (what you´ll really earn) are typically around 1.5% to 2% lower. Source: Global Property Guide and Immoscout24

Research Methodology: To conduct this research, we searched for studio, 1-bedroom, 2-bedroom, 3-bedroom, and 4-bedroom apartments in the largest cities of Switzerland. We used the local website for both buying and renting prices to determine the average gross rental yields (Monthly Rent x 12 / Purchase Price).

For instance, if the monthly rent is €500 and the purchase price is €100,000, the calculation would be: €500 (Monthly Rent) x 12 / €100,000 (Purchase Price) = 6% (Gross Rental Yield).