Gross rental yields in Switzerland: Zurich and 7 other cities
The average gross rental yield in Switzerland stands at 3.05% (2024, Q1). Previously, in Q3, 2023 the average gross rental yield stood at 3.08%.
- Zurich
- Geneva
- Vaud
- Ticino
- Valais
- Bern
- Aargau
- Fribourg
Last Updated: Feb. 16, 2024 | |||
CANTON OF ZURICH - Apartments | COST (€) | YIELD (p.a.) | |
TO BUY | MONTHLY RENT | ||
Zurich (all locations) | |||
1-Bedroom | €861,046 | €2,313 | 3.22% |
2-Bedroom | €1,101,609 | €2,538 | 2.76% |
3-Bedroom | €1,380,323 | €2,787 | 2.42% |
4+Bedroom | €1,714,144 | €3,614 | 2.53% |
Canton of Zurich avg. Rental Yields | 2.74% | ||
CANTON OF GENEVA - Apartments | COST (€) | YIELD (p.a.) | |
TO BUY | MONTHLY RENT | ||
Geneva (all locations) | |||
1-Bedroom | €837,202 | €1,870 | 2.68% |
2-Bedroom | €1,324,686 | €2,480 | 2.25% |
3-Bedroom | €1,430,661 | €3,116 | 2.61% |
4+Bedroom | €2,225,473 | €5,113 | 2.76% |
Canton of Geneva avg. Rental Yields | 2.57% | ||
CANTON OF VAUD - Apartments | COST (€) | YIELD (p.a.) | |
TO BUY | MONTHLY RENT | ||
Vaud (all locations) | |||
Studio | €476,887 | €1,134 | 2.85% |
1-Bedroom | €630,550 | €1,685 | 3.21% |
2-Bedroom | €879,591 | €2,087 | 2.85% |
3-Bedroom | €1,208,114 | €2,753 | 2.73% |
4+Bedroom | €1,790,976 | €3,677 | 2.46% |
Canton of Vaud avg. Rental Yields | 2.82% | ||
CANTON OF TICINO - Apartments | COST (€) | YIELD (p.a.) | |
TO BUY | MONTHLY RENT | ||
Ticino (all locations) | |||
Studio | €339,119 | €996 | 3.52% |
1-Bedroom | €519,277 | €1,378 | 3.18% |
2-Bedroom | €630,550 | €1,611 | 3.07% |
3-Bedroom | €921,981 | €1,960 | 2.55% |
4+Bedroom | €1,979,081 | €3,391 | 2.06% |
Canton of Ticino avg. Rental Yields | 2.88% | ||
CANTON OF VALAIS - Apartments | COST (€) | YIELD (p.a.) | |
TO BUY | MONTHLY RENT | ||
Valais (all locations) | |||
Studio | €227,644 | €954 | 5.03% |
1-Bedroom | €418,601 | €1,462 | 4.19% |
2-Bedroom | €572,264 | €1,822 | 3.82% |
3-Bedroom | €720,629 | €2,225 | 3.71% |
4+Bedroom | €1,106,378 | €3,497 | 3.79% |
Canton of Valais avg. Rental Yields | 4.11% | ||
CANTON OF BERN - Apartments | COST (€) | YIELD (p.a.) | |
TO BUY | MONTHLY RENT | ||
Bern (all locations) | |||
1-Bedroom | €508,679 | €1,472 | 3.47% |
2-Bedroom | €701,024 | €1,484 | 2.54% |
3-Bedroom | €842,500 | €1,855 | 2.64% |
4+Bedroom | €1,041,203 | €2,459 | 2.83% |
Canton of Bern avg. Rental Yields | 2.87% | ||
CANTON OF AARGAU - Apartments | COST (€) | YIELD (p.a.) | |
TO BUY | MONTHLY RENT | ||
Aargau (all locations) | |||
1-Bedroom | €569,085 | €1,588 | 3.35% |
2-Bedroom | €725,928 | €1,855 | 3.07% |
3-Bedroom | €932,579 | €2,066 | 2.66% |
4+Bedroom | €1,218,711 | €2,649 | 2.61% |
Canton of Aargau avg. Rental Yields | 2.92% | ||
CANTON OF FRIBOURG - Apartments | COST (€) | YIELD (p.a.) | |
TO BUY | MONTHLY RENT | ||
Fribourg (all locations) | |||
1-Bedroom | €418,601 | €1,447 | 4.15% |
2-Bedroom | €596,109 | €1,717 | 3.46% |
3-Bedroom | €784,214 | €2,063 | 3.16% |
4+Bedroom | €969,670 | €2,580 | 3.19% |
Canton of Fribourg avg. Rental Yields | 3.49% | ||
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 |
Switzerland's Historic Rental Yield Data
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).