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

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).