Rents rising faster than inflation in Switzerland, new study finds

Asking rents in Switzerland have risen rapidly over the past year, according to new figures. The rate of increase is outpacing inflation. 

Rents in Switzerland up 2,4 percent in one year

While price increases for everyday items have flattened down in recent months, the cost of renting in Switzerland continues to rise rapidly, according to a new study by the real estate platform Newhome, put together in collaboration with the Swiss Real Estate Institute and the Swiss Real Estate Association.

As 20 Minuten reports, asking rents in Switzerland rose by an average of 2,4 percent between July 2024 and June 2025 compared to the same period in the previous year. The price development of rents is therefore twice as high as inflation, which most recently fell to 1,1 percent. 

Prices rose the fastest in eastern and central Switzerland

According to the report, prices rose in almost all regions examined - although the analysis notably does not include figures from western Switzerland. 

Price increases were highest in eastern Switzerland, where rents are comparably low, and the already pricy central Swiss region - coming in at an average of 2,9 percent in both regions. Only in Ticino did prices fall, by a significant 5,6 percent. 

Newhome reports that the most expensive region for rental properties in Switzerland remains Canton Zurich, where asking rents hit an average of 2.418 Swiss francs in the period between July 2024 and June 2025 (an increase of 2,1 percent compared to the previous period). The next most expensive region is central Switzerland, with average asking rents of 1.976 Swiss francs. Rents are now broadly similar in northwestern Switzerland (1.691 Swiss francs) and Ticino (1.685 Swiss francs). 

The report also showed that the vacancy rate has decreased significantly across Switzerland, reaching a record low of 1.08 percent nationwide. In Zurich, only 0,56 percent of homes remain unrented, compared to 2,08 percent in Ticino.