RESIDENTIAL MARKET CITY OF ZURICH

DEVELOPMENT OF RENTS AND SALE PRICES CITY OF ZURICH

RENTS AND SALE PRICES BY MARKET AREA

Net rent
CHF/m² p.a.
Median
CHF/m² p.a.
advertising period in days purchase price
CHF/m²
Median
CHF/m²
advertising period in days
District 1, Town hall, Universities, Lindenhof, city 405-1285 605 37 9930-28700 22220 24
District 2, Wollishofen, Leimbach, Enge 290-610 400 18 10935-20380 15835 7
Distric 3, Altwiedikon, Friesenberg, Sihlfeld 295-815 430 17 6990-25415 15515 15
District 4, Werd, Langstrasse, Hard 320-980 495 26 10685-21955 14790 6
District 5, Vocational school, Escher Wyss 320-750 430 14 18135-26440 20395 22
District 6, Oberstrass, Unterstrass 275-725 420 19 12435-23260 18630 16
District 7, Fluntern, Hottingen, Hirslanden, Witikon 260-715 410 20 8560-22745 18440 17
District 8, Seefeld, Mühlebach, Weinegg 365-870 490 25 8530-22000 18705 21
District 9, Albisrieden, Altstetten 270-660 350 14 11390-17245 13890 8
District 10, Höngg, Wipkingen 260-510 345 18 11360-19625 15325 19
District 11, Affoltern, Oerlikon, Seebach 245-640 345 22 10535-15950 12745 29
District 12, Saatlen, Schwamendingen Mitte, Hirzenbach 230-280 295 19 9630-14630 12055 27
The Zurich residential market continues to be highly sought-after – although many apartment seekers may have expanded their geographical search radius in 2021. The high demand for living space is reflected in the extremely low vacancy rate of 0.17 % and in the development of rental and purchase prices. Rental prices rose or remained stable in the city’s 12 districts in 2021, despite a slightly longer advertising duration. A similar picture can be seen with purchase prices, which were already high and trended upwards again throughout nearly the entire city. Small apartments in Zurich should continue to have good marketing prospects, as the city remains an attractive place to live, particularly for young singles and couples. However, the search subscriptions for the city of Zurich also show an increasing excess demand for large apartments.