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These days, finding an affordable place to live in the Switzerland area can be challenging. Home prices in Switzerland are now at a median cost of $458,782, higher than the South Carolina average of $296,593.
The average cost of rent is $1,342/mo in Switzerland, primarily driven by the current value of real estate in the Switzerland area. In Switzerland, 27.84% of households rent, and 39.75% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Switzerland is $5,831 per month. Households that rent pay about 23.02% of their income on rent here. Switzerland’s most expensive areas are in the southern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
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