Magna, UT Rental Market Trends
Last updated: February 20, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Magna is $1,641, a 1% decrease compared to the previous year, when the average rent was $1,657.
One-bedroom apartments provide 744 square feet for $1,240, balancing privacy and affordability.
Two-beedroom units at $1,580 offer 987 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,241 sq ft) for $1,944, suitable for larger households.
Average rent in Magna, UT
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,641 | 1,026 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $1,240 | 744 sq. ft. |
| 2 Beds | $1,580 | 987 sq. ft. |
| 3 Beds | $1,944 | 1,241 sq. ft. |
Magna, UT rent trends
Rental prices in Magna, UT have decreased by 1% over the past year. The average rent moved from $1,657 to $1,641.
What's the typical rent budget in Magna, UT?
The largest share of rentals in Magna, UT (49%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Magna, UT?
1,297 or 20% of the households in Magna, UT are renter-occupied while 5,103 or 80% are owner-occupied.
How Magna Compares to Other Cities
| City | Average Rent |
|---|---|
| Magna | $1,641 |
| Salt Lake City | $1,574 |
| Ogden | $1,490 |
| Provo | $1,835 |
| Logan | $1,756 |
| Midvale | $1,489 |
| Layton | $1,452 |
| Orem | $1,667 |
| West Valley City | $1,523 |
| Clearfield | $1,472 |
| Sandy | $1,581 |
| West Jordan | $1,559 |
| Herriman | $1,687 |
| Murray, UT | $1,439 |
| Draper | $1,695 |
| West Haven, UT | $1,725 |
| South Salt Lake, UT | $1,527 |
| Riverton | $1,964 |
| South Jordan | $1,697 |
| American Fork, UT | $1,690 |
| Bountiful, UT | $1,470 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Magna apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.