Magna, UT Rental Market Trends
Last updated: May 09, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Magna is $1,664, a 0.18% increase compared to the previous year, when the average rent was $1,661.
One-bedroom apartments provide 744 square feet for $1,247, balancing privacy and affordability.
Two-beedroom units at $1,661 offer 1,002 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,245 sq ft) for $1,955, suitable for larger households.
Average rent in Magna, UT
Last updated: May 09, 2026
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,664 | 1,035 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $1,247 | 744 sq. ft. |
| 2 Beds | $1,661 | 1,002 sq. ft. |
| 3 Beds | $1,955 | 1,245 sq. ft. |
Magna, UT rent trends
Rental prices in Magna, UT have increased by 0.18% over the past year. The average rent moved from $1,661 to $1,664.
What's the typical rent budget in Magna, UT?
The largest share of rentals in Magna, UT (56%) 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?
1,386 or 21% of the households in Magna, UT are renter-occupied while 5,196 or 79% are owner-occupied.
How Magna Compares to Other Cities
| City | Average Rent |
|---|---|
| Magna | $1,664 |
| Salt Lake City | $1,586 |
| Ogden | $1,504 |
| Logan | $1,787 |
| Provo | $1,914 |
| Midvale | $1,507 |
| Layton | $1,471 |
| Orem | $1,705 |
| Sandy | $1,592 |
| West Valley City | $1,532 |
| West Jordan | $1,569 |
| Clearfield | $1,503 |
| Murray, UT | $1,431 |
| South Salt Lake, UT | $1,516 |
| Draper | $1,714 |
| West Haven, UT | $1,697 |
| Herriman | $1,719 |
| Riverton | $1,978 |
| American Fork, UT | $1,701 |
| South Jordan | $1,714 |
| Lehi, UT | $1,857 |
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.