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City Report · UT

Magna

·32nd most expensive in Utah·Rental market data updated monthly for Magna, UT
Median rent (all units)
$1,657/mo
Year-over-Year
Stable
Month-over-Month
-4.4%
vs US Median
-$308
Falling (Monthly)
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Most AffordableMost Expensive
Magna · $1,657
More affordable than 65% of US cities · National median $1,965/mo
Affordability
28% of income
AFFORDABLE
0%30% benchmark60%+

At $1,657/mo, rent takes about 28% of the US median household income, comfortably within the 30% benchmark.

Income to afford
$66,000/yr
US median income
$72,000/yr
Based on the 30%-of-income rule using Magna's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,240
1 BR
$1,450
2 BR
$1,750
3 BR
$2,350
4 BR+
$2,670
Research median
$1,750/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$19,884/yr
At $1,657/mo median
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 0.0% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (+0.0% YoY, -4.4% MoM), not inventory.
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Community

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View Magna rent history (2015–2026) →
Salary vs rent

Can you afford rent in Magna on your salary?

At $1,657/mo, how Magna rent compares to typical pay (30% rule).

By apartment size

Magna rent by bedroom count

Median rent for each apartment size in Magna. Click any size for full breakdown.

Local insights

Tips for renters in Magna

About renting in Magna, UT

Last updated: July 20, 2026

The median rent in Magna is $1,657/mo as of July 2026. A studio apartment averages $1,240/mo while a 2-bedroom runs $1,750/mo. One-bedroom apartments average $1,450/mo and 3-bedroom units go for $2,350/mo.

At 28% of estimated US median household income ($72,000/yr), Magna ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Magna an affordable city for renters?

Magna is considered affordable for renters. At $1,657/mo, rent takes approximately 28% of the US median household income ($72,000/yr). The standard benchmark is 30%. Magna falls comfortably within that range.

How much income do you need to rent in Magna?

To keep rent at or below 30% of gross income, you would need to earn at least $66,000/year (~$32/hour full-time) to afford the median rent of $1,657/mo in Magna.

Is rent going up or down in Magna?

Rent in Magna has been relatively stable over the past year, with a 0.0% change year over year as of July 2026.

How does Magna rent compare to other cities in Utah?

Magna is middle-of-the-pack for Utah for rent, ranking #32 out of 56 tracked cities at $1,657/mo.

Which nearby cities are cheaper to rent in than Magna?

Several nearby cities have lower median rents than Magna ($1,657/mo): West Valley City ($1,504/mo), West Jordan ($1,656/mo).

How does Magna rent compare to the national average?

Magna's median rent of $1,657/mo is $308 (16%) below the US national median of $1,965/mo. Within Utah, it ranks #32 out of 56 tracked cities.
Income Affordability
28%
AFFORDABLE

At $1,657/mo, rent takes ~28% of US median household income ($72,000/yr). The standard benchmark is 30%.

Magna 28%Benchmark 30%
State income tax4.55%
Run the Magna affordability calculator →
Lowest-rent ZIP codes in Magna
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Magna, UT

Recent submissions

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