• Renter Tools
    • Favorites
    • Saved Searches
  • Manage Rentals
  • Apartments For Rent
  • Houses For Rent
  • Condos For Rent
  • Townhomes For Rent
  • Help Center
  • Area Guide
  • Rent Calculator

Language

Apartments.com Logo
Manage Rentals      Sign Up / Sign In
Add a Property

Rental Market Trends in Magna, UT

What is the average rent in Magna, UT?

$1,301/month

Average Rent

749 Sq Ft

Average Apartment Size

-1.3%

Decrease in the Last Year

Magna, UT Rental Market Overview

The average rent in Magna, UT is $1,301 per month. This is 21% lower than the national average rent of $1,644/month, making renting in Magna more affordable than most cities in the US.

  • Studio apartments in Magna average per month.
  • One-bedroom apartments in Magna average $1,301 per month.
  • Two-bedroom apartments in Magna average $1,587 per month.
  • Three-bedroom apartments in Magna average $1,933 or more per month.

Data Updated: June, 2026

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,301/month
749 Sq Ft
Two Bedroom
$1,587/month
1,041 Sq Ft
Three Bedroom
$1,933/month
1,269 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Magna, UT?

In the past year, rent has decreased by 1.3%, which averages out to $16 less per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated June 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Magna, UT
Last Updated June 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Magna, UT
Percentage*
Rent Range
0% Below $700/month
12% $700 - $1,000/month
38% $1,001 - $1,500/month
38% $1,501 - $2,000/month
12% Above $2,000/month

What salary do I need to live comfortably in Magna, UT?

Because the average rent in Magna is $1,301, you’ll want to make about $4,336 per month or $52,032 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Magna, UT

118 Available Apartments for Rent

Search for Nearby Apartments

How does Magna, UT compare to other nearby cities and neighborhoods?

Use the tool below to compare Magna, UT to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Magna, UT

Apartment Averages

Nearby City Rent Trends

  • West Valley Average Rent
  • West Valley City Average Rent
  • Taylorsville Average Rent
  • West Jordan Average Rent
  • Salt Lake City Average Rent
  • South Salt Lake Average Rent

Apartment communities in Magna we think you'll love

Linden Hill

Linden Hill

8279 W Arbor Park Dr,
Magna, UT 84044

$1,295 - $1,930

1-3 Beds

Valley View

Valley View

8548 W Henderson Way,
Magna, UT 84044

$1,319 - $2,129

1-3 Beds

Oquirrh Hills

Oquirrh Hills

2842 S 8440 W,
Magna, UT 84044

$1,125 - $1,939

1-3 Beds

Elk Run Apartments

Elk Run Apartments

8525 W Elk Mountain Rd,
Magna, UT 84044

$1,349 - $2,059

1-3 Beds

Learn More with Helpful Articles

5 Tips For Moving into Your First Apartment

Move in stress-free - the first time's a charm!

The Benefits of Renters Insurance

Better safe than sorry! Protect yourself(and your stuff) with renters insurance.

How to Choose an Apartment Community You’ll Love

Avoid renter's remorse - know what to look for in your next apartment.

How Much Should I Spend on Rent?

It's time to break down your budget and calculate costs.

Explore the Renterverse

Rental management, simplified

Our all-in-one suite of property manangement software makes the rental process easy. Screen tenants, manage payments, and more – all on Apartments.com

Start managing your rentals
United States Utah Magna Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

  • About Us
  • Advertise
  • Legal Notices
  • Privacy Notice
  • Avoid Scams
  • Accessibility
  • Blog
  • Newest Listings
  • Sitemap
apartments.com
© 2026 CoStar Group, Inc. Equal Housing Opportunity

Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity