What is the median rent in Magna metro Township, UT?
The median gross rent in Magna metro Township, UT is $1,625 (±$185) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 1,854 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In Magna metro Township, the median gross rent went from $1,120 in 2015–2019 to $1,625 in 2020–2024 (+45.1%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Figures last updated on .
- Median gross rent
- $1,625 (±$185)
- Rented homes
- 1,854 (±354)
- $2,000 or more
- 31.3%
- Since 2015–2019
- +45.1%
How much rent costs in Magna metro Township
| Monthly gross rent | Magna metro Township | Salt Lake County | Utah | United States |
|---|---|---|---|---|
| Less than $500 | 4.5% (±3.4 points) | 3.5% | 4.1% | 6.3% |
| $500 to $999 | 7.8% (±5.5 points) | 9.2% | 15.1% | 20.2% |
| $1,000 to $1,499 | 31.4% (±9.0 points) | 31.5% | 31.1% | 28.1% |
| $1,500 to $1,999 | 25.0% (±8.2 points) | 31.4% | 28.1% | 21.1% |
| $2,000 to $2,499 | 30.0% (±9.5 points) | 15.5% | 13.9% | 12.0% |
| $2,500 to $2,999 | 1.3% (±1.6 points) | 5.8% | 4.8% | 5.5% |
| $3,000 or more | 0.0% (±2.0 points) | 3.1% | 3.0% | 6.8% |
The most common range is $1,000 to $1,499, paid by 31.4% of renting households.
31.3% of rented homes in Magna metro Township cost $2,000 or more a month.
Magna metro Township against Salt Lake County, its state and the nation
| Magna metro Township | Salt Lake County | Utah | United States | |
|---|---|---|---|---|
| Median gross rent | $1,625 (±$185) | $1,592 (±$16) | $1,496 (±$9) | $1,413 |
| Rented homes paying rent | 1,854 (±354) | 140,410 (±2,957) | 322,036 (±4,536) | 42,849,984 |
In Magna metro Township, median gross rent is not measurably different from Salt Lake County ($1,592).
It is not measurably different from Utah ($1,496).
It is higher than the national figure ($1,413).
In Salt Lake County, Magna metro Township ranks 12 of 21 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 58 of 208.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Magna metro Township has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $1,120 (±$108) | $1,625 (±$185) | +45.1% | Up after inflation |
| Households that rent | 24.7% (±2.9 points) | 21.1% (±3.4 points) | −3.6 percentage points | Not a measurable change |
| Rental vacancy rate | 0.0% (±1.5 points) | 4.4% (±4.5 points) | +4.4 percentage points | Not a measurable change |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median gross rent in places near Magna metro Township
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Magna metro Township | — | $1,625 (±$185) | — |
| West Valley City | 10 mi | $1,504 (±$53) | Not measurably different |
| Stansbury Park | 11 mi | $1,707 (±$645) | Not measurably different |
| Kearns metro Township | 12 mi | $1,744 (±$90) | Not measurably different |
| Erda | 12 mi | $1,808 (±$1,134) | Not measurably different |
| Salt Lake City | 13 mi | $1,414 (±$25) | Lower |
| Copperton metro Township | 14 mi | $1,356 (±$555) | Not measurably different |
| Taylorsville | 14 mi | $1,482 (±$62) | Not measurably different |
| West Jordan | 14 mi | $1,757 (±$54) | Not measurably different |
Nearby places with a measurably lower figure: Salt Lake City, UT ($1,414).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across Salt Lake County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 6 | Draper | $1,894 (±$57) |
| 7 | Sandy | $1,777 (±$45) |
| 8 | West Jordan | $1,757 (±$54) |
| 9 | Kearns metro Township | $1,744 (±$90) |
| 10 | Cottonwood Heights | $1,730 (±$72) |
| 11 | Holladay | $1,704 (±$94) |
| 12 | Magna metro Township | $1,625 (±$185) |
| 13 | White City metro Township | $1,605 (±$362) |
| 14 | Midvale | $1,597 (±$55) |
| 15 | West Valley City | $1,504 (±$53) |
| 16 | Murray | $1,500 (±$63) |
| 17 | Millcreek | $1,492 (±$55) |
| 18 | Taylorsville | $1,482 (±$62) |
Showing 13 of 21 places in Salt Lake County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Magna metro Township
What is the average rent in Magna metro Township, UT?
The Census Bureau publishes the median rather than the average: the median gross rent in Magna metro Township is $1,625 (±$185) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How much has rent gone up in Magna metro Township?
In Magna metro Township, the median gross rent went from $1,120 in 2015–2019 to $1,625 in 2020–2024 (+45.1%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
How many rentals in Magna metro Township cost more than $2,000 a month?
31.3% of rented homes in Magna metro Township have a gross rent of $2,000 or more a month, and 4.5% cost less than $500.
Is rent in Magna metro Township higher than in Salt Lake County?
In Magna metro Township, median gross rent is not measurably different from Salt Lake County ($1,592).
It is not measurably different from Utah ($1,496).
It is higher than the national figure ($1,413).
Is this the rent for an apartment listed today?
No: these are rents households reported paying across 2020–2024, not asking rents for vacant homes, which usually run higher.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Magna metro township, Utah
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Magna metro township, Utah
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Magna metro township, Utah
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Magna metro township, Utah (place:47290, in state:49).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.
The API needs a free key.
DP04_0134E, DP04_0134M, DP04_0126E, DP04_0126M, DP04_0127PE, DP04_0127PM, DP04_0128PE, DP04_0128PM, DP04_0129PE, DP04_0129PM, DP04_0130PE, DP04_0130PM, DP04_0131PE, DP04_0131PM, DP04_0132PE, DP04_0132PM, DP04_0133PE, DP04_0133PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Magna metro Township at a glance
- Rent by bedrooms in Magna metro Township
- Rent burden in Magna metro Township
- Renters and owners in Magna metro Township
- Income and affordability in Magna metro Township
- Home values in Magna metro Township
- Homeowner costs in Magna metro Township
- Property taxes in Magna metro Township
- Types of homes in Magna metro Township
- Bedrooms in Magna metro Township
- Age of homes in Magna metro Township
- Heating fuel in Magna metro Township
- Commute and cars in Magna metro Township
- Population growth in Magna metro Township
- How long people stay in Magna metro Township
- Crowding and facilities in Magna metro Township
- Utah landlord and tenant rules
- Housing across Salt Lake County
- Utah places ranked by median rent
- Housing data for every place in Utah