Magna metro township: Median Gross Rent Trend
How Magna metro township's median gross rent changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.
2017
$1,047
2023
$1,623
Total change
+$576
% change
+55%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $1,047 | — |
| 2019 | $1,120 | +$73 (7%) |
| 2020 | $1,109 | $11 (-1%) |
| 2021 | $1,212 | +$103 (9.3%) |
| 2022 | $1,463 | +$251 (20.7%) |
| 2023 | $1,623 | +$160 (10.9%) |