The Parallel
11901 Ridge Rd,
Wheat Ridge, CO 80033
Studio - 2 Beds | $1,563 - $3,293
Rental Market Trends in Wheat Ridge, CO
What is the average rent in Wheat Ridge, CO?
$1,590/month
Average Rent
671 Sq Ft
Average Apartment Size
-1%
Decrease in the Last Year
As of July 2025, the average rent in Wheat Ridge, CO is $1,590 per month. For comparison, the national average rent price in the US is currently $1,637/month, which means Wheat Ridge rent prices are 3% lower than the national average. When you rent an apartment in Wheat Ridge, you can expect to pay about $1,306 per month for a studio, $1,590 for a one-bedroom apartment, and around $1,657 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,095 or more.
Floor Plan Type
Average Rent
Average 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 Wheat Ridge, CO?
In the past year, rent has decreased by 1%, 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 July 2025
Legend
2024
2025
Rent Ranges in Wheat Ridge, CO
Last Updated July 2025
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
3%
Below $700/month
25%
$700 - $1,000/month
48%
$1,001 - $1,500/month
18%
$1,501 - $2,000/month
6%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Wheat Ridge?
Based on current rent prices, Lakeside, Fruitdale and Ridgeview Estates are the most affordable neighborhoods in Wheat Ridge.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Wheat Ridge?
Based on current rent prices, Bel Aire, Barths and Ridgeview Estates are the most expensive neighborhoods in Wheat Ridge.
Neighborhood
Average Rent
Average Sq Ft
Which Wheat Ridge neighborhoods have the most rentals available?
The neighborhoods in Wheat Ridge with the most apartments available are Barths, Bel Aire and Ridgeview Estates .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Wheat Ridge, CO?
Because the average rent in Wheat Ridge is $1,590, you’ll want to make about $5,300 per month or $63,600 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.
How does Wheat Ridge, CO compare to other nearby cities and neighborhoods?
Use the tool below to compare Wheat Ridge, CO 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.
Studio
$891/month
$1,053/month
One Bedroom
$956/month
$1,711/month
Two Bedroom
$1,281/month
$1,768/month
Three Bedroom
$1,694/month
$2,149/month
Nearby City Rent Trends
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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 2025.
* Percentages may not total 100 due to rounding.