Disclaimer: Covid-19 may have impacted rent prices in a way that is not yet reflected in our reports. When referencing the data published on this page, please keep in mind that the data provided here may not accurately depict the current reality of the market.
Wheat Ridge City, CO Rental Market Trends
What is the average rent in Wheat Ridge City?
The average rent for an apartment in Wheat Ridge City is $1,440, a 7% increase compared to the previous year, when the average rent was $1,351.
Average Rent in Wheat Ridge City, CO
Last updated May 2021
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,440 | 7% | 867 sq. ft. |
What is the average apartment size in Wheat Ridge City?
The average size for a Wheat Ridge City, CO apartment is 867 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Wheat Ridge City, CO Apartment Rent Ranges
- $701-$1,0009%
- $1,001-$1,50055%
- $1,501-$2,00026%
- > $2,00011%
Wheat Ridge City, CO Occupied Housing Units
- Renter-occupied Households46%
- Owner-occupied Households53%
6,596 or 46% of the households in Wheat Ridge City, CO are renter-occupied while 7,484 or 53% are owner-occupied.
Wheat Ridge City, CO Rent Trends
| Average Rent | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | May / 2021 |
|---|---|---|---|---|---|---|---|---|---|---|
| Wheat Ridge City, CO | $1,212 | $1,221 | $1,273 | $1,278 | $1,344 | $1,348 | $1,351 | $1,351 | $1,349 | $1,440 |
| National | $1,346 | $1,355 | $1,359 | $1,356 | $1,391 | $1,398 | $1,400 | $1,390 | $1,395 | $1,407 |
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How Wheat Ridge City Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Denver | $1,661 | n/a |
| Boulder | $1,981 | 2% |
| Aurora | $1,393 | 3% |
| Colorado Springs | $1,299 | 7% |
| Lakewood | $1,521 | n/a |
| Wheat Ridge City | $1,440 | 7% |
Most Popular Apartments in Wheat Ridge City
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Wheat Ridge City apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.