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The Parallel Apartments apartments in Wheat Ridge, CO

Updated

The Parallel Apartments

11901 Ridge Rd, Wheat Ridge, CO 80033, USA

4.1 (146 reviews) Official Website

Live pricing, refreshed

17
Units Listed
$1,574
Starting at
$1,869
Average
$2,180
Highest
$2.02
Per Sq Ft
PRO
Avg Days Listed

How does this compare? View Kipling rent trends

Beds

Pricing by Bedroom

Studio
$1,578
from $1,574 · 2 units
~552 sqft avg
1 Bed
$1,755
from $1,683 · 5 units
~738 sqft avg
2 Bed
$1,985
from $1,900 · 10 units
~1,093 sqft avg

Rent Distribution

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Timeframe

Property Price Trend

Units with Price Changes (23)

Largest 8 movers of 23

Last 15 days

Estimated Building Revenue

How is this calculated?

Rental revenue model

We follow each unit's listing activity at this building every day. When a unit stops being listed, we assume it leased at its last listed rent, adjusted for any advertised move-in special. Revenue is the sum of those assumed lease rents across the building's occupied units.

  • Building size: modeled from how many distinct units we have observed over time
  • Occupancy: building size minus currently listed units
  • Rents: observed lease-offs first, current asking rents as fallback

These are research estimates, not financial statements from the operator. Confidence: moderate (building size is modeled).

Est. Monthly Revenue

$58K

$696K annual run rate

Modeled estimate

Est. Occupancy

65%

of about 48 units (modeled from leasing activity)

Effective Rent on New Leases

$1,872

vs $1,869 current asking

Recent Lease Activity

48 units tracked; 31 assumed leased, 17 listed now

See which units leased, when they left the market, and the rent they leased at.

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Property Intelligence

How is this calculated?

Negotiation Leverage Score (0-100)

Based on 5 observable signals from the property's listing data:

  • +30 pts: 15+ units currently listed
  • +25 pts: Active move-in specials
  • +20 pts: Deep discounts (>$150/mo off)
  • +15 pts: 5+ distinct floor plans
  • +10 pts: 25+ units listed

All signals come directly from the property's own listings. Occupancy and building size appear only in the Estimated Building Revenue section, and only when the building size is stated by the property or our unit-level observation history is deep enough to model it.

Listed Units

17

Good availability

10 floor plans

Move-in Specials

0

No active promotions

Negotiation Leverage

Moderate leverage

Some signals suggest room to negotiate, especially if you can be flexible on move-in date.

Price vs. Wheat Ridge, CO

Similar
The Parallel Apartments
$1,574
The Edison at Wheat Ridge
$1,737

Comparing this building against 1 similar Wheat Ridge, CO apartments by price. Click any bar to view that building.

See rent trends on the Wheat Ridge, CO map Explore Wheat Ridge, CO on the interactive map

Available Units

17 units
Studio / 1 Bath S2 | Studio
$1,574/mo
584 ft² · $2.70/ft² · #158
Up $19 since Aug 7 (was $1,555)
Studio / 1 Bath S1 | Studio
$1,581/mo
519 ft² · $3.05/ft² · #170
Up $19 since Aug 7 (was $1,562)
1 Bed / 1 Bath A2 | 1X1
$1,683/mo
686 ft² · $2.45/ft² · #322
Up $30 since Aug 7 (was $1,653)
1 Bed / 1 Bath A6 | 1X1
$1,713/mo
774 ft² · $2.21/ft² · #164
Down $51 since Aug 7 (was $1,764)
1 Bed / 1 Bath A6 | 1X1
$1,752/mo
774 ft² · $2.26/ft² · #449
Up $29 since Aug 7 (was $1,723)
1 Bed / 1 Bath A1 | 1X1
$1,778/mo
720 ft² · $2.47/ft² · #378
Up $30 since Aug 7 (was $1,748)
1 Bed / 1 Bath A7 | 1X1
$1,850/mo
734 ft² · $2.52/ft² · #331
Up $181 since Aug 7 (was $1,669)
2 Bed / 2 Bath B5 | 2X2
$1,900/mo
1,074 ft² · $1.77/ft² · #246
Down $134 since Aug 6 (was $2,034)
2 Bed / 2 Bath B3 | 2X2
$1,917/mo
1,099 ft² · $1.74/ft² · #326
Down $210 since Aug 7 (was $2,127)
2 Bed / 2 Bath B2 | 2X2
$1,931/mo
1,090 ft² · $1.77/ft² · #243
Down $128 since Aug 6 (was $2,059)

Train activity

Severe nighttime trains

Freight line 333 ft away · 81 trains/day

  • 48 daytime, 33 overnight
  • Crossing 333 ft away. Horns expected day and night.
  • Operator: RTDC

Why this matters →

City Club

Resident Notes & Access Codes

Real tips from people who lived at this property: what leasing and daily living are actually like, plus the gate, parking, and entry codes you only learn once you move in. See all Wheat Ridge, CO notes

No resident notes for this property yet.

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