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The Parallel Apartments apartments in Wheat Ridge, CO

Updated

The Parallel Apartments

4.1 (146 reviews) Official Website

Live pricing, refreshed

18
Units Listed
$1,547
Starting at
$1,843
Average
$2,212
Highest
$2.48
Per Sq Ft
PRO
Avg Days Listed

How does this compare? View Kipling rent trends

Beds

Pricing by Bedroom

Studio
$1,605
from $1,547 · 3 units
~541 sqft avg
1 Bed
$1,844
from $1,650 · 13 units
~735 sqft avg
2 Bed
$2,199
from $2,186 · 2 units
~1,094 sqft avg
Specials Available 18 units

8 Weeks Free

Rent Distribution

The final bar groups units at that price or more when the range is wide.

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Lines hold the last known price between updates. Diamond markers show changes in quote terms.

Timeframe

Property Price Trend

Units with Price Changes (15)

Largest 8 movers of 15

Last 15 days

Estimated Building Revenue

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

$22K

$270K annual run rate

Modeled estimate

Est. Occupancy

40%

of about 30 units (modeled from leasing activity)

Effective Rent on New Leases

$1,873

vs $1,843 current asking

Recent Lease Activity

25 units tracked; 7 assumed leased, 18 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

18

Good availability

9 floor plans

Move-in Specials

18

18 units with active promos

Use competing promos as leverage

Negotiation Leverage

Strong leverage

High availability and active promos suggest this building is eager to fill units.

Price vs. Wheat Ridge, CO

Similar
The Parallel Apartments
$1,547
The Edison at Wheat Ridge
$1,599

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

18 units

Select a unit to see its price history and link to the rental site.

Studio / 1 Bath Unit 145
$1,547/mo
519 ft² · $2.98/ft²

Base rent

Available: Jan 13, 2027

8 Weeks Free
Studio / 1 Bath Unit 274
$1,612/mo
519 ft² · $3.11/ft²

Base rent

Available: Dec 2, 2026

8 Weeks Free
Up $50 since Nov 6 (was $1,562)
1 Bed / 1 Bath Unit 354
$1,650/mo
686 ft² · $2.41/ft²

Base rent

Available: Now

8 Weeks Free
Down $24 since Nov 6 (was $1,674)
Studio / 1 Bath Unit 133
$1,655/mo
584 ft² · $2.83/ft²

Base rent

Available: Jan 4, 2027

8 Weeks Free
Up $50 since Nov 6 (was $1,605)
1 Bed / 1 Bath Unit 280
$1,741/mo
720 ft² · $2.42/ft²

Base rent

Available: Now

8 Weeks Free
Down $13 since Nov 8 (was $1,754)

Garages and parking

Parking, wellness and pet policy details for this building are available to Pro members: garage type and any monthly fee, bike storage, EV charging, amenities such as a sauna or cold plunge, and stated pet rent and weight limits.

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Train activity

Severe nighttime trains

Freight line 333 ft away · 134 trains/day

  • 96 daytime, 38 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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