Last updated
Average Rent in Wheat Ridge CO & Rent Trends
Rent prices and market trends across 1 apartment community in Wheat Ridge CO. Updated daily.
Market Average
$1,590/mo
▼ 1.2% from last month
Lowest Available
$1,502/mo
cheapest unit on market
Communities
1
tracked daily
Units Listed
3
available now
Is Rent Going Up or Down in Wheat Ridge CO?
As of May 2026, the average rent in Wheat Ridge CO is $1,590 per month across 1 apartment community and 3 available units. Rents have decreased $27 (1.2%) over the past month.
The most affordable option is The Parallel Apartments starting at $1,502/mo. By unit type, a studio averages $1,590/mo.
Prices range from $1,502 to $1,690 per month. The most common price point is the $1,400 range, where 2 units are currently listed.
Wheat Ridge CO Rent Price History
Rent Price Distribution
Rent by Bedroom Type in Wheat Ridge CO
Rent Prices by Apartment in Wheat Ridge CO
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| The Parallel Apartments | $1,502/mo | $1,590/mo | 3 | 4.1 |
Google Search Trends for Wheat Ridge CO Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Frequently Asked Questions About Rent in Wheat Ridge CO
What is the average rent in Wheat Ridge CO?
Is rent going up or down in Wheat Ridge CO?
What is the cheapest apartment in Wheat Ridge CO?
How many apartments are available in Wheat Ridge CO?
What salary do I need to live comfortably in Wheat Ridge CO?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$64,000/year
30 percent rule -- using our average rent of $1,590/mo.
Comfortable income
$76,000/year
25 percent rule -- leaves more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,502/mo), you need to earn at least $60,000/year.
Median household income in Wheat Ridge CO is $87,598 , about 15% above the comfortable-living threshold.
Cost of living in Wheat Ridge CO
Overall prices in Wheat Ridge CO runs above the national average by about 6% (BEA Regional Price Parity index 105.8, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Wheat Ridge CO's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,590 |
| Utilities | $628 |
| Groceries | $549 |
| Transportation | $1,497 |
| Healthcare | $730 |
| Other goods and services | $1,169 |
| Estimated total | $6,163/mo |
Population
32,158
Median household income
$87,598
Census median rent
$1,493/mo
Rent as % of income
31.0%
Median age
42.1
Mean commute
24 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Explore Wheat Ridge CO Apartments
Browse all 1 communities with daily-updated pricing and availability.