Wheat Ridge, Colorado Rental Market Trends
Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Wheat Ridge, Colorado rental market.
Wheat Ridge, Colorado
Average Apartment Rent
$1,678
Y-o-Y Change in Average
Apartment Rent
-3%
As of March 2026
Compared to a year ago, Wheat Ridge, Colorado apartments have recorded a -3% rent decrease.
Wheat Ridge, Colorado Average apartment rent trend
Wheat Ridge, Colorado Average Apartment Rent
Wheat Ridge, Colorado Apartment rent ranges
At 56.88%, apartments priced $1,500 - $2,000 represent the bulk of Wheat Ridge, Colorado rentals, while condos priced Over $3,000 hold the lowest share of the market – 0.93%.
Wheat Ridge, Colorado Housing tenure**
Renters take up 48% of Wheat Ridge, Colorado real estate, occupying a total of 7,005 units, while homeowners live in 7,669 properties.
Median number of rooms of renter-occupied housing units**
4.1
Renter median household income**
$52,025
Average household size of renter-occupied housing units**
2.09
Rental vacancy rate**
4.6%
Wheat Ridge, Colorado Renter-occupied housing units by no. of bedrooms**
There are 3,199 rentals in Wheat Ridge, Colorado with 2 beds making up the highest share of the market, at 46%. Units with 4 beds, on the other hand, hold the lowest percentage (3%), amounting to 196 units. Overall, the median number of rooms in Wheat Ridge, Colorado homes for rent is 4.1.
Wheat Ridge, Colorado Renter-occupied units by age of householder**
Most condos for rent in Wheat Ridge, Colorado are occupied by residents in the 25 - 34 years age group (23%), followed by those in the 35 - 44 years age group (19%). At the same time, people in the 15 - 24 years age group make up the lowest share of the local rental market – 4%.
Wheat Ridge, Colorado Renter-occupied housing units by family type**
Wheat Ridge, Colorado Renter-occupied housing units by the presence of own children**
A total of 2,681 apartments for rent in Wheat Ridge, Colorado, or 38% of all rentals are family households. Additionally, 21% of rental homes include children under the age of 18 – that’s 1,439 units. All in all, the median size of a renter-occupied household in Wheat Ridge, Colorado is 2.09.
Wheat Ridge, Colorado Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 26% of the rental market. In contrast, residents with less than a high school degree reside in 6% of the homes for rent in Wheat Ridge, Colorado.
Wheat Ridge, Colorado Renter-occupied units by year structure built**
The highest share of Wheat Ridge, Colorado apartment rentals, namely 29% or 2,061 units, were Built 1970 - 1979, followed by those Built 1960 - 1969 (20%, 1,416 units), and the ones Built 1950 - 1959 (17%, 1,175 units).
Wheat Ridge, Colorado Renter-occupied units by year householder moved in**
Median year renter moved into unit 2017
Most Wheat Ridge, Colorado renters (45%) moved in 2010 to 2017, while only 1% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Wheat Ridge, Colorado condos for rent is 2017.
Wheat Ridge, Colorado Renter-occupied housing units by vehicles available**
When it comes to transportation options, 42% of Wheat Ridge, Colorado renters have 1 vehicle available per household, 32% of them have 2 vehicles available, and 13% have No vehicle available.
Wheat Ridge, Colorado Means of transportation to work of householders living in renter-occupied housing units**
Wheat Ridge, Colorado Geographical mobility in the past year for householders living in renter-occupied housing units**
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, Colorado 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.
*Average single-family rent calculated from point2homes.com data.
**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates
