4 Apartments under 900 for rent in Wheat Ridge, CO

Last updated August 14 at 7:47pm UTC
Results within 10 miles of Wheat Ridge, CO
1530 Kearney St
Park Hill
Denver, CO
Updated August 14 at 5:13pm UTC
1 Bedroom
$895
3773 s Grove St
Sheridan
Sheridan, CO
Updated August 6 at 10:46am UTC
1 Bedroom
$880

August 2018 Wheat Ridge Rent Report

Welcome to the August 2018 Wheat Ridge Rent Report. Wheat Ridge rents remained steady over the past month. In this report, we'll evaluate trends in the Wheat Ridge rental market, including comparisons to cities throughout the metro, state, and nation.

View full Wheat Ridge Rent Report
Rent Report
Wheat Ridge

August 2018 Wheat Ridge Rent Report

Welcome to the August 2018 Wheat Ridge Rent Report. Wheat Ridge rents remained steady over the past month. In this report, we'll evaluate trends in the Wheat Ridge rental market, including comparisons to cities throughout the metro, state, and nation.

Wheat Ridge rents declined over the past month

Wheat Ridge rents have remained flat over the past month, however, they have increased moderately by 2.7% year-over-year. Currently, median rents in Wheat Ridge stand at $1,020 for a one-bedroom apartment and $1,290 for a two-bedroom. Wheat Ridge's year-over-year rent growth leads the state average of 0.5%, as well as the national average of 1.2%.

Rents rising across the Denver Metro

Throughout the past year, rent increases have been occurring not just in the city of Wheat Ridge, but across the entire metro. Of the largest 10 cities that we have data for in the Denver metro, 8 of them have seen prices rise. Here's a look at how rents compare across some of the largest cities in the metro.

  • Parker has seen rents fall by 1.0% over the past year, the biggest drop in the metro. It's also the most expensive city in the Denver metro with a two-bedroom median of $1,870.
  • Brighton has seen the fastest rent growth in the metro, with a year-over-year increase of 6.2%. The median two-bedroom there costs $1,610, while one-bedrooms go for $1,270.
  • Denver proper has the least expensive rents in the Denver metro, with a two-bedroom median of $1,350; rents were up 0.6% over the past month but remained flat year-over-year.

Wheat Ridge rents more affordable than many large cities nationwide

As rents have increased moderately in Wheat Ridge, a few large cities nationwide have seen rents grow more modestly, or in some cases, even decline. Wheat Ridge is still more affordable than most large cities across the country.

  • Rents increased slightly in other cities across the state, with Colorado as a whole logging rent growth of 0.5% over the past year. For example, rents have grown by 1.7% in Colorado Springs and 0.6% in Fort Collins.
  • Wheat Ridge's median two-bedroom rent of $1,290 is above the national average of $1,180. Nationwide, rents have grown by 1.2% over the past year compared to the 2.7% increase in Wheat Ridge.
  • While Wheat Ridge's rents rose moderately over the past year, the city of Seattle saw a decrease of 2.4%.
  • Renters will find more reasonable prices in Wheat Ridge than most large cities. For example, San Francisco has a median 2BR rent of $3,090, which is more than twice the price in Wheat Ridge.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.
City Median 1BR price Median 2BR price M/M price change Y/Y price change
Denver $1,060 $1,350 0.6% 0.2%
Aurora $1,230 $1,560 0.7% -0.8%
Thornton $1,470 $1,860 0.3% 2.5%
Arvada $1,220 $1,540 -0.3% 2.6%
Westminster $1,270 $1,610 -0.1% 1.8%
Broomfield $1,360 $1,710 0.4% 2.9%
Castle Rock $1,400 $1,770 -1.6% 4.1%
Parker $1,480 $1,870 1.3% -1.0%
Littleton $1,470 $1,860 0.8% 1.3%
Brighton $1,270 $1,610 -0.1% 6.2%
See more

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.