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These days, finding an affordable place to live in the Wheat Ridge area can be challenging. Home prices in Wheat Ridge are now at a median cost of $609,211, higher than the Colorado average of $579,698.
The average cost of rent is $1,692/mo in Wheat Ridge, primarily driven by the current value of real estate in the Wheat Ridge area. In Wheat Ridge, 45.33% of households rent, and 26.93% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Wheat Ridge is $8,653 per month. Households that rent pay about 19.55% of their income on rent here. Wheat Ridge’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Mountain View, CO: equally priced homes
- Edgewater, CO: less expensive homes
- Applewood, CO: higher priced homes
- Arvada, CO: equally priced homes
- Berkley, CO: less expensive homes
- Fairmount, CO: higher priced homes
- Lakewood, CO: equally priced homes
- West Pleasant View, CO: less expensive homes
- Golden, CO: higher priced homes
- North Washington, CO: equally priced homes
Cities with Similar Populations
- Lindenhurst, NY: less expensive homes
- South Riding, VA: higher priced homes
- Shelbyville, TN: less expensive homes
- Paradise Hills, NM: less expensive homes
- Orangevale, CA: equally priced homes
- Nixa, MO: less expensive homes
- Montrose, CO: less expensive homes
- Milford, OH: less expensive homes
- Melrose Park, IL: less expensive homes
- Alamo, TX: less expensive homes
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