salaryRent is higher than in 78% of U.S. cities. A typical house costs about 6.4 years of household income, so buying is hard for most locals.
How much money do I need?
To rent here comfortably, you should earn about $90,440 a year. That is $43 an hour at a full-time job.
Is rent cheaper than other Colorado cities?
No. Rent here is more expensive than in most of Colorado. It is number 75 of 112 cities from cheapest to most expensive.
How much do households earn in Wheat Ridge?
Share of households by yearly income. 34.7% of households earn $100,000 or more.
Rent by apartment size in Wheat Ridge
| Size | Wheat Ridge | U.S. average |
|---|---|---|
| Studio | $1,321 | $1,338 |
| 1 bedroom | $1,359 | $1,324 |
| 2 bedrooms | $1,719 | $1,509 |
| 3 bedrooms | $2,391 | $1,698 |
| 4 bedrooms | $2,722 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Wheat Ridge overall?
Everyday prices in Colorado overall are 3% above the U.S. average (index 103.1, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Wheat Ridge, so the Colorado figure is shown.
Taxes and bills in Wheat Ridge
Life in Wheat Ridge
Is it cheaper to rent or buy in Wheat Ridge?
Renting is cheaper right now: about $2,062 a month less.
Owning assumes a typical $623,000 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $62,300 for the down payment.
Frequently asked questions
What is the average rent in Wheat Ridge, CO?
Renting in Wheat Ridge costs a median of about $2,261 a month in 2026, including utilities. The Colorado median is $2,080.
How much do I need to make to live in Wheat Ridge?
To keep rent under 30% of income, you need about $90,440 a year, or $43 an hour at a full-time job.
Is Wheat Ridge cheap or expensive?
Wheat Ridge is rated OK: rent takes 27.8% of the typical household income of $97,673. It ranks 75th cheapest of 112 Colorado cities we track.
How much are property taxes in Wheat Ridge?
The median homeowner in Wheat Ridge pays $2,757 a year in property taxes, about 0.44% of the median home value.
Is Wheat Ridge more expensive than the national average?
Overall prices in Colorado are 3% above the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Wheat Ridge?
The median home value in Wheat Ridge is $623,000, about 6.4 times the typical yearly household income.
32,070 people live in Wheat Ridge. Numbers are typical (middle) values.