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The Parallel Apartments apartments in Wheat Ridge, CO

Updated

The Parallel Apartments

11901 Ridge Rd, Wheat Ridge, CO 80033, USA

4.1 (146 reviews) Official Website

Live pricing, refreshed

12
Units Listed
$1,486
Starting at
$1,781
Average
$2,268
Highest
$2.45
Per Sq Ft
PRO
Avg Days Listed

How does this compare? View Kipling rent trends

Beds

Pricing by Bedroom

Studio
$1,548
from $1,486 · 6 units
~552 sqft avg
1 Bed
$1,952
from $1,878 · 4 units
~763 sqft avg
2 Bed
$2,138
from $2,008 · 2 units
~1,187 sqft avg

Rent Distribution

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Timeframe

Property Price Trend

Units with Price Changes (22)

Largest 8 movers of 22

Last 15 days

Estimated Building Revenue

How is this calculated?

Rental revenue model

We follow each unit's listing activity at this building every day. When a unit stops being listed, we assume it leased at its last listed rent, adjusted for any advertised move-in special. Revenue is the sum of those assumed lease rents across the building's occupied units.

  • Building size: modeled from how many distinct units we have observed over time
  • Occupancy: building size minus currently listed units
  • Rents: observed lease-offs first, current asking rents as fallback

These are research estimates, not financial statements from the operator. Confidence: moderate (building size is modeled).

Est. Monthly Revenue

$86K

$1.0M annual run rate

Modeled estimate

Est. Occupancy

79%

of about 57 units (modeled from leasing activity)

Effective Rent on New Leases

$1,902

vs $1,781 current asking

Recent Lease Activity

57 units tracked; 45 assumed leased, 12 listed now

See which units leased, when they left the market, and the rent they leased at.

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Property Intelligence

How is this calculated?

Negotiation Leverage Score (0-100)

Based on 5 observable signals from the property's listing data:

  • +30 pts: 15+ units currently listed
  • +25 pts: Active move-in specials
  • +20 pts: Deep discounts (>$150/mo off)
  • +15 pts: 5+ distinct floor plans
  • +10 pts: 25+ units listed

All signals come directly from the property's own listings. Occupancy and building size appear only in the Estimated Building Revenue section, and only when the building size is stated by the property or our unit-level observation history is deep enough to model it.

Listed Units

12

Moderate availability

7 floor plans

Move-in Specials

0

No active promotions

Negotiation Leverage

Limited leverage

High demand property with less room to negotiate on price.

Available Units

12 units
Studio / 1 Bath S1 | Studio
$1,486/mo
519 ft² · $2.86/ft² · #461
Down $17 since Aug 22 (was $1,503)
Studio / 1 Bath S1 | Studio
$1,506/mo
519 ft² · $2.90/ft² · #371
Studio / 1 Bath S2 | Studio
$1,523/mo
584 ft² · $2.61/ft² · #267
Down $77 since Aug 22 (was $1,600)
Studio / 1 Bath S2 | Studio
$1,589/mo
584 ft² · $2.72/ft² · #158
Down $44 since Aug 23 (was $1,633)
Studio / 1 Bath S2 | Studio
$1,589/mo
584 ft² · $2.72/ft² · #339
Down $81 since Aug 22 (was $1,670)
Studio / 1 Bath S1 | Studio
$1,596/mo
519 ft² · $3.08/ft² · #170
Down $81 since Aug 22 (was $1,677)
1 Bed / 1 Bath A6 | 1X1
$1,878/mo
774 ft² · $2.43/ft² · #248
1 Bed / 1 Bath A6 | 1X1
$1,913/mo
774 ft² · $2.47/ft² · #269
Up $42 since Aug 21 (was $1,871)
1 Bed / 1 Bath A1 | 1X1
$1,938/mo
720 ft² · $2.69/ft² · #584
Up $151 since Aug 24 (was $1,787)
2 Bed / 2 Bath B3 | 2X2
$2,008/mo
1,099 ft² · $1.83/ft² · #128

Train activity

Severe nighttime trains

Freight line 333 ft away · 81 trains/day

  • 48 daytime, 33 overnight
  • Crossing 333 ft away. Horns expected day and night.
  • Operator: RTDC

Why this matters →

City Club

Resident Notes & Access Codes

Real tips from people who lived at this property: what leasing and daily living are actually like, plus the gate, parking, and entry codes you only learn once you move in. See all Wheat Ridge, CO notes

No resident notes for this property yet.

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