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The Parallel Apartments apartments in Wheat Ridge, CO

Updated

The Parallel Apartments

11901 Ridge Rd, Wheat Ridge, CO 80033

4.1 (146 reviews) Official Website

Live pricing, refreshed

25
Units Listed
$1,482
Starting at
$2,020
Average
$2,679
Highest
$2.33
Per Sq Ft
PRO
Avg Days Listed

How does this compare? View Wheat Ridge, CO rent trends

Beds

Pricing by Bedroom

Studio
$1,594
from $1,482 · 4 units
~568 sqft avg
1 Bed
$1,802
from $1,724 · 11 units
~752 sqft avg
2 Bed
$2,431
from $2,349 · 10 units
~1,113 sqft avg

Rent Distribution

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Window

Property Price Trend

Units with Price Changes (37)

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

$417K

$5.0M annual run rate

Modeled estimate

Est. Occupancy

89%

of about 228 units (modeled from leasing activity)

Effective Rent on New Leases

$2,055

vs $2,020 current asking

Recent Lease Activity

38 units tracked; 13 assumed leased, 25 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

25

Very high availability

12 floor plans

Move-in Specials

0

No active promotions

Negotiation Leverage

Moderate leverage

Some signals suggest room to negotiate, especially if you can be flexible on move-in date.

Price vs. Wheat Ridge, CO

Citywide
The Parallel Apartments
$1,482
The Edison at Wheat Ridge
$1,702

Showing citywide comparison (not enough Wheat Ridge, CO properties tagged with "Kipling" for a local match). Click any bar to view that building.

Available Units

25 units
Studio / 1 Bath S1 | Studio
$1,482/mo
519 ft² · $2.86/ft\u00B2 · #444
Studio / 1 Bath S2 | Studio
$1,610/mo
584 ft² · $2.76/ft\u00B2 · #158
Studio / 1 Bath S2 | Studio
$1,625/mo
584 ft² · $2.78/ft\u00B2 · #139
Studio / 1 Bath S2 | Studio
$1,660/mo
584 ft² · $2.84/ft\u00B2 · #439
1 Bed / 1 Bath A6 | 1X1
$1,724/mo
774 ft² · $2.23/ft\u00B2 · #256
1 Bed / 1 Bath A2 | 1X1
$1,754/mo
686 ft² · $2.56/ft\u00B2 · #454
1 Bed / 1 Bath A7 | 1X1
$1,769/mo
734 ft² · $2.41/ft\u00B2 · #231
1 Bed / 1 Bath A6 | 1X1
$1,789/mo
774 ft² · $2.31/ft\u00B2 · #156
1 Bed / 1 Bath A6 | 1X1
$1,791/mo
774 ft² · $2.31/ft\u00B2 · #569
1 Bed / 1 Bath A6 | 1X1
$1,798/mo
774 ft² · $2.32/ft\u00B2 · #448

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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Wheat Ridge, CO Rent Trends

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