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  1. Home
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  4. Wheat Ridge

Wheat Ridge, Colorado

Short-Term Rental Market Data & Investment Analysis

Wheat Ridge, Colorado Short-Term Rental Market

Wheat Ridge caps whole-home STRs by district; Denver metro averaged $194.50 ADR, 72.0% occupancy, $4,045 monthly revenue in August 2026.

Quick Answer: Wheat Ridge, Colorado is an active short-term rental market. average occupancy in the Denver market area is 70%. average monthly revenue in the Denver market area is $3,661. average daily rate in the Denver market area is $186. the top operator in the Denver market area is Evolve with 276 listings. market score is 55/100 (grade C).

Avg Monthly Revenue
$3,661
↑ 4.2% YoY
70%
Occupancy
↑ 0.9% YoY
$186
Avg Daily Rate
↑ 4.8% YoY
55.9 days avg lead time5.3 avg length of stay

Market data reflects the Denver regional market, which includes Wheat Ridge. Regulations, taxes, and permit details below are specific to Wheat Ridge.

Market Score Breakdown

Five dimensions StaySTRA evaluates per market.

Regulation63
Seasonality78
Investability54
Rental Demand86
Revenue Growth50

Market Overview

Wheat Ridge limits non-owner-occupied whole-home short-term rentals with a cap in each City Council district, so the license is the first thing to check. Performance data for this page comes from the Denver metro STR market. Apivex reports Wheat Ridge, Denver, Aurora, Arvada, Broomfield, Littleton, Englewood, Parker, Brighton and Commerce City as one shared series, so the numbers below describe the metro and not Wheat Ridge alone.

In August 2026 the Denver metro series averaged $194.50 per night at 72.0% occupancy, with average monthly revenue of $4,045 per listing. Year over year, ADR rose 0.8%, occupancy rose 0.6%, and revenue rose 3.5%. Annual averages have been steady. Occupancy averaged 67.9% in 2025 and 67.8% in 2024, and ADR averaged $167 in 2025 against $122 in 2017.

Wheat Ridge is a first-ring Denver suburb in Jefferson County with a population of 32,070. It is not a standalone tourist destination. The profile describes it as a value-priced lodging base about 10 minutes from downtown Denver, with access to Golden and the mountains via I-70. Draws include the Wheat Ridge Greenbelt, Prospect Park, the 44th Avenue antique district and the nearby Colorado Mills outlet mall. No city-specific annual visitor count is published.

Listing counts, bedroom mix, channel mix and top operator rankings are tracked at a shared regional level rather than uniquely for Wheat Ridge, so this profile omits them.

Seasonal Patterns

Monthly seasonal data for Wheat Ridge, Colorado
MonthOccupancy
Jan58%
Feb65%
Mar68%
Apr67%
May71%
Jun81%
Jul80%
Aug75%
Sep73%
Oct69%
Nov61%
Dec62%

Month-by-month nightly rates and revenue figures for Wheat Ridge are available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.

Top Short-Term Rental Operators in Denver market area

Ranked by total active listings. Useful for understanding the competitive landscape. Operator data is published for the Denver market as a whole, which includes Wheat Ridge, so these counts are not Wheat Ridge-only figures.

#OperatorListingsReviewsRating
1Evolve27610,485★ 4.65
2Atomic Vacation Rentals1429,929★ 4.84
3Effortless Rental Group13710,713★ 4.77
4VacayPlay835,410★ 4.39
5Homes with Hospitality LLC81853★ 4.94

What Kind of STR Should I Buy in Wheat Ridge?

Revenue and nightly-rate breakdowns by bedroom count, property tier, and dwelling type for Wheat Ridge are available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.

Booking Channel Mix

Distribution of bookings across major STR platforms.

Channel mix
ChannelShare
airbnb58.8%
vrbo4.3%
both36.9%

Investment Analysis

The full investment analysis for Wheat Ridge — gross-yield math against current home values, plus 5-year monthly revenue, nightly-rate, and occupancy trend charts — is available to StaySTRA Pro members and updates monthly. The figures shown elsewhere on this page are the free market snapshot.

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Home Value Trends (Wheat Ridge)

Typical home values, median sale prices, and the 10-year price trend for Wheat Ridge are available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.

Booking Insights

Booking-window and length-of-stay analysis for Wheat Ridge — how far ahead guests book and how to price around it — is available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.

Short-Term Rental Regulations

Wheat Ridge requires every short-term rental to hold a city Short-Term Rental Business License before it operates, advertises or is listed. The ordinance took effect May 1, 2021. Operating without a license is unlawful.

Licenses cost $200 per year and are non-transferable. Only the legal property owner may apply, and a deed copy is required for newly purchased properties. There are two license types, whole-home for non-owner-occupied rentals and partial-home for owner-occupied rentals.

Whole-home licenses are capped in each City Council district at 2% of single- and two-unit dwellings. Districts I, II and IV have been at capacity, and District III has had limited availability. The cap does not apply to owner-occupied partial-home rentals or to rentals in Mixed Use and Commercial zones. Accessory dwelling units may operate only as partial-home rentals, so the owner must live on the property. In May 2025 the City Council clarified that it can require owner occupancy for these units, enforced through an annual license attestation.

Hosts must collect and remit a 10% city lodgers tax on completed reservations. Filing is monthly and due on the 20th. Operators must post the license inside the unit, include the license number in every online listing, and notify property owners within 100 feet by mail within seven days of issuance. There is no nightly cap and no blanket primary-residence rule for whole-home rentals. Enforcement is rated moderate.

Market Comparison

Against the US reference figures of about 55% median occupancy and about $220 median ADR, the Denver metro series ran well above on occupancy and below on rate in August 2026. Occupancy of 72.0% is about 17 points above the 55% reference. The $194.50 rate is about 12% below $220. Annual 2025 figures show the same pattern, with 67.9% occupancy at a $167 ADR.

The profile describes Wheat Ridge as a value-priced base rather than a destination, which fits a lower rate with strong occupancy. Because the series is shared across ten Denver-area cities, Wheat Ridge cannot be separated from Denver, Aurora or Arvada in this data.

Top property manager rankings are tracked at a shared regional level rather than uniquely for Wheat Ridge, so this profile omits operator shares.

Frequently Asked Questions About Wheat Ridge, Colorado

Are short-term rentals legal in Wheat Ridge?
Yes, with a city Short-Term Rental Business License that costs $200 per year. Whole-home licenses are capped at 2% of single- and two-unit dwellings in each City Council district.
Which districts are at the license cap?
The city profile says Districts I, II and IV have been at capacity and District III has had limited availability. Owner-occupied partial-home rentals are exempt from the cap.
What is the average daily rate?
Wheat Ridge short-term rentals average $186 per night across all listing types. Nightly-rate breakdowns by property tier are available with StaySTRA Pro.
What is the average occupancy rate?
Occupancy averaged 72.0% in August 2026, up 0.6% year over year. Across 2017 to 2026, June is the peak at 80.7% and January is the low at 58.4%.
What taxes must hosts collect?
Hosts must collect and remit a 10% city lodgers tax on completed reservations. Filing is monthly and due on the 20th.
How much does a home cost in Wheat Ridge?
Zillow shows a typical home value of $591,554 and a median sale price of $656,167 as of August 31, 2026. Median days to pending is 20.
How far ahead do guests book and how long do they stay?
In August 2026 the average booking was made 56.7 days ahead, and the average stay was 5.4 nights.
Wheat Ridge, ColoradoRev $3,661ADR $186Occ 70%Score C (55)

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Table of Contents

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Quick Facts: Denver market area

Avg Daily Rate
$186
Occupancy Rate
70%
Avg Revenue/Mo
$3,661
Wheat Ridge Population
32,070

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