Rent to own Homes in Wheat Ridge, CO
Located in Jefferson County, Colorado, Wheat Ridge is considered to be a suburb of Denver. According to the most recent census data, the city has a population of 30,166 residents and covers a land area of 9.1 square miles. Through the city was not incorporated until 1969, the area was originally settled in the 1850s, serving as a rest stop for travelers during the gold rush days. At that time, the community was mostly agriculture before developing into the city it is today.
Wheat Ridge, CO is a great place for affordable rent-to-own homes! With a median household income of over $63,333 and a median rent of $1,164, the Wheat Ridge, CO rent-to-own market is more affordable than the traditional housing market which has shown tremendous growth across the U.S. and with it, aggressive competition for home purchases. With the current housing shortage trend it can make it harder to become a homeowner, including in Wheat Ridge, CO. This means higher than average down payments for homes and higher qualification standards for conventional home loans. With a rent-to-own property, tenants are also buyers. You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase. This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment.
More Wheat Ridge, CO Property Resources
Rent to own Homes in Cities Near Wheat Ridge, CO
- Applewood
- Aurora
- Berkley
- Boulder
- Brook Forest
- Castle Pines
- Castle Pines North
- Central City
- Cherry Creek
- Cherry Hills Village
- Dakota Ridge
- Derby
- Dove Valley
- East Pleasant View
- Echo Hills
- Edgewater
- Erie
- Evergreen
- Fairmount
- Four Square Mile
- Foxfield
- Genesee
- Glendale
- Golden
- Gunbarrel
- Henderson
- Highlands Ranch
- Holly Hills
- Idledale
- Indian Hills
- Inverness
- Ken Caryl
- Kittredge
- Lafayette
- Lakeside
- Lakewood
- Littleton
- Lone Tree
- Meridian Village
- Mountain View
- Parker
- Pine Valley
- Sedalia
- Stepping Stone
- Superior
- Tall Timber
- Thornton
- Upper Witter Gulch
- Valmont
- Welby
Buying a Home in Wheat Ridge, CO
Wheat Ridge, CO is seeing rapid growth and Wheat Ridge, CO's' housing market remains not optimal with an average home price that is 96% above the 2024 national average. Wheat Ridge, CO is part of Jefferson county and taxes are an important factor to consider when purchasing a home whether through rent to own or a traditional purchase. The average tax rate as of 2024 for county Jefferson is 0.7% which is below the national average, which is 0.99%.
Median Home Price in Wheat Ridge, CO
Median Rent in Wheat Ridge, CO
6 Reasons to Live in Wheat Ridge, CO
Reasonable real estate market! The average price of homes for sale in Wheat Ridge is about on par with the rest of Colorado, so if moving to this state is of interest you can feel secure that you will get a reasonable price. If you want to find options that are even below the local average, Lakeside is the perfect neighborhood to check out. The homes in City Center are a bit pricier, but often come with more options. There are also rent to own homes available throughout the city for those not in the position to make the commitment of buying a house outright.
Great rental prices available! There are not usually many homes for rent on the market, but there are plenty of apartments available at a reasonable price. Oak Hill has some of the least expensive options in all of Wheat Ridge. If you are looking for a luxury community, Arvada Station is a great place to look at.
Enjoy the city parks! The city of Wheat Ridge maintains a variety of beautiful parks for locals to enjoy. Discovery Park is one of the local favorites and includes a variety of amenities such as a Skate Park and Splash Pad and the Fruitdale Park has an off leash dog park available.
Take part in the local culture! Part of being in a community like Wheat Ridge is having access to a vibrant local culture. Teller Street Gallery & Studios offers a beautiful art gallery with work from both local and outside artists. The community also holds the annual Carnation Festival each August.
Check out the local nightlife! If you're interested in the nightlife, Iron Rail Tavern is a great choice. Long Shots Bar and Grill is a great alternative if you are looking for a good game of pool.
Stay healthy and fit! When it's time to get in your daily exercise, Empower Cycling Studio is a great choice if you like bicycles. Wheat Ridge Recreation Center has pools available to use along with a weights' area, a walking track, an aerobics room with wood floors and double ballet bars, a gymnasium and racquetball courts, and even a climbing wall and children's pavilion that includes a child care service.