Airbnb Market Analytics, Statistics and Data in Wheat Ridge, Colorado, United States
Last updated: 2025-01-31
Looking to make more money with hosting or rental arbitraging Airbnbs, short-term rentals, vacation rentals in Wheat Ridge? AirROI have just the data insights! Over the last twelve months from February 2024 to January 2025, we've uncovered key trends and opportunities that successful hosts are leveraging in Wheat Ridge:
How much do Airbnb hosts make on average per month in Wheat Ridge?
The short-term rental market in Wheat Ridge shows distinct revenue patterns across different property tiers. Our analysis reveals that successful properties combine strategic pricing with quality management to maximize earnings potential. Market data demonstrates clear revenue differentiation among properties:
- Typical properties (median) earn $3,055 per month
- Strong performing properties (top 25%) make $4,871 or more
- Best-in-class properties (top 10%) achieve $8,297+ monthly
- Entry-level properties (bottom 25%) typically earn around $1,755
Revenue Variations by Month
Occupancy Rates Throughout the Year in Wheat Ridge
The market in Wheat Ridge shows distinct occupancy patterns influenced by seasonal trends and local dynamics. Properties that maintain high guest satisfaction scores and implement strategic pricing consistently achieve stronger occupancy rates. Current market data shows:
- Typical properties (median) maintain 61% occupancy rates
- Strong performing properties (top 25%) achieve 75% or higher
- Best-in-class properties (top 10%) reach 86%+occupancy
- Entry-level properties (bottom 25%) average around 41%
Occupancy Variations by Month
Average Daily Rates Seasonal Trends in Wheat Ridge
Daily rates in Wheat Ridge vary based on seasonality, property quality, and market dynamics. Properties that effectively balance competitive pricing with strong amenities typically command higher rates. Market analysis shows the following rate structure:
- Typical properties (median) generate $149 per night
- Strong performing properties (top 25%) secure $242 or more
- Best-in-class properties (top 10%) pull in $381+ per night
- Entry-level properties (bottom 25%) earn around $100
Daily Rate Variations by Month
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Seasonality patterns in Wheat Ridge
Peak Season (June, July, August)
- Revenue peaks at $5283.41 per month
- Occupancy rates reach 73.09%
- Daily rates average $220.01
Shoulder Season
- Revenue averages $4000.27 per month
- Occupancy maintains 57.45%
- Daily rates hold at $198.99
Low Season (April, February, January)
- Revenue drops to $2794.82 per month
- Occupancy decreases to 43.32%
- Daily rates adjust to $180.99
Is it still profitable to do Airbnb in Wheat Ridge in 2025?
Yes! Wheat Ridge demonstrates highly seasonal trends requiring strategic adaptation, featuring a healthy occupancy rate of 57% and strong monthly revenue averaging $4000 and With 229 active listings, the market shows established demand while maintaining room for growth. There's also room for profit through rental arbitrage strategies, if you can identify competitively priced properties. To maximize your return on investment, consider employing the following strategies:
Peak Season Strategy
- Implement premium seasonal pricing strategies
- Set longer minimum stay requirements during high-demand periods
- Enforce stricter cancellation policies
Shoulder Season Strategy
- Maintain competitive market-based pricing
- Offer moderate-length stay incentives
- Target a mix of leisure and business travelers with flexible booking terms
- Focus on weekend getaway packages and mid-week business traveler promotions
Low Season Strategy
- Adjust pricing to remain competitive in the market
- Target different guest segments (business travelers, long-term stays, holiday visitors, event attendees, remote workers)
- Create targeted promotional campaigns to drive occupancy
Top Places to Start Airbnb in Wheat Ridge
| Area | Why Choose This Area | Key Attractions |
|---|---|---|
| Fruitdale | A residential neighborhood with easy access to downtown Denver and local parks. It’s ideal for families and outdoor enthusiasts looking for quiet surroundings yet close to urban amenities. | Fruitdale Park, Clear Creek Trail, Local Breweries, Wheat Ridge Greenbelt, Shopping Centers |
| Crown Hill | Located near the expansive Crown Hill Park, this area is perfect for nature lovers and tourists wanting a peaceful retreat with beautiful scenery and recreational activities. | Crown Hill Park, Crown Hill Cemetery, Birdwatching, Walking Trails, Nearby Restaurants |
| Wheat Ridge Historic District | Rich in history and charm, this area attracts visitors interested in the heritage of Wheat Ridge, offering access to local shops and dining. | Historic Buildings, Local Markets, Restaurants, Nearby Art Galleries, Community Events |
| Anderson Park | A family-friendly area with easy access to parks and recreational opportunities, making it appealing to guests traveling with children or pets. | Anderson Park, Playgrounds, Picnic Areas, Walking Trails, Nearby Schools |
| Wheat Ridge Recreation Center | An active area attracting visitors for its recreational facilities. Ideal for guests interested in fitness and outdoor activities. | Wheat Ridge Recreation Center, Swimming Pool, Fitness Classes, Parks, Sports Facilities |
| West Denver Suburbs | Convenient suburban living with quick access to both natural attractions and urban downtown Denver, ideal for families and visitors looking for balance. | Shopping Areas, Parks, Dining Options, Cultural Centers, Nearby Hiking Trails |
| Kipling Estates | A suburban area attracting families and long-term visitors with its quiet neighborhoods and community vibe, perfect for those looking to unwind. | Kipling Park, Community Centers, Shopping, Dining, Local Events |
| Clear Creek Crossing | Emerging as a popular destination for outdoor enthusiasts and visitors looking for a balance of recreation and suburban comfort, close to natural attractions. | Clear Creek, Hiking Trails, Biking Paths, Local Parks, Scenic Views |
Do you need a license for Airbnb in Wheat Ridge?
Most likely, Wheat Ridge requires a license for Airbnb operations. With 48% of current listings showing licensing information, we recommend checking Wheat Ridge's short-term rental regulations and starting the licensing process before listing your property.
Top Performing Airbnb Properties in Wheat Ridge
Lux Pool House! Hot Tub, Games, Fire Pit, Mini Put
Entire Place • 6 bedrooms
RED ROCKS HAUS | Hot Tub | Sauna | GYM | Sleeps 16
Entire Place • 5 bedrooms
Pool | Steam| Sauna | Projector
Entire Place • 5 bedrooms
Hot Tub *ARCADe *Pickleball *Karaoke *FIRE PIT
Entire Place • 5 bedrooms
Luxury 5 BR Retreat|10 min to DT Denver|Hot Tub
Entire Place • 5 bedrooms
Luxury Jungle Oasis 15 Min to DT Denver 6 Bedroom
Entire Place • 6 bedrooms
Top Performing Professional Hosts in Wheat Ridge
| Host Name | Properties | Grossing Revenue | Stay Reviews | Avg Rating |
|---|---|---|---|---|
| Brianna | 3 | $353,536 | 412 | 4.89/5.0 |
| Zen Haus | 2 | $331,613 | 82 | 4.96/5.0 |
| AirSimplicity | 5 | $328,150 | 431 | 4.82/5.0 |
| Atomic | 4 | $296,682 | 393 | 4.88/5.0 |
| Daniel | 3 | $276,527 | 176 | 4.97/5.0 |
| Evolve | 5 | $272,486 | 102 | 4.84/5.0 |
| Eric | 2 | $208,455 | 286 | 4.96/5.0 |
| Eva | 1 | $187,725 | 74 | 4.96/5.0 |
| Jessica | 3 | $183,672 | 190 | 4.86/5.0 |
| Seena And Kacia | 2 | $182,918 | 72 | 5.00/5.0 |
Additional analytics on vacation rental, real estate, short term rental data in Wheat Ridge
AirROI also have other key metrics and comprehensive data for your vacation rental, real estate needs. Go explore the advanced metrics that can help you make informed decisions:
Room Type Distribution
Property Type Distribution
Key Insights
- Market dominated by entire home listings (87.8%), with house and apartment & condo properties comprising 83.4% of inventory
Room Capacity Distribution
Analysis of 229 properties in Wheat Ridge shows that 1 bedroom properties are most prevalent, making up 24% of the market. The market tends to favor smaller properties, with 1 bedroom and 3 bedrooms together representing 45.9% of all listings.
Key Insights
- Most common: 1 bedroom (24%)
- Least common: 4 bedrooms (9.2%)
- Market concentration: 45.9% in top 2 sizes
- Market skew: Favors smaller properties
Guest Capacity Distribution
Analysis of 229 properties in Wheat Ridge reveals that 8+ guests properties dominate the market, representing 27.5% of all listings. The average property accommodates 4.8 guests, with a clear trend towards larger guest capacities. Properties accommodating 8+ guests and 4 guests make up 45.0% of the market.
Key Insights
- Most common capacity: 8+ guests (27.5% of market)
- Least common capacity: 1 guest (0.4% of market)
- Average guest capacity: 4.8 guests per property
- Market concentration: 45.0% in top 2 capacity sizes
- Market segmentation: Predominantly larger guest capacities
Booking and Availability Patterns
Available Days Distribution
Booked Days Distribution
Among 229 properties in Wheat Ridge, the most common availability pattern is 91-180 days (38.9% of properties). For actual bookings, properties most frequently secure bookings for 181-270 days (37.1% of properties).
Key Insights
- Most common availability window: 91-180 days (38.9%)
- Most common booking duration: 181-270 days (37.1%)
- Properties with high availability (180+ days): 40.2%
- Properties with long-term bookings (180+ days): 60.7%
Minimum Stay Distributions
1 Night
26 listings
12.2% of total
2 Nights
121 listings
56.8% of total
3 Nights
23 listings
10.8% of total
4-6 Nights
7 listings
3.3% of total
7-29 Nights
7 listings
3.3% of total
30+ Nights
29 listings
13.6% of total
Key Insights
- Short stays (1-2 nights) dominate the market at 69.0%
- Mid-length stays (4-6 nights) represent 3.3% of listings
- Monthly+ stays (13.6%) suggest a stable extended-stay market
- High market flexibility with 79.8% accepting 3 nights or less
Recommendations
- Set minimum stays between 2-3 nights to align with market standards
- Adjust minimum stays seasonally based on demand patterns
- Consider monthly stay discounts to capture the growing extended-stay market
- Implement different minimum stays for weekends vs. weekdays
Cancellation Policy Distribution
Super Strict 30 Days
2 listings
1% of total
Super Strict 60 Days
2 listings
1% of total
Flexible
34 listings
16.3% of total
Moderate
71 listings
34.1% of total
Firm
51 listings
24.5% of total
Strict
48 listings
23.1% of total
Key Insights
- Moderate is the preferred policy at 34.1% of listings
- The market shows a balanced distribution between guest-friendly (50.4%) and strict (47.6%) policies
- Strong market consensus around Moderate policies
- Super Strict 60 Days policies are least common at 1.0% of listings
Recommendations
- Market supports various policies - choose based on your property type and target guests
- Strong market preference for Moderate policies suggests this should be your baseline
- Consider generous cancellation terms as a competitive advantage
Booking Lead Time Trends
Key Insights
- Peak booking lead times occur in Jul, Jun, May, averaging 66 days
- Shortest booking windows are in Mar, Jan, Feb, averaging 35 days
- Summer shows the longest average booking window at 64 days, while Winter has the shortest at 36 days
Recommendations
- Implement dynamic pricing strategies for Summer bookings at least 64 days in advance
- Consider early bird discounts during Winter to encourage longer lead times
- Focus on last-minute booking promotions during Mar-Feb when lead times are shortest
Popular Airbnb Amenities in Wheat Ridge
Every property in Wheat Ridge comes standard with Wifi, and Smoke alarm. Below shows the distribution of other amenities:
Traveler Demographics
Key Insights
- Domestic travelers make up 96.2% of total guests, indicating a dominant local market share.
- Primary international markets: Canada (1.1%) and United Kingdom (0.4%)
- English is the top language at 80.5%, followed by Spanish (13.8%)
- Notable demographic segment in <=1950s (Pre-1950s (Silent Gen)) at 4.8%
Recommendations
- Target marketing campaigns for Denver and Houston markets
- Develop localized content for Canada and United Kingdom
- Prioritize English and Spanish language support
- Tailor experiences for Pre-1950s (Silent Gen) while maintaining broad age appeal
- Implement seasonal promotions aligned with key market travel patterns
Nearby Markets
Explore short-term rental performance in markets surrounding Wheat Ridge. These nearby markets offer diverse opportunities for property investors and hosts:
| Market | Properties | Monthly Revenue | Daily Rate | Occupancy |
|---|---|---|---|---|
| Aspen | 551 | $7,064 | $1002.81 | 37% |
| Blue River | 203 | $6,534 | $501.46 | 48% |
| Clear Creek County | 11 | $6,147 | $356.77 | 54% |
| Black Hawk | 121 | $5,571 | $302.81 | 58% |
| Grand County | 10 | $5,246 | $476.54 | 48% |
| Crested Butte | 229 | $5,139 | $498.68 | 43% |
| Indian Hills | 11 | $5,111 | $354.76 | 52% |
| Snowmass | 17 | $5,022 | $597.66 | 37% |
| Conifer | 43 | $4,754 | $336.67 | 49% |
| Bailey | 112 | $4,710 | $265.66 | 57% |
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