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AirDNA Data: US Colorado Wheat Ridge

How is Wheat Ridge performing?

63

Good
Market Score

37

Investability

74

Rental Demand

41

Revenue Growth

57

Seasonality

30

Regulation

Annual Revenue

$25.9K

+3%

past year

Occupancy Rate

61%

+4%

past year

Average Daily Rate

$224.5

+3%

past year

Revenue per Available Rental (RevPAR)

$131.8

+6%

past year

Wheat Ridge Performance Details

Total available listings

327

+3%

past year

Listings by rental channel

Channel

Airbnb (56%)

Vrbo (14%)

Both (30%)

Listings by rental size

Bedrooms

1 Bedroom (32%)

2 Bedroom (21%)

3 Bedroom (25%)

4 Bedroom (11%)

5+ Bedroom (11%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (39%)

91-180 nights (20%)

181-270 nights (11%)

271-365 nights (31%)

Listings by rental type

Type

Entire Home (85%)

Private Room (15%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (14.5%)

Moderate (65.1%)

Strict (18.9%)

Super Strict (1.6%)

Listings by Minimum Stay

1 Night (0.0%)

2 Nights (44.3%)

3 Nights (13.1%)

4-6 Nights (8.0%)

7-29 Nights (4.9%)

30+ Nights (29.7%)

What amenities do listings have?

Internet

99%

Heating

94%

Wireless Internet

94%

Parking

93%

Aircon

90%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Elevate BNB Management
70.0%253
4.91
AirSimplicity
5-0.3%409
4.85
Evolve
4-0.5%76
4.87
RockyMountainShortTermRental
10.0%184
4.70
Vacasa
11.0%8
4.90

Occupancy

Occupancy Rate

61%

+5%

past year

Booking lead time
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Length of stay
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What percentage of the month was occupied?

Average monthly occupancy over the last 5 years

+3%

past year

2023
2022
2021
2020
2019
2018

Revenue

Average revenue

$2,586,118

+5%

past year

How much revenue did listings earn per month?

Average revenue over the last 5 years

+3%

past year

2023
2022
2021
2020
2019
2018

Rates

Revenue per available rental (RevPAR)

$61

+5%

past year

Revenue per available rental
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Revenue per available rental (RevPAR) over the last 5 years
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What was the average daily rate?

Average daily rate over the last 5 years

-3%

past year

2023
2022
2021
2020
2019
2018

Revenue per available rental (RevPAR)

Revenue per available rental

$61

-7%

past year

Weekend revenue per available rental (RevPAR)
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What percentage of the month was occupied?

Average monthly occupancy over the last 5 years

+3%

past year

2023
2022
2021
2020
2019
2018
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