Colorado Derby Lofts Apartments

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(316) 867-0430
Check Availability
201 N Water St, Wichita, KS 67202

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Contact

Colorado Derby Lofts

201 N Water St
Wichita, KS 67202
(316) 867-0430
Colorado Derby Lofts in Wichita, KS - Building Photo
  • Studio–1 Bedrooms
  • $970-$985Pricing
  • 475–489Square Feet

About Colorado Derby Lofts

Colorado Derby Lofts is located in the Downtown Wichita Neighborhood and 67202 Zip code of Wichita, KS. This community is professionally managed by Perry Reid Properties

Unique Features and Amenities

  • Bark Park
  • Gazebos
  • Goose Neck Faucets
  • Reserved Underground Parking Garage
  • Ribbon Windows
  • Rooftop Amenities
  • Rooftop Lounge Area
  • Secure Parcel Locker Room
  • Sparkling Rooftop Sunning Pool
  • Wood inspired flooring

See All Amenities

Property Contact Info

Floorplan Pricing and Availability

Colorado Derby Lofts offers Studio to 1 Bedroom apartments starting from $970 and having 475–489 sq ft. Here is the current pricing and availability:

  • Studio

    Floorplan L

    $970

    Studio, 1 Bath, 475 sq ft
    Available Mar 25

    Availability Details

    PriceAvailability DateUnitSq Ft
    $970March 25, 2026L475 sq ft

    Model Amenities and Features

    Features

    • Air Conditioning
    • Cable Ready
    • Ceiling Fans
    • Heating
    • Smoke Free
    • Tub/Shower
    • Washer/Dryer
    • Wi-Fi

    Kitchen

    • Dishwasher
    • Disposal
    • Granite Countertops
    • Kitchen
    • Microwave
    • Oven
    • Range
    • Refrigerator
    • Stainless Steel Appliances

    Living Space

    • Carpet
    • Vinyl Flooring
    • Walk-In Closets

    Model Rent and Fees

    Model Price

    • $970
  • 1 Bedroom

    Floorplan G

    $985

    1 Bed, 1 Bath, 489 sq ft
    Available Now

    Availability Details

    PriceAvailability DateUnitSq Ft
    $985Available NowG489 sq ft

    Model Amenities and Features

    Features

    • Air Conditioning
    • Cable Ready
    • Ceiling Fans
    • Heating
    • Smoke Free
    • Tub/Shower
    • Washer/Dryer
    • Wi-Fi

    Kitchen

    • Dishwasher
    • Disposal
    • Freezer
    • Granite Countertops
    • Ice Maker
    • Kitchen
    • Microwave
    • Oven
    • Refrigerator
    • Stainless Steel Appliances

    Living Space

    • Carpet
    • Views
    • Vinyl Flooring
    • Window Coverings

    Model Rent and Fees

    Model Price

    • $985
Price shown is base rent. Excludes user-selected optional fees and variable or usage-based fees and required charges due at or prior to move-in or at move-out. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice.

Schedule a Tour

Schedule a Tour
Call us at: (316) 867-0430 to schedule a tour.

3D Tours

Property Information

Lease Terms

  • 3, 6, 12 mo

Fees and Policies

The fees listed below are community-provided and may exclude utilities or add-ons. All payments are made directly to the property and are non-refundable unless otherwise specified.

Required Fees

One-Time Basics

Due at Application
Administrative FeeiCharged Per Unit.$250
Application Fee Per ApplicantiCharged per applicant.$35

Pet Policy and Fees

Cats

  • 2 Pet Limit
  • $250 Fee
  • Monthly Pet Fee $25

Dogs

  • 2 Pet Limit
  • $250 Fee
  • Monthly Pet Fee $25
Restrictions:

Breed Restrictions apply, contact office for more information

Parking Info and Fees

Surface LotiParking Available
  • 1 Max
Garage ParkingiAssigned basement garage or independent garage parking
  • 1 Max

Property Fee Disclaimer: Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.

Features and Amenities

Unique Amenities

  • Bark Park
  • Gazebos
  • Goose Neck Faucets
  • Reserved Underground Parking Garage
  • Ribbon Windows
  • Rooftop Amenities
  • Rooftop Lounge Area
  • Secure Parcel Locker Room
  • Sparkling Rooftop Sunning Pool
  • Wood inspired flooring

On-Site Services

  • Package Service
  • Pet Washing Station
  • Pet Play Area
  • 24 Hour Access
  • Key Fob Entry
  • Maintenance On Site

Community Features

  • Lounge
  • Clubhouse
  • Elevator

Outdoor Features

  • Grill
  • Roof Terrace
  • Sundeck
  • Gated

Recreation and Fitness

  • Fitness Center
  • Pool

Interior Features

  • Storage Space
  • Heating
  • Ceiling Fans
  • Cable Ready
  • Washer/Dryer
  • Air Conditioning
  • Wi Fi
  • Smoke Free

Kitchen Amenities

  • Disposal
  • Stainless Steel Appliances
  • Kitchen
  • Dishwasher
  • Eat In Kitchen
  • Range
  • Refrigerator
  • Oven
  • Microwave
  • Granite Countertops

Living Area Features

  • Walk In Closets
  • Views
  • Hardwood Floors

Unique Amenities

  • Garage Available
Google Map

Map

201 N Water St, Wichita, KS 67202

Hours and Contact Info

Call Us - Open Now!
Currently Closed
By Appointment
Monday8:00 am–5:00 pm
Tuesday8:00 am–5:00 pm
Wednesday8:00 am–5:00 pm
Thursday8:00 am–5:00 pm
Friday8:00 am–5:00 pm
SaturdayBy Appointment
SundayClosed

Frequently Asked Questions about Colorado Derby Lofts

Where is Colorado Derby Lofts located?

Colorado Derby Lofts is located at 201 N Water St near the Downtown Wichita area of Wichita, KS

What is the current rent range at Colorado Derby Lofts?

Studio to 1 Bedroom Apartments at Colorado Derby Lofts currently range from $970 to $985

When is the leasing office open?

  • The office Hours for Colorado Derby Lofts are
  • Monday 8:00 am–5:00 pm
  • Tuesday 8:00 am–5:00 pm
  • Wednesday 8:00 am–5:00 pm
  • Thursday 8:00 am–5:00 pm
  • Friday 8:00 am–5:00 pm
  • Saturday By Appointment
  • Sunday Closed

Are pets allowed?

Call us today to find out our pet policy and if we allow pets

Lifestyle Ratings

  • Affordability Nice Value3.2

    The Colorado Derby Lofts Apartments are 18.95% cheaper than the average apartment in the Downtown Wichita area, and 8.0% more expensive than the average apartment city-wide.

    Rent Comparison to the Downtown Wichita Neighborhood

    FloorplanLowest Price HereNeighborhood Avg RentNbhd Avg RentCost Difference%
    Studio$970$1,044-$74-7.1%
    1 Bedroom$985$1,424-$439-30.8%

    Rent Comparison to the city of Wichita

    FloorplanLowest Price HereCity Average RentCost Difference%
    Studio$970$838+$13215.8%
    1 Bedroom$985$983+$20.2%

    Methodology: On 03/20/2026, ApartmentHomeLiving.com compared current rents by floorplan to 91 other apartment communities in the immediate area around Colorado Derby Lofts (Downtown Wichita), and 563 other apartment communities in Wichita using today’s up-to-date pricing using the sum/count averaging formula. This data will be updated in real-time as prices fluctuate.

    Rent Pricing Data as of 03/20/2026

  • Pet Friendly 3.0

    Top Pet Friendly apartments have specified that they accept pets and feature a number pet friendly amenities for renters with furry friends.

    Rating Factors

    This 3.0-star Pet Friendly rating is based on the following features:

    • Hardwood Floors
    • Pet Play Area
    • Elevator(s)
    • Pet Washing Station
    • Heating
    • Air Conditioning
  • Family Friendly 3.2

    Family Friendly apartments feature the best community amenities for larger families like larger floorplans, playgrounds and day care options.

    Rating Factors

    This 3.2-star Family Friendly rating is based on the following features:

    • Fitness Center
    • Smoke Free Options
    • Hardwood Floors
    • Controlled Gate Access
    • Washer/Dryer In Unit
    • Package Service
    • Pet Washing Station
    • Pet Play Area
    • Key Fob Entry
    • Maintenance on site
    • Elevator(s)
    • Roof Terrace
    • Swimming Pool(s)
    • Dishwashers
    • Eat in Kitchen or Dining Rooms
    • 24 Hour Access
    • Lounge
    • Grill(s)
    • Sundeck(s)
    • Storage Spaces
    • Heating
    • Ceiling Fans
    • Air Conditioning
    • Hi Speed Internet/Wi-Fi
    • Disposals
    • Kitchens
    • Granite Countertops
    • Views
    • Cable Ready
    See more
    See less
  • Transit Friendly 3.2

    Transit Friendly apartments feature a fantastic location and great access to local mass transit.

  • Student Living 3.2

    Rentals that are highly rated for the Student Living Lifestyle rating have top features and amenities that benefit students and others who enjoy living the student lifestyle.

    Rating Factors

    This 3.2-star Student Living rating is based on the following features:

    • Hi Speed Internet/Wi-Fi
    • Package Service
    • Washer/Dryer In Unit
    • 24 Hour Access
    • Elevator(s)
    • Roof Terrace
    • Sundeck(s)
    • Fitness Center
    • Swimming Pool(s)
    • Storage Spaces
    • Smoke Free Options
    • Views
    • Pet Washing Station
    • Pet Play Area
    • Key Fob Entry
    • Maintenance on site
    • Lounge
    • Clubhouse
    • Grill(s)
    • Controlled Gate Access
    • Heating
    • Air Conditioning
    • Disposals
    • Stainless Steel Appliances
    • Kitchens
    • Dishwashers
    • Eat in Kitchen or Dining Rooms
    • Ranges
    • Refrigerators
    • Ovens
    • Granite Countertops
    • Ceiling Fans
    • Cable Ready
    See more
    See less
Learn more about Lifestyle Search

Renters Reviews and Ratings

5.0
15 Renters Reviews
ⓘ How is this Rating Determined?The property ratings on ApartmentHomeLiving.com are created using a 5-star scale that includes average renter review scores combined with building ratings to determine an overall blended property score.

Building ratings are based on a community’s features, including the building design, construction, exterior spaces, and amenities. To learn more about the CoStar Building Rating System, refer to our official guidelines here.
  • Moved in this summer and love it.

    November 18, 2019
    Great people to work with, very nice finishing and great location.
    • Property Manager Responded

      December 2, 2019
      Thank you for your 5-Star Review. Colorado Derby Lofts
    Review from Apartments.com
  • Top apartment in Wichita

    November 18, 2019
    This is the best apartment for the money you will spend downtown. It’s close to the river and downtown and is the most modern and affordable apartment. It has a great rooftop view and everyone who lives here is always kind and willing to help with anything. It was the best apartment out of 15 I looked for down in Wichita.
    • Property Manager Responded

      January 8, 2020
      Thank you so much for your review! We are glad you are enjoying it!
    Review from Apartments.com
  • Into 2nd lease

    November 18, 2019
    Colorado derby lofts is probably the most solid choice if you want to live downtown in Wichita. High quality appliances, beautiful apartments, and excellent community. Renewing my lease was a no brainer.
    • Property Manager Responded

      January 8, 2020
      Thank you so much for the review! We are glad you are enjoying the community!
    Review from Apartments.com
  • Excellent Place!

    November 18, 2019
    I've only been here two weeks but have lived in another place owned by the same company. I've experienced nothing but great vibes from the staff here and would recommend it to those are looking for a place not quite in the heart of Downtown or Old Town but just in between those and the river. The view from the rooftop hangout is amazing and the people here are great! Definitely recommend at least you coming and taking a tour!
    • Property Manager Responded

      January 8, 2020
      Thank you so much for the review! We are glad you are enjoying your stay!
    Review from Apartments.com
  • Great!

    November 18, 2019
    Awesome management, very quick maintenance, and great community.
    • Property Manager Responded

      January 8, 2020
      Thank you so much for the review! We are glad you are enjoying the community!
    Review from Apartments.com
  • All the best features

    November 18, 2019
    Awesome spaces, unique floor plans, can be as social or secluded as you feel, with the added bonus of underground parking or grace rentals. Also very pet friendly environment. Have been living here over a year and love it!
    • Property Manager Responded

      January 8, 2020
      Thank you for the review! We are glad you are enjoying the complex!
    Review from Apartments.com
  • Best Place I have ever lived!

    November 18, 2019
    This is the best apartment I have ever lived in. Appliances are brand new. The views is incredible. The rooftop is my favorite place. The staff is friendly, helpful, and always amazing!
    Review from Apartments.com
  • Nicest people, Amazing place!

    November 18, 2019
    Colorado Derby Lofts not only is just beautiful, but ever neighbor is nice. It’s especially appreciated when they can also put up with my boyfriends elevator jokes. Not to mention, Angie is the nicest person ever. We always look forward to saying hi and having little chats.
    Review from Apartments.com
  • Dope Place

    November 18, 2019
    Comfortable living with immediate service. The employees are kind and attentive, would recommend. Tell them 809 recommended you.
    Review from Apartments.com
  • Great place in Downtown ICT

    November 18, 2019
    I have lived in several apartments downtown and Coloado Derby is by far the best! Great rooftop! Gated parking! Walking distance to everything downtown!
    Review from Apartments.com
  • Best rooftop in Wichita!

    November 18, 2019
    Love it here! Beautiful lofts and friendly staff! I highly recommend this apartment!
    Review from Apartments.com
  • Awesome place to live

    November 18, 2019
    I moved in to the derby lost 3 months ago and its a really nice and quite place to live in downtown. The building and equipments are new and modern and the apartment manager angie is really nice and quick to respond if you have maintenance emergency. Definitely recommended
    Review from Apartments.com

Nearby Schools

Marshall Middle School

Wichita School District
1510 Payne Street
Public School - Grades 6-8 (0 Students)
In Attendance Zone5 minute drive / 1.7 miles away
6/10

North High

Wichita School District
1437 North Rochester Street
Public School - Grades 9-12 (0 Students)
In Attendance Zone4 minute drive / 1.5 miles away
1/10

Park Elementary

Wichita School District
1025 North Main Street
Public School - Grades PK-5 (280 Students)
In Attendance Zone2 minute drive / 0.9 miles away
2/10

Chisholm Life Skills Center

Wichita School District
2515 East Osie Street
Public School - Grades 9-12 (0 Students)
In Attendance Zone5 minute drive / 2.5 miles away
School data provided by GreatSchools.
details
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on scale of 1 (below average) and to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider needs as part of the school selection process.

About GreatSchools Data on ApartmentHomeLiving.com.

Points of Interest

Time and distance from Colorado Derby Lofts.

Big Box and Retail

Walgreens

710 N West St
5 minute drive / 2.7 miles away

Aldi

2323 N Amidon Ave
5 minute drive / 2.77 miles away

Walmart

501 E Pawnee St
6 minute drive / 2.94 miles away

Colleges and Universities

Friends University

2100 W. University Ave.
5 minute drive / 1.7 miles away

Newman University

3100 McCormick Ave
5 minute drive / 2.5 miles away

Wichita State University

1845 Fairmount
6 minute drive / 3.26 miles away

Groceries

Dillons

3020 E Douglas Ave
4 minute drive / 2.17 miles away

Save A Lot

2402 E 13th St
4 minute drive / 2.2 miles away

Aldi

2323 N Amidon Ave
5 minute drive / 2.77 miles away

Hospitals

Via Christi Hospital - Wichita

929 North St Francis Street
2 minute drive / 0.86 miles away

Wesley Medical Center

550 N Hillside Street
4 minute drive / 2.27 miles away

Kansas Surgery & Recovery Center

2770 North Webb Road
14 minute drive / 6.89 miles away

Military Bases

McConnell Air Force Base

13 minute drive / 6.44 miles away

Shopping Centers

E Central Retail Strip Center

1405-1429 E Central Ave
3 minute drive / 1.03 miles away

Washington Square

Gilbert
3 minute drive / 1.3 miles away

Minasa Center

721-733 W 13th
3 minute drive / 1.3 miles away

Colorado Derby Lofts has 5 shopping centers within 1.8 miles.

Nearby Neighborhoods

Studio to 4 Bedroom Apartments from $425
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Studio to 4 Bedroom Apartments from $425
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Studio to 4 Bedroom Apartments from $535
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Rental Price Ranges in the Area

BedroomAverage RentCheapest RentHighest Rent
Wichita Studio Apartments $838$425$3,026
Wichita 1 Bedroom Apartments $983$495$4,320
Wichita 2 Bedroom Apartments $1,189$585$5,563
Wichita 3 Bedroom Apartments $1,434$700$3,735
Wichita 4 Bedroom Apartments $1,994$950$6,097

Browse Top Apartments in Wichita

Viewing: Colorado Derby Lofts | Desktop Version | Listing Updated: 03/19/2026 | AHLGLD