Sell Your Commercial Property In Jefferson County, CO

Who rents in Jefferson County

Renters head 70,766 of the 241,735 occupied households in Jefferson County, a 29.3% share in the 2020-2024 ACS. Owners still hold the larger share, with 170,969 households in the county. Rent burden runs heavy, too: 52.9% of Jefferson County renters paid 30% or more of income on gross rent in the same survey.

Lakewood carries the largest renter pool among Jefferson County's covered cities, with 29,247 renter households and a 41.9% renter share. Wheat Ridge posts the highest renter share at 45.6%, while Arvada runs lowest at 24.7%. Westminster and Littleton sit in between, each with renter shares near 38%.

Rents, growth and affordability

Jefferson County's median gross rent climbed 35.2%, from $1,376 to $1,861, between the 2015-2019 and 2020-2024 surveys. Population grew far more slowly over the same span, up 0.8% to 579,377 residents. Renter households rose 3.9%, adding 2,668 households.

Supply kept some pace. Units in 5+ unit buildings in Jefferson County grew 15.5%, an increase of 7,555 units. Median household income rose 33.3% to $110,656, outrunning rent growth over the five-year comparison.

HUD's FY2027 two-bedroom Fair Market Rent for the Denver-Aurora-Centennial area is $2,169, effective October 1, 2026. That benchmark runs $308 above Jefferson County's median gross rent, a gap worth checking against any unit you plan to sell.

City-by-city comparison

Wheat Ridge pairs its low $1,579 median rent with the highest renter share in the table, at 45.6%. Arvada sits at the other end, with $1,888 rent and only 24.7% renters. Littleton's rental vacancy, at 7.1%, is the highest among Jefferson County's covered cities.

Lakewood and Littleton run the densest apartment stock in the group, each with more than a third of units in buildings of five or more. Westminster's 3.6% vacancy is the tightest reading, while Littleton's 7.1% gives buyers more room to test lease-up assumptions.

Property taxes and assessment in Jefferson County

Colorado assesses multifamily and other residential property in the residential class, not the higher commercial class. For property tax years from January 1, 2026, the statutory residential rate is 6.8% of actual value for non-school levies and 7.05% for school-district levies, after a 10% reduction on the first $700,000 of actual value, per House Bill 24B-1001 and the Colorado Division of Property Taxation.

Real property in Jefferson County is revalued every odd-numbered year, with comparable sales for the 2025 and 2026 tax years drawn from January 2023 through June 2024. Pull the current notice of valuation from the Jefferson County Assessor before you price a sale, since mill levies vary by taxing district within the county.

Colorado charges no real estate transfer tax. The only statewide charge is the documentary fee under C.R.S. 39-13-102, one cent per $100 of consideration above $500, due at recording in Jefferson County.

What this means if you sell in Jefferson County

When you sell commercial property in Jefferson County, CO, you sell into a renter base of 70,766 households, with 22.2% of units sitting in 5+ unit buildings. The 4.9% rental vacancy rate is the counterweight buyers will test against your rent roll, especially if your building sits near Littleton's looser 7.1% market.

Rent control is not a factor. C.R.S. 38-12-301 preempts any county or municipal ordinance that controls rent in Jefferson County, leaving rent levels to lease terms and market demand. Deposits are capped at two months' rent under C.R.S. 38-12-102.5, with return required within one month of lease termination.

As a multifamily buyer in Jefferson County, we review 5+ unit buildings from Lakewood to Wheat Ridge as they stand today. Send a current rent roll, a T-12 and the latest assessor notice, and we will price the building on those numbers.