Department of Numbers

Jefferson County Colorado Residential Rent and Rental Statistics

The median monthly gross residential rent in Jefferson County CO was $1,444 in 2019 according to the Census ACS survey.1 Average gross rent in Jefferson County was $1,454 in 2019. The median rent more accurately depicts rental rates in the middle of the distribution of rents and is thus preferred in the analysis below. 2020 Jefferson County median and average rent data will be released in September of 2021.

Data is also available below for Jefferson County rental vacancy rates, Jefferson County rent as a percent of median income and the fraction of renters in Jefferson County.

Show dollars as: Nominal Real

Real Gross Rent in Jefferson County Colorado (2019 dollars)2

2019 1 Year Change 3 Year Change
US Median Gross Rent $1,097 +1.86% +6.82%
Colorado Median Gross Rent $1,369 +4.34% +11.66%
Jefferson County CO Median Gross Rent $1,444 +2.19% +9.48%

Jefferson County CO Real Gross Rent Trends

At $1,444, real median gross rent in Jefferson County was at its highest level in 2019 since the series began in 2005. At $1,454, real average gross rent in Jefferson County was at its highest level in 2019 since the series began in 2005.

Real Gross Rent: Jefferson County CO Median, Jefferson County CO Average, Colorado Median, US Median

Lower quartile, median and upper quartile real gross rent

Real Gross Rent History for Jefferson County

Date US
Median
Colorado
Median
Jefferson County CO
Median
Jefferson County CO
Average
2019 $1,097 $1,369 $1,444 $1,454
2018 $1,077 $1,312 $1,413 $1,417
2017 $1,043 $1,279 $1,419 $1,426
2016 $1,027 $1,226 $1,319 $1,356
2015 $1,017 $1,179 $1,272 $1,303
2014 $986 $1,077 $1,130 $1,164
2013 $953 $1,023 $1,067 $1,108
2012 $940 $994 $1,049 $1,082
2011 $941 $972 $980 $1,044
2010 $955 $964 $1,014 $1,102
2009 $960 $970 $1,017 $1,100

more history ...

Jefferson County Rental Vacancy Rate

The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2019 the rental vacancy rate for Jefferson County Colorado was 3.77% according to Census ACS data.

Rental Vacancy Rate in Jefferson County Colorado

2019 1 Year Change 3 Year Change
US 5.97% -0.18% +0.08%
Colorado 4.60% -0.67% +0.31%
Jefferson County CO 3.77% -0.95% +1.47%

Trends in Jefferson County CO Rental Vacancy Rate

The rental vacancy rate in Jefferson County peaked in 2005 at 7.50%. Since then it has fallen by 3.73% to 3.77%. Data records for this series originated in 2005. From a 2015 post peak low of 1.41%, the rental vacancy rate has increased by 2.36%.

Rental Vacancy Rate: Jefferson County CO, Colorado, US

Rental vacancy rate in Colorado

Historical Rental Vacancy Rate data for Jefferson County

Date US Colorado Jefferson County CO
2019 5.97% 4.60% 3.77%
2018 6.15% 5.27% 4.72%
2017 6.18% 5.18% 3.83%
2016 5.89% 4.29% 2.30%
2015 5.85% 4.47% 1.41%
2014 6.32% 4.85% 2.33%
2013 6.49% 5.26% 3.79%
2012 6.77% 5.69% 3.73%
2011 7.40% 5.63% 4.90%
2010 8.17% 6.72% 5.67%
2009 8.43% 8.00% 4.69%

more history ...

Rent as a Fraction of Income

Using median household income data for Jefferson County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Jefferson County, median monthly gross rent as a fraction of median household income was 19.24% in 2019 according to the ACS.

Jefferson County Colorado Median Annual Rent as a Fraction of Median Household Income

2019 1 Year Change 3 Year Change
US 20.03% -0.47% -0.40%
Colorado 21.30% -0.20% -0.09%
Jefferson County CO 19.24% -0.15% -1.14%

Trends in Jefferson County CO Rent as a Fraction of Income

The fraction of median Jefferson County household income required to pay median monthly gross rent peaked in 2017 (relative to the 2005 series origin) at 20.48%. Since then it has fallen by 1.24% to 19.24%.

Fraction of Income towards Rent: Jefferson County CO, Colorado, US

Percent of median household income going towards median monthly gross rent in Jefferson County Colorado

Historical Data for Annual Rent as a Fraction of Income in Jefferson County Colorado

Date US Colorado Jefferson County CO
2019 20.03% 21.30% 19.24%
2018 20.50% 21.50% 19.39%
2017 20.13% 21.53% 20.48%
2016 20.43% 21.39% 20.38%
2015 20.63% 20.86% 20.23%
2014 20.89% 19.97% 18.16%
2013 20.78% 19.81% 17.82%
2012 20.65% 19.74% 17.53%
2011 20.70% 19.50% 16.93%
2010 20.50% 19.16% 17.05%
2009 20.12% 18.42% 16.22%

more history ...

Renter Fraction in Jefferson County Colorado

You can calculate the renter fraction in Jefferson County in at least two ways: by housing units or by population. I've gone with the housing units measure here. This measure looks at the number of renting households in Jefferson County as a fraction of total Jefferson County households. In 2019 30.26% of households were renters according to Census ACS data.

Jefferson County Fraction of Renters by Household Units

2019 1 Year Change 3 Year Change
US 35.89% -0.16% -0.99%
Colorado 34.15% -0.71% -1.09%
Jefferson County CO 30.26% -0.20% +1.74%

Trends in the Jefferson County CO Renter Fraction

The Jefferson County household renter fraction peaked in in 2014 at 31.12% and is now 0.86% below that level. The origin year for the series is 2005.

Fraction of Renting Households: Jefferson County CO, Colorado, US

Fraction of renters in Jefferson County

History of Jefferson County Renter Fraction

Date US Colorado Jefferson County CO
2019 35.89% 34.15% 30.26%
2018 36.05% 34.86% 30.46%
2017 36.13% 34.80% 28.58%
2016 36.88% 35.24% 28.52%
2015 36.97% 36.25% 30.65%
2014 36.90% 36.14% 31.12%
2013 36.50% 35.49% 29.70%
2012 36.09% 35.97% 30.22%
2011 35.42% 35.62% 30.33%
2010 34.65% 34.06% 28.89%
2009 34.13% 32.99% 29.83%

more history ...

1. Gross rent is defined as contract rent plus the estimated average monthly cost of utilities (electricity, gas, water, and sewer) and fuel (oil, coal, kerosene, wood, etc.). Because some rentals include utilities and others don't, gross rent is a way of normalizing the variability.

2. Real dollars are calculated using the CPI-U less shelter series.

3. The rental vacancy rate is computed by dividing the number of vacant units for rent by the sum of the renter-occupied units, vacant units that are for rent, and vacant units that have been rented but not yet occupied.