Home Insurance in Rexburg, Idaho
With a median home value of $395,100, Rexburg is close to the Madison County median.
The typical home in Rexburg was built around 2005. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. About 5% of homes were built before 1960, about 3 points below Madison County's 8%.
The housing stock in Rexburg is 26% single-family homes, 57% apartments in buildings with 5+ units and 2% mobile or manufactured homes. The rest are 2-4 unit or other housing types.
About 59% of owner-occupied homes in Rexburg have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
Rexburg has an owner-occupancy rate of 23% and a vacancy rate of 13%; unoccupied homes typically need a different coverage form.
In Rexburg, 55% of homes are primarily heated with natural gas.
What's the biggest home insurance risk near Rexburg? FEMA's National Risk Index points to earthquake (Relatively Low) in Madison County and Madison County had 34 active NFIP flood policies as of September 2026. See the full Madison County home insurance overview for all FEMA hazard ratings and flood coverage details. Earthquake damage is excluded from a standard homeowners policy.
In Idaho, the statewide average premium for a standard HO-3 homeowners policy is $1,135 per year (NAIC, 2023 data).
Key figures
| Median home value | $395,100 |
|---|---|
| Median year built | 2005 |
| Owner-occupied share | 23% |
| Share of owner-occupied homes with a mortgage | 59% |
| Top county hazard | Earthquake (Relatively Low) |
| Active NFIP policies in Madison County | 34 |
| Home insurance premium | $1,135 - statewide average (NAIC, 2023 data) |
Nearby towns
Sources
Data last updated: 2026-09-29
- U.S. Census Bureau Gazetteer Files (2024)
- U.S. Census Bureau, American Community Survey 2020-2024 5-Year Estimates (2024)
- FEMA National Risk Index (December 2025)
- FEMA OpenFEMA NFIP Redacted Policies v3 (2026)
- NAIC Dwelling Fire, Homeowners Owner-Occupied, and Homeowners Tenant and Condominium/Cooperative Unit Owners Insurance: Data for 2023 (published 2026) (2023)