Home Insurance in Maywood, Illinois

With a median home value of $229,800, Maywood is 29% lower than the Cook County median.

The median home in Maywood was built in 1939 or earlier. About 81% of homes were built before 1960, about 32 points above Cook County's 49%. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing.

The housing stock in Maywood is 64% single-family homes and 15% apartments in buildings with 5+ units. The rest are 2-4 unit or other housing types.

In Maywood, about 64% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.

About 60% of occupied homes in Maywood are owner-occupied. The vacancy rate is 10%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.

88% of homes in Maywood are primarily heated with natural gas.

Cook County had 11,554 active NFIP flood policies as of September 2026. Its top FEMA-rated hazard is winter weather (Very High). See the full Cook County home insurance overview for all FEMA hazard ratings and flood coverage details.

In Illinois, the statewide average premium for a standard HO-3 homeowners policy is $1,480 per year (NAIC, 2023 data).

Key figures

Median home value$229,800
Median year built1939 or earlier
Owner-occupied share60%
Share of owner-occupied homes with a mortgage64%
Top county hazardWinter Weather (Very High)
Active NFIP policies in Cook County11,554
Home insurance premium$1,480 - statewide average (NAIC, 2023 data)
Key home insurance figures for Maywood, IL

Nearby towns

Sources

Data last updated: 2026-09-29