Home Insurance in Rock Rapids, Iowa
The median home value in Rock Rapids is $206,700, 10% lower than the Lyon County median.
The typical home in Rock Rapids was built around 1971. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. About 37% of homes were built before 1960, about 7 points below Lyon County's 43%.
Housing in Rock Rapids breaks down to 76% single-family homes, 17% apartments in buildings with 5+ units and 1% mobile or manufactured homes.
62% of owner-occupied homes in Rock Rapids carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
Rock Rapids has an owner-occupancy rate of 71% and a vacancy rate of 14%; unoccupied homes typically need a different coverage form.
Most homes in Rock Rapids - 73% - are primarily heated with natural gas.
What's the biggest home insurance risk near Rock Rapids? FEMA's National Risk Index points to hail (Relatively Moderate) in Lyon County and Lyon County had 21 active NFIP flood policies as of September 2026. See the full Lyon County home insurance overview for all FEMA hazard ratings and flood coverage details.
The statewide average premium for a standard HO-3 homeowners policy in Iowa is $1,342 per year, according to the NAIC homeowners insurance report (2023 data).
Key figures
| Median home value | $206,700 |
|---|---|
| Median year built | 1971 |
| Owner-occupied share | 71% |
| Share of owner-occupied homes with a mortgage | 62% |
| Top county hazard | Hail (Relatively Moderate) |
| Active NFIP policies in Lyon County | 21 |
| Home insurance premium | $1,342 - 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)