Home Insurance in Des Moines, Iowa

Homes in Des Moines carry a median value of $194,700 - 26% lower than the Polk County median.

The typical home in Des Moines was built around 1961. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. About 49% of homes were built before 1960, about 21 points above Polk County's 28%.

In Des Moines, the housing stock is 66% single-family homes, 26% apartments in buildings with 5+ units and 3% mobile or manufactured homes.

In Des Moines, about 68% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.

The vacancy rate is 8%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 60% of occupied homes in Des Moines are owner-occupied.

Most homes in Des Moines - 64% - are primarily heated with natural gas.

Polk County had 1,116 active NFIP flood policies as of September 2026. Its top FEMA-rated hazard is strong wind (Very High). See the full Polk County home insurance overview for all FEMA hazard ratings and flood coverage details.

According to the NAIC homeowners insurance report (2023 data), a standard HO-3 homeowners policy in Iowa carries a statewide average premium of $1,342 per year.

Key figures

Median home value$194,700
Median year built1961
Owner-occupied share60%
Share of owner-occupied homes with a mortgage68%
Top county hazardStrong Wind (Very High)
Active NFIP policies in Polk County1,116
Home insurance premium$1,342 - statewide average (NAIC, 2023 data)
Key home insurance figures for Des Moines, IA

Nearby towns

Sources

Data last updated: 2026-09-29