Home Insurance in Milo, Iowa
Homes in Milo carry a median value of $153,100 - 43% lower than the Warren County median.
The typical home in Milo was built around 1961. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild. About 49% of homes were built before 1960, about 30 points above Warren County's 19%.
Housing in Milo breaks down to 92% single-family homes, 1% apartments in buildings with 5+ units and 2% mobile or manufactured homes.
In Milo, about 74% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
About 85% of occupied homes in Milo are owner-occupied. The vacancy rate is 4%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.
In Milo, 89% of homes are primarily heated with natural gas.
Warren County's top FEMA-rated hazard is tornado (Relatively Moderate), per FEMA's National Risk Index. Warren County had 32 active NFIP flood policies as of September 2026. See the full Warren 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 | $153,100 |
|---|---|
| Median year built | 1961 |
| Owner-occupied share | 85% |
| Share of owner-occupied homes with a mortgage | 74% |
| Top county hazard | Tornado (Relatively Moderate) |
| Active NFIP policies in Warren County | 32 |
| 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)