Home Insurance in Iola, Kansas
The median home value in Iola is $78,300, 27% lower than the Allen County median.
Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild. The typical home in Iola was built around 1960. About 50% of homes were built before 1960, about 4 points above Allen County's 46%.
The housing stock in Iola is 84% single-family homes, 5% apartments in buildings with 5+ units and 5% mobile or manufactured homes. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
50% of owner-occupied homes in Iola carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
Iola has an owner-occupancy rate of 61% and a vacancy rate of 17%; unoccupied homes typically need a different coverage form.
Most homes in Iola - 67% - are primarily heated with natural gas.
What's the biggest home insurance risk near Iola? FEMA's National Risk Index points to winter weather (Relatively Low) in Allen County and Allen County had 68 active NFIP flood policies as of September 2026. See the full Allen 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 Kansas carries a statewide average premium of $1,733 per year.
Key figures
| Median home value | $78,300 |
|---|---|
| Median year built | 1960 |
| Owner-occupied share | 61% |
| Share of owner-occupied homes with a mortgage | 50% |
| Top county hazard | Winter Weather (Relatively Low) |
| Active NFIP policies in Allen County | 68 |
| Home insurance premium | $1,733 - 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)