Home Insurance in Fridley, Minnesota
The median home value in Fridley is $302,900, 13% lower than the Anoka County median.
The typical home in Fridley was built around 1968. About 25% of homes were built before 1960, about 11 points above Anoka County's 13%. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them.
Housing in Fridley breaks down to 61% single-family homes, 31% apartments in buildings with 5+ units and 2% mobile or manufactured homes.
In Fridley, about 65% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
Fridley has an owner-occupancy rate of 63% and a vacancy rate of 6%; unoccupied homes typically need a different coverage form.
Most homes in Fridley - 79% - are primarily heated with natural gas.
What's the biggest home insurance risk near Fridley? FEMA's National Risk Index points to strong wind (Very High) in Anoka County and Anoka County had 259 active NFIP flood policies as of September 2026. See the full Anoka 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 Minnesota carries a statewide average premium of $1,988 per year.
Key figures
| Median home value | $302,900 |
|---|---|
| Median year built | 1968 |
| Owner-occupied share | 63% |
| Share of owner-occupied homes with a mortgage | 65% |
| Top county hazard | Strong Wind (Very High) |
| Active NFIP policies in Anoka County | 259 |
| Home insurance premium | $1,988 - statewide average (NAIC, 2023 data) |
Nearby towns
- Hilltop
- Spring Lake Park
- Columbia Heights
- New Brighton
- Mounds View
- Brooklyn Center
- St. Anthony
- Arden Hills
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)