Home Insurance in Gilbert, Minnesota
Homes in Gilbert carry a median value of $126,000 - 43% lower than the St. Louis County median.
The typical home in Gilbert was built around 1954. About 58% of homes were built before 1960, about 10 points above St. Louis County's 48%. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing.
Housing in Gilbert breaks down to 84% single-family homes and 10% apartments in buildings with 5+ units.
51% of owner-occupied homes in Gilbert carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
The vacancy rate is 12%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 84% of occupied homes in Gilbert are owner-occupied.
Most homes in Gilbert - 79% - are primarily heated with natural gas. Homes heated with propane and fuel oil can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies.
St. Louis County had 343 active NFIP flood policies as of September 2026. Its top FEMA-rated hazard is winter weather (Very High). See the full St. Louis 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 | $126,000 |
|---|---|
| Median year built | 1954 |
| Owner-occupied share | 84% |
| Share of owner-occupied homes with a mortgage | 51% |
| Top county hazard | Winter Weather (Very High) |
| Active NFIP policies in St. Louis County | 343 |
| Home insurance premium | $1,988 - 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)