Home Insurance in Columbus, Mississippi

With a median home value of $125,700, Columbus is 23% lower than the Lowndes County median.

The typical home in Columbus was built around 1974. About 25% of homes were built before 1960, about 10 points above Lowndes County's 15%. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild.

The housing stock in Columbus is 67% single-family homes, 21% apartments in buildings with 5+ units and 2% mobile or manufactured homes. The rest are 2-4 unit or other housing types.

In Columbus, about 51% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.

Columbus has an owner-occupancy rate of 48% and a vacancy rate of 16%; unoccupied homes typically need a different coverage form.

In Columbus, 53% of homes are primarily heated with electricity.

What's the biggest home insurance risk near Columbus? FEMA's National Risk Index points to tornado (Relatively High) in Lowndes County and Lowndes County had 701 active NFIP flood policies as of September 2026. See the full Lowndes County home insurance overview for all FEMA hazard ratings and flood coverage details.

In Mississippi, the statewide average premium for a standard HO-3 homeowners policy is $2,029 per year (NAIC, 2023 data).

Key figures

Median home value$125,700
Median year built1974
Owner-occupied share48%
Share of owner-occupied homes with a mortgage51%
Top county hazardTornado (Relatively High)
Active NFIP policies in Lowndes County701
Home insurance premium$2,029 - statewide average (NAIC, 2023 data)
Key home insurance figures for Columbus, MS

Nearby towns

Sources

Data last updated: 2026-09-29