Grants Pass, OR
Grants Pass, OR landlord and rental property insurance
Local rental data and insurance guidance for Grants Pass property owners. A quote is not a binder.
Owners who rent out property in Grants Pass, Josephine County, are working in a market where 43% of occupied homes are rentals. The city counts about 39,468 residents; Oregon as a whole has a renter share of 37%.
Key housing figures for Grants Pass, OR
| Measure | Grants Pass | Oregon |
|---|---|---|
| Renter-occupied homes | 43% (7,115) | 37% |
| Median owner-occupied home value | $382,600 | $477,600 |
| Median gross rent | $1,217/mo | $1,525/mo |
| Median year structure built | 1983 | 1981 |
| Homes in 2–4 unit buildings | 9% | 7% |
| Single-family homes (detached or attached) | 75% | 68% |
Data: Census ACS 5-year estimates for 2020–2024 via Census Reporter, and Census Vintage 2024 population estimates.
Setting coverage on a Grants Pass rental
Grants Pass's median home value, roughly $382,600, gives a rough sense of what rentals here are worth; the state median is $477,600. For insurance, ask for a replacement-cost estimate on your specific building.
NAIC data for 2023 shows an average Oregon dwelling-fire premium of $971 in the $350,000–$399,999 coverage band, which brackets Grants Pass's median value; across all coverage amounts the state average was $886. Treat it as background, since landlord pricing depends on the building and occupancy.
How much rent to protect in Grants Pass
Median gross rent in Grants Pass is about $1,217 a month. A year of lost rent at that level is roughly $14,604 per unit, a useful yardstick when you choose fair rental value coverage.
Older vs. newer rentals in Grants Pass
With a median year built of 1983, many Grants Pass rentals are reaching the age where original roofs, water heaters, and HVAC units are replaced. Note those dates on your request.
Types of rental property in Grants Pass
About 75% of homes in Grants Pass are single-family, so most local landlords insure one house at a time. A DP-3 form with liability and loss of rents is the usual starting point; our rental property insurance page explains the parts.
Comparing Grants Pass to neighboring cities
Nearby Portland reports 48% renter households and a $581,500 median home value, so proportionally more renters than Grants Pass. In Salem, 44% of occupied homes are rented and the median value is $416,900. Nearby Eugene reports 52% renter households and a $460,400 median home value, so proportionally more renters than Grants Pass. By renter share, Grants Pass is number 10 on our list of 20 Oregon cities. Roughly 10% of homes in Grants Pass are in buildings of five or more units, the point where most owners move to commercial apartment policies.
Storm and hazard considerations in Grants Pass
For rentals in Grants Pass, the hazards that most often shape Oregon landlord coverage include earthquake, excluded unless added by endorsement and heavy rain and water intrusion during winter storms. Ask how your policy handles each, and whether any separate deductible applies.
Hazard themes reflect FEMA’s National Risk Index and NOAA’s Storm Events Database; check the index for your specific county.
What to have ready for a Grants Pass quote
- Prior carrier, expiration date, and five-year loss history
- Lender name for the mortgagee clause
- How much liability and lost rent you want covered
- The Grants Pass address and how many units it has
- Construction year plus the age of the roof
- Lease type and whether the unit is ever empty
- Electrical, plumbing, and heating update years
Request a Grants Pass landlord quote
Questions from Grants Pass rental owners
How many renters live in Grants Pass?
About 43% of occupied homes in Grants Pass, roughly 7,115 households, are renter-occupied according to the 2020–2024 American Community Survey.
Do Grants Pass landlords have to carry insurance?
No Oregon law mandates it for Grants Pass owners, though lenders, HOAs, and property managers commonly require it.
How much does landlord insurance cost in Grants Pass?
It depends on the building, coverage, and deductible. For background, the NAIC reported a 2023 Oregon dwelling-fire average of $886; see our Oregon page for the full table.
More landlord pages near Grants Pass
Landlord insurance in Oregon · Cost by state
Last updated October 15, 2026. Sources and method: how we research.