Killeen, TX
Rental property insurance for Killeen landlords
Coverage for rental homes and 2–4 unit buildings in Killeen, with local Census housing data. A quote is not a binder.
Census estimates put Killeen's renter-occupied share at 51%, or roughly 30,211 of 59,769 occupied homes. Compared with 37% across Texas, that is above average, and it tells you a lot about the local rental stock owners are insuring.
Census snapshot: Killeen housing
| Measure | Killeen | Texas |
|---|---|---|
| Renter-occupied homes | 51% (30,211) | 37% |
| Median owner-occupied home value | $215,400 | $283,800 |
| Median gross rent | $1,208/mo | $1,403/mo |
| Median year structure built | 1996 | 1992 |
| Homes in 2–4 unit buildings | 16% | 5% |
| Single-family homes (detached or attached) | 65% | 67% |
Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (tables B25003, B25077, B25064, B25035, B25024), retrieved via Census Reporter; population from U.S. Census Bureau, Vintage 2024 population estimates.
Setting coverage on a Killeen rental
The median owner-occupied home in Killeen is valued at about $215,400, lower than the Texas median of $283,800. Market value includes land, so it is only a starting point: your dwelling limit should reflect what it would cost to rebuild the structure.
For context, the NAIC reported that Texas dwelling-fire policies insuring $200,000 to $224,999 averaged $1,625 a year in 2023, against a statewide dwelling-fire average of $1,226. Those are owner-occupied dwelling-form figures, not landlord quotes.
Loss-of-rents planning in Killeen
With median gross rent near $1,208 per month, twelve months of interrupted income in Killeen comes to about $14,496 for a single unit. Multiply by your unit count when you size loss-of-rents coverage.
Construction era of Killeen rentals
With a median year built of 1996, many Killeen rentals are reaching the age where original roofs, water heaters, and HVAC units are replaced. Note those dates on your request.
Single-family, small multi-unit, and apartments in Killeen
Small multi-family buildings are a real part of Killeen's housing at roughly 16% of units. If you own a duplex, triplex, or fourplex here, read our guide to 2–4 unit buildings.
Killeen next to other Texas rental cities
For comparison, Houston comes in at 58% rented and $277,800 median value, with median rent of $1,361. San Antonio has a renter share of 48% with homes valued around $235,700 at the median. Dallas has a renter share of 58% with homes valued around $320,700 at the median. Killeen places 8 of 30 profiled Texas cities by share of rented homes. Roughly 15% of homes in Killeen are in buildings of five or more units, the point where most owners move to commercial apartment policies.
Weather and property risks for Killeen rentals
For rentals in Killeen, the hazards that most often shape Texas landlord coverage include flash and coastal flooding, which needs separate flood coverage and hail, especially across North and Central Texas. 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.
Your Killeen quote checklist
- Dates of wiring, plumbing, and HVAC upgrades
- Your existing policy and recent claims
- Who holds the loan, for the mortgagee clause
- How much liability and lost rent you want covered
- Property location in Killeen and unit count
- Year built and roof age
- Occupancy: long-term lease, month-to-month, short-term, or vacant
Request a Killeen landlord quote
Killeen landlord insurance questions
What share of Killeen homes are rentals?
About 51% of occupied homes in Killeen, roughly 30,211 households, are renter-occupied according to the 2020–2024 American Community Survey.
Do Killeen landlords have to carry insurance?
Not by statute. In practice, a Killeen rental with a mortgage will need property coverage, and associations or managers often insist on liability limits.
How much does landlord insurance cost in Killeen?
It depends on the building, coverage, and deductible. For background, the NAIC reported a 2023 Texas dwelling-fire average of $1,226; see our Texas page for the full table.
More landlord pages near Killeen
Landlord insurance in Texas · Cost by state
Last updated October 15, 2026. Sources and method: how we research.