Renton, WA
Rental property insurance for Renton landlords
Local rental data and insurance guidance for Renton property owners. A quote is not a binder.
Census estimates put Renton's renter-occupied share at 46%, or roughly 18,566 of 40,672 occupied homes. Compared with 36% across Washington, that is above average, and it tells you a lot about the local rental stock owners are insuring.
Renton rental housing by the numbers
| Measure | Renton | Washington |
|---|---|---|
| Renter-occupied homes | 46% (18,566) | 36% |
| Median owner-occupied home value | $672,600 | $564,600 |
| Median gross rent | $1,998/mo | $1,760/mo |
| Median year structure built | 1988 | 1985 |
| Homes in 2–4 unit buildings | 7% | 6% |
| Single-family homes (detached or attached) | 58% | 66% |
Figures from the U.S. Census Bureau (ACS 2020–2024 five-year estimates; 2024 population estimates).
What home values in Renton mean for your dwelling limit
Homes in Renton carry a median value near $672,600 according to the Census, compared with $564,600 statewide. Because land is never rebuilt, many owners find their rebuild estimate differs from that figure in either direction.
For context, the NAIC reported that Washington dwelling-fire policies insuring $600,000 to $699,999 averaged $1,119 a year in 2023, against a statewide dwelling-fire average of $886. Those are owner-occupied dwelling-form figures, not landlord quotes.
Fair rental value coverage for Renton units
Rents in Renton center on about $1,998 monthly, including utilities where tenants pay them. Many owners plan for a year offline after a serious loss, which works out near $23,976 per unit at the median.
How old Renton's housing is, and why it matters
Renton's median home dates to about 1988. Systems are often on their first or second replacement, so roof age and water heater age carry a lot of weight in pricing.
Renton's mix of rental buildings
Renton's housing is mixed: about 58% single-family, 7% in 2–4 unit buildings, and 33% in buildings of five or more units. Dwelling forms fit up to four units; larger buildings need commercial apartment coverage.
Comparing Renton to neighboring cities
Nearby Seattle reports 56% renter households and a $938,600 median home value, so proportionally more renters than Renton. For comparison, Bellevue comes in at 48% rented and $1,340,300 median value, with median rent of $2,572. Nearby Kent reports 43% renter households and a $587,800 median home value, so proportionally fewer renters than Renton. Renton places 13 of 30 profiled Washington cities by share of rented homes. Buildings with five or more units hold about 33% of Renton's homes; those generally need commercial apartment coverage rather than dwelling forms.
Storm and hazard considerations in Renton
Typical Washington property risks such as earthquake, which standard dwelling forms exclude unless added and freezing pipes during cold snaps affect owners in Renton and the rest of King County. Flood and earthquake are excluded from standard dwelling forms and need their own coverage.
Hazard themes reflect FEMA’s National Risk Index and NOAA’s Storm Events Database; check the index for your specific county.
Requesting coverage for a Renton rental
- Street address in Renton and number of units
- When the building went up and when the roof was last replaced
- How it is occupied today, including any vacancy or short-term use
- Dates of wiring, plumbing, and HVAC upgrades
- Your existing policy and recent claims
- Who holds the loan, for the mortgagee clause
- Desired liability limit and loss-of-rents amount
Request a Renton landlord quote
Questions from Renton rental owners
What share of Renton homes are rentals?
About 46% of occupied homes in Renton, roughly 18,566 households, are renter-occupied according to the 2020–2024 American Community Survey.
Is landlord insurance required in Renton?
No Washington law mandates it for Renton owners, though lenders, HOAs, and property managers commonly require it.
How much does landlord insurance cost in Renton?
It depends on the building, coverage, and deductible. For background, the NAIC reported a 2023 Washington dwelling-fire average of $886; see our Washington page for the full table.
More landlord pages near Renton
Landlord insurance in Washington · Cost by state
Last updated October 15, 2026. Sources and method: how we research.