How Much Does Renters Insurance Cost?
Updated for 2024-2025 — national average costs with state-by-state breakdowns
Low End
$10
Average
$20
High End
$35
per month
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What Does Renters Insurance Include?
Protects belongings, provides liability coverage, and covers additional living expenses.
The national average cost for renters insurance is $20 per month. Most homeowners pay between $10 and $35, though costs can vary significantly based on your location, the scope of work, and other factors outlined below.
What Affects the Price?
Coverage
$20K: $10-$15/mo; $50K: $20-$35/mo
Location
High-crime adds 50-100%
Deductible
$500 vs $1,000 saves $3-$8/mo
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Key Cost Factors
- ✓Coverage amount
- ✓Deductible
- ✓Location
- ✓Building type
- ✓Property value
💡 Tips to Save Money
- 1.Bundle with auto for 10-20% discount
- 2.Increase deductible to $1,000
- 3.Create home inventory
- 4.Actual cash value is cheaper
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📈 Renters Insurance Cost Trends (2020–2024)
Prices have increased +25.0% over the last 5 years
$16
2020
$17
2021
$18
2022
$19
2023
$20
2024
| Year | National Avg | YoY Change |
|---|---|---|
| 2020 | $16 | — |
| 2021 | $17 | +6.3% |
| 2022 | $18 | +5.9% |
| 2023 | $19 | +5.6% |
| 2024 | $20 | +5.3% |
Based on national averages adjusted for annual inflation. Actual costs vary by location and project scope.
Renters Insurance Cost by State
Costs vary significantly by state due to labor rates, cost of living, and local market conditions. Click any state for a detailed breakdown.
| State | Low | Average | High |
|---|---|---|---|
| Alabama | $8 | $16 | $29 |
| Alaska | $13 | $26 | $45 |
| Arizona | $10 | $19 | $33 |
| Arkansas | $8 | $16 | $28 |
| California | $14 | $27 | $47 |
| Colorado | $11 | $22 | $38 |
| Connecticut | $12 | $24 | $43 |
| Delaware | $11 | $21 | $37 |
| Florida | $10 | $20 | $34 |
| Georgia | $9 | $18 | $32 |
| Hawaii | $14 | $28 | $50 |
| Idaho | $9 | $18 | $32 |
| Illinois | $11 | $21 | $37 |
| Indiana | $9 | $18 | $31 |
| Iowa | $9 | $17 | $30 |
| Kansas | $9 | $17 | $30 |
| Kentucky | $8 | $17 | $29 |
| Louisiana | $9 | $17 | $30 |
| Maine | $10 | $20 | $36 |
| Maryland | $12 | $23 | $40 |
| Massachusetts | $13 | $26 | $46 |
| Michigan | $9 | $18 | $32 |
| Minnesota | $10 | $20 | $36 |
| Mississippi | $8 | $16 | $27 |
| Missouri | $9 | $17 | $30 |
| Montana | $10 | $19 | $33 |
| Nebraska | $9 | $18 | $31 |
| Nevada | $10 | $20 | $36 |
| New Hampshire | $11 | $22 | $39 |
| New Jersey | $13 | $25 | $44 |
| New Mexico | $9 | $18 | $32 |
| New York | $13 | $26 | $46 |
| North Carolina | $9 | $18 | $32 |
| North Dakota | $9 | $18 | $32 |
| Ohio | $9 | $18 | $32 |
| Oklahoma | $8 | $17 | $29 |
| Oregon | $11 | $22 | $39 |
| Pennsylvania | $10 | $20 | $36 |
| Rhode Island | $12 | $23 | $40 |
| South Carolina | $9 | $17 | $30 |
| South Dakota | $9 | $17 | $30 |
| Tennessee | $9 | $17 | $30 |
| Texas | $9 | $19 | $33 |
| Utah | $10 | $19 | $33 |
| Vermont | $11 | $22 | $38 |
| Virginia | $11 | $21 | $37 |
| Washington | $12 | $23 | $40 |
| West Virginia | $8 | $16 | $28 |
| Wisconsin | $9 | $19 | $33 |
| Wyoming | $9 | $18 | $32 |
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Frequently Asked Questions
How much?
$15-$30/month on average.
What is covered?
Personal property, liability, additional living expenses.
🏙️ Renters Insurance Cost by City
Compare renters insurance costs in the most popular US cities:
New York City
NY
$29
Los Angeles
CA
$28
Chicago
IL
$23
Houston
TX
$19
Phoenix
AZ
$20
Philadelphia
PA
$22
San Antonio
TX
$18
San Diego
CA
$26
Dallas
TX
$20
San Jose
CA
$30
Austin
TX
$21
Jacksonville
FL
$18
Fort Worth
TX
$19
Columbus
OH
$18
Charlotte
NC
$19
Indianapolis
IN
$18
View all 219 cities →
San Francisco, CA
$31
Seattle, WA
$26
Denver, CO
$23
Washington D.C., DC
$27
Nashville, TN
$20
Oklahoma City, OK
$16
El Paso, TX
$16
Boston, MA
$28
Portland, OR
$24
Las Vegas, NV
$20
Memphis, TN
$16
Louisville, KY
$17
Baltimore, MD
$22
Milwaukee, WI
$18
Albuquerque, NM
$18
Tucson, AZ
$18
Fresno, CA
$21
Sacramento, CA
$24
Mesa, AZ
$19
Kansas City, MO
$18
Atlanta, GA
$21
Omaha, NE
$18
Colorado Springs, CO
$20
Raleigh, NC
$20
Long Beach, CA
$27
Virginia Beach, VA
$21
Miami, FL
$24
Oakland, CA
$29
Minneapolis, MN
$22
Tampa, FL
$20
Tulsa, OK
$16
Arlington, TX
$19
New Orleans, LA
$19
Pittsburgh, PA
$19
St. Louis, MO
$18
Bakersfield, CA
$20
Anaheim, CA
$27
Honolulu, HI
$30
Santa Ana, CA
$26
Riverside, CA
$23
Corpus Christi, TX
$17
Lexington, KY
$18
Stockton, CA
$22
Henderson, NV
$20
St. Paul, MN
$21
Cincinnati, OH
$18
Anchorage, AK
$26
Greensboro, NC
$18
Plano, TX
$21
Newark, NJ
$25
Lincoln, NE
$17
Orlando, FL
$20
Irvine, CA
$28
Durham, NC
$19
Chula Vista, CA
$26
Toledo, OH
$16
Fort Wayne, IN
$16
Jersey City, NJ
$27
St. Petersburg, FL
$20
Laredo, TX
$16
Madison, WI
$20
Chandler, AZ
$20
Buffalo, NY
$18
Lubbock, TX
$16
Scottsdale, AZ
$22
Reno, NV
$21
Glendale, AZ
$19
Gilbert, AZ
$20
Winston-Salem, NC
$17
North Las Vegas, NV
$20
Norfolk, VA
$20
Chesapeake, VA
$20
Irving, TX
$20
Fremont, CA
$29
Richmond, VA
$20
Boise, ID
$20
San Bernardino, CA
$22
Spokane, WA
$19
Des Moines, IA
$17
Tacoma, WA
$23
Modesto, CA
$21
Fontana, CA
$22
Moreno Valley, CA
$22
Fayetteville, NC
$17
Birmingham, AL
$16
Rochester, NY
$18
Salt Lake City, UT
$21
Oxnard, CA
$24
Knoxville, TN
$17
Worcester, MA
$23
Brownsville, TX
$16
Grand Rapids, MI
$18
Newport News, VA
$19
Huntsville, AL
$17
Amarillo, TX
$16
Little Rock, AR
$16
Montgomery, AL
$16
Akron, OH
$16
Augusta, GA
$16
Baton Rouge, LA
$17
Mobile, AL
$16
Shreveport, LA
$16
Tallahassee, FL
$18
Hartford, CT
$23
Providence, RI
$22
Charleston, SC
$20
Savannah, GA
$18
Columbia, SC
$17
Chattanooga, TN
$17
Fort Lauderdale, FL
$24
Dayton, OH
$16
Sioux Falls, SD
$17
Springfield, MO
$16
Jackson, MS
$16
Palm Bay, FL
$19
Lakeland, FL
$18
Cape Coral, FL
$20
Pensacola, FL
$18
Port St. Lucie, FL
$20
Naperville, IL
$23
Tempe, AZ
$20
Overland Park, KS
$19
McKinney, TX
$20
Frisco, TX
$21
Cary, NC
$20
Clarksville, TN
$17
Cedar Rapids, IA
$16
Peoria, AZ
$20
Surprise, AZ
$19
Denton, TX
$20
Roseville, CA
$23
Gainesville, FL
$18
Bellevue, WA
$28
Murfreesboro, TN
$18
Round Rock, TX
$20
Columbia, MD
$23
Boulder, CO
$25
Ann Arbor, MI
$22
Santa Fe, NM
$21
Wilmington, NC
$18
Greenville, SC
$18
Fargo, ND
$17
Provo, UT
$20
Duluth, MN
$18
Billings, MT
$18
Missoula, MT
$20
Cheyenne, WY
$18
Burlington, VT
$22
Portland, ME
$22
Concord, NH
$21
Bismarck, ND
$17
Rapid City, SD
$17
Casper, WY
$18
Bangor, ME
$19
Charleston, WV
$16
Dover, DE
$20
Manchester, NH
$22
Bridgeport, CT
$24
Stamford, CT
$27
Wichita, KS
$16
Topeka, KS
$16
Springfield, IL
$17
Rockford, IL
$17
Erie, PA
$16
Scranton, PA
$17
Flint, MI
$16
Lansing, MI
$17
Syracuse, NY
$18
Albany, NY
$19
Eugene, OR
$21
Salem, OR
$20
Fort Collins, CO
$22
Pueblo, CO
$17
Aurora, CO
$22
Santa Barbara, CA
$28
Santa Rosa, CA
$26
Pasadena, CA
$28
Visalia, CA
$20
Pomona, CA
$24
Myrtle Beach, SC
$18
Daytona Beach, FL
$18
Sarasota, FL
$21
Naples, FL
$24
Ocala, FL
$17
Athens, GA
$17
Macon, GA
$16
Lexington, SC
$17
Asheville, NC
$20
Flagstaff, AZ
$22
Rochester, NY
$18
New Haven, CT
$22
Manchester, NH
$21
Augusta, GA
$16
Fort Myers, FL
$20
Wilmington, NC
$19
Arlington, VA
$26
Green Bay, WI
$17
South Bend, IN
$16
Bend, OR
$22
Bellingham, WA
$22
Midland, TX
$19
Waco, TX
$16
Newark, NJ
$24
💬 What Did You Pay?
Real costs reported by homeowners for Renters Insurance
$20
Avg Reported
$14
Lowest Reported
$29
Highest Reported
Recent Reports
$17
Dallas, TX · Jan 2024
★★★★☆
$20
Chicago, IL · Feb 2024
★★★★★
$17
Phoenix, AZ · Mar 2024
★★★★★
$19
Denver, CO · Apr 2024
★★★★★
$20
Atlanta, GA · May 2024
★★★★☆
$23
Seattle, WA · Jun 2024
★★★☆☆
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