How Much Does Renters Insurance Cost in Fargo, ND?
Fargo pricing is 15% below the national average. Updated for 2026.
Based on local labor rates, varied climate conditions, and Fargo's diversified economy.See our methodology
Renters Insurance Pricing in Fargo, ND
Fargo is one of the more affordable markets for renters insurance, with costs running about 15% below the national average. The city's diversified economy and balanced labor market create favorable conditions for competitive pricing. Getting multiple quotes from the 125K-population metro area is straightforward.
Local climate plays a direct role in renters insurance costs here. Harsh winters and hot summers mean year-round service needs; freeze-thaw cycles affect foundations.
Market-specific factors matter in Fargo: moderate cost of living keeps contractor rates affordable.
Fargo has moderate permitting requirements. Depending on the scope of your renters insurance project, you may need local permits. A licensed contractor will handle the permitting process as part of the job in most cases.
Fargo vs National Average
What Affects Renters Insurance Cost in Fargo?
Coverage
$20K: $10-$15/mo; $50K: $20-$35/mo
Location
High-crime adds 50-100%
Deductible
$500 vs $1,000 saves $3-$8/mo
Fargo Market Conditions
moderate cost of living keeps contractor rates affordable
Local Climate Impact
harsh winters and hot summers mean year-round service needs; freeze-thaw cycles affect foundations
📐 Renters Insurance in Fargo Cost Calculator
Get a personalized estimate based on your project details
Compare Insurance Rates
See how much you could save with free quotes from top carriers.
Top-Rated Renters Insurance Pros in Fargo, ND
3 providersElite Restoration
🏆 SPONSOREDServing Fargo and surrounding areas since 1989. Licensed, insured, and committed to quality workmanship at fair prices.
Premier HVAC Solutions
⭐ PREMIUMServing Fargo and surrounding areas since 1999. Licensed, insured, and committed to quality workmanship at fair prices.
Patriot Electrical
✅ VERIFIEDAre You a Renters Insurance Professional?
Get listed on CostWhale and reach thousands of customers searching for renters insurance in Fargo, ND.
🔍 Compare Insurance Rates
See how much you could save. Compare quotes from top insurance companies in minutes.
* CostWhale may earn a commission. This doesn't affect our pricing data or recommendations.
Tips to Save on Renters Insurance in Fargo
- 1.Bundle with auto for 10-20% discount
- 2.Increase deductible to $1,000
- 3.Create home inventory
- 4.Actual cash value is cheaper
📈 Renters Insurance in Fargo Cost Trends (2020–2024)
Prices have increased +21.4% over the last 5 years
| Year | National Avg | YoY Change |
|---|---|---|
| 2020 | $14 | — |
| 2021 | $15 | +7.1% |
| 2022 | $16 | +6.7% |
| 2023 | $16 | +0.0% |
| 2024 | $17 | +6.3% |
Based on national averages adjusted for annual inflation. Actual costs vary by location and project scope.
💬 What Did You Pay?
Real costs reported by homeowners for Renters Insurance in Fargo
Recent Reports
Frequently Asked Questions
How much?
$15-$30/month on average.
What is covered?
Personal property, liability, additional living expenses.
Why does renters insurance cost different in Fargo than other cities?
Fargo's costs reflect local labor rates driven by the diversified economy, varied climate conditions that affect materials and scheduling, and moderate permitting requirements. The balanced labor market also influences competitive pricing.
Renters Insurance Cost in Nearby Cities
Popular Services in Fargo
💰 Get Weekly Cost-Saving Tips
Join 10,000+ smart homeowners. Unsubscribe anytime.