Landlord insurance typically costs 25% more than standard homeowners insurance. For real estate investors, these rankings show where landlord insurance is cheapest.
| # | State | Landlord | vs Avg |
|---|---|---|---|
| 1 | Hawaii | $756 | -77% |
| 2 | Vermont | $1,250 | -62% |
| 3 | Delaware | $1,313 | -60% |
| 4 | Nevada | $1,500 | -54% |
| 5 | New Hampshire | $1,500 | -54% |
| 6 | Oregon | $1,500 | -54% |
| 7 | Utah | $1,688 | -48% |
| 8 | Alaska | $1,750 | -46% |
| 9 | Maine | $1,750 | -46% |
| 10 | Idaho | $1,875 | -42% |
| 11 | Wisconsin | $1,875 | -42% |
| 12 | New Jersey | $1,938 | -40% |
| 13 | Washington | $1,938 | -40% |
| 14 | West Virginia | $2,000 | -38% |
| 15 | New York | $2,125 | -35% |
| 16 | Wyoming | $2,125 | -35% |
| 17 | Massachusetts | $2,250 | -31% |
| 18 | New Mexico | $2,250 | -31% |
| 19 | Maryland | $2,375 | -27% |
| 20 | Ohio | $2,375 | -27% |
| 21 | Pennsylvania | $2,375 | -27% |
| 22 | California | $2,625 | -19% |
| 23 | North Dakota | $2,625 | -19% |
| 24 | Rhode Island | $2,625 | -19% |
| 25 | Virginia | $2,625 | -19% |
| 26 | Arizona | $2,813 | -13% |
| 27 | Connecticut | $2,813 | -13% |
| 28 | Michigan | $2,875 | -12% |
| 29 | Indiana | $3,000 | -8% |
| 30 | Iowa | $3,000 | -8% |
| 31 | Georgia | $3,125 | -4% |
| 32 | Missouri | $3,250 | 0% |
| 33 | Illinois | $3,375 | +4% |
| 34 | Minnesota | $3,375 | +4% |
| 35 | Tennessee | $3,375 | +4% |
| 36 | South Carolina | $3,500 | +8% |
| 37 | North Carolina | $3,625 | +12% |
| 38 | South Dakota | $3,750 | +15% |
| 39 | Kentucky | $4,000 | +23% |
| 40 | Alabama | $4,250 | +31% |
| 41 | Montana | $4,250 | +31% |
| 42 | Arkansas | $4,750 | +46% |
| 43 | Mississippi | $5,250 | +62% |
| 44 | Colorado | $5,500 | +69% |
| 45 | Kansas | $5,750 | +77% |
| 46 | Texas | $6,000 | +85% |
| 47 | Oklahoma | $6,875 | +112% |
| 48 | Louisiana | $7,625 | +135% |
| 49 | Nebraska | $7,625 | +135% |
| 50 | Florida | $9,875 | +204% |
The top-ranked state, Hawaii, has an average landlord insurance cost of $756/yr, while the bottom of this list sees costs of $9,875/yr — a difference of $9,119/yr.
The average across all states in this ranking is $3,253/yr. Use our state pages for detailed analysis and our calculators to estimate your personal premium based on your specific situation.
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