HomeRankingsCheapest Renters Insurance by State (2026)

Cheapest Renters Insurance by State (2026)

Renters insurance is one of the most affordable types of coverage, averaging $350 per year nationally. But in some states, you can get covered for significantly less. These rankings show where renters get the best deal on coverage.

States Listed
50
in this ranking
Avg Renters
$161
for listed states
National Avg
$160
all 50 states
Cheapest
$101
Alaska
#StateRentersRentersAutoLandlordvs Avg
1Alaska$101$101$2,330$1,750-37%
2Maine$101$101$1,517$1,750-37%
3Vermont$102$102$1,359$1,250-36%
4North Dakota$105$105$1,655$2,625-34%
5South Dakota$105$105$1,939$3,750-34%
6Wyoming$105$105$1,581$2,125-34%
7Idaho$120$120$1,425$1,875-25%
8New Hampshire$120$120$1,646$1,500-25%
9Wisconsin$120$120$1,739$1,875-25%
10New York$125$125$3,848$2,125-22%
11Delaware$132$132$2,636$1,313-18%
12Oregon$132$132$1,956$1,500-18%
13Utah$132$132$1,942$1,688-18%
14Washington$132$132$1,674$1,938-18%
15Hawaii$144$144$1,652$756-10%
16Iowa$144$144$1,683$3,000-10%
17Nevada$144$144$3,564$1,500-10%
18Massachusetts$150$150$1,646$2,250-6%
19California$155$155$2,692$2,625-3%
20Indiana$156$156$1,639$3,000-3%
21Minnesota$156$156$2,044$3,375-3%
22Nebraska$156$156$1,994$7,625-3%
23New Mexico$156$156$2,216$2,250-3%
24Ohio$156$156$1,530$2,375-3%
25Pennsylvania$156$156$2,791$2,375-3%
26Virginia$156$156$1,990$2,625-3%
27West Virginia$156$156$1,904$2,000-3%
28Arizona$168$168$2,515$2,813+5%
29Connecticut$168$168$2,187$2,813+5%
30Maryland$168$168$2,496$2,375+5%
31New Jersey$168$168$2,563$1,938+5%
32North Carolina$168$168$1,702$3,625+5%
33Rhode Island$168$168$2,683$2,625+5%
34Colorado$174$174$3,200$5,500+9%
35Illinois$180$180$2,316$3,375+13%
36Kansas$180$180$2,630$5,750+13%
37Kentucky$180$180$2,558$4,000+13%
38Missouri$180$180$2,437$3,250+13%
39Tennessee$180$180$1,807$3,375+13%
40Montana$189$189$2,228$4,250+18%
41Arkansas$192$192$2,193$4,750+20%
42Michigan$192$192$3,375$2,875+20%
43South Carolina$192$192$1,886$3,500+20%
44Alabama$203$203$2,207$4,250+27%
45Oklahoma$204$204$2,560$6,875+27%
46Texas$204$204$2,627$6,000+27%
47Georgia$213$213$2,610$3,125+33%
48Mississippi$223$223$2,061$5,250+39%
49Louisiana$266$266$3,626$7,625+66%
50Florida$276$276$3,950$9,875+73%

Key Takeaways

The top-ranked state, Alaska, has an average renters insurance cost of $101/yr, while the bottom of this list sees costs of $276/yr — a difference of $175/yr.

The average across all states in this ranking is $161/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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