22 states with the lowest premiums for renters insurance

Complimentary Access Pill
Enjoy complimentary access to top ideas and insights — selected by our editors.
Want unlimited access to top ideas and insights? Subscribe Now

The least expensive five states in the ranking have an average annual cost for renters insurance of $103.80, well below the average across all states of $148 per year, based on a policy for a 30-year-old tenant with $30,000 in personal property coverage, $100,000 in liability coverage and a $500 deductible.

Scroll through to see the least expensive 22 states and their average annual and monthly insurance premiums for renters.

Source: NerdWallet

Digital Insurance_cheapest states for renters insurance_West Virginia_22.jpg
Digital Insurance_cheapest states for renters insurance_Massachusetts_21.jpg
Digital Insurance_cheapest states for renters insurance_Michigan_20.jpg
Digital Insurance_cheapest states for renters insurance_Nebraska_19.jpg
Digital Insurance_cheapest states for renters insurance_New Jersey_18.jpg
Digital Insurance_cheapest states for renters insurance_Colorado_17.jpg
Digital Insurance_cheapest states for renters insurance_Utah_16.jpg
Digital Insurance_cheapest states for renters insurance_South Dakota_15.jpg
Digital Insurance_cheapest states for renters insurance_Idaho_14.jpg
Digital Insurance_cheapest states for renters insurance_Washington_13.jpg
Digital Insurance_cheapest states for renters insurance_Virginia_12.jpg
Digital Insurance_cheapest states for renters insurance_Minnesota_11.jpg
Digital Insurance_cheapest states for renters insurance_Pennsylvania_10.jpg
Digital Insurance_cheapest states for renters insurance_Ohio_9.jpg
Digital Insurance_cheapest states for renters insurance_Maine_8.jpg
Digital Insurance_cheapest states for renters insurance_North Dakota_7.jpg
Digital Insurance_cheapest states for renters insurance_New Hampshire_6.jpg
Digital Insurance_cheapest states for renters insurance_Vermont_5.jpg
Digital Insurance_cheapest states for renters insurance_Iowa_4.jpg
Digital Insurance_cheapest states for renters insurance_Wisconsin_3.jpg
Digital Insurance_cheapest states for renters insurance_Alaska_2.jpg
Digital Insurance_cheapest states for renters insurance_Wyoming_1.jpg