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Renters insurance costs $14 to $25 per month on average, depending on the insurance company, where you live and how much coverage you buy. Here's a breakdown of. The Cheapest Renters Insurance Companies by State · State Farm is the cheapest renters insurance company in 18 states. · Lemonade and Allstate are tied as runners. The average rental insurance is less than $ a year, or $16 a month, and there are easy ways to compare renters insurance rates. Close up of a sign that says. The average cost of renters insurance premiums is between $15 and $30 per month.2 Prices may increase based on how much liability or personal property coverage. Renters insurance is significantly less expensive than homeowners and typically costs around $ per year. The cost of renters insurance primarily depends on.
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