Average renters insurance cost in Idaho

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Renters in Idaho pay an average of $190 per year, or $16 per month for renters insurance. This is based on a standard policy covering $40,000 in personal property, $300,000 in liability, and a $1,000 deductible – a reasonable baseline for most renters.

What you actually pay will depend on your coverage amount, which insurer you choose, and personal details like your ZIP code, claims history, and in some states, your credit score.

How much does renters insurance cost in Idaho?

At $16 per month, renters insurance in Idaho is based on a policy with $40,000 in personal property coverage and $300,000 in liability protection. Your premium will shift depending on your location, the coverage limits you set, and the total worth of your possessions. Shopping around and comparing quotes from different insurers is one of the most effective ways to keep costs manageable.

It’s worth remembering that a higher deductible might reduce your monthly premium, while broader coverage for valuables such as electronics or jewelry will increase it. Choose a deductible and coverage level that fits both your budget and replacement needs.

Renters insurance in Idaho: Where to start

On average, renters insurance in Idaho costs $190 per year, or $16 per month
Among all providers in Idaho, State Farm consistently comes in with the lowest average rates – around $139 per year
Because premiums can vary significantly from one insurer to the next, comparing multiple quotes before settling on a policy is always a good idea

Which companies offer the cheapest renters insurance in Idaho?

Among insurers operating in Idaho, State Farm has the lowest average annual premium at $139. American Family and Nationwide are also worth a look if keeping premiums low is a priority.

That said, price alone shouldn’t drive your decision. It’s equally important to weigh coverage limits, deductible options, and any discounts available to you. The table below lays out average annual and monthly rates from various insurers in Idaho.

Company	Average annual rate	Average monthly rate
State Farm	$139	$12
American Family	$210	$18
Nationwide	$256	$21
Farmers	$283	$24
Idaho Farm Bureau	$334	$28
USAA*	$123	$10

*USAA is only available to military community members and their families.

Want a more accurate renters insurance estimate?

Use our calculator to get a personalized renters insurance quote based on your location and coverage needs.

Your final premium may vary depending on the insurer, coverage limits, deductible, claims history, and other rating factors.

Renters insurance calculator in Idaho

$181/year

Estimated renters insurance rates in Idaho

$15

Monthly renters insurance cost in Idaho

-33%

Compared to national average

How much does renters insurance cost by coverage level in Idaho?

The average annual cost of renters insurance in Idaho is $190, with a personal property coverage limit of $40,000, $300,000 in liability coverage and a $1,000 deductible.

However, if you lower your personal property coverage from $40,000 to $20,000, you can expect to pay $138 a year for renters insurance in Idaho. Make sure $20,000 is enough to cover your belongings before deciding to adjust your coverage.

The table below shows average annual renters insurance premiums in Idaho for personal property coverage of $20,000 and $40,000.

Coverage level	Average annual renters insurance rate	Average monthly renters insurance rate
$20,000 with $500 Deductible and $100,000 Liability	$141	$12
$20,000 with $500 Deductible and $300,000 Liability	$150	$13
$20,000 with $1,000 Deductible and $100,000 Liability	$129	$11
$20,000 with $1,000 Deductible and $300,000 Liability	$138	$12
$40,000 with $500 Deductible and $100,000 Liability	$198	$17
$40,000 with $500 Deductible and $300,000 Liability	$208	$17
$40,000 with $1,000 Deductible and $100,000 Liability	$181	$15
$40,000 with $1,000 Deductible and $300,000 Liability	$190	$16
$60,000 with $500 Deductible and $100,000 Liability	$252	$21
$60,000 with $500 Deductible and $300,000 Liability	$262	$22
$60,000 with $1,000 Deductible and $100,000 Liability	$229	$19
$60,000 with $1,000 Deductible and $300,000 Liability	$239	$20

People also ask: How much renters insurance coverage do I need?

Most renters need enough coverage to replace their personal belongings and protect against liability claims. A common starting point is $20,000 to $40,000 in personal property coverage and at least $300,000 in liability protection. That said, the right amount really depends on the value of what you own, any endorsements you might add for higher-value items, and how much risk you’re comfortable carrying yourself.

Renters insurance rates in Idaho by city

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Meridian

How much does renters insurance cost by city in Idaho?

Renters insurance premiums can differ depending on where in Idaho you live. Factors like local crime rates, weather patterns, and the density of the area all play a part in what insurers charge.

Here’s how average renters insurance rates compare across major cities.

Does your ZIP code affect renters insurance rates in Idaho?

Your ZIP code is one of the most significant factors in how insurers price your policy. Areas with higher rates of theft, more frequent weather events, or a greater number of past claims tend to see higher premiums – even for the same level of coverage.

In Idaho, annual rates range from roughly $177 in 83235 to $205 in 83316. Below are the cheapest and most expensive ZIP codes for renters insurance in Idaho.

Why your ZIP code affects renters insurance costs

Insurers use neighborhood-level risk data when calculating your premium, which means rates can differ significantly from one ZIP code to the next.

Key factors include:

Theft and vandalism rates in your area
Exposure to weather risks like hurricanes, wildfires, or flooding
Historical fire claims and local rebuilding costs

Even shifting a few ZIP codes can change what you pay each month.

What are the most affordable ZIP codes for renters insurance in Idaho

83235 has the lowest average annual renters insurance cost at $177.

Areas with fewer theft incidents and lower weather-related claim activity tend to have more affordable premiums overall.

ZIP code	City	Average annual rate	Average monthly rate
83235	Ellis	$177	$15
83226	Challis	$178	$15
83227	Clayton	$178	$15
83422	Driggs	$178	$15
83424	Felt	$178	$15
83251	Mackay	$178	$15
83278	Stanley	$178	$15
83452	Tetonia	$178	$15
83455	Victor	$178	$15
83213	Arco	$179	$15

What are the least affordable ZIP codes for renters insurance in Idaho

At the other end of the spectrum, 83316 has the highest average renters insurance cost in Idaho, at $205 per year or $17 per month.

Below are average annual rates across all ZIP codes in Idaho, based on quotes from major providers.

ZIP code	City	Average annual rate	Average monthly rate
83316	Buhl	$205	$17
83619	Fruitland	$205	$17
83655	New Plymouth	$205	$17
83660	Parma	$205	$17
83661	Payette	$205	$17
83328	Filer	$204	$17
83341	Kimberly	$204	$17
83344	Murtaugh	$204	$17
83302	Rogerson	$204	$17
83301	Twin Falls	$204	$17

How to lower your renters insurance, even in a high-cost ZIP code

Get quotes from at least 3 insurers – rates for identical coverage can differ by $100 or more within the same ZIP code
Bundle your renters and auto insurance to cut 5% to 15% off your premium
Ask about discounts for safety features like smoke detectors, deadbolts, security systems, or smart home devices
Raise your deductible from $500 to $1,000 – this alone can reduce your premium by around 10%
If you haven’t filed a claim in 3 or more years, ask about a claims-free discount

Is renters insurance worth it in Idaho?

For most renters in Idaho, renters insurance is well worth having. It protects your belongings against fire, theft, vandalism, and certain natural disasters, while also providing liability coverage if someone is injured in your home.

According to the US Department of Commerce, the US Census Bureau and American Community Survey â€“ over 48% of renter households in the US spend more than 30% of their income on rent and utilities, which means even smaller ongoing expenses like insurance are worth managing carefully.

Finding the right policy comes down to shopping around. Price matters, but it’s also important to review coverage options, deductibles, and customer satisfaction. Paying slightly more for better coverage can make a real difference when you need to file a claim.

Frequently asked questions

What does renters insurance actually cover?

Renters insurance generally covers three things: your personal belongings, liability protection, and additional living expenses if your home becomes uninhabitable after a covered event. It can help with losses from fire, theft, and vandalism, as well as legal or medical costs if a visitor is injured on your property. Coverage specifics differ by policy, so reviewing your limits and exclusions carefully is important.

Do I really need renters insurance in Idaho?

There’s no universal legal requirement for renters insurance, but the protection it offers is hard to replicate on your own. A single incident – whether it’s a break-in, a fire, or accidental damage – can result in thousands of dollars in losses. Renters insurance covers those costs so you’re not paying out of pocket. It’s also increasingly common for landlords in Idaho to require it as part of the lease agreement.

Sources:

Insurance Information Institute. Facts + statistics: Renters insurance. Accessed May 2026.

How much is renters insurance in other states

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Alisha Ambre

Alisha Ambre holds a Bachelor of Arts with honours in English Literature and Media Studies. She focuses on crafting clear, engaging content that makes complex information feel practical and approachable for everyday readers. When she’s not writing, she’s likely on the volleyball court or immersed in a good video game.