Home Renters insurance Renters insurance cost Average renters insurance cost in Maryland Average renters insurance cost in Maryland Discover the average cost of renters insurance in Maryland and how factors like location and coverage levels can impact your rate. View Carriers Please enter valid zip Compare top carriers in your area Written by Shivani Gite Shivani Gite Shivani Gite is a personal finance and insurance writer with a degree in journalism and mass communication. She is passionate about making insurance topics easy to understand for people and helping them make better financial decisions. | Reviewed by Nupur Gambhir Nupur Gambhir Nupur Gambhir is the editor-in-chief of Insure.com and a licensed life, health and disability insurance agent in New York with seven years of experience covering insurance. Her expertise has been featured in Bloomberg News, Forbes Advisor, CNET, Fortune, Slate, Real Simple, Lifehacker, The Balance, The Financial Gym and MSN. She holds a BA in Economics from The Ohio State University. | Updated on: March 3, 2026 Why you can trust Insure.com Quality Verified At Insure.com, we are committed to providing the timely, accurate and expert information consumers need to make smart insurance decisions. All our content is written and reviewed by industry professionals and insurance experts. Our team carefully vets our rate data to ensure we only provide reliable and up-to-date insurance pricing. We follow the highest editorial standards. Our content is based solely on objective research and data gathering. We maintain strict editorial independence to ensure unbiased coverage of the insurance industry. In Maryland, renters insurance rates depend on factors like your insurer, chosen coverage limits and personal circumstances. On average, renters pay $251 annually or $21 monthly for a policy with $40,000 in personal property coverage, $300,000 in liability protection, and a $1,000 deductible. Key Takeaways The average cost of renters insurance in Maryland is $251 per year or $21 per month.State Farm provides the least expensive renters insurance in Maryland at an average rate of $148 annually.Renters insurance rates can vary significantly among insurance companies. Compare quotes to find the best deal on renters insurance in Maryland. Average renters insurance cost in Maryland per monthThe average cost of renters insurance in Maryland is $21 per month. Your premium may vary depending on your location, the value of your belongings, and the coverage limits you select. It’s recommended that you compare multiple insurance quotes to find the best price.Average renters ins cost per monthDifference compared to national average$21$3 lessPowered by:Average renters insurance cost in Maryland by companyState Farm offers the most affordable renters insurance in Maryland at an average annual rate of $148, followed by Travelers and Erie Insurance, based on our data.However, you should get multiple quotes from various renters insurance companies in Maryland because the prices vary greatly among carriers.Below, we have compared the average annual and monthly renters insurance rates of insurance companies across Maryland.CompanyAverage annual rateAverage monthly rateState Farm$148$12Travelers$174$15Erie Insurance$244$20American Family$303$25Nationwide$312$26Chubb$333$28Allstate$447$37USAA*$150$12*USAA is only available to military community members and their families.Powered by: Renters insurance calculator in Maryland Select your state Maryland Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware Washington, D.C. Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming Personal property coverage Covers your personal belongings, such as your furniture, electronics, clothing, artwork, etc. Choose the amount you believe would cover all of your belongings. $40,000 $20,000 $40,000 $60,000 Liability Covers the medical expenses of people who are hurt while in your home or on your property, as well as damage you caused to others’ property. Also covers legal fees if you are sued by someone hurt in your home or on your property. Limits of $300,000 or $500,000 are recommended. $300,000 $100,000 $300,000 Deductible Choose the amount you want to pay out-of-pocket before insurance kicks in. This applies to your dwelling and personal belongings claims. $1,000 $500 $1,000 Calculate $239/year Estimated renters insurance rates in Maryland $20 Monthly renters insurance cost in Maryland -11% Compared to national average Get quotes Average cost of renters insurance in Maryland by coverage levelOn average, Maryland renters pay $251 each year for insurance for a coverage limit of $40,000 in personal property, $300,000 in liability protection and a $1,000 deductible.Reducing your personal property coverage from $40,000 to $20,000 can lower your renters insurance cost in Maryland to $188 per year. This policy still includes $300,000 in liability protection and a $1,000 deductible. However, you should ensure that $20,000 is adequate coverage for your personal belongings before making this change.Below are the average annual renters insurance costs in Maryland for personal property coverage of $20,000 and $40,000.Coverage levelAverage annual renters insurance rateAverage monthly renters insurance rate$20,000 with $500 Deductible and $100,000 Liability$192$16$20,000 with $500 Deductible and $300,000 Liability$202$17$20,000 with $1,000 Deductible and $100,000 Liability$177$15$20,000 with $1,000 Deductible and $300,000 Liability$188$16$40,000 with $500 Deductible and $100,000 Liability$262$22$40,000 with $500 Deductible and $300,000 Liability$275$23$40,000 with $1,000 Deductible and $100,000 Liability$239$20$40,000 with $1,000 Deductible and $300,000 Liability$251$21$60,000 with $500 Deductible and $100,000 Liability$344$29$60,000 with $500 Deductible and $300,000 Liability$359$30$60,000 with $1,000 Deductible and $100,000 Liability$311$26$60,000 with $1,000 Deductible and $300,000 Liability$327$27Powered by:Average cost of renters insurance in Maryland by cityRenters insurance rates can vary widely between cities. To make finding the right policy easier, we’ve broken down the costs by city. Discover how much renters insurance typically costs in different areas of Maryland.Renters insurance rates in Maryland by citySee rates in your cityBaltimoreFrederickGaithersburgRockvilleAverage cost of renters insurance in Maryland by ZIP codeThe cost of renters insurance in Maryland varies by ZIP code. It’s important to note that the affordability of renters insurance can differ significantly depending on your location.To provide a more comprehensive overview, let’s see some of the most and least affordable ZIP codes for renters insurance in Maryland.Most affordable ZIP codes for renters insurance in MarylandHow much Maryland renters pay for insurance depends on the ZIP code they live in. 20814 is the most affordable ZIP code for renters insurance in Maryland among all the ZIP codes analyzed, at $223 a year on average.Rates vary by ZIP code, so comparing quotes is one of the easiest ways to get the best deal on renters insurance in Maryland.ZIP codeCityAverage annual rateAverage monthly rate20814Bethesda$223$1920815Chevy Chase$224$1920852North Bethesda$225$1920818Cabin John$226$1920896Garrett Park$226$1920812Glen Echo$227$1920895North Kensington$227$1920837Poolesville$227$1920851Rockville$227$1920841Boyds$230$19Powered by: Least affordable ZIP codes for renters insurance in Maryland21862 is the most expensive ZIP code for renters insurance in Maryland, at an average cost of $295 annually or $25 monthly.We’ve gathered and analyzed quotes from major insurance companies across all ZIP codes in Maryland. The table below shows the average annual renters insurance rates by ZIP code.ZIP codeCityAverage annual rateAverage monthly rate21862Showell$295$2521233Baltimore$288$2421836Manokin$288$2421857Rehobeth$287$2421867Upper Fairmount$287$2421866Tylerton$286$2421653Newcomb$284$2421664Secretary$284$2421852Powellville$282$2321656Price$282$24Powered by:Final thoughts: Average renters insurance in MarylandRenters insurance is a must-have for renters in Maryland. It protects your belongings in the event of damage from fire, theft, vandalism or any other natural disasters.To find the best renters insurance at an affordable rate, shop around and compare quotes from multiple insurance companies. In addition to price, consider factors like coverage options, deductibles and customer reviews.Shivani GiteContributing Writer | . .Shivani Gite is a personal finance and insurance writer with a degree in journalism and mass communication. She is passionate about making insurance topics easy to understand for people and helping them make better financial decisions.How much is renters insurance in other statesAlaska$269/YearAlabama$390/YearArkansas$406/YearArizona$275/YearCalifornia$300/YearColorado$224/YearConnecticut$325/YearDelaware$207/YearFlorida$215/YearGeorgia$353/YearHawaii$252/YearIowa$216/YearIdaho$190/YearIllinois$294/YearIndiana$268/YearKansas$254/YearKentucky$209/YearLouisiana$579/YearMassachusetts$229/YearMaine$211/YearMichigan$471/YearMinnesota$218/YearMissouri$249/YearMississippi$429/YearMontana$284/YearNorth Carolina$436/YearNorth Dakota$200/YearNebraska$314/YearNew Hampshire$160/YearNew Jersey$238/YearNew Mexico$195/YearNevada$263/YearNew York$328/YearOhio$255/YearOklahoma$299/YearOregon$295/YearPennsylvania$325/YearRhode Island$560/YearSouth Carolina$314/YearSouth Dakota$208/YearTennessee$309/YearTexas$223/YearUtah$246/YearVirginia$270/YearVermont$181/YearWashington$249/YearWisconsin$185/YearWest Virginia$244/YearWyoming$142/YearShow more states No matches are found You might find interesting Explore related topics Average homeowners insurance cost in MarylandBest and cheapest homeowners insurance companies in MarylandCost of Living in Maryland in 2025How much does condo insurance cost in Maryland in 2025? 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Most Americans don’t 1/1 Related Articles $400K home insurance cost calculator By Zack Sigel Cost of living by state By Chris Kissell Cost of living calculator By Nupur Gambhir How much do claims increase home insurance premiums? By Les Masterson How to file a successful mold claim By Chris Kissell Home and auto insurance bundle: Best companies and rates By Chris Kissell On this page Average renters insurance cost in Maryland per monthAverage renters insurance cost in Maryland by companyAverage cost of renters insurance in Maryland by coverage levelAverage cost of renters insurance in Maryland by cityAverage cost of renters insurance in Maryland by ZIP codeFinal thoughts: Average renters insurance in Maryland ZIP Code Please enter valid ZIP See rates (844) 761-9316