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 an insurance expert and managing editor of Insure.com. She specializes in life and health insurance content, and has experience as a marketing consultant. | Updated on: December 3, 2025 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 $256 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 $256 per year or $21 per month.State Farm provides the least expensive renters insurance in Maryland at an average rate of $147 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 monthIn Maryland, the average cost of renters insurance is $21 per month. However, the exact premiums may vary based on factors like your location, the value of your belongings, and the amount of coverage you choose. It’s always a good idea to compare quotes from multiple insurers to ensure you get the best deal.Average renters ins cost per monthDifference compared to national average$21$1 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 $147, 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$147$12Travelers$169$14Erie Insurance$251$21American Family$288$24Farmers$295$25Chubb Ltd$333$28Nationwide$370$31Allstate$413$34USAA*$147$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 $243/year Estimated renters insurance rates in Maryland $20 Monthly renters insurance cost in Maryland -2% Compared to national average Get quotes Average cost of renters insurance in Maryland by coverage levelThe average annual cost of renters insurance in Maryland is $256, 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 $183 a year for renters insurance in Maryland. Make sure $20,000 is enough to cover your belongings before deciding to adjust your coverage.The table below shows 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$188$16$20,000 with $500 Deductible and $300,000 Liability$200$17$20,000 with $1,000 Deductible and $100,000 Liability$172$14$20,000 with $1,000 Deductible and $300,000 Liability$183$15$40,000 with $500 Deductible and $100,000 Liability$268$22$40,000 with $500 Deductible and $300,000 Liability$282$23$40,000 with $1,000 Deductible and $100,000 Liability$243$20$40,000 with $1,000 Deductible and $300,000 Liability$256$21$60,000 with $500 Deductible and $100,000 Liability$355$30$60,000 with $500 Deductible and $300,000 Liability$370$31$60,000 with $1,000 Deductible and $100,000 Liability$320$27$60,000 with $1,000 Deductible and $300,000 Liability$335$28Powered by:Average cost of renters insurance in Maryland by cityRenters insurance premiums can differ significantly depending on the city. To help you find the best policy for your needs, we’ve compiled a breakdown of average costs by city. Explore the typical renters insurance rates across various locations in Maryland.Renters insurance rates in Maryland by citySee rates in your cityBaltimoreFrederickGaithersburgRockvilleAverage cost of renters insurance in Maryland by ZIP codeIn Maryland, the cost of renters insurance can vary significantly across ZIP codes. Here, we’ll show you the ZIP codes where renters insurance is most affordable and where it costs the most.Most affordable ZIP codes for renters insurance in MarylandThe amount Maryland renters pay for insurance largely depends on their ZIP code. Among all the ZIP codes analyzed, 20852 is the state’s most affordable ZIP for renters insurance, with an average annual premium of $232.Since rates differ by ZIP code, comparing quotes is one of the simplest ways to get the most affordable renters insurance policy in Maryland.ZIP codeCityAverage annual rateAverage monthly rate20852North Bethesda$232$1920814Bethesda$233$1920812Glen Echo$233$1920815Bethesda$233$1920895Chevy Chase View$233$1920851Rockville$234$2020896Garrett Park$235$2020837Poolesville$235$2020816Bethesda$235$2021787Taneytown$235$20Powered 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 $304 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$304$2521842Ocean City$299$2521864Stockton$290$2421841Newark$290$2421863Snow Hill$289$2421851Pocomoke City$289$2421233Baltimore$289$2421829Girdletree$288$2421836Manokin$288$2421867Upper Fairmount$288$24Powered by:Final thoughts: Average renters insurance in MarylandRenters insurance is a must for Maryland renters. It protects personal belongings from damage caused by fire, theft, vandalism and natural disasters, giving renters confidence and peace of mind.Finding the most affordable renters insurance requires shopping around and comparing quotes from multiple insurers. To make an informed choice, consider not just the price but also the 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$257/YearAlabama$324/YearArkansas$363/YearArizona$260/YearCalifornia$271/YearColorado$191/YearConnecticut$292/YearDelaware$181/YearFlorida$248/YearGeorgia$352/YearHawaii$247/YearIowa$203/YearIdaho$184/YearIllinois$246/YearIndiana$269/YearKansas$251/YearKentucky$207/YearLouisiana$504/YearMassachusetts$262/YearMaine$198/YearMichigan$340/YearMinnesota$211/YearMissouri$231/YearMississippi$387/YearMontana$275/YearNorth Carolina$366/YearNorth Dakota$192/YearNebraska$295/YearNew Hampshire$173/YearNew Jersey$207/YearNew Mexico$201/YearNevada$246/YearNew York$293/YearOhio$252/YearOklahoma$281/YearOregon$288/YearPennsylvania$274/YearRhode Island$476/YearSouth Carolina$294/YearSouth Dakota$202/YearTennessee$290/YearTexas$226/YearUtah$204/YearVirginia$235/YearVermont$182/YearWashington$222/YearWisconsin$167/YearWest Virginia$248/YearWyoming$136/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 Renters insurance calculator: How much renters insurance costs by state and city in 2026 By Shivani Gite Mobile home insurance cost and coverage in 2026 By Chris Kissell Homeowners insurance rates by state By Jake Safane Cost of living calculator By Nupur Gambhir How much do claims increase home insurance rates? By Les Masterson Average homeowners insurance cost by ZIP code in 2026 By Barry Eitel 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