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: June 26, 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. Renters insurance costs in Maryland vary depending on various factors, including the coverage amount, insurance company and individual circumstances. The average cost of renters insurance in Maryland is $256 per year or $21 per month for a coverage limit of $40,000 for personal property coverage, $300,000 in liability coverage and a $1000 deductible. These are average rates, and actual premiums may differ. 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 lessAverage 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 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 levelOn average, Maryland renters pay $256 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 $183 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$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$28Average 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 vary from one city to another. But with Insure.com, finding the right renters insurance policy is easy. Learn more about renters insurance costs for different cities below. Renters insurance rates in Maryland by cityBaltimoreBowieFrederickGaithersburgRockvilleAverage cost of renters insurance in Maryland by ZIP codeRenters insurance costs in Maryland vary by ZIP code. Below, we’ll cover which ZIP codes have the most affordable coverage and which areas have the highest premiums.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$20Least affordable ZIP codes for renters insurance in MarylandYour ZIP code, among other factors, affects how much you pay for renters insurance in Maryland. 21862 is the least affordable ZIP code for Maryland renters at an average cost of $304 a year or $25 monthly.We have analyzed quotes from the major insurance carriers across all the ZIP codes in Maryland. Below are the average annual renters insurance costs 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$24 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.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 Explore other insurance options in Maryland Average homeowners insurance cost in Maryland Average car insurance cost in Maryland Non-owner auto insurance in Maryland Shivani GiteContributing Writer | . .Shivani Gite is a personal finance and insurance writer with a degree in journalism and mass communication. 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Most Americans don’t 1/1 Related Articles Do I have to pay homeowners insurance through escrow? By Kat Tretina Cost of living calculator By Nupur Gambhir $400K home insurance cost calculator By Zack Sigel Hurricane season is here: What to know to protect your home By Maryalene LaPonsie Cost of living comparison by state By Chris Kissell Renters insurance calculator: How much renters insurance costs by state and city in 2025 By Shivani Gite 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