Home Renters insurance Renters insurance cost Average renters insurance cost in Minnesota Average renters insurance cost in Minnesota Discover the average cost of renters insurance in Minnesota 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 GiteShivani GiteShivani 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.VIEW FULL PROFILE | Reviewed by Nupur GambhirNupur GambhirEditor-in-ChiefNupur 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.VIEW FULL PROFILESee moreSee less | Updated onApril 9, 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. Renters insurance costs in Minnesota vary depending on your coverage level, insurance provider, and personal circumstances. On average, renters in Minnesota pay $218 per year or $18 per month for a policy that includes $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 Minnesota is $218 per year or $18 per month.Auto Club Group – ACG (AAA) provides the least expensive renters insurance in Minnesota at an average rate of $116 annually.Renters insurance rates can vary significantly among insurance companies. Compare quotes to find the best deal on renters insurance in Minnesota. Average renters insurance cost in Minnesota per monthIn Minnesota, the average cost of renters insurance is $18 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$18$6 lessPowered by:Average renters insurance cost in Minnesota by companyAccording to our data, Auto Club Group – ACG (AAA) provides the most affordable renters insurance in Minnesota, with an average annual rate of $116, followed by State Farm and Secura Insurance.Getting quotes from multiple renters insurance companies in Minnesota is a good idea, as prices can differ significantly among insurers.Below, you can find average annual and monthly renters insurance rates from various companies in Minnesota.CompanyAverage annual rateAverage monthly rateAuto Club Group – ACG (AAA)$116$10State Farm$145$12Secura Insurance$168$14Allstate$174$15Auto-Owners$205$17North Star Mutual$229$19American Family$292$24Farmers$312$26Country Financial$319$27Powered by: Renters insurance calculator in Minnesota Select your state Minnesota 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 $210/year Estimated renters insurance rates in Minnesota $18 Monthly renters insurance cost in Minnesota -22% Compared to national average Get quotes Average cost of renters insurance in Minnesota by coverage levelThe average annual cost of renters insurance in Minnesota is $218, 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 $164 a year for renters insurance in Minnesota. 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 Minnesota 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$170$14$20,000 with $500 Deductible and $300,000 Liability$177$15$20,000 with $1,000 Deductible and $100,000 Liability$157$13$20,000 with $1,000 Deductible and $300,000 Liability$164$14$40,000 with $500 Deductible and $100,000 Liability$229$19$40,000 with $500 Deductible and $300,000 Liability$237$20$40,000 with $1,000 Deductible and $100,000 Liability$210$18$40,000 with $1,000 Deductible and $300,000 Liability$218$18$60,000 with $500 Deductible and $100,000 Liability$288$24$60,000 with $500 Deductible and $300,000 Liability$296$25$60,000 with $1,000 Deductible and $100,000 Liability$264$22$60,000 with $1,000 Deductible and $300,000 Liability$272$23Powered by:Average cost of renters insurance in Minnesota 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 Minnesota.Renters insurance rates in Minnesota by citySee rates in your cityDuluthMinneapolisRochesterSt. PaulAverage cost of renters insurance in Minnesota by ZIP codeRenters insurance costs in Minnesota 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 MinnesotaThe amount Minnesota renters pay for insurance largely depends on their ZIP code. Among all the ZIP codes analyzed, 56325 is the state’s most affordable ZIP for renters insurance, with an average annual premium of $200.Since rates differ by ZIP code, comparing quotes is one of the simplest ways to get the most affordable renters insurance policy in Minnesota.ZIP codeCityAverage annual rateAverage monthly rate56325Elrosa$200$1756352Melrose$200$1756316Brooten$201$1756378Sauk Centre$201$1756312Belgrade$202$1756520Breckenridge$202$1756529Dilworth$202$1756446Eagle Bend$202$1755335Gibbon$202$1756549Hawley$202$17Powered by:Least affordable ZIP codes for renters insurance in Minnesota55439 is the most expensive ZIP code for renters insurance in Minnesota, at an average cost of $248 annually or $21 monthly.We’ve gathered and analyzed quotes from major insurance companies across all ZIP codes in Minnesota. The table below shows the average annual renters insurance rates by ZIP code.ZIP codeCityAverage annual rateAverage monthly rate55439Edina$248$2155455Minneapolis$248$2155416St. Louis Park$248$2155438Bloomington$246$2055430Brooklyn Center$246$2055445Brooklyn Park$246$2055427Golden Valley$246$2055428New Hope$246$2055447Plymouth$246$2055423Richfield$246$20Powered by:Final thoughts: Average renters insurance in MinnesotaRenters insurance is a must-have for renters in Minnesota. 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/YearMaryland$251/YearMaine$211/YearMichigan$471/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 MinnesotaBest and cheapest homeowners insurance companies in MinnesotaCost of Living in Minnesota in 2025How much does condo insurance cost in Minnesota in 2025?Minnesota homeowners insurance calculator Explore other insurance options in Minnesota Average homeowners insurance cost in Minnesota Average car insurance cost in Minnesota Non-owner car insurance in Minnesota In case you missed it What is HO-6 condo insurance and how much does it cost? 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By Les Masterson $400K home insurance cost calculator By Zack Sigel Highest cost of living states in the U.S. By Tonya Sisler Homeowners insurance rates by state: See how your state compares in 2026 By Alisha Ambre Average homeowners insurance cost by ZIP code in 2026 By Barry Eitel On this page Average renters insurance cost in Minnesota per monthAverage renters insurance cost in Minnesota by companyAverage cost of renters insurance in Minnesota by coverage levelAverage cost of renters insurance in Minnesota by cityAverage cost of renters insurance in Minnesota by ZIP codeFinal thoughts: Average renters insurance in Minnesota ZIP Code Please enter valid ZIP See rates (844) 761-9316