Home Renters insurance Renters insurance cost Average renters insurance cost in New York Average renters insurance cost in New York Discover the average cost of renters insurance in New York 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 onMay 14, 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 New York vary depending on various factors, including the coverage amount, insurance company and individual circumstances. The average cost of renters insurance in New York is $328 per year or $27 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 New York is $328 per year or $27 per month.State Farm provides the least expensive renters insurance in New York at an average rate of $125 annually.Renters insurance rates can vary significantly among insurance companies. Compare quotes to find the best deal on renters insurance in New York. Average renters insurance cost in New York per monthIn New York, the average monthly cost of renters insurance is $27. However, premiums can differ depending on factors such as your rental’s location, the value of your personal belongings and the level of coverage you select. Experts recommend comparing quotes from different insurance companies to find the best deal.Average renters ins cost per monthDifference compared to national average$27$3 morePowered by:Average renters insurance cost in New York by companyState Farm offers the most affordable renters insurance in New York at an average annual rate of $125, followed by Allstate and NYCM Insurance, based on our data.However, you should get multiple quotes from various renters insurance companies in New York because the prices vary greatly among carriers.Below, we have compared the average annual and monthly renters insurance rates of insurance companies across New York.CompanyAverage annual rateAverage monthly rateState Farm$125$10Allstate$190$16NYCM Insurance$203$17Nationwide$221$18Travelers$228$19American Family$267$22Chubb$315$26Farmers$324$27Heritage Insurance Holdings$344$29AIG$1,460$122USAA*$298$25*USAA is only available to military community members and their families.Powered by: Renters insurance calculator in New York Select your state New York 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 $311/year Estimated renters insurance rates in New York $26 Monthly renters insurance cost in New York 15% Compared to national average Get quotes Average cost of renters insurance in New York by coverage levelAs we discussed above, the average cost of renters insurance in New York is $328 per year. These rates are for a coverage level of $40,000 for personal property coverage, $300,000 in liability coverage and a $1000 deductible.However, if you lower the personal property coverage from $40,000 to $20,000, you will pay $247 per year for renters insurance in New York, which provides $300,000 in liability protection with a $1000 deductible.Below are the average renters insurance costs in New York for personal property coverage amounts 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$244$20$20,000 with $500 Deductible and $300,000 Liability$261$22$20,000 with $1,000 Deductible and $100,000 Liability$230$19$20,000 with $1,000 Deductible and $300,000 Liability$247$21$40,000 with $500 Deductible and $100,000 Liability$331$28$40,000 with $500 Deductible and $300,000 Liability$349$29$40,000 with $1,000 Deductible and $100,000 Liability$311$26$40,000 with $1,000 Deductible and $300,000 Liability$328$27$60,000 with $500 Deductible and $100,000 Liability$424$35$60,000 with $500 Deductible and $300,000 Liability$443$37$60,000 with $1,000 Deductible and $100,000 Liability$396$33$60,000 with $1,000 Deductible and $300,000 Liability$415$35Powered by:Average cost of renters insurance in New York 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 New York.Renters insurance rates in New York by citySee rates in your cityNew YorkAverage cost of renters insurance in New York by ZIP codeThe cost of renters insurance in New York 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 New York.Most affordable ZIP codes for renters insurance in New YorkIn New York, your ZIP code plays a major role in determining your premiums. Based on our data, 14466 is the most affordable ZIP code for renters insurance, with an average annual cost of $284.Comparing quotes from multiple insurers in New York is a smart way to find the best renters insurance rates for your ZIP code.ZIP codeCityAverage annual rateAverage monthly rate14466Hemlock$284$2414453Fishers$285$2414485Lima$285$2414487Livonia$285$2414488Livonia Center$285$2414520Ontario Center$285$2414558South Lima$285$2414411Albion$286$2414414Avon$286$2414469Bloomfield$286$24Powered by:Least affordable ZIP codes for renters insurance in New York11230 is the most expensive ZIP code for renters insurance in New York, at an average cost of $515 annually or $43 monthly.We’ve gathered and analyzed quotes from major insurance companies across all ZIP codes in New York. The table below shows the average annual renters insurance rates by ZIP code.ZIP codeCityAverage annual rateAverage monthly rate11230New York$515$4311252Brooklyn$511$4311968North Sea$461$3811932Bridgehampton$458$3811752Islip Terrace$458$3811976Water Mill$458$3811751Islip$457$3811954Montauk$457$3811770Ocean Beach$457$3811706Bay Shore$455$38Powered by:Final thoughts: Average renters insurance in New YorkRenters insurance is essential for residents of New York. It safeguards possessions against damage from fire, theft, vandalism, and natural disasters, ensuring protection in unforeseen circumstances.To get the best renters insurance at an affordable price, shop around and compare quotes from various insurance carriers. In addition to insurance premiums, consider factors such as coverage options, deductibles, and customer reviews to make an informed decision.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/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/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 New YorkBest and cheapest homeowners insurance companies in New YorkHow much does condo insurance cost in New York in 2025?New York homeowners insurance calculatorBest and cheapest companies for home and auto bundles in New York Explore other insurance options in New York Best and cheapest companies for home and auto bundles in New York Average car insurance cost in New York Non-owner auto insurance in New York In case you missed it What is HO-6 condo insurance and how much does it cost? 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Best companies, discounts, and rates By Alisha Ambre How to find a homeowners insurance policy By Shivani Gite Cost of living by state By Chris Kissell Cost of living calculator By Nupur Gambhir How to bundle home and auto insurance policies to save money By Alisha Ambre On this page Average renters insurance cost in New York per monthAverage renters insurance cost in New York by companyAverage cost of renters insurance in New York by coverage levelAverage cost of renters insurance in New York by cityAverage cost of renters insurance in New York by ZIP codeFinal thoughts: Average renters insurance in New York ZIP Code Please enter valid ZIP See rates (844) 761-9316