Average renters insurance cost in Oklahoma

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. For a deeper dive into our process, see our complete methodology. 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 in Oklahoma costs an average of $299 per year, or $25 per month. That’s for a standard policy with $40,000 in personal property coverage, $300,000 in liability protection, and a $1,000 deductible – a solid starting point for most renters.

Your actual rate depends on how much coverage you choose, which insurance company you go with, and personal factors like your ZIP code, claims history, and in some states, credit score

How much does renters insurance cost in Oklahoma?

Renters insurance in Oklahoma costs an average of $25 per month for a standard policy with $40,000 in personal property coverage and $300,000 in liability protection. Your actual premium can vary based on your location, coverage level, and the value of your belongings, so it’s worth comparing quotes from multiple insurers to find the best rate.

As a general rule, opting for a higher deductible can bring your monthly costs down, while adding extra coverage for high-value items like electronics or jewellery will push it up. Choose a deductible and coverage level that fits both your budget and replacement needs.

Renters insurance in Oklahoma: Where to start

The average cost of renters insurance in Oklahoma is $299 per year, or $25 per month for a standard policy
For the most affordable option, State Farm offers the lowest average rates in Oklahoma at around $219 annually
Rates vary quite a bit between insurers, so comparing a few quotes before committing is worth the effort

Which companies offer the cheapest renters insurance in Oklahoma?

The most affordable renters insurance in Oklahoma comes from State Farm, which averages $219 per year. Shelter Insurance and Oklahoma Farm Bureau are also competitive options for budget-conscious renters.

Keep in mind that the cheapest policy isn’t always the right one – coverage limits, deductibles, and available discounts all matter. The table below compares average annual and monthly rates from leading insurers in Oklahoma.

Company	Average annual rate	Average monthly rate
State Farm	$219	$18
Shelter Insurance	$281	$23
Oklahoma Farm Bureau	$308	$26
Farmers	$381	$32
AFR Insurance	$419	$35
USAA*	$252	$21

*USAA is only available to military community members and their families.

Want a more accurate renters insurance estimate?

Use our calculator to get a personalized renters insurance quote based on your location and coverage needs.

Your final premium may vary depending on the insurer, coverage limits, deductible, claims history and other rating factors.

Renters insurance calculator in Oklahoma

$283/year

Estimated renters insurance rates in Oklahoma

$24

Monthly renters insurance cost in Oklahoma

Compared to national average

How much does renters insurance cost by coverage level in Oklahoma?

The average annual renters insurance premium in Oklahoma is $299, based on $40,000 in personal property coverage, $300,000 in liability, and a $1,000 deductible.

Dropping your personal property coverage from $40,000 to $20,000 could bring your annual cost down to around $214. Just make sure $20,000 would actually be enough to replace what you own before making that change.

The table below shows average annual premiums in Oklahoma at both the $20,000 and $40,000 personal property coverage levels.

Coverage level	Average annual renters insurance rate	Average monthly renters insurance rate
$20,000 with $500 Deductible and $100,000 Liability	$223	$19
$20,000 with $500 Deductible and $300,000 Liability	$238	$20
$20,000 with $1,000 Deductible and $100,000 Liability	$199	$17
$20,000 with $1,000 Deductible and $300,000 Liability	$214	$18
$40,000 with $500 Deductible and $100,000 Liability	$317	$26
$40,000 with $500 Deductible and $300,000 Liability	$333	$28
$40,000 with $1,000 Deductible and $100,000 Liability	$283	$24
$40,000 with $1,000 Deductible and $300,000 Liability	$299	$25
$60,000 with $500 Deductible and $100,000 Liability	$402	$33
$60,000 with $500 Deductible and $300,000 Liability	$419	$35
$60,000 with $1,000 Deductible and $100,000 Liability	$358	$30
$60,000 with $1,000 Deductible and $300,000 Liability	$375	$31

People also ask: How much renters insurance coverage do I need?

The right amount of coverage depends on the value of your belongings and how much financial risk you’re willing to take on. Most renters do well with $20,000 to $40,000 in personal property coverage and at least $300,000 in liability protection. If you own high-value items like jewelry or electronics, you may want to add endorsements on top of your base policy.

Renters insurance rates in Oklahoma by city

See rates in your city

Norman

Tulsa

How much does renters insurance cost by city in Oklahoma?

Your city within Oklahoma can have a real impact on your renters insurance premium. Insurers factor in local variables like crime statistics, weather history, and how urban or suburban an area is when setting rates.

Here’s how average renters insurance costs break down across major cities in Oklahoma.

Does your ZIP code affect renters insurance rates in Oklahoma?

Your ZIP code is one of the biggest factors insurers use to set rates. Local risks like theft, fire and weather claims can drive premiums up or down, so two renters with the same coverage may pay very different prices.

In Oklahoma, rates range from about $287 in 74003 to $323 in 73112. Here are the cheapest and most expensive ZIP codes for renters insurance in Oklahoma.

Why your ZIP code affects renters insurance costs

Insurers use local risk data to calculate renters insurance premiums, which means rates can vary significantly by neighborhood and ZIP code.

Factors that affect renters insurance rates include:

Local theft and vandalism rates
Weather risks such as hurricanes, floods, or wildfires
Fire claims and rebuilding costs in your area

Even moving a few ZIP codes away can affect your monthly premium.

What are the most affordable ZIP codes for renters insurance in Oklahoma?

In Oklahoma, your ZIP code plays a major role in determining your premiums. Based on our data, 74003 is the most affordable ZIP code for renters insurance, with an average annual cost of $287.

ZIP codes with lower theft rates and fewer severe weather claims tend to have more affordable renters insurance premiums.

ZIP code	City	Average annual rate	Average monthly rate
74003	Bartlesville	$287	$24
74029	Dewey	$287	$24
74051	Ochelata	$287	$24
74061	Ramona	$287	$24
74001	Avant	$288	$24
74002	Barnsdall	$288	$24
74022	Copan	$288	$24
74031	Foyil	$288	$24
74036	Inola	$288	$24
74056	Pawhuska	$288	$24

What are the least affordable ZIP codes for renters insurance in Oklahoma?

73112 is the most expensive ZIP code for renters insurance in Oklahoma, at an average cost of $323 annually or $27 monthly.

Here are the average annual renters insurance rates for every ZIP code in Oklahoma, based on quotes from major insurers.

ZIP code	City	Average annual rate	Average monthly rate
73112	Oklahoma City	$323	$27
73071	Norman	$320	$27
73141	Midwest City	$317	$26
73115	Del City	$315	$26
73003	Edmond	$315	$26
73008	Bethany	$313	$26
73020	Choctaw	$313	$26
73084	Spencer	$313	$26
73122	Warr Acres	$313	$26
73097	Wheatland	$313	$26

How to lower your renters insurance, even in a high-cost ZIP code

Compare at least 3 quotes – rates for the same coverage can vary by $100+ between insurers in the same ZIP code
Bundle with auto insurance to save 5% to 15% on your renters policy
Ask about safety device discounts for smoke detectors, deadbolts, security systems, and smart-home monitoring
Raise your deductible from $500 to $1,000 to save around 10%
Check claims-free discounts if you haven’t filed a claim in 3+ years

Is renters insurance worth it in Oklahoma?

For most renters in Oklahoma, a renters insurance policy protects your belongings from risks like fire, theft, vandalism, and certain weather events, and shields you from liability if someone is injured inside your home.

According to figures from the US Department of Commerce, the US Census Bureau, and the American Community Survey, approximately 48% of US renter households allocate more than 30% of their income toward rent and utilities. When housing already takes up a large share of your budget, it’s worth being thoughtful about every ongoing cost – including insurance.

Shopping around makes a real difference. Beyond price, look at what each policy actually covers, what the deductible is, and how the insurer performs when claims are filed. Slightly higher premiums can be worthwhile if the coverage is meaningfully better.

Frequently asked questions

What does renters insurance actually cover?

Renters insurance typically covers your personal belongings, liability protection and additional living expenses if your rental becomes uninhabitable. This includes damage or loss from events like fire, theft and vandalism, as well as legal or medical costs if someone is injured in your home. Coverage details vary by policy, so it’s important to review limits and exclusions.

Do I really need renters insurance in Oklahoma?

Renters insurance isn’t always required by law, but it’s often worth having because it protects your belongings and provides liability coverage. Even a basic policy can cover thousands of dollars in losses from theft, fire or damage, which can be costly to replace out of pocket. Many landlords also require renters insurance as part of the lease.

Sources:

Insurance Information Institute. Facts + statistics: Renters insurance. Accessed May 2026.

How much is renters insurance in other states

Show more states

Alisha Ambre

Alisha Ambre holds a Bachelor of Arts with honours in English Literature and Media Studies. She focuses on crafting clear, engaging content that makes complex information feel practical and approachable for everyday readers. When she’s not writing, she’s likely on the volleyball court or immersed in a good video game.