Average renters insurance cost in Oklahoma

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Renters in Oklahoma pay an average of $299 annually – or $25 per month – for a policy with $40,000 in personal property coverage, $300,000 in liability protection, and a $1,000 deductible. For most renters, this is a practical benchmark to start from.

Your actual premium is shaped by the amount of coverage you select, the insurer you go with, and individual factors such as your ZIP code, claims history, and depending on your state – your credit score.

How much does renters insurance cost in Oklahoma?

At $25 per month, renters insurance in Oklahoma is based on a policy with $40,000 in personal property coverage and $300,000 in liability protection. Your premium will shift depending on your location, the coverage limits you set, and the total worth of your possessions. Shopping around and comparing quotes from different insurers is one of the most effective ways to keep costs manageable.

It’s worth remembering that a higher deductible might reduce your monthly premium, while broader coverage for valuables such as electronics or jewelry will increase it. Choose a deductible and coverage level that fits both your budget and replacement needs.

Renters insurance in Oklahoma: Where to start

On average, renters insurance in Oklahoma costs $299 per year, or $25 per month
Among all providers in Oklahoma, State Farm consistently comes in with the lowest average rates – around $219 per year
Because premiums can vary significantly from one insurer to the next, comparing multiple quotes before settling on a policy is always a good idea

Which companies offer the cheapest renters insurance in Oklahoma?

State Farm offers the most affordable renters insurance in Oklahoma, with an average annual cost of $219. Shelter Insurance and Oklahoma Farm Bureau are also worth considering if you’re looking to keep costs down.

Choosing the cheapest insurer isn’t always the best option, so it’s important to review coverage limits, deductibles, and available discounts alongside price. The table below shows average annual and monthly rates from a range of 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 cost of renters insurance in Oklahoma is $299, 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 $214 a year for renters insurance in Oklahoma. Make sure $20,000 is enough to cover your belongings before deciding to adjust your coverage.

The table below shows average annual renters insurance premiums in Oklahoma for personal property coverage of $20,000 and $40,000.

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?

Most renters need enough coverage to replace their personal belongings and protect against liability claims. A common starting point is $20,000 to $40,000 in personal property coverage and at least $300,000 in liability protection. That said, the right amount really depends on the value of what you own, any endorsements you might add for higher-value items, and how much risk you’re comfortable carrying yourself.

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.

Renters insurance rates in Oklahoma by city

See rates in your city

Norman

Tulsa

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, renters insurance is well worth having. It protects your belongings against fire, theft, vandalism, and certain natural disasters, while also providing liability coverage if someone is injured in your home.

According to the US Department of Commerce, the US Census Bureau and American Community Survey – over 48% of renter households in the US spend more than 30% of their income on rent and utilities, which means even smaller ongoing expenses like insurance are worth managing carefully.

Finding the right policy comes down to shopping around. Price matters, but it’s also important to review coverage options, deductibles, and customer satisfaction. Paying slightly more for better coverage can make a real difference when you need to file a claim.

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.

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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.