Home Renters insurance Renters insurance cost Average renters insurance cost in New Jersey Average renters insurance cost in New Jersey Discover the average cost of renters insurance in New Jersey 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. In New Jersey, renters insurance rates depend on factors like your insurer, chosen coverage limits and personal circumstances. On average, renters pay $238 annually or $20 monthly for a policy with $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 New Jersey is $238 per year or $20 per month.State Farm provides the least expensive renters insurance in New Jersey at an average rate of $163 annually.Renters insurance rates can vary significantly among insurance companies. Compare quotes to find the best deal on renters insurance in New Jersey. Average renters insurance cost in New Jersey per monthIn New Jersey, the average monthly cost of renters insurance is $20. 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$20$4 lessPowered by:Average renters insurance cost in New Jersey by companyState Farm offers the most affordable renters insurance in New Jersey at an average annual rate of $163, followed by American Family and Farmers, based on our data.However, you should get multiple quotes from various renters insurance companies in New Jersey because the prices vary greatly among carriers.Below, we have compared the average annual and monthly renters insurance rates of insurance companies across New Jersey.CompanyAverage annual rateAverage monthly rateState Farm$163$14American Family$164$14Farmers$209$17Chubb$210$18Franklin Mutual$238$20NJM$257$21Plymouth Rock Assurance$357$30Allstate$507$42USAA*$188$16*USAA is only available to military community members and their families.Powered by: Renters insurance calculator in New Jersey Select your state New Jersey 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 $221/year Estimated renters insurance rates in New Jersey $18 Monthly renters insurance cost in New Jersey -18% Compared to national average Get quotes Average cost of renters insurance in New Jersey by coverage levelAs we discussed above, the average cost of renters insurance in New Jersey is $238 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 $175 per year for renters insurance in New Jersey, which provides $300,000 in liability protection with a $1000 deductible.Below are the average renters insurance costs in New Jersey 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$172$14$20,000 with $500 Deductible and $300,000 Liability$189$16$20,000 with $1,000 Deductible and $100,000 Liability$159$13$20,000 with $1,000 Deductible and $300,000 Liability$175$15$40,000 with $500 Deductible and $100,000 Liability$241$20$40,000 with $500 Deductible and $300,000 Liability$258$21$40,000 with $1,000 Deductible and $100,000 Liability$221$18$40,000 with $1,000 Deductible and $300,000 Liability$238$20$60,000 with $500 Deductible and $100,000 Liability$315$26$60,000 with $500 Deductible and $300,000 Liability$332$28$60,000 with $1,000 Deductible and $100,000 Liability$289$24$60,000 with $1,000 Deductible and $300,000 Liability$305$25Powered by:Average cost of renters insurance in New Jersey by cityRenters insurance premiums can vary widely between cities. To help you choose the right policy, we’ve compiled average costs by location. Explore renters insurance rates across various cities in New Jersey and find the best fit for your budget.Renters insurance rates in New Jersey by citySee rates in your cityJersey CityLakewoodAverage cost of renters insurance in New Jersey by ZIP codeIn New Jersey, the cost of renters insurance can vary significantly across ZIP codes. Here, we’ll show you the ZIP codes where renters insurance is most affordable and where it costs the most.Most affordable ZIP codes for renters insurance in New JerseyHow much New Jersey renters pay for insurance depends on the ZIP code they live in. 7823 is the most affordable ZIP code for renters insurance in New Jersey among all the ZIP codes analyzed, at $220 a year on average.Rates vary by ZIP code, so comparing quotes is one of the easiest ways to get the best deal on renters insurance in New Jersey.ZIP codeCityAverage annual rateAverage monthly rate7823Belvidere$220$187825Blairstown$220$188808Broadway$220$187829Buttzville$220$187832Columbia$220$187838Great Meadows$220$188886Greenwich$220$187840Hackettstown$220$187846Johnsonburg$220$187863Oxford$220$18Powered by: Least affordable ZIP codes for renters insurance in New JerseyAmong the ZIP codes analyzed by Insure.com, the least affordable ZIP code for renters insurance in New Jersey is 7112, with an average cost of $258 a year or $22 monthly.We analyzed quotes from multiple insurance providers across every ZIP code in New Jersey. Below, you’l find the average annual renters insurance premiums broken down by ZIP code.ZIP codeCityAverage annual rateAverage monthly rate7112Newark$258$227018East Orange$256$218201Absecon$255$218231Oceanville$255$218214Dennisville$254$218218Goshen$254$218734Lanoka Harbor$254$218220Leeds Point$254$218740Ocean Gate$254$218110Pennsauken$254$21Powered by:Final thoughts: Average renters insurance in New JerseyRenters insurance is a must-have for renters in New Jersey. 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/YearMinnesota$218/YearMissouri$249/YearMississippi$429/YearMontana$284/YearNorth Carolina$436/YearNorth Dakota$200/YearNebraska$314/YearNew Hampshire$160/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 New JerseyBest and cheapest homeowners insurance companies in New JerseyCost of Living in New Jersey in 2025How much does condo insurance cost in New Jersey in 2025? 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Most Americans don’t 1/1 Related Articles How much do claims increase home insurance premiums? 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 Cost of living by state By Chris Kissell On this page Average renters insurance cost in New Jersey per monthAverage renters insurance cost in New Jersey by companyAverage cost of renters insurance in New Jersey by coverage levelAverage cost of renters insurance in New Jersey by cityAverage cost of renters insurance in New Jersey by ZIP codeFinal thoughts: Average renters insurance in New Jersey ZIP Code Please enter valid ZIP See rates (844) 761-9316