how much is tenant insurance

Tenant insurance, also known as renters insurance, typically costs between $12 and $25 per month on average across the United States in 2025. The national average monthly premium is about $18, or around $216 per year, covering personal belongings and liability protection. However, the cost varies by state, city, coverage amount, and risk factors, with some areas having premiums as low as $5 per month and others as high as $30 or more depending on local conditions and coverage options.