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Renters insurance · rank #22 of 50 · July 2026

Average renters insurance cost in Iowa

Iowa sits in the affordable half of the country at #22 of 50, about 9% below the national average of $23 a month.

Average monthly rate$21 -9% vs US avg
Average annual cost$252
Benchmark coverage~$30K property
U.S. average$23/mo
Iowa vs U.S. average$24/yr
Cost rank (1 = cheapest)#22 / 50
Paying more than the Iowa average?

The single most reliable way to cut your premium is comparing quotes — carriers price the same coverage very differently — State Farm averages $14/month while others charge $24+ for comparable policies.

Compare renters insurance quotes

We may earn a commission if you request quotes through this link. It costs you nothing and never affects the data we publish.

How Iowa compares with its neighbors

StateMonthly rateDifference vs IA
Iowa$21
Minnesota$20$1/mo
Illinois$23+$2/mo
Missouri$28+$7/mo
Nebraska$21+$0/mo

Iowa renters insurance FAQ

How much is renters insurance in Iowa?

Renters insurance in Iowa averages $21 per month — about $252 per year — for a typical policy with roughly $30,000 in personal property coverage and $100,000 in liability. Your exact rate depends on your coverage limits, deductible, claims history and, in most states, your credit-based insurance score.

Is renters insurance required in Iowa?

No state law requires renters insurance in Iowa — but landlords can and frequently do require it as a lease condition. Even when it's optional, going without it means one apartment fire or burglary could cost you everything you own, against a premium of roughly $21 a month.

How can I pay less than $21/month in Iowa?

Three moves reliably beat the state average: bundle renters with your auto policy (typically the single biggest discount), raise your deductible from $250 to $1,000 if you can absorb it, and compare quotes — carrier pricing for identical coverage varies widely, with the cheapest national carriers averaging around $14/month.

Paying more than the Iowa average?

The single most reliable way to cut your premium is comparing quotes — carriers price the same coverage very differently — State Farm averages $14/month while others charge $24+ for comparable policies.

Compare renters insurance quotes

We may earn a commission if you request quotes through this link. It costs you nothing and never affects the data we publish.