Who Has The Cheapest Renters Insurance Quotes in Oregon?

To show which places in Oregon have the cheapest and most expensive renters insurance rates, we evaluated quotes for a sample property (a rental property with roughly 1,000 square feet of living space and $100,000 in liability coverage). The results showed that the most expensive renters insurance rates were 32% higher than the cheapest. Since we used one sample property, the rates have comparative value, but are not indicative of what all tenants can expect to pay for their renters insurance. Read more below, or enter your zip code to begin getting quotes from a list of renters insurance companies.

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Cheapest Renters Insurance in Oregon

We conducted a study of insurance companies in Oregon to find which company provided the cheapest renters insurance rates. Our study collected quotes for a sample property of 1,000 square-feet from five big insurance carriers in the state, and we found that Farmers offered the cheapest average annual rate at $148 for our sample policy. This rate is 55% or $162 cheaper than the average Liberty Mutual renters insurance quote in Oregon. Below are the average annual rates for the insurance providers, ranked from cheapest to most expensive:

RankCheapest Renters Insurance CompanyAverage Annual Rates
1 Farmers $148
2 Allstate 162
3 State Farm 192
4 Nationwide 325
5 Liberty Mutual 330
Average 231

These rates were calculated for a sample property. To find the best rates for you, we recommend looking up quotes from various insurance companies and comparing them. 

Best Renters Insurance Rates in Oregon: by City

The five cheapest places for renters insurance in Oregon all have premiums that are at least 10% lower than the state average. They also are located just outside of Portland - the most expensive city in the state. This is pattern that has occurred in the metropolitan areas of other large cities as well, such as Boston. The least expensive city in the state, Tigard, had the best rates. The quotes for the sample property there were 10.72% lower than the average.

RankCityAverage Annual Rate% Difference vs State Average
1 Tigard $207 -10.7%
2 Corvallis 207 -10.7%
3 Tualatin 207 -10.6%
4 Hillsboro 207 -10.6%
5 Beaverton 208 -10.5%

*The Average Annual Rate is rounded to the nearest whole dollar amount.

Tigard, OR

Tigard, Oregon is a livable and affordable community just a few minutes outside of Portland. The town also has a recreation and a new library serving its 50,000 residents, many who commute and work in Portland. Tigard has the cheapest renters insurance premiums in Oregon, where the cost to insure our study’s sample property is 10.7% lower than the state average.

Corvallis, OR

Located in the Willamette Valley, Corvallis has a population of about 56,000 resident and is known for its world-class skiing. It’s also home to Oregon State University and is routinely recognized as one of the best college towns and places to live. Renters insurance rates for our sample property in Corvallis are 10.7% lower than the average for the state.

Tualatin, OR

The city of Tualatin, Oregon is a Portland suburb that has more than 280 acres of parks and trails. The city also has a vibrant ArtWalk, a public-walk featuring the work of Tualatin residents. The city also has its own shopping, dining and entertainment and community events. Tenants in Tualatin pay 10.6% less for renters insurance than the state average.

Hillsboro, OR

The city has numerous historical sites but Hillsboro also is known to be innovative and forward-thinking. Intel Corporation, the state’s largest employer, is one of several other household name companies with a large presence in the city including Yahoo and Wells Fargo. Hillsboro residents have renters insurance premiums 10.6% lower than the state average. 

Beaverton, OR

Beaverton, Oregon is just outside Portland in the Tualatin River Valley and spans about 19 miles. With about 94,000 residents, it is the state's second largest city and residents enjoy a thriving community and shopping district and more than 100 parks. To insure the study’s sample rental property in Beaverton costs 10.5% less than the state average.

Most Expensive Renters Insurance in Oregon

The municipalities and the census designated places with the most expensive renters insurance in Oregon are scattered throughout the state. Portland is the most expensive, with premiums that are 17.5% higher than the state average, and only one of the other four most expensive cities in near it.

RankCityAverage Annual Rate% Difference vs State Average
1 Portland $273 17.5%
2 Stayton 266 14.7%
3 Canby 265 14.4%
4 Cottage Grove 260 12.2%
5 Clatskanie 253 8.9%

*The Average Annual Rate is rounded to the nearest whole dollar amount.

Portland, OR

Described by Outside Magazine as one of the "10 Greatest Places to Live.” Portland is a great place for those who enjoy the outdoors. Within the city, the parks system has more than 37,000 acres of open space, some of which is right in downtown. The city also has two public golf courses ranked in the top 75 by Golf Digest: the Eastmoreland Golf Course and Heron Lakes Golf Course. Bicycling magazine named Portland the top cycling city in the U.S. two years in a row, as well. Skiing, ice climbing, snowboarding, hiking, and snowshoeing are all sports enjoyed at the nearby Mt. Hood. Renters insurance premiums for our sample property are 17.5% higher than the state average.

Stayton, OR

The city of Stayton, Oregon is located at the convergence of the Santiam Canyon and Willamette Valley. It is about 14 miles east of the state capital and some points of interest include Pioneer Park and the Stayton-Jordan covered bridge. Renters insurance premiums in Stayton are 14.7% higher than the state average. 

Canby, OR

Canby was named after Major Gen. Edward R.S. Canby. Railroad tracks through the city were laid in 1870 and it was incorporated in 1893. Canby is the location of the Clackamas County Fairgrounds and Hart’s Reptile World. Renters insurance rates in Canby at 14.4% higher than the state average.

Cottage Grove, OR

Known as the Covered Bridge Capital of Oregon, Cottage Grove has just under 10,000 residents and a number of films have been shot there, including Buster Keaton’s “The General.” Cottage Grove has the fourth most expensive renters insurance rates in Oregon, with premiums 12.2% higher than the state average.

Clatskanie, OR

Clatskanie is described as a "Norman Rockwell" city in the green hills and valleys of coastal northwest Oregon. It has a population of about 1,800 residents but the city also serves the surrounding areas. The community is heavily involved in make itself the best it can be. It has established a swimming pool, built a new library and promotes itself as drug-free. Clatskanie has hosted an annual fireworks display to celebrate the July 4th for more than 100 years. Residents in Clatskanie have renters insurance rates that are 8.9% higher than the rest of Oregon.

Average Cost of Renters Insurance in Oregon: by City

We gathered renters insurance quotes from five major carriers for 58 cities across Oregon for our sample rental property to determine a mean rate for the state of $232. The results showed that the most expensive place in Oregon was 32% more expensive than the cheapest. The gap between the cheapest and the most expensive premiums is not a dramatic one. For example, the most expensive city in Delaware is only 7% more expensive that the cheapest, while the difference in the state of Texas is 74%. 

Study Methodology

Our study examined renters insurance quotes for a 1,000-square-foot residence with at least $25,000 in personal property coverage and $100,000 in liability coverage. We then collected quotes for that sample residence from five of the major carriers that offer a renters insurance product in the state of Oregon. We averaged rates for the sample home in each city as a benchmark to show which cities are relatively cheaper or more expensive. Those comparative values are not indicative of what tenants can expect to pay for an annual renters insurance premium.

RankCityAverage Annual Rate% Difference vs State Average
34 Albany $235 1.4%
10 Ashland 219 -5.4%
8 Astoria 211 -9.1%
24 Baker City 224 -3.3%
5 Beaverton 208 -10.5%
36 Bend 236 1.8%
18 Brookings 222 -4.4%
53 Burns 251 8.3%
56 Canby 265 14.4%
54 Clatskanie 253 8.9%
13 Coos Bay 220 -5.1%
2 Corvallis 207 -10.7%
55 Cottage Grove 260 12.2%
16 Dallas 221 -4.8%
49 Enterprise 247 6.5%
43 Eugene 243 4.7%
44 Gold Beach 244 5.1%
15 Grants Pass 221 -4.9%
46 Gresham 245 5.6%
22 Hermiston 224 -3.3%
4 Hillsboro 207 -10.6%
14 Hood River 220 -5.0%
25 John Day 224 -3.3%
48 Keizer 246 6.2%
29 Klamath Falls 227 -2.3%
23 La Grande 224 -3.3%
37 Lake Oswego 236 1.9%
52 Lakeview 251 8.3%
33 Lebanon 235 1.2%
19 Lincoln City 222 -4.3%
50 Madras 248 6.9%
45 Mckenzie Bridge 245 5.5%
28 Mcminnville 226 -2.4%
17 Medford 221 -4.6%
40 Molalla 239 2.9%
30 Newberg 227 -2.3%
9 Newport 214 -7.8%
27 Ontario 226 -2.5%
38 Oregon City 237 2.0%
21 Pendleton 224 -3.3%
58 Portland 273 17.5%
26 Prineville 225 -3.1%
11 Rogue River 219 -5.4%
12 Roseburg 220 -5.2%
31 Saint Helens 228 -1.9%
47 Salem 246 6.2%
20 Scappoose 223 -3.9%
6 Seaside 210 -9.3%
41 Silverton 241 3.9%
32 Sisters 235 1.1%
57 Stayton 266 14.7%
35 Sweet Home 236 1.5%
51 The Dalles 248 6.9%
1 Tigard 207 -10.7%
7 Tillamook 211 -9.1%
3 Tualatin 207 -10.6%
39 Wilsonville 239 2.8%
42 Woodburn 241 3.9%

*The Average Annual Rate is rounded to the nearest whole dollar amount.

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