Security Deposit Law Center
From deposit limits, to holding and interest requirements, to refund deadlines, Obligo's state-by-state guides help renters and property managers stay informed, avoid disputes, and ensure compliance.
Virginia: Key Points at a Glance
π° Deposit Cap: 2x Monthly Rent
π Holding Requirements: No
πΈ Interest Required: No
π« Return Window: 45 days
Wyoming: Key Points at a Glance
π° Deposit Cap: No
π Holding Requirements: No
πΈ Interest Required: No
π« Return Window: Varies
West Virginia: Key Points at a Glance
π° Deposit Cap: No
π Holding Requirements: No
πΈ Interest Required: No
π« Return Window: Varies
Washington: Key Points at a Glance
π° Deposit Cap: No
π Holding Requirements: Yes
πΈ Interest Required: No
π« Return Window: 30 days
Texas: Key Points at a Glance
π° Deposit Cap: No
π Holding Requirements: No
πΈ Interest Required: No
π« Return Window: 30 days
Wisconsin: Key Points at a Glance
π° Deposit Cap: No
π Holding Requirements: No
πΈ Interest Required: No
π« Return Window: 21 days
Vermont: Key Points at a Glance
π° Deposit Cap: No
π Holding Requirements: No
πΈ Interest Required: No
π« Return Window: 14 days
Utah: Key Points at a Glance
π° Deposit Cap: No
π Holding Requirements: No
πΈ Interest Required: No
π« Return Window: 30 days
Tennessee: Key Points at a Glance
π° Deposit Cap: No
π Holding Requirements: Yes
πΈ Interest Required: No
π« Return Window: No
Minnesota: Key Points at a Glance
π° Deposit Cap: No
π Holding Requirements: No
πΈ Interest Required: Yes
π« Return Window: 3 weeks
Oklahoma: Key Points at a Glance
π° Deposit Cap: No
π Holding Requirements: Yes
πΈ Interest Required: No
βπ« Return Window: 45 days
South Dakota: Key Points at a Glance
π° Deposit Cap: 1x Monthly Rent
π Holding Requirements: No
πΈ Interest Required: No
π« Return Window: 14 days
South Carolina: Key Points at a Glance
π° Deposit Cap: No
π Holding Requirements: No
πΈ Interest Required: No
βπ« Return Window: 30 days
Rhode Island: Key Points at a Glance
π° Deposit Cap: 1x Monthly Rent
π Holding Requirements: No
πΈ Interest Required: No
π« Return Window: 20 days
Pennsylvania: Key Points at a Glance
π° Deposit Cap: Varies β Dependent on Year of the LeaseΒ
π Holding Requirements: Yes
πΈ Interest Required: Varies
π« Return Window: 30 days
Oregon: Key Points at a Glance
π° Deposit Cap: No
π Holding Requirements: No
πΈ Interest Required: No
π« Return Window: 31 days
North Dakota: Key Points at a Glance
π° Deposit Cap: 1x Monthly Rent
π Holding Requirements: Yes
πΈ Interest Required: Yes
π« Return Window: 30 days
Ohio: Key Points at a Glance
π° Deposit Cap: No
π Holding Requirements: No
πΈ Interest Required: Varies β Dependent on Security Deposit Amount and Lease LengthΒ
π« Return Window: 30 days
North Carolina: Key Points at a Glance
π° Deposit Cap: Varies β Dependent on Lease Length
π Holding Requirements: Yes
πΈ Interest Required: No
π« Return Window: 30 days
New York: Key Points at a Glance
π° Deposit Cap: 1x Monthly RentΒ
π Holding Requirements: YesΒ
πΈ Interest Required: Yes (for properties with 6+ units)
π« Return Window: 14 daysΒ
New Mexico: Key Points at a Glance
π° Deposit Cap: Varies β Dependent On Lease Length
π Holding Requirements: Yes
πΈ Interest Required: Yes
π« Return Window: 30 days
New Jersey: Key Points at a Glance
π° Deposit Cap: 1.5x Monthly Rent
π Holding Requirements: Yes
πΈ Interest Required: Yes
π« Return Window: 30 days
Montana: Key Points at a Glance
π° Deposit Cap: No
π Holding Requirements: No
πΈ Interest Required: No
π« Return Window: Varies
New Hampshire: Key Points at a Glance
π° Deposit Cap: 1x Monthly Rent
π Holding Requirements: Yes
πΈ Interest Required: Yes
π« Return Window: 30 days
Nevada: Key Points at a Glance
π° Deposit Cap: 3x Monthly Rent
π Holding Requirements: No
πΈ Interest Required: No
π« Return Window: 30 days
Nebraska: Key Points at a Glance
π° Deposit Cap: 1x Monthly Rent
π Holding Requirements: No
πΈ Interest Required: No
π« Return Window: 14 days
Missouri: Key Points at a Glance
π° Deposit Cap: 2x Monthly Rent
π Holding Requirements: Yes
πΈ Interest Required: No
π« Return Window: 30 days
Mississippi:Β
Key Points at a Glance
π° Deposit Cap: Not SpecifiedΒ
π Holding Requirements: No
πΈ Interest Required: No
π« Return Window: 45 days
Michigan: Key Points at a Glance
π° Deposit Cap: 1.5x Monthly Rent
π Holding Requirements: Yes
πΈ Interest Required: No
π« Return Window: 30 days
Massachusetts: Key Points at a Glance
π° Deposit Cap: 1x Monthly Rent
π Holding Requirements: Yes
πΈ Interest Required: Yes
π« Return Window: 30 days
Maryland: Key Points at a Glance
π° Deposit Cap: 1x Monthly Rent (with exceptions)
π Holding Requirements: Yes
πΈ Interest Required: Yes
π« Return Window: 45 days
Maine: Key Points at a Glance
π° Deposit Cap: 2x Monthly Rent
π Holding Requirements: Yes
πΈ Interest Required: No
π« Return Window: 30 days
Louisiana: Key Points at a Glance
π° Deposit Cap: Not Specified
π Holding Requirements: No
πΈ Interest Required: No
π« Return Window: 30 days
Kentucky: Key Points at a Glance
π° Deposit Cap: Not Specified
π Holding Requirements: Yes
πΈ Interest Required: No
π« Return Window: Not Specified
Kansas:Β Key Points at a Glance
π° Deposit Cap: 1x Monthly Rent for Unfurnished Properties; 1.5x Monthly rent for Furnished Properties
π Holding Requirements: No
πΈ Interest Required: No
π« Return Window: 30 days
Iowa: Key Points at a Glance
π° Deposit Cap: 2x Monthly Rent
π Holding Requirements: Yes
πΈ Interest Required:Β No, for the first 5 years of the tenancy. Yes, after year 5 of the tenancy
π« Return Window: 30 days
Indiana: Key Points at a Glance
π° Deposit Cap: Not Specified
π Holding Requirements: No
πΈ Interest Required: No
π« Return Window: 45 days
Idaho: Key Points at a Glance
π° Deposit Cap: Not specified
π Holding Requirements: Yes
πΈ Interest Required: No
π« Return Window: 21 days
Illinois: Key Points at a Glance
π° Deposit Cap: Not Specified
π Holding Requirements: No
πΈ Interest Required: Yes
π« Return Window: 30 days
Arkansas: Key Points at a Glance
π° Deposit Cap: 2x Monthly Rent (applies only to landlords who rent out 6 or more dwellings)
π Holding Requirements: No
πΈ Interest Required: No
π« Return Window: 60 days
Hawaii: Key Points at a Glance
π° Deposit Cap: 1x Monthly Rent
π Holding Requirements: No
πΈ Interest Required: No
π« Return Window: 14 days
Georgia: Key Points at a Glance
π° Deposit Cap: 2x Monthly Rentβ
π Holding Requirements: Yesβ
πΈ Interest Required: Noβ
π« Return Window: 30 days
Florida: Key Points at a Glance
π° Deposit Cap: Not SpecifiedΒ
π Holding Requirements: Yes
πΈ Interest Required: Yes (if the deposit is held in an interest-bearing account)
π« Return Window: 15 days if no deductions; maximum of 60 days if deductions are made (30 days to provide notice of deductions to tenants + 15 days for tenants to dispute deductions + 30 days from the date of the notice of the landlord/property managerβs intent to charge to return any portion of the deposit remaining after deductions)
π SDA Charge Window: 30 days
DC: Key Points at a Glance
π° Deposit Cap: 1x Monthly Rent
π Holding Requirements: Yes
πΈ Interest Required: Yes (under certain circumstances)
π« Return Window: 45 days
Delaware: Key Points at a Glance
π° Deposit Cap: 1x Monthly Rent (with exceptions)
π Holding Requirements: Yes
πΈ Interest Required: No
π« Return Window: 20 days
Connecticut: Key Points at a Glance
π° Deposit Cap: 2x Monthly Rent (1x Monthly Rent for tenants 62+ years old)
π Holding Requirements: Yes
πΈ Interest Required: Yes
π« Return Window: 21 days
Colorado: Key Points at a Glance
π° Deposit Cap: 2x Monthly Rent
π Holding Requirements: No
πΈ Interest Required: No
π« Return Window: 30 days (May be extended up to 60 days if the lease specifies)
California: Key Points at a Glance
π° Deposit Cap: 1x Monthly Rent (with exceptions)
π Holding Requirements: No
πΈ Interest Required: NoΒ
π« Return Window: 21 days
Arizona: Key Points at a Glance
π° Deposit Cap: 1.5x Monthly Rent
π Holding Requirements: No
πΈ Interest Required: No
π« Return Window: 14 business days
Alaska: Key Points at a Glance
π° Deposit Cap: 2x Monthly Rent (with exceptions)
π Holding Requirements: Yes
πΈ Interest Required: No
π« Return Window: 14 days (30 days if deductions apply)
Alabama:Β Key Points at a Glance
π° Deposit Cap: 1x Monthly Rent (with exceptions)
π Holding Requirements: No
πΈ Interest Required: No
π« Return Window: 60 days
State-by-State Laws & Regulations
Disclaimer
The Security Deposit Law Center is intended for general informational purposes only and is not legal advice. We make no representations or warranties as to its accuracy and completeness. Security deposit and security deposit alternative laws vary by jurisdiction and may change. You should not rely on any information contained herein to act (or refrain from acting) without first consulting with qualified legal counsel.