# Security Deposit Interest by State (2026): Who Owes It, Verified

- Link: https://clearlegaltips.com/security-deposit-interest-by-state/
- Published: 2026-07-17T16:43:57-04:00
- Author: ClearLegalTips

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## Download This Resource

Get the verified security deposit interest by state table as a print-ready PDF, 
an editable DOCX with every rate mechanism and statute citation, and a two-sided
tenant-and-landlord action checklist:

[📄Interest Table PDFPrint & complete](https://clearlegaltips.com/wp-content/uploads/2026/07/security-deposit-interest-document-1.pdf)
[📝Editable DOCXFill in your details](https://clearlegaltips.com/wp-content/uploads/2026/07/security-deposit-interest-document-1.docx)
[✅Action ChecklistStep-by-step PDF](https://clearlegaltips.com/wp-content/uploads/2026/07/security-deposit-interest-checklist-1.pdf)

**The short version (2026):** Six states make landlords pay interest on residential
security deposits as a rule: New Jersey, Massachusetts, Minnesota, Maryland, Connecticut,
and New Hampshire. Nine more jurisdictions, the District of Columbia among them,
attach conditions: a building size, a tenancy length, a dollar floor, or in Florida
the landlord’s own account choice. The other 36 require nothing statewide, though
Chicago, Los Angeles, and San Francisco add their own city rules. Rates run from
Minnesota’s flat 1 percent to Massachusetts’ 5, with several states pegging the 
number to a bank or index rate instead. This security deposit interest by state 
table cites every statute, and the dataset is free to reuse under CC-BY.

A tenant in Boston and a tenant in Austin can hand over the same $2,000 deposit 
and walk away with different math. One of them is owed interest every year, on a
schedule a statute spells out. The other is owed nothing, ever, no matter how long
the landlord holds the money. Which side of that line you live on is pure geography.

Interest is the deposit rule almost nobody checks. Caps and return deadlines get
the attention, and our [security deposit limits by state](https://clearlegaltips.com/security-deposit-limits-by-state/)
page covers those in full. The interest layer is thinner ground: most roundups list
a few states, skip the fine print, and go stale. So we built the security deposit
interest by state answer the same way we built the limits table: every statute, 
all 50 states plus DC, read in July 2026.

## The 2026 Security Deposit Interest Table: All 50 States + DC

![2026 security deposit interest by state table for all 50 states and DC with rate
mechanisms, conditions, and statute citations](https://i0.wp.com/clearlegaltips.
com/wp-content/uploads/2026/07/deposit-interest-01-state-table.jpg?w=1290&ssl=1)

Here is the full security deposit interest by state picture. “Yes” means interest
is owed as a matter of course. “Conditional” means a threshold decides, read the
conditions cell closely, because that is where the rule actually lives. “No” means
the state statute imposes no interest duty at all, whatever a lease might voluntarily
promise.

  |  State |  Interest required? |  Rate and conditions |  Statute |  
   |  Alabama |  No |  None |  Ala. Code 35-9A-201 |  
 |  Alaska |  No |  None |  AS 34.03.070 |  
 |  Arizona |  No |  None |  A.R.S. 33-1321 |  
 |  Arkansas |  No |  None |  Ark. Code 18-16-305 |  
 |  California |  No (statewide) |  Los Angeles and San Francisco require interest by city ordinance |  Civ. Code 1950.5 |  
 |  Colorado |  No |  None |  C.R.S. 38-12-103 |  
 |  Connecticut |  Yes |  Annual “deposit index” rate; paid or credited each tenancy anniversary |  C.G.S. 47a-21 |  
 |  Delaware |  No |  None |  25 Del. C. 5514 |  
 |  District of Columbia |  Conditional |  Statement-savings rate; due to the tenant at the end of tenancies of 12 months or more |  14 DCMR 311 |  
 |  Florida |  Conditional |  Only if the landlord picks an interest-bearing account: at least 75% of the account’s annualized average, or 5% simple, landlord’s election |  Fla. Stat. 83.49(1) |  
 |  Georgia |  No |  Deposits held in trust; no interest to tenant |  O.C.G.A. 44-7-31 |  
 |  Hawaii |  No |  None |  HRS 521-44 |  
 |  Idaho |  No |  None |  Idaho Code 6-321 |  
 |  Illinois |  Conditional |  Buildings or complexes of 25+ units, deposits held over 6 months; largest-bank passbook rate |  765 ILCS 715 |  
 |  Indiana |  No |  None |  IC 32-31-3-12 |  
 |  Iowa |  Conditional |  Interest belongs to the landlord for the first 5 years of a tenancy |  Iowa Code 562A.12 |  
 |  Kansas |  No |  None |  K.S.A. 58-2550 |  
 |  Kentucky |  No |  None |  KRS 383.580 |  
 |  Louisiana |  No |  None |  La. R.S. 9:3251 |  
 |  Maine |  No |  Separate-account rules only |  14 M.R.S. 6033 |  
 |  Maryland |  Yes |  Greater of the 1-year Treasury yield (Jan 1) or 1.5% a year; deposits of $50+, held 6+ months |  Real Prop. 8-203 |  
 |  Massachusetts |  Yes |  5% a year, or the bank’s actual rate if lower; deposits held one year or longer |  M.G.L. c. 186, 15B |  
 |  Michigan |  No |  None |  MCL 554.604 |  
 |  Minnesota |  Yes |  1% simple per year, all deposits |  Minn. Stat. 504B.178 |  
 |  Mississippi |  No |  None |  Miss. Code 89-8-21 |  
 |  Missouri |  No |  None |  RSMo 535.300 |  
 |  Montana |  No |  None |  MCA 70-25-201 |  
 |  Nebraska |  No |  None |  Neb. Rev. Stat. 76-1416 |  
 |  Nevada |  No |  None |  NRS 118A.242 |  
 |  New Hampshire |  Yes |  The NH bank’s regular-savings rate; deposits held one year or longer |  RSA 540-A:6 |  
 |  New Jersey |  Yes |  Earnings of the required money-market fund or interest-bearing account, all to the tenant, accounted annually |  N.J.S.A. 46:8-19 |  
 |  New Mexico |  Conditional |  Annual lease with a deposit over one month’s rent: passbook rate, paid yearly |  NMSA 47-8-18 |  
 |  New York |  Conditional |  Buildings of 6+ units: bank interest to the tenant, landlord keeps 1% as administration |  GOL 7-103 |  
 |  North Carolina |  No |  Trust account or bond required; no interest to tenant |  G.S. 42-50 |  
 |  North Dakota |  Conditional |  Required interest-bearing account; interest owed at 9+ months of occupancy |  N.D.C.C. 47-16-07.1 |  
 |  Ohio |  Conditional |  5% on the portion above $50 or one month’s rent; tenancy of 6+ months |  ORC 5321.16 |  
 |  Oklahoma |  No |  None |  41 O.S. 115 |  
 |  Oregon |  No |  None |  ORS 90.300 |  
 |  Pennsylvania |  Conditional |  Escrow interest from the third year on; landlord keeps 1% as an administrative fee |  68 P.S. 250.511b |  
 |  Rhode Island |  No |  None |  R.I.G.L. 34-18-19 |  
 |  South Carolina |  No |  None |  S.C. Code 27-40-410 |  
 |  South Dakota |  No |  None |  SDCL 43-32-6.1 |  
 |  Tennessee |  No |  None |  T.C.A. 66-28-301 |  
 |  Texas |  No |  None |  Prop. Code 92.103 |  
 |  Utah |  No |  None |  Utah Code 57-17-1 |  
 |  Vermont |  No |  None |  9 V.S.A. 4461 |  
 |  Virginia |  No |  Former interest provision no longer in force |  Va. Code 55.1-1226 |  
 |  Washington |  No |  None |  RCW 59.18.280 |  
 |  West Virginia |  No |  None |  W. Va. Code 37-6A-1 |  
 |  Wisconsin |  No |  None |  Wis. Stat. 704.28 |  
 |  Wyoming |  No |  None |  Wyo. Stat. 1-21-1208 |

## Key Findings From the 2026 Data

![Key findings from the 2026 deposit interest data: six states automatic, nine conditional,
36 with no statewide requirement](https://i0.wp.com/clearlegaltips.com/wp-content/
uploads/2026/07/deposit-interest-02-key-findings.jpg?w=1290&ssl=1)

The headline number in the security deposit interest by state data surprises most
people: 36 states impose no deposit-interest duty at all. The rule, nationally, 
is that the landlord keeps whatever the money earns. Interest states are the exception,
and they cluster hard in the Northeast and upper Midwest, with Maryland the outlier
to the south.

Among states that do require it, no two use the same math. Minnesota picks a flat
number, 1 percent simple, and applies it to everyone. Massachusetts says 5 percent
unless the bank actually paid less. Maryland splits the difference with a floor:
the one-year Treasury yield or 1.5 percent, whichever is greater. Connecticut delegates
the whole question to an annually published deposit index. Four approaches, four
different checks for the same $2,000.

The conditional states hide the most traps. A New York tenant in a five-unit building
has no statutory interest right; a neighbor in a six-unit building does. An Illinois
tenant’s right turns on whether the complex has 25 units. In Iowa the account earns
interest from day one, and for the first five years all of it belongs to the landlord.
Florida may be the strangest of the group: the landlord picks the account type, 
and that private bookkeeping choice decides whether the tenant ever sees a cent.

## How to Read These Rules

![How to read security deposit interest rules: check the conditions before the rate,
and separate escrow custody rules from interest rules](https://i0.wp.com/clearlegaltips.
com/wp-content/uploads/2026/07/deposit-interest-03-how-to-read.jpg?w=1290&ssl=1)

The conditions cell matters more than the rate. A rate means nothing until the threshold
is met, and the thresholds are where claims fall out, a tenancy that ran too short
here, a building one unit too small there. Ohio’s 5 percent sounds generous until
you notice it applies only to the slice of a deposit above one month’s rent or $
50, whichever is greater, and only after six months of tenancy. A standard one-month
deposit in Ohio earns nothing.

Account rules are a separate thing from interest rules, and the two get conflated
constantly. Several states, Georgia and North Carolina among them, force the deposit
into a trust account without giving the tenant any of what it earns. An escrow requirement
protects the principal; it says nothing about sharing the yield. Our [landlord-tenant compliance table](https://clearlegaltips.com/landlord-tenant-law-state-compliance-table/)
tracks those custody rules separately.

One more habit: remember who sets the number in the index states. Connecticut’s 
index, New York’s bank rate, Chicago’s city rate, San Francisco’s Rent Board number:
these move every year, which is exactly why this page carries statute citations 
instead of hard-coding this year’s decimals. The mechanism is stable law. The percentage
is weather.

## The Six States Where Interest Is Automatic

![The six states where deposit interest is automatic: New Jersey, Massachusetts,
Minnesota, Maryland, Connecticut, and New Hampshire](https://i0.wp.com/clearlegaltips.
com/wp-content/uploads/2026/07/deposit-interest-04-six-states.jpg?w=1290&ssl=1)

New Jersey runs the strictest regime. Under [N.J.S.A. 46:8-19](https://codes.findlaw.com/nj/title-46-property/nj-st-sect-46-8-19/),
the deposit goes into an insured money-market fund or interest-bearing account, 
and everything the money earns belongs to the tenant, paid in cash or credited against
rent, with an annual accounting. The landlord is a custodian, nothing more.

Massachusetts sets the highest fixed benchmark: 5 percent a year, or the bank’s 
actual rate if lower, on deposits held a year or longer, paid at the end of each
tenancy year under [M.G.L. c. 186, section 15B](https://codes.findlaw.com/ma/part-ii-real-and-personal-property-and-domestic-relations-ch-183-210/ma-gen-laws-ch-186-sect-15b/).
Minnesota is the simplest: 1 percent simple, every deposit, no thresholds, under
[Minn. Stat. 504B.178](https://www.revisor.mn.gov/statutes/cite/504B.178), with 
amounts under a dollar excused.

Maryland’s [Real Property 8-203](https://codes.findlaw.com/md/real-property/md-code-real-prop-sect-8-203/)
owes interest on deposits of $50 or more at the greater of the one-year Treasury
yield or 1.5 percent. Connecticut pays whatever the state’s published deposit index
says that year, credited each tenancy anniversary. New Hampshire keeps it local 
under [RSA 540-A:6](https://gc.nh.gov/rsa/html/LV/540-A/540-A-6.htm): whatever regular
savings pays at the New Hampshire bank actually holding the deposit, once the landlord
has held it a year.

## The Conditional Nine: Thresholds and Fine Print

![The nine conditional deposit interest jurisdictions: building-size gates in New
York and Illinois, tenancy-length gates in North Dakota and DC, and Florida's landlord
choice](https://i0.wp.com/clearlegaltips.com/wp-content/uploads/2026/07/deposit-
interest-05-conditional.jpg?w=1290&ssl=1)

Nine jurisdictions put a gate in front of the interest right, and each gate is different.
Building size gates New York (six or more units, under [GOL 7-103](https://codes.findlaw.com/ny/general-obligations-law/gob-sect-7-103/))
and Illinois (25 or more units under the [Security Deposit Interest Act](https://codes.findlaw.com/il/chapter-765-property/il-st-sect-765-715-1/)).
Tenancy length gates North Dakota (nine months) and DC (twelve months). Time gates
Pennsylvania twice over: the escrow-interest duty starts only after the deposit’s
second anniversary, and the landlord skims 1 percent a year as an administrative
fee before the tenant sees the rest. New York’s landlord takes the same 1 percent
cut.

Dollar amounts gate Ohio and New Mexico. Ohio pays 5 percent, but only on the portion
of a deposit above $50 or one month’s rent, and only for tenancies of six months
or more. New Mexico’s duty switches on when an annual lease carries a deposit bigger
than one month’s rent, at which point the excess earns the passbook rate yearly.

Iowa and Florida gate the question in stranger ways. Iowa’s statute is blunt about
it: interest earned during the first five years of a tenancy is the landlord’s property,
so the right exists mostly on paper for a typical renter. Florida hands the decision
to the landlord, who may choose a non-interest account, an interest-bearing account,
or a surety bond under [Fla. Stat. 83.49(1)](https://www.flsenate.gov/Laws/Statutes/2023/83.49).
Choose the interest-bearing route and the tenant collects at least 75 percent of
the account’s average rate, or 5 percent simple, at the landlord’s election. Choose
either other route and no interest is owed at all.

## City Rules on Top of State Law

![City deposit interest ordinances in Chicago, Los Angeles, and San Francisco layered
on top of no-interest state law](https://i0.wp.com/clearlegaltips.com/wp-content/
uploads/2026/07/deposit-interest-06-city-rules.jpg?w=1290&ssl=1)

Three of the country’s biggest rental markets sit in “No” states and flipped the
answer locally. California has no statewide interest duty, yet Los Angeles requires
annual interest on deposits held at least a year for rent-stabilized units, at a
rate the city’s Rent Adjustment Commission sets, and San Francisco requires it for
deposits held over a year citywide, at a rate the Rent Board publishes each spring,
4.2 percent for the year beginning March 1, 2026.

Chicago is the third, and the oldest story. The city’s Residential Landlord and 
Tenant Ordinance obliges a landlord who holds a deposit more than six months to 
pay interest at a rate the comptroller announces each year, derived from actual 
savings and CD rates at Chicago banks. Illinois state law would only reach a 25-
unit building; the RLTO reaches nearly everything in the city limits.

The practical rule for tenants: a “No” in the state table is not the end of the 
question if you rent in a large city, and rent-controlled or rent-stabilized status
usually decides which local rule applies. Check the city ordinance before concluding
nobody owes you anything.

Interest deadlines are exactly the kind of small statutory clock that slips when
you manage more than one unit. DoorLoop tracks deposits, accounts, and move-out 
dates in one dashboard, so the anniversary payment your state’s statute expects 
never arrives late. It is management software, not a law firm; the rate and the 
rule still come from your row in the table above.

[Track deposits with DoorLoop →](https://clearlegaltips.com/go/doorloop)

## What the Interest Actually Comes To

![What security deposit interest comes to in dollars: modest annual checks whose
real value is the account and the paper trail](https://i0.wp.com/clearlegaltips.
com/wp-content/uploads/2026/07/deposit-interest-07-dollars.jpg?w=1290&ssl=1)

Honest expectations help here, because deposit interest is protection money, not
investment income. One worked example: a $1,500 deposit in Minnesota earns 1 percent
simple, which is $15 a year. The same deposit under Massachusetts’ 5 percent benchmark
would be $75 a year. Real money over a five-year tenancy, not life-changing in either
state.

The reason these statutes matter is not the size of the check. It is what the duty
forces: a named account, an annual accounting, a paper trail, a number the tenant
can check against a bank statement. In the states that mandate interest, deposits
rarely vanish into a landlord’s operating cash, because the law makes commingling
visible. The interest is the receipt.

## Methodology: How Every Row Was Verified

![Methodology: every deposit interest statute verified in July 2026, with negative
rows cross-checked against the deposit limits dataset](https://i0.wp.com/clearlegaltips.
com/wp-content/uploads/2026/07/deposit-interest-08-methodology.jpg?w=1290&ssl=1)

Every “Yes” and “Conditional” row in this security deposit interest by state table
was verified directly against the state statute in July 2026, with the rate mechanism,
the payment timing, and each condition traced to statutory text. Official legislature
sites were used wherever they permit access; where a state’s site blocks automated
readers, the statute text was verified in a browser and cross-checked against a 
legal database reproduction of the same section.

The “No” rows rest on two layers. Each state’s deposit statute was already read 
in full for our limits-and-deadlines dataset, the sibling page to this one, in July
2026; for this page we additionally re-read the deposit statutes of the six most
populous “No” states, California, Texas, Washington ([RCW 59.18.280](https://app.leg.wa.gov/rcw/default.aspx?cite=59.18.280)),
Colorado, Georgia, and Arizona, confirming no interest provision exists, and confirmed
that Virginia’s former interest rule has dropped out of the current code. Index-
based rates are deliberately cited by mechanism rather than this year’s percentage,
since those numbers reset annually. This dataset joins our January refresh cycle
alongside the limits page.

## Cite or Download This Data

![How to cite or download the security deposit interest dataset: CC-BY 4.0 license
with a CSV of statutes and source URLs](https://i0.wp.com/clearlegaltips.com/wp-
content/uploads/2026/07/deposit-interest-09-cite-download.jpg?w=1290&ssl=1)

Reporters, housing researchers, property managers, and anyone building a rent tool
are welcome to this table. The security deposit interest by state dataset is published
under a CC-BY 4.0 license: reuse it freely, in any format, with a link back to this
page as the source.

**Suggested citation:** “Security Deposit Interest by State (2026), ClearLegalTips,
verified against state statutes, July 2026.” — **Dataset:** download the full table
as a [CSV file](https://clearlegaltips.com/wp-content/uploads/2026/07/security-deposit-interest-by-state-2026.csv)
with statute citations and source URLs, licensed CC-BY 4.0. — **Companion data:**
deposit caps and return deadlines live on our [security deposit limits by state](https://clearlegaltips.com/security-deposit-limits-by-state/)
page.

## Collecting the Interest You Are Owed, or Paying It Right

![Collecting deposit interest as a tenant with a written statute-cited request, 
or paying it right as a landlord with the account and calendar set up](https://i0.
wp.com/clearlegaltips.com/wp-content/uploads/2026/07/deposit-interest-10-collect-
pay.jpg?w=1290&ssl=1)

Tenants first. If your state or city is in the Yes or Conditional group and the 
checks never came, the ask starts on paper: a short written request citing the statute
from the table above, with your tenancy dates and deposit amount. What happens in
practice: most landlords pay once the statute is quoted at them, because the amounts
are small and the penalties for deposit games in these states are not. If the deposit
itself is being held past your state’s deadline, that is the bigger fight, and our
[security deposit demand letter](https://clearlegaltips.com/security-deposit-demand-letter-template-get-deposit-back-2026/)
covers it.

Landlords, the compliance version is short. Find your row. If interest is owed, 
open the account type your statute names, calendar the payment date, the anniversary
in Connecticut, year-end in Massachusetts, and keep the accounting with the lease
file. Write the arrangement into the lease itself, from the account type through
the payment schedule, so nobody reconstructs it from memory at move-out. A [residential lease](https://clearlegaltips.com/basic-residential-lease-agreement-template/)
with the deposit terms spelled out, paired with a clean [return letter](https://clearlegaltips.com/security-deposit-return-letter-template/)
at the end, closes the loop the way these statutes intend.

None of this is glamorous law. It is bookkeeping with a statute behind it. But deposit
interest is also the rare rule where compliance costs a landlord almost nothing 
and the failure mode, an angry tenant with a statute citation and a small-claims
form, costs far more than the check ever would have. Six states and a growing list
of cities have decided the tenant’s money should work for the tenant. The table 
above tells you, in one look, whether yours is one of them.

The cleanest deposit-interest setup is written into the lease on day one, from the
account type through the payment schedule. LawDepot’s builder walks you through 
a state-specific lease with the deposit terms spelled out, so the arrangement is
on paper before the first dollar changes hands. You supply your state’s rule; the
tool keeps the clauses in order.

[Build a state-specific lease →](https://clearlegaltips.com/go/lawdepot-realestate)

## Frequently Asked Questions

### Which states require landlords to pay interest on security deposits?

The security deposit interest by state split has three tiers. Six states require
it outright: New Jersey, Massachusetts, Minnesota, Maryland, Connecticut, and New
Hampshire. Nine more jurisdictions attach conditions, New York (buildings of six
or more units), Illinois (25-plus units), Pennsylvania (after the second year), 
Ohio (only the excess over $50 or a month’s rent), North Dakota (nine-month tenancies),
the District of Columbia (twelve months), New Mexico (annual leases with deposits
over a month’s rent), Iowa (only after five years), and Florida (only when the landlord
picks an interest-bearing account). The remaining 36 states require nothing statewide,
though Chicago, Los Angeles, and San Francisco impose interest by city ordinance.

### How much interest does a landlord owe on a security deposit?

The rate depends entirely on the statute. Minnesota fixes it at 1 percent simple
per year. Massachusetts benchmarks 5 percent, or the bank’s actual rate if lower.
Maryland owes the greater of the one-year Treasury yield or 1.5 percent. Connecticut
publishes a deposit index annually, New Hampshire uses the holding bank’s regular-
savings rate, and New Jersey passes through whatever the required account earns.
On a typical deposit the dollars are modest; the accounting duty that travels with
them is the real teeth of these laws.

### When does deposit interest have to be paid?

Timing is statutory too, and it varies. Connecticut credits or pays on each tenancy
anniversary. Massachusetts pays at the end of each year of the tenancy. New Jersey
requires an annual accounting, with interest paid in cash or applied to rent. The
District of Columbia pays out at the end of the tenancy, once it has lasted twelve
months or more, and Ohio computes and pays annually on the qualifying excess. Where
a statute is silent on timing, the safe practice is an annual payment with a written
statement, then a final reconciliation when the deposit goes back.

### Do small landlords have to pay interest on deposits?

Sometimes the building answers it. New York’s duty reaches buildings of six or more
units, and Illinois’ statute reaches only buildings or complexes of 25 or more, 
so a single-family rental in either state carries no statutory interest duty. Other
interest states draw no such line: Minnesota, Massachusetts, Maryland, Connecticut,
New Hampshire, and New Jersey apply to landlords generally, whatever the portfolio
size. City ordinances tend to sweep broadly as well. The conditions column of the
table is the place to check before assuming an exemption.

### My state has no interest law. Can my city require it anyway?

Yes, and three big ones do. California has no statewide rule, yet Los Angeles requires
annual interest on rent-stabilized deposits held a year, and San Francisco requires
it for deposits held over a year, at a rate the Rent Board resets each March. Chicago
sits in the same pattern: Illinois state law reaches only 25-unit buildings, while
the city’s landlord-tenant ordinance obliges interest on deposits held more than
six months at an annually announced rate. Renters in large cities should read the
local ordinance before accepting a No from the state table.

### What should a tenant do if the landlord never paid deposit interest?

Start with a short written request that cites your state’s statute from the table,
your tenancy dates, the deposit amount, and any interest already received, and ask
for the balance with the next rent cycle or the deposit return. Most landlords pay
at that point, because the statute does the arguing. If the deposit itself is overdue,
fold the interest into a formal demand letter, since the remedies for withheld deposits
generally cover the whole amount owed. Small claims court is the backstop, and in
interest states the citation carries most of the case.

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### Related Articles

 * [Security Deposit Limits by State (2026)](https://clearlegaltips.com/security-deposit-limits-by-state/)
 * [Free Security Deposit Return Letter Template](https://clearlegaltips.com/security-deposit-return-letter-template/)
 * [Free Security Deposit Demand Letter Template](https://clearlegaltips.com/security-deposit-demand-letter-template-get-deposit-back-2026/)
 * [Landlord Tax Deductions (2026): The Schedule E Guide](https://clearlegaltips.com/landlord-tax-deductions/)
 * [Security Deposit Calculator: Max Deposit by State (2026)](https://clearlegaltips.com/security-deposit-calculator/)

### Sources & References

 * [codes.findlaw.com](https://codes.findlaw.com/ct/title-47a-landlord-and-tenant/ct-gen-st-sect-47a-21/)
 * [revisor.mn.gov](https://www.revisor.mn.gov/statutes/cite/504B.178)
 * [codes.findlaw.com](https://codes.findlaw.com/nj/title-46-property/nj-st-sect-46-8-19/)
 * [codes.findlaw.com](https://codes.findlaw.com/ma/part-ii-real-and-personal-property-and-domestic-relations-ch-183-210/ma-gen-laws-ch-186-sect-15b/)
 * [codes.findlaw.com](https://codes.findlaw.com/md/real-property/md-code-real-prop-sect-8-203/)
 * [codes.findlaw.com](https://codes.findlaw.com/oh/title-liii-real-property/oh-rev-code-sect-5321-16/)
 * [codes.findlaw.com](https://codes.findlaw.com/nm/chapter-47-property-law/nm-st-sect-47-8-18/)
 * [codes.findlaw.com](https://codes.findlaw.com/nd/title-47-property/nd-cent-code-sect-47-16-07-1/)
 * [codes.findlaw.com](https://codes.findlaw.com/pa/title-68-ps-real-and-personal-property/pa-st-sect-68-250-511b/)
 * [gc.nh.gov](https://gc.nh.gov/rsa/html/LV/540-A/540-A-6.htm)
 * [codes.findlaw.com](https://codes.findlaw.com/ny/general-obligations-law/gob-sect-7-103/)
 * [codes.findlaw.com](https://codes.findlaw.com/il/chapter-765-property/il-st-sect-765-715-1/)
 * [codes.findlaw.com](https://codes.findlaw.com/ia/title-xiv-property-chs-555-594a/ia-code-sect-562a-12/)
 * [flsenate.gov](https://www.flsenate.gov/Laws/Statutes/2023/83.49)
 * [dcrules.elaws.us](http://dcrules.elaws.us/dcmr/14-311)
 * [depositlaw.com](https://www.depositlaw.com/080)
 * [depositlaw.com](https://www.depositlaw.com/081)
 * [codelibrary.amlegal.com](https://codelibrary.amlegal.com/codes/los_angeles/latest/lamc/0-0-0-195527)
 * [sftu.org](https://sftu.org/2026/01/21/new-interest-rate-for-security-deposits-effective-3-1-24/)
 * [codes.findlaw.com](https://codes.findlaw.com/ca/civil-code/civ-sect-1950-5/)
 * [codes.findlaw.com](https://codes.findlaw.com/tx/property-code/prop-sect-92-103/)
 * [app.leg.wa.gov](https://app.leg.wa.gov/rcw/default.aspx?cite=59.18.280)
 * [codes.findlaw.com](https://codes.findlaw.com/co/title-38-property-real-and-personal/co-rev-st-sect-38-12-103/)
 * [codes.findlaw.com](https://codes.findlaw.com/ga/title-44-property/ga-code-sect-44-7-31/)
 * [codes.findlaw.com](https://codes.findlaw.com/az/title-33-property/az-rev-st-sect-33-1321/)
 * [codes.findlaw.com](https://codes.findlaw.com/va/title-55-1-property-and-conveyances/va-code-sect-55-1-1226/)

_Fact-checked: August 2026_

**Legal Disclaimer:** This article is general information, not legal advice. ClearLegalTips
is not a law firm and does not provide legal representation. Laws vary by state 
and change over time. For guidance on your specific situation, consult a licensed
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