Security Deposit Limits
What is the maximum I can charge for my security deposit?
Each state has different laws pertaining to security deposits for their rental properties. Below we have listed a chart to help you determine the limits in your rental property's state:
State | Limit |
Alabama | One month's rent, except for pet deposits, deposits to cover undoing tenant's alterations, deposits to cover tenant activities that pose increased liability risks |
Alaska | Two months' rent, unless rent exceeds $2,000 per month. Landlord may ask for an additional month's rent as deposit for a pet that is not a service animal, but may use it only to remedy pet damage. |
Arizona | One and one-half months' rent |
Arkansas | Two months' rent |
California | Two months' rent (unfurnished); three months' rent (furnished). Add extra one-half month's rent for waterbed |
Colorado | No statutory limit |
Connecticut | Two months' rent (tenant under 62 years of age); one month's rent (tenant 62 years of age or older) |
Delaware | One month's rent on leases for one year or more; no limit for month-to-month rental agreements (may require additional pet deposit of up to one month's rent). No limit for rental of furnished units. Tenant may offer to supply a surety bond in lieu of or in conjunction with a deposit, which landlord may elect to receive. |
District of Columbia | One month's rent |
Florida | No statutory limit |
Georgia | No statutory limit |
Hawaii | One month's rent; Landlord may require an additional one month's rent as security deposit for tenants who keep a pet |
Idaho | No statutory limit |
Illinois | No statutory limit |
Indiana | No statutory limit |
Iowa | Two months' rent |
Kansas | One month's rent (unfurnished); one and one-half month's rent (furnished); for pets, add extra one-half month's rent |
Kentucky | No statutory limit |
Louisiana | No statutory limit |
Maine | Two months' rent |
Maryland | Two months' rent |
Massachusetts | One month's rent |
Michigan | One and one-half months' rent |
Minnesota | No statutory limit |
Mississippi | No statutory limit |
Missouri | Two months' rent |
Montana | No statutory limit |
Nebraska | One month's rent (no pets); one and one-quarter months' rent (pets) |
Nevada | Three months' rent; if both landlord and tenant agree, tenant may use a surety bond for all or part of the deposit. |
New Hampshire | One month's rent or $100, whichever is greater; no limit when landlord and tenant share facilities |
New Jersey | One and one-half month's rent. Any additional security deposit, collected annually, may be no greater than 10% of the current security deposit. |
New Mexico | One month's rent (for rental agreement of less than one year); no limit for leases of one year or more |
New York | No statutory limit (for non-regulated units) |
North Carolina | One and one-half months' rent for month-to-month rental agreements; two months' rent if term is longer than two months; may add an additional "reasonable," nonrefundable pet deposit. |
North Dakota | One month's rent (or if tenant has a pet, not to exceed the greater of $2,500 or amount equal to two months' rent) |
Ohio | No statutory limit |
Oklahoma | No statutory limit |
Oregon | No statutory limit |
Pennsylvania | Two months' rent for first year of renting; one month's rent during second and subsequent years of renting |
Rhode Island | One month's rent |
South Carolina | No statutory limit |
South Dakota | One month's rent (higher deposit may be charged if special conditions pose a danger to maintenance of the premises) |
Tennessee | No statutory limit |
Texas | No statutory limit |
Utah | No statutory limit |
Vermont | No statutory limit |
Virginia | Two months' rent |
Washington | No statutory limit |
West Virginia | No statutory limit |
Wisconsin | No statutory limit |
Wyoming | No statutory limit |
If you have any questions about security deposits, please contact your landlord/tenant attorney.
If you would like to view the original chart, please click here: http://www.nolo.com/legal-encyclopedia/chart-security-deposit-limits-state-29020.html