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2025 Data Report

Average Security Deposit by State

Complete guide to security deposit limits, averages, and refund timelines for all 50 states

50 States Updated: 2025

$1,870

National Average Deposit

1.1

Months Rent (Average)

27

States with Deposit Limits

Security Deposit Limits by State (2025)

State Maximum Deposit Return Timeline Interest Required
AlabamaNo limit60 daysNo
Alaska2 months rent14-30 daysNo
Arizona1.5 months rent14 daysNo
ArkansasNo limit60 daysNo
California2 months (unfurnished)21 daysNo
ColoradoNo limit30 daysNo
Connecticut2 months rent30 daysYes (if held 6+ months)
Delaware1 month rent20 daysNo
FloridaNo limit15-30 daysYes (if held 30+ days)
GeorgiaNo limit30 daysNo
Hawaii1 month rent14 daysNo
IdahoNo limit21-30 daysNo
IllinoisNo limit30-45 daysYes (25+ units)
IndianaNo limit45 daysNo
Iowa2 months rent30 daysYes (if held 5+ years)
Kansas1 month (unfurnished)30 daysNo
KentuckyNo limit30-60 daysNo
LouisianaNo limit30 daysNo
Maine2 months rent30 daysNo
Maryland2 months rent45 daysYes (if held 6+ months)
Massachusetts1 month rent30 daysYes
Michigan1.5 months rent30 daysNo
MinnesotaNo limit21 daysYes (after 1 year)
MississippiNo limit45 daysNo
MissouriNo limit30 daysNo
MontanaNo limit10-30 daysNo
NebraskaNo limit14 daysNo
Nevada3 months rent30 daysNo
New Hampshire1 month rent30 daysNo
New Jersey1.5 months rent30 daysYes
New MexicoNo limit30 daysNo
New York1 month rent14 daysYes
North Carolina2 months rent30 daysYes (if 9+ units)
North Dakota1 month rent30 daysNo
OhioNo limit30 daysNo
OklahomaNo limit45 daysNo
OregonNo limit31 daysNo
Pennsylvania2 months (1st year)30 daysYes (after 2 years)
Rhode Island1 month rent20 daysNo
South CarolinaNo limit30 daysNo
South Dakota1 month rent14 daysNo
TennesseeNo limit30 daysNo
TexasNo limit30 daysNo
UtahNo limit30 daysNo
VermontNo limit14 daysNo
Virginia2 months rent45 daysNo
WashingtonNo limit21 daysNo
West VirginiaNo limitNone specifiedNo
WisconsinNo limit21 daysNo
WyomingNo limit30 daysNo

Key Findings

States with Strictest Limits
  1. New York: 1 month max, 14-day return, interest required
  2. Massachusetts: 1 month max, interest in escrow
  3. Delaware: 1 month max, 20-day return
  4. Hawaii: 1 month max, 14-day return
  5. New Hampshire: 1 month max (or $100, whichever greater)
States with No Limits

23 states have no statutory limit on security deposits:

Alabama, Arkansas, Colorado, Florida, Georgia, Idaho, Illinois, Indiana, Kentucky, Louisiana, Minnesota, Mississippi, Missouri, Nebraska, New Mexico, Ohio, Oklahoma, South Carolina, Tennessee, Texas, Utah, West Virginia, Wyoming

Frequently Asked Questions

The national average security deposit is approximately 1.1 months of rent, or about $1,870 based on average U.S. rent prices. However, this varies significantly by state and city. In high-cost areas like California and New York, deposits can be $3,000-$5,000 or more.

23 states have no statutory limit on security deposits: Alabama, Arkansas, Colorado, Florida, Georgia, Idaho, Illinois, Indiana, Kentucky, Louisiana, Minnesota, Mississippi, Missouri, Nebraska, New Mexico, Ohio, Oklahoma, South Carolina, Tennessee, Texas, Utah, West Virginia, and Wyoming.

New York has the strictest security deposit laws as of 2025. Deposits are limited to 1 month's rent for most apartments, must be held in interest-bearing accounts, and must be returned within 14 days.

Calculate Your Expected Deposit

Use our free calculator to estimate security deposit costs based on your state.

Move-In Cost Calculator Security Deposit FAQ

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