General information only, not legal advice. Laws change. Verify requirements with a licensed attorney or the statute before acting. Last reviewed: June 2026.
Security Deposit · MD
Maryland security deposit law
Key rules for landlords and tenants in Maryland, cited to Md. Code, Real Prop. § 8-203.
At a glance
- Max deposit
- 1 month's rent (for leases signed on/after October 1, 2024); 2 months for prior leases
- Return deadline
- 45 days after move-out
- Interest required
- Yes (Interest at 1.5% per year (simple) or the one-year U.S. Treasury yield rate as of January 1, whichever is greater)
- Statute
- Md. Code, Real Prop. § 8-203
- Last reviewed
- June 2026
Frequently asked questions
What is the maximum security deposit in Maryland?
1 month's rent (for leases signed on/after October 1, 2024); 2 months for prior leases. (Md. Code, Real Prop. § 8-203, last reviewed June 2026.)
How long does a landlord have to return a security deposit in Maryland?
45 days after move-out. The landlord must provide an itemized statement of any deductions. Failure to return on time may entitle the tenant to penalties under Md. Code, Real Prop. § 8-203.
Is interest required on security deposits in Maryland?
Yes. Interest at 1.5% per year (simple) or the one-year U.S. Treasury yield rate as of January 1, whichever is greater
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