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Maryland security deposit law

The state rules a landlord in Maryland has to follow for a residential security deposit, from Md. Code, Real Property 8-203.

Maximum deposit
One month's rent (two months only in a narrow utility-assistance case).
Deadline to return it
Within 45 days after the tenancy ends.
Itemized deductions
Written list of damages claimed with an itemized statement of costs, sent by first-class mail within 45 days.
Interest on the deposit
Yes: simple interest at the greater of the 1-year U.S. Treasury rate or 1.5% a year, only if held 6 months or more and the deposit is $50 or more.
Penalty for wrongful withholding
Up to three times the amount withheld plus attorney fees if withheld without a reasonable basis; landlord loses the right to keep any for damages if the list is not sent.

Before you keep any part of a deposit

Working out the last month's rent? The prorated rent calculator does the partial-month math.

Source

Verification status: verified summary. Research date: November 5, 2026. Statute: Md. Code, Real Property 8-203. Source: mgaleg.maryland.gov.

General information, not legal advice. Cities and counties can add stricter rules, and laws change. Check the current statute or a local attorney before you act.

Other states: Maine · Massachusetts · all states

Last updated November 5, 2026.