Deposit rules / Louisiana

Louisiana security deposit rules

Louisiana sets no statutory limit on the size of a security deposit. The deposit must be returned within one month after the lease terminates, with an itemized statement for any amount retained. Effective 2026-08-01 (Act 63 of 2026, HB 292), the itemized statement may be sent within one month or within 15 days after the date that is one month after termination.. No interest is owed on the deposit under state law.

Maximum deposit
No limit
No statutory limit
Return deadline
30 days
Within one month after the lease terminates, with an itemized statement for any amount retained. Effective 2026-08-01 (Act 63 of 2026, HB 292), the itemized statement may be sent within one month or within 15 days after the date that is one month after termination.
Interest
Not required
Statute

What the law requires

La. R.S. 9:3251

No statutory limit. Returned Within one month after the lease terminates, with an itemized statement for any amount retained. Effective 2026-08-01 (Act 63 of 2026, HB 292), the itemized statement may be sent within one month or within 15 days after the date that is one month after termination.. Willful failure to comply exposes landlord to actual damages or $300, whichever is greater, plus fees (R.S. 9:3252 - not read in this pass). No cap and no interest requirement. Statute text read on FindLaw mirror (current as of 2023-01-01) and via legis.la.gov search snippet; the official page https://legis.la.gov/Legis/Law.aspx?d=107468 could not be fetched. 2026 Act 63 (HB 292) amendment to 9:3251(A) effective 2026-08-01 confirmed only via secondary source (leaselenses.com) and the legis.la.gov bill listing.

Move-out checklist

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Frequently asked questions

How much can a landlord charge for a security deposit in Louisiana?

There is no statutory cap in Louisiana; the market and the lease decide. Willful failure to comply exposes landlord to actual damages or $300, whichever is greater, plus fees (R.S. 9:3252 - not read in this pass). No cap and no interest requirement. Statute text read on FindLaw mirror (current as of 2023-01-01) and via legis.la.gov search snippet; the official page https://legis.la.gov/Legis/Law.aspx?d=107468 could not be fetched. 2026 Act 63 (HB 292) amendment to 9:3251(A) effective 2026-08-01 confirmed only via secondary source (leaselenses.com) and the legis.la.gov bill listing.

How long does a landlord have to return a security deposit in Louisiana?

Within one month after the lease terminates, with an itemized statement for any amount retained. Effective 2026-08-01 (Act 63 of 2026, HB 292), the itemized statement may be sent within one month or within 15 days after the date that is one month after termination.. The statute is La. R.S. 9:3251.

Does a Louisiana landlord have to pay interest on the security deposit?

No. Louisiana law does not require interest on residential security deposits.

Deposit rules in other states