Deposit rules / Pennsylvania

Pennsylvania security deposit rules

Pennsylvania limits security deposits to two months' rent during the first year of the lease; one month's rent in the second and later years (no deposit increase required after five years of occupancy). The deposit must be returned written list of damages and refund of the balance (with any interest due) within 30 days of termination of the lease or surrender and acceptance of the premises, whichever first occurs, with an itemised list of any deductions. Pennsylvania is one of the states that requires interest on the deposit.

Maximum deposit
2 months’ rent
Two months' rent during the first year of the lease; one month's rent in the second and later years (no deposit increase required after five years of occupancy)
Return deadline
30 days
Written list of damages and refund of the balance (with any interest due) within 30 days of termination of the lease or surrender and acceptance of the premises, whichever first occurs
Interest
Required
Statute

What the law requires

68 P.S. § 250.511a; § 250.511b; § 250.512

Two months' rent during the first year of the lease; one month's rent in the second and later years (no deposit increase required after five years of occupancy). Returned Written list of damages and refund of the balance (with any interest due) within 30 days of termination of the lease or surrender and acceptance of the premises, whichever first occurs. Deposits over $100 must be escrowed in a regulated institution; after the second anniversary of the deposit the tenant is entitled to the interest annually, less a 1% per year administrative fee retained by the landlord (§ 250.511b). Landlord who fails to provide the 30-day list forfeits the right to withhold and is liable for double the deposit. Text read via Wayback Machine copy of the official legis.state.pa.us consolidated text (Landlord and Tenant Act of 1951).

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Related Pennsylvania rules

Frequently asked questions

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

Two months' rent during the first year of the lease; one month's rent in the second and later years (no deposit increase required after five years of occupancy). Deposits over $100 must be escrowed in a regulated institution; after the second anniversary of the deposit the tenant is entitled to the interest annually, less a 1% per year administrative fee retained by the landlord (§ 250.511b). Landlord who fails to provide the 30-day list forfeits the right to withhold and is liable for double the deposit. Text read via Wayback Machine copy of the official legis.state.pa.us consolidated text (Landlord and Tenant Act of 1951).

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

Written list of damages and refund of the balance (with any interest due) within 30 days of termination of the lease or surrender and acceptance of the premises, whichever first occurs. The statute is 68 P.S. § 250.511a; § 250.511b; § 250.512.

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

Yes, in the circumstances set out in 68 P.S. § 250.511a; § 250.511b; § 250.512. See the Pennsylvania deposit interest calculator for the rate and the rules.

Deposit rules in other states