Deposit rules / Rhode Island

Rhode Island security deposit rules

Rhode Island limits security deposits to one month's periodic rent (plus a separate furniture deposit of up to one month's rent for furnished units where the furniture is worth $5,000 or more). The deposit must be returned itemized notice and refund within 20 days after the later of termination of the tenancy, delivery of possession, or the tenant providing a forwarding address, with an itemised list of any deductions. No interest is owed on the deposit under state law.

Maximum deposit
1 month’ rent
One month's periodic rent (plus a separate furniture deposit of up to one month's rent for furnished units where the furniture is worth $5,000 or more)
Return deadline
20 days
Itemized notice and refund within 20 days after the later of termination of the tenancy, delivery of possession, or the tenant providing a forwarding address
Interest
Not required
Statute

What the law requires

R.I. Gen. Laws § 34-18-19

One month's periodic rent (plus a separate furniture deposit of up to one month's rent for furnished units where the furniture is worth $5,000 or more). Returned Itemized notice and refund within 20 days after the later of termination of the tenancy, delivery of possession, or the tenant providing a forwarding address. Wrongful withholding: tenant may recover the amount due plus twice the amount wrongfully withheld and attorney fees. Text read via Wayback Machine copies (2022-2024) of the official webserver.rilin.state.ri.us pages; the official server was unreachable, so any 2025-2026 amendments to these sections would not be reflected.

Move-out checklist

Related Rhode Island rules

Frequently asked questions

How much can a landlord charge for a security deposit in Rhode Island?

One month's periodic rent (plus a separate furniture deposit of up to one month's rent for furnished units where the furniture is worth $5,000 or more). Wrongful withholding: tenant may recover the amount due plus twice the amount wrongfully withheld and attorney fees. Text read via Wayback Machine copies (2022-2024) of the official webserver.rilin.state.ri.us pages; the official server was unreachable, so any 2025-2026 amendments to these sections would not be reflected.

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

Itemized notice and refund within 20 days after the later of termination of the tenancy, delivery of possession, or the tenant providing a forwarding address. The statute is R.I. Gen. Laws § 34-18-19.

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

No. Rhode Island law does not require interest on residential security deposits.

Deposit rules in other states