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Alaska Deposit Interest Rules

no interest required

Alaska has no statewide requirement that landlords pay interest on security deposits (14 of 51 US jurisdictions do). Your lease may still promise interest — if it does, that promise is enforceable.

Educational information: generated from our Alaska law database (last updated 2024-01-01). Not legal advice.

How Alaska compares

14 of 51 US jurisdictions require landlords to pay interest on security deposits. Here is how Alaska compares with other states in our database.

StateDeposit Interest Rules
Alaskano interest required
Arizonano interest required
Arkansasno interest required
Californiano interest required
Coloradono interest required

Frequently asked questions

Do landlords have to pay interest on security deposits in Alaska?
No statewide statute requires it in Alaska, though local ordinances or your lease can add the obligation. Maximum 2 months rent (does not apply to units over $2,000/month). Additional 1 month allowed for pets (not service animals). Return within 14 days if no deductions, 30 days if deductions claimed. Non-refundable deposits are illegal. Must be held in trust account.
How large can the deposit itself be in Alaska?
Alaska generally allows at most 2 months' rent (units at $2,000/month or less) as a security deposit.
When do I get my security deposit back in Alaska?
Generally within 14–30 days after move-out.

Check Your Lease Against Alaska Law

Not sure whether your lease complies with Alaska law? Upload it and our analyzer flags problem clauses — deposit terms, entry rights, fees and prohibited provisions — using the same statute-backed database this page is generated from.

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More Alaska lease law guides

Educational information generated from state statute data — not legal advice. Consult a licensed attorney in Alaska for your specific situation.