Do landlords have to pay interest on security deposits in Connecticut?

Yes — Connecticut law requires interest on held security deposits in covered rentals. Maximum 2 months rent for tenants under 62, 1 month for tenants 62+. Must be held in escrow at CT financial institution. Interest paid annually (0.55% in 2024). Return within 21 days. Double damages for non-compliance.

How large can the deposit itself be in Connecticut?

Connecticut generally allows at most 2 months' rent (tenants under 62) as a security deposit.

When do I get my security deposit back in Connecticut?

Generally within 21 days after move-out, together with any interest owed.

Connecticut Deposit Interest Rules

interest required

Connecticut is one of 14 US jurisdictions that require landlords to pay interest on security deposits in covered rentals — the FAQ below covers which tenancies qualify. If your lease is silent about interest, the statutory obligation still applies where it covers you.

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

How Connecticut compares

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

State	Deposit Interest Rules
Connecticut	interest required
Delaware	no interest required
District of Columbia	interest required (deposits held 12+ months)
Florida	no interest required
Georgia	no interest required

Frequently asked questions

Do landlords have to pay interest on security deposits in Connecticut?: Yes — Connecticut law requires interest on held security deposits in covered rentals. Maximum 2 months rent for tenants under 62, 1 month for tenants 62+. Must be held in escrow at CT financial institution. Interest paid annually (0.55% in 2024). Return within 21 days. Double damages for non-compliance.
How large can the deposit itself be in Connecticut?: Connecticut generally allows at most 2 months' rent (tenants under 62) as a security deposit.
When do I get my security deposit back in Connecticut?: Generally within 21 days after move-out, together with any interest owed.

Check Your Lease Against Connecticut Law

Not sure whether your lease complies with Connecticut 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 Connecticut lease law guides

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