Lease Snipe

Georgia Deposit Interest Rules

no interest required

Georgia 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 Georgia law database (last updated 2024-01-01). Not legal advice.

How Georgia compares

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

StateDeposit Interest Rules
Georgiano interest required
Hawaiino interest required
Idahono interest required
Illinoisinterest required (buildings with 25+ units)
Indianano interest required

Frequently asked questions

Do landlords have to pay interest on security deposits in Georgia?
No statewide statute requires it in Georgia, though local ordinances or your lease can add the obligation. No statutory limit on deposit amount. Must be returned within 30 days. Landlords with 10+ units must use escrow account or surety bond. Must provide written list of damages within 3 days of lease start. Penalty of up to 3x deposit plus attorney fees for wrongful withholding.
How large can the deposit itself be in Georgia?
Georgia sets no statewide statutory maximum on the deposit amount — it is negotiated in the lease.
When do I get my security deposit back in Georgia?
Generally within 30 days (60 for military tenants) after move-out.

Check Your Lease Against Georgia Law

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More Georgia lease law guides

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