Lease Snipe

Maine Security Deposit Limit

2 months' rent (most tenancies)

Maine generally caps residential security deposits at 2 months' rent (most tenancies) — the cap is not uniform. A lease demanding more than the cap that covers your situation may be unenforceable — the FAQ below covers the exact conditions.

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

How Maine compares

30 of 51 US jurisdictions cap security deposits by statute; the other 21 set no statewide cap (local caps can still apply in some cities). Here is how Maine compares with other states in our database.

StateSecurity Deposit Limit
Maine2 months' rent (most tenancies)
Maryland1 month's rent
Massachusetts1 month's rent
Michigan1.5 months' rent
Minnesotano statewide limit (local caps in some cities)

Frequently asked questions

How much can a landlord charge for a security deposit in Maine?
Maine generally limits security deposits to 2 months' rent (most tenancies). Maximum 2 months rent (1 month for elderly/disabled tenants). 3 months max for mobile home parks. Must be held in separate bank account. Return within 30 days (21 days if no written lease). Penalty: double deposit plus attorney fees.
Does Maine require landlords to pay interest on security deposits?
No. Maine does not have a statewide requirement that landlords pay interest on security deposits.
How long does a landlord have to return a security deposit in Maine?
Maine landlords generally must return the deposit within 21–30 days after move-out.

Check Your Lease Against Maine Law

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

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