Mississippi Security Deposit Limit
no statutory limitMississippi has no statewide statutory cap on residential security deposits — the amount is a matter of contract between you and the landlord. That makes reviewing the deposit clause in your lease especially important.
Educational information: generated from our Mississippi law database (last updated 2024-01-01). Not legal advice.
How Mississippi 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 Mississippi compares with other states in our database.
Frequently asked questions
- How much can a landlord charge for a security deposit in Mississippi?
- Mississippi sets no statewide statutory maximum on security deposits, so the amount is negotiated in the lease. Mississippi is one of 21 US jurisdictions without a statewide deposit cap. No statutory limit on deposit amount (typically 1-2 months). Return within 45 days with itemized deductions. Penalty for non-compliance: up to $200. Not required to hold in separate account.
- Does Mississippi require landlords to pay interest on security deposits?
- No. Mississippi 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 Mississippi?
- Mississippi landlords generally must return the deposit within 45 days after move-out.
Check Your Lease Against Mississippi Law
Not sure whether your lease complies with Mississippi 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.
Analyze My Lease FreeEducational tool — not legal advice. First analysis is free, no signup required.
More Mississippi lease law guides
Educational information generated from state statute data — not legal advice. Consult a licensed attorney in Mississippi for your specific situation.