Nevada Deposit Interest Rules
no interest requiredNevada 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 Nevada law database (last updated 2024-01-01). Not legal advice.
How Nevada compares
14 of 51 US jurisdictions require landlords to pay interest on security deposits. Here is how Nevada compares with other states in our database.
| State | Deposit Interest Rules |
|---|---|
| Nevada | no interest required |
| New Hampshire | interest required (deposits held 1+ year) |
| New Jersey | interest required |
| New Mexico | interest required (amounts over 1 month on longer leases) |
| New York | interest required (buildings with 6+ units) |
Frequently asked questions
- Do landlords have to pay interest on security deposits in Nevada?
- No statewide statute requires it in Nevada, though local ordinances or your lease can add the obligation. Maximum 3 months rent (including last month rent). Return within 30 days with itemized accounting. Wrongful withholding: 2x amount wrongfully withheld. Bad faith: up to $1,000 penalty.
- How large can the deposit itself be in Nevada?
- Nevada generally allows at most 3 months' rent as a security deposit.
- When do I get my security deposit back in Nevada?
- Generally within 30 days after move-out.
Check Your Lease Against Nevada Law
Not sure whether your lease complies with Nevada 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 Nevada lease law guides
Educational information generated from state statute data — not legal advice. Consult a licensed attorney in Nevada for your specific situation.