Mississippi Security Deposit Law (2026): Deadlines, Interest & Penalties
Mississippi law gives landlords a hard deadline: the security deposit must be returned within 45 days of move-out, per Miss. Code § 89-8-21. On top of the deposit itself, the landlord is not required to pay interest on the deposit. Landlords who blow the deadline face actual damages. Enter your deposit details above to check your numbers.
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Mississippi Deposit Rules at a Glance
| Return deadline | 45 days after move-out Standard deadline applies. |
|---|---|
| Interest on deposit | Not required |
| Separate account required | No |
| Deposit limit | No limit |
| Penalty for violations | Actual damages |
Mississippi Security Deposit FAQ
How long does a landlord have to return a security deposit in Mississippi?
In Mississippi, a landlord must return the security deposit within 45 days after the tenancy ends, under Miss. Code § 89-8-21. Note: Standard deadline applies..
Does my landlord owe me interest on my security deposit in Mississippi?
No. Mississippi law does not require landlords to pay interest on residential security deposits.
What is the penalty if a landlord misses the deposit deadline in Mississippi?
Actual damages. The governing statute is Miss. Code § 89-8-21.
Is there a limit on how much a landlord can charge as a security deposit in Mississippi?
Yes. In Mississippi, the security deposit is limited to No limit.
Does a Mississippi landlord have to keep my deposit in a separate account?
No. Mississippi law does not require landlords to hold security deposits in a separate or escrow account.
Are there exceptions to the 45-day deposit deadline in Mississippi?
Yes — the deadline can vary: Standard deadline applies.. When in doubt, check the statute itself (Miss. Code § 89-8-21) or ask a local tenant-rights organization.
What can I do if my landlord won't return my deposit in Mississippi?
First, send a written demand letter citing Miss. Code § 89-8-21 — our free generator creates one with your amounts filled in. If the landlord still doesn't pay, you can usually file in small claims court, where the penalty exposure is actual damages.