Deposit rules / Arizona

Arizona security deposit rules

Arizona limits security deposits to 1.5 months' rent (security 'however denominated', including prepaid rent; tenant may voluntarily pay more). The deposit must be returned 14 business days (excluding Saturdays, Sundays and legal holidays) after termination of the tenancy, delivery of possession and demand by the tenant, with an itemised list of any deductions. No interest is owed on the deposit under state law.

Maximum deposit
1 month’ rent
1.5 months' rent (security 'however denominated', including prepaid rent; tenant may voluntarily pay more)
Return deadline
14 days
14 business days (excluding Saturdays, Sundays and legal holidays) after termination of the tenancy, delivery of possession and demand by the tenant
Interest
Not required
Statute

What the law requires

A.R.S. § 33-1321

1.5 months' rent (security 'however denominated', including prepaid rent; tenant may voluntarily pay more). Returned 14 business days (excluding Saturdays, Sundays and legal holidays) after termination of the tenancy, delivery of possession and demand by the tenant. Cap is exactly one and one-half months' rent; capMonths recorded as 1 because the field must be an integer. Any fee or deposit not designated in writing as nonrefundable is refundable (§ 33-1321(B)); no specific pet-deposit rule. Wrongful withholding = twice the amount wrongfully withheld. No interest requirement. No 2024-2026 amendments located.

Move-out checklist

Related Arizona rules

Frequently asked questions

How much can a landlord charge for a security deposit in Arizona?

1.5 months' rent (security 'however denominated', including prepaid rent; tenant may voluntarily pay more). Cap is exactly one and one-half months' rent; capMonths recorded as 1 because the field must be an integer. Any fee or deposit not designated in writing as nonrefundable is refundable (§ 33-1321(B)); no specific pet-deposit rule. Wrongful withholding = twice the amount wrongfully withheld. No interest requirement. No 2024-2026 amendments located.

How long does a landlord have to return a security deposit in Arizona?

14 business days (excluding Saturdays, Sundays and legal holidays) after termination of the tenancy, delivery of possession and demand by the tenant. The statute is A.R.S. § 33-1321.

Does a Arizona landlord have to pay interest on the security deposit?

No. Arizona law does not require interest on residential security deposits.

Deposit rules in other states