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Cost by state

Typical residential security deposit amount a landlord holds and later accounts for on a return statement in Maryland (2026)

A typical Maryland range, the local factors behind it, and the tools to price your own project.

Reviewed for 2026, updated September 8, 2026.

$1,200
Typical low in Maryland
$2,900
Typical high in Maryland
+15%
Versus the national typical range

What drives the cost in Maryland

Maryland deposits run above the national typical range in the Washington suburbs of Montgomery and Prince George's counties and near Baltimore, and lower on the Eastern Shore and in western Maryland. State law recently reduced the deposit cap to about one month's rent as we understand it, requires interest at a state-set formula on deposits held more than a few months, sets a 45-day return window with itemized statements, gives tenants a right to attend the move-out inspection on request, and allows up to triple damages, so confirm the current rules. Humid summers and Chesapeake Bay exposure bring mold and moisture issues that are mostly climate driven.

Tips for Maryland buyers

  • Calculate interest with the state's published formula and show it as its own line; the rate changes, so do not reuse an old number.
  • Honor a tenant's written request to be present at the move-out inspection and schedule it within the statutory window.
  • Confirm the current cap before setting a deposit on a new lease, since the limit changed recently.

Ranges are hedged planning estimates derived from a national typical range and a local index, not quotes. A typical single deposit on a market-rate residential rental is commonly around one month's rent, which puts most deposits somewhere in this range; actual amounts vary widely with local rents, unit size, pets, and state caps, and this is a working reference rather than a survey figure.

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