Landlord Tools

Rhode Island Security Deposit Law

What landlords in Rhode Island need to know about deposit limits, refund deadlines, interest, and penalties for getting it wrong.

Deposit cap

1 month's rent

Refund deadline

20 days

Interest required?

No

No statewide interest requirement.

Separate account?

Not required

Penalty for noncompliance

Wrongful withholding can result in up to twice the amount withheld.

Statute: R.I. Gen. Laws § 34-18-19

This page summarizes general state-level rules as of 2026 and does not cover city or county ordinances, which can be stricter. Verify against the statute cited above or with a local attorney before relying on it. See all states.