Louisiana Does Not Require Deposit Interest
Louisiana landlords are not required to pay interest on your security deposit. But that does not mean they can do whatever they want with it.
Louisiana does not require landlords to pay interest on security deposits. However, landlords must return the deposit within one month of move-out under La. R.S. § 9:3251.
•Your Rights
What Your Louisiana Landlord Does Owe You
Interest or not, Louisiana law gives you real protections on your security deposit:
- Return deadline: one month. Your landlord has one month after you move out to return your deposit or provide an accounting of deductions.
- Itemized statement required. Your landlord cannot just keep part of your deposit — they must provide a written, itemized list of every deduction and its amount within one month.
- Penalties for violations. If your landlord misses the deadline or makes deductions the law doesn't allow, Louisiana courts can award you up to 3x the wrongfully withheld amount.
Louisiana landlords must return security deposits within one month of move-out under La. R.S. § 9:3251. Violations can result in up to 3x the wrongfully withheld amount.
•Full State Law
Louisiana Security Deposit Law — Full Breakdown
Return deadlines, allowed deductions, penalty multipliers, small claims limits — everything you need to know about Louisiana deposit law is on one page. Read the full Louisiana security deposit law breakdown.
More Louisiana Guides
●Frequently Asked Questions
Frequently Asked Questions
Does Louisiana require landlords to pay interest on security deposits?
No. Louisiana does not require landlords to pay interest on security deposits. However, your landlord must still return your deposit within one month of move-out under La. R.S. § 9:3251.
What is my landlord required to do with my deposit in Louisiana?
Your Louisiana landlord must return your deposit within one month after you move out. They must provide an itemized statement listing any deductions. Failure to comply can result in penalties.
What happens if my Louisiana landlord keeps my deposit?
If your landlord fails to return your deposit within one month, you can sue in small claims court for up to 3x the wrongfully withheld amount. In Louisiana, small claims court hears claims up to $5,000.
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DepositHawk is not a law firm and does not provide legal advice. Information and documents are for informational purposes only. No attorney-client relationship is created. Consult a licensed attorney for advice specific to your situation.