Security deposit laws by state › Colorado

Colorado Security Deposit Law and Move-In Costs (2026)

Colorado caps the security deposit at 2 months' rent and requires it back within 30 days (or 60 days in the cases noted) with an itemized statement of deductions.

The rules

  • Maximum deposit: 2 months' rent — Two months' rent since 2023 (SB23-184). Pet deposit capped separately at $300, or pet rent of the greater of 1.5% of rent or $35/month.
  • Return deadline: 30 days (or 60 days in the cases noted). One month by default; the lease may extend it to a maximum of 60 days.
  • Interest: Not required.
  • Separate account: Not required.
  • Itemized deductions: Required with the refund.
  • Application fee: Actual cost of screening only; same fee for every applicant..

Statute: C.R.S. §38-12-102 to 104. As of October 25, 2026.

Move-in cash at $1,500/month

First month's rent$1,500
Security deposit (one month, typical)$1,500
Application fee$40
Utilities and setup$150
Movers$400
Renters insurance$15
Total$3,605

The most a Colorado landlord may demand as a deposit on this rent is $3,000.

Run your own numbers for Colorado

Getting the deposit back

Document the unit's condition at move-in with dated photos, give proper notice before leaving, return the keys, and hand the landlord a forwarding address in writing — in Colorado and most states the return clock does not start until the landlord can reach you. Normal wear and tear cannot be deducted; damage, cleaning beyond normal use and unpaid rent can. If the deadline passes without a refund or itemized statement, small-claims court is the usual remedy, and many states add penalties of two or three times the deposit for bad-faith withholding.

Local rules

Cities and counties can add requirements on top of Colorado law — interest, caps, inspection rights, fee limits. Check your city's housing or rental-standards office before signing.

Sources

Last reviewed October 25, 2026.