In Missouri, landlords can charge up to two months' rent.
Security deposit rules in {{ state }}
Limit: In Missouri, landlords may collect a tenant security deposit of up to two months’ rent. Charging more than this limit is prohibited under state law, regardless of the tenant’s rental history, credit score, or pet ownership. The total tenant deposit must be clearly stated in the lease agreement, and it is recommended that landlords use a dedicated security deposit bank account in Missouri to ensure compliance and transparency.
Return Deadline: The landlord must return the tenant security deposit, along with an itemized list of deductions, within 30 days after the tenant vacates the rental property. If deductions are made, the landlord must provide written documentation detailing all damages and repair costs. Failure to return the tenant deposit or provide the required documentation within 30 days can make the landlord liable for double the amount wrongfully withheld, plus court costs.
Acceptable Deductions: The tenant security deposit may be used to cover unpaid rent, late fees, damages beyond normal wear and tear, cleaning costs necessary to restore the unit to its original condition, and expenses arising from a tenant’s breach of lease. The landlord must provide itemized receipts or estimates for all deductions made from the tenant deposit.
Where to Deposit: Missouri law requires landlords to hold tenant security deposits in a separate trust account at a federally insured financial institution located in the state. The account cannot be commingled with the landlord’s personal or business funds. While landlords are not required to pay interest on the deposit, maintaining a proper security deposit escrow account in Missouri or a landlord tenant security deposit bank account in Missouri ensures compliance with state law and provides clear documentation of all tenant funds.
