Security deposit interest in Maine
Verified against 14 M.R.S. § 6032 (deposits generally, §§ 6031-6038) and agency sources on 2026-07-04. Not legal advice.
Maine does not require landlords to pay interest on security deposits.
- Statute: 14 M.R.S. § 6032 (deposits generally, §§ 6031-6038) · primary source
No interest for standard residential rentals. Mobile home park lot deposits are treated differently under Maine's manufactured-housing law and are the reason Maine appears on some 'interest' lists.
Security deposit interest calculator
Frequently asked questions
Do landlords have to pay interest on security deposits in Maine?
No — Maine law (14 M.R.S. § 6032 (deposits generally, §§ 6031-6038)) does not require deposit interest.
Anything else Maine landlords should know about deposit interest?
No interest for standard residential rentals. Mobile home park lot deposits are treated differently under Maine's manufactured-housing law and are the reason Maine appears on some 'interest' lists.
Deposit interest in other states
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Related: rent increase rules in Maine · prorated rent calculator