Security deposit interest in Oregon
Verified against ORS 90.300 and agency sources on 2026-07-04. Not legal advice.
No interest required
Oregon does not require landlords to pay interest on security deposits.
- Statute: ORS 90.300 · primary source
No statewide interest requirement. Portland requires pass-through of interest actually earned but does not mandate an interest-bearing account.
City ordinances in Oregon
- Portland (PCC 30.01.087, eff. 3/1/2020): deposit must be held in a separate bank account disclosed in the rental agreement; if the account is interest-bearing, interest (less a 5% administrative allowance) must be returned to the tenant at end of tenancy, with annual accounting on request; violations = double deposit plus attorney's fees
Security deposit interest calculator
Interest owed (simple):
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Frequently asked questions
Do landlords have to pay interest on security deposits in Oregon?
No — Oregon law (ORS 90.300) does not require deposit interest. But note the local ordinances below.
Anything else Oregon landlords should know about deposit interest?
No statewide interest requirement. Portland requires pass-through of interest actually earned but does not mandate an interest-bearing account.
Deposit interest in other states
All states · Alabama · Alaska · Arizona · Arkansas · California · Colorado · Connecticut · Delaware · District of Columbia · Florida
Related: rent increase rules in Oregon · prorated rent calculator