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Security deposit interest in Rhode Island

Verified against R.I. Gen. Laws § 34-18-19 and agency sources on 2026-07-04. Not legal advice.

No interest required

Rhode Island does not require landlords to pay interest on security deposits.

Security deposit interest calculator

Frequently asked questions

Do landlords have to pay interest on security deposits in Rhode Island?

No — Rhode Island law (R.I. Gen. Laws § 34-18-19) does not require deposit interest.

Deposit interest in other states

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Related: rent increase rules in Rhode Island · prorated rent calculator