Georgia Security Deposit Interest Rules
Georgia does not require deposit interest. Free calculator with O.C.G.A. Title 44 Ch. 7 deposit framework.
Track Georgia deposit interest accruals.
Shuk supports state-aware deposit interest tracking per property.
Book a DemoDoes Georgia require interest on security deposits?
No. Georgia is one of about 36 states that do not require landlords to pay interest on residential security deposits. Georgia's deposit rules are in O.C.G.A. Title 44, Chapter 7 and cover the 30-day return deadline, itemized deduction requirements, and bad-faith penalties (up to 3x), but do not impose an interest obligation.
Local Georgia ordinances
Atlanta, Savannah, Augusta, and other Georgia cities do not require deposit interest under local ordinances. The state framework is uniform statewide.
Georgia deposit-holding requirements
Georgia requires landlords with 10 or more rental units to hold deposits in a separate escrow account at a state or federally chartered banking institution. Smaller landlords (under 10 units) may commingle deposits or post a surety bond. The escrow account requirement does not generate mandatory interest for the tenant.
How to use this calculator
Enter deposit amount and months held. The calculator confirms Georgia does not require deposit interest. Refer to the Georgia Security Deposit Return Deadline calculator for the 30-day return rule.
Frequently asked questions about Georgia deposit interest
Does Georgia require landlords to pay interest on security deposits?
No. Georgia does not require deposit interest at the state level. Georgia is one of about 36 states without an interest requirement.
Do Georgia cities require deposit interest?
No. Atlanta, Savannah, Augusta, and other Georgia cities follow state law.
Do Georgia landlords need a separate deposit account?
Yes for landlords with 10 or more units. Smaller landlords may commingle deposits or post a surety bond.
What is the Georgia deposit return rule?
30 days from the date the tenant vacates and provides a forwarding address, with up to 3x bad-faith penalty (O.C.G.A. § 44-7-34, § 44-7-35).
If a Georgia landlord earns interest on the deposit, who gets it?
Default is the landlord. The state law does not require crediting interest to the tenant. Some landlords voluntarily credit interest as a tenant goodwill measure.
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