deposit-interest

Security Deposit Interest in Wyoming: No State Requirement (2026)

Wyoming W.S. 1-21-1208(a) explicitly requires the deposit balance and itemization to be delivered 'without interest' within 30 days after lease t… Calculator, statute citation, Last Verified date o

Rule verified: 2026-10-28

Quick answer

No — Wyoming law does not require landlords to pay interest on security deposits. Wyoming W.S. 1-21-1208(a) explicitly requires the deposit balance and itemization to be delivered 'without interest' within 30 days after lease termination (or 15 days after the landlord receives the tenant's forwarding address, whichever is later) - Wyoming mandates no interest on security deposits. The rule comes from W.S. 1977 sec. 1-21-1208 (Deductions from deposit; written itemization; time limits). State statute (official text) · 2026-10-28

Calculator pre-loaded with this state:

State pre-filled: Wyoming — rule applied per W.S. 1977 sec. 1-21-1208 (Deductions from deposit; written itemization; time limits). Switch the state if your property is elsewhere.

StateSecurity deposit ($)Tenancy startTenancy end

What Wyoming law does — and does not — require

Wyoming has no statewide statute requiring interest on security deposits. Wyoming W.S. 1-21-1208(a) explicitly requires the deposit balance and itemization to be delivered 'without interest' within 30 days after lease termination (or 15 days after the landlord receives the tenant's forwarding address, whichever is later) - Wyoming mandates no interest on security deposits.

The statute that governs deposits in Wyoming, W.S. 1977 sec. 1-21-1208 (Deductions from deposit; written itemization; time limits), covers how and when the deposit itself must be returned — it simply does not mandate interest on top.

How interest must be paid

Not applicable; no interest requirement. Not applicable; deposit balance + written itemization due within 30 days of termination, or within 15 days after receipt of renter's new mailing address, whichever is later; period extends by 30 days if damage is claimed.

Who the law applies to

Residential rental units under W.S. 1-21-1201 et seq. (Article 12, Recovery of Residential Premises); no deposit cap; a utilities deposit has its own 10-day refund track (1-21-1208(b)); the 10% per annum interest in W.S. 1-21-1212(b) runs against the TENANT for unpaid damages, not in the tenant's favor.

Cities in Wyoming that require interest

No city- or county-level deposit-interest requirement found; Wyoming has no local rent-stabilization ordinances (state law leaves most landlord-tenant matters unregulated).

States that do require deposit interest

Wyoming has no statewide requirement. If you are moving or own rentals across state lines, these states do — each rate is the statutory value verified on the state page:

State	Statutory rate
Massachusetts	5% per annum, or the lesser amount of interest actually received from
Ohio	5% per annum
Maryland	greater of 1.5%/year or U.S. Treasury 1-year yield curve rate (leases
Minnesota	1% per annum
New York	Interest actually accrued/paid on the deposit in the interest-bearing

The statute behind it

| Field | Value | | --- | --- | --- | | Citation | W.S. 1977 sec. 1-21-1208 (Deductions from deposit; written itemization; time limits) | | Official text | wyoleg.gov | | Last verified | 2026-10-28 |

Cross-checked against: Nolo - Wyoming Landlord-Tenant Law (no interest requirement; no deposit cap; 30-day/15-day return rule).

Statutes get amended. If you are relying on this page — for a move-out, a dispute, or a lease draft — click through to the official text and confirm the current wording.

FAQ

Does Wyoming require landlords to pay interest on security deposits?

No. Wyoming law does not mandate interest; whatever the lease says governs. No city- or county-level deposit-interest requirement found; Wyoming has no local rent-stabilization ordinances (state law leaves most landlord-tenant matters unregulated).

How is deposit interest calculated in Wyoming?

W.S. 1-21-1208(a): deposit balance plus itemization 'shall be delivered or mailed without interest to the renter within thirty (30) days.' The calculator at the top of this page reflects Wyoming's rules where a numeric value exists.

When do I get the interest?

Not applicable; deposit balance + written itemization due within 30 days of termination, or within 15 days after receipt of renter's new mailing address, whichever is later; period extends by 30 days if damage is claimed.

Can my lease require the landlord to pay interest anyway?

Yes — a lease can always give you more than state law requires, never less. If your Wyoming lease promises interest, that promise is enforceable as a contract even though no statute mandates it.

Independent second source · 2026-10-28