Security deposit laws by state › Michigan

Michigan Security Deposit Law and Move-In Costs (2026)

Michigan caps the security deposit at 1.5 months' rent and requires it back within 30 days with an itemized statement of deductions.

The rules

  • Maximum deposit: 1.5 months' rent
  • Return deadline: 30 days.
  • Interest: Not required.
  • Separate account: Required. Regulated financial institution or surety bond; tenant must be told where it is held.
  • Itemized deductions: Required with the refund.
  • Application fee: No statutory cap.

Statute: MCL §554.602–609. As of October 25, 2026.

Move-in cash at $1,500/month

First month's rent$1,500
Security deposit (one month, typical)$1,500
Application fee$40
Utilities and setup$150
Movers$400
Renters insurance$15
Total$3,605

The most a Michigan landlord may demand as a deposit on this rent is $2,250.

Run your own numbers for Michigan

Getting the deposit back

Document the unit's condition at move-in with dated photos, give proper notice before leaving, return the keys, and hand the landlord a forwarding address in writing — in Michigan and most states the return clock does not start until the landlord can reach you. Normal wear and tear cannot be deducted; damage, cleaning beyond normal use and unpaid rent can. If the deadline passes without a refund or itemized statement, small-claims court is the usual remedy, and many states add penalties of two or three times the deposit for bad-faith withholding.

Local rules

Cities and counties can add requirements on top of Michigan law — interest, caps, inspection rights, fee limits. Check your city's housing or rental-standards office before signing.

Sources

Last reviewed October 25, 2026.