Idaho Security Deposit Collections & Holdings

Last Updated: March 17, 2023 by Ashley Porter

Maximum Security Deposit Allowed in Idaho

There is no limit on how much a landlord can collect for a security deposit in Idaho. While other states impose a maximum security deposit limit, such as one month’s rent, Idaho does not.

Can Landlords Charge an Additional Pet Deposit in Idaho?

In Idaho, landlords can charge a pet deposit, except for service dogs and emotional support animals.

How Much Rent Can a Landlord Collect Upfront in Idaho?

There is no limit on the amount of rent that can be collected upfront in Idaho. Many states have a limit on the amount of rent that can be collected at once, but Idaho does not.

Security Deposit Collections in Idaho

While other states have additional requirements for landlords that collect a security deposit, such as providing certain documentation of the condition of the unit at move-in, Idaho does not.

Do Landlords Have to Provide a Receipt for the Security Deposit in Idaho?

Although some states like Washington require a receipt, landlords are not required to provide a receipt for the security deposit in Idaho.

What Obligations Do Landlords Have to Establish the Condition at Move-in in Idaho?

Idaho law does not have specific obligations before a tenancy. While other states like Washington have pre-tenancy obligations like a written inventory of damages, Idaho does not.

Landlords are always required to ensure their property is habitable and compliant with state and local housing codes.

Security Deposit Holdings in Idaho

Idaho state law does not require landlords to hold security deposits separate from other funds unless the rental property is managed by a third party. If so, the security deposit must be held in a federally-insured financial institution and held separately from the third party’s operating account. [1]

Are Tenants Entitled to Interest on Their Security Deposit in Idaho?

Idaho law does not require landlords to provide interest on held security deposits.

How Are Security Deposits Accounted for in Idaho?

Security deposits are not considered taxable income when they are collected.

What Happens to a Security Deposit When the Property is Sold in Idaho?

When a property is sold in Idaho, the seller must transfer the security deposit to the new owner, who must handle it according to the same rules. [2]