Deposits · New Mexico
Security Deposit Laws in New Mexico (2026) — Limits & Return
Security-deposit rules limit how much a landlord can hold, when they must return it, and what they can deduct. Rules vary by state; the values shown are commonly-cited statutory limits. Not legal advice — worth verifying with a local attorney before you act.
Key points — New Mexico
- Commonly-cited maximum deposit: about 1 month(s) of rent.
- Landlord generally must return (or itemize in writing) the deposit within 30 days after move-out.
- A written itemization of deductions is required.
- Landlord must pay interest on the held deposit.
This is not legal advice. Information may be outdated or not apply to your situation. Consider speaking with a licensed attorney or legal-aid organization before acting.
What should you do next?
- Save any written communication with your landlord (emails, texts, letters).
- Take dated photos if there are conditions to document.
- Check with a local legal-aid organization (below) before making major decisions.
Free legal help in New Mexico
Walk through three quick steps to find the right tenant-rights program for your situation.
State listings sourced from the federal Legal Services Corporation (LSC) grantee directory. Educational information, not legal advice or endorsement.
More on your rights in New Mexico
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