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🔑 Rental Property Rules/Security Deposit Rules

Security Deposit Rules: Colorado Springs vs Manitou Springs

How do security deposit rules rules compare between Colorado Springs, CO and Manitou Springs, CO?

Colorado Springs and Manitou Springs have similar restriction levels.

Colorado Springs, CO

El Paso County

Heavy Restrictions

Colorado caps residential security deposits at two months' rent. Landlords must return the deposit, with an itemized written statement of any deductions, within 30 days of lease termination (up to 60 days if the lease says so). Willful retention exposes a landlord to treble damages plus attorney fees.

View full Colorado Springs rules →

Manitou Springs, CO

El Paso County

Heavy Restrictions

Colorado caps residential security deposits at two months' rent. Landlords must return the deposit, with an itemized written statement of any deductions, within 30 days of lease termination (up to 60 days if the lease says so). Willful retention exposes a landlord to treble damages plus attorney fees.

View full Manitou Springs rules →

Key Facts Comparison

FactColorado SpringsManitou Springs
Deposit cap2 months' rent (§ 38-12-102.5)2 months' rent (§ 38-12-102.5)
Return deadline30 days; up to 60 if lease specifies30 days; up to 60 if lease specifies
Itemized statementRequired for any deductionsRequired for any deductions
StatuteColo. Rev. Stat. § 38-12-102.5 to -104Colo. Rev. Stat. § 38-12-102.5 to -104
PenaltyTreble damages + attorney fees (willful)Treble damages + attorney fees (willful)

Highlighted rows indicate differences between cities.

Colorado Springs FAQ

How much can a landlord charge for a security deposit in Colorado?

No more than two months' rent. Colo. Rev. Stat. § 38-12-102.5 bars landlords from requiring a residential security deposit exceeding two monthly rent payments, effective August 7, 2023.

How long does a landlord have to return a security deposit in Colorado?

30 days after the lease ends or the tenant surrenders the premises, whichever is later. A lease may set a longer period, but it cannot exceed 60 days (§ 38-12-103, as amended effective January 1, 2026).

What can a landlord deduct from a security deposit in Colorado?

Unpaid rent and actual damages beyond normal wear and tear. The landlord must give a written statement listing the exact reasons for any deduction; retaining 125% or more of actual damages is presumed unreasonable.

Manitou Springs FAQ

How much can a landlord charge for a security deposit in Colorado?

No more than two months' rent. Colo. Rev. Stat. § 38-12-102.5 bars landlords from requiring a residential security deposit exceeding two monthly rent payments, effective August 7, 2023.

How long does a landlord have to return a security deposit in Colorado?

30 days after the lease ends or the tenant surrenders the premises, whichever is later. A lease may set a longer period, but it cannot exceed 60 days (§ 38-12-103, as amended effective January 1, 2026).

What can a landlord deduct from a security deposit in Colorado?

Unpaid rent and actual damages beyond normal wear and tear. The landlord must give a written statement listing the exact reasons for any deduction; retaining 125% or more of actual damages is presumed unreasonable.

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