Missouri Interest on deposits

Does a landlord have to pay interest on a security deposit in Missouri?

No interest is owed to the tenant. Deposits (capped at two months' rent) must be held in a federally insured bank, credit union or depository institution, and any interest earned belongs to the landlord.

Verified Source: RSMo § 535.300(1)–(2) · last checked 2026-10-15