30 days to return the deposit; cap 2 months' rent.
The deposit must be returned within 30 days (or up to 60 if the lease says so), with a written statement of deductions. A 2023 law caps deposits at two months' rent.
What this means for you: Willful failure to provide the statement or return the deposit triggers treble damages — three times the wrongfully withheld amount.
Your next step: If the deadline passes, send a 7-day demand letter (required before suing for the penalty in Colorado), then file in small claims.
Source: Colo. Rev. Stat. §§ 38-12-103, 38-12-104. Reviewed 2026-06-16.
More Colorado rights: Colorado eviction · Colorado repairs · Colorado entry notice · Colorado rent increase.
Security deposit in nearby states: Wyoming (30 days to return the deposit; cap no statutory cap) · Kansas (30 days to return the deposit; cap 1 month's rent) · Nebraska (14 days to return the deposit; cap 1 month's rent) · New Mexico (30 days to return the deposit; cap 1 month's rent) · Utah (30 days to return the deposit; cap no statutory cap).
General legal information, not legal advice. Laws change and vary by locality; consult a licensed attorney or your local housing authority.
Updated July 2026