30 days to return the deposit; cap 1 month's rent.
The deposit and an itemized statement are due within 30 days of move-out. For leases under one year, the deposit cannot exceed one month's rent.
What this means for you: Bad-faith retention can cost the landlord the deposit plus damages and fees.
Your next step: Provide a forwarding address; send a demand if 30 days pass.
Source: N.M. Stat. § 47-8-18. Reviewed 2026-06-16 (needs local verification).
More New Mexico rights: New Mexico eviction · New Mexico repairs · New Mexico entry notice · New Mexico rent increase.
Security deposit in nearby states: Arizona (14 days to return the deposit; cap 1.5 months' rent) · Texas (30 days to return the deposit; cap no statutory cap) · Colorado (30 days to return the deposit; cap 2 months' rent) · Oklahoma (30 days to return the deposit; cap no statutory cap) · 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