Jemez Springs, NM Security Deposit Laws 2026
New Mexico limits security deposits to 1 month(s) of rent. In Jemez Springs, that's $1,464 at the median 2BR rent of $1,464/month. Miss the 30-day return deadline and you could owe $2,928+.
In New Mexico, landlords must return security deposits within 30 days after move-out. The maximum deposit is 1 month(s) of rent. Failure to return on time or provide an itemized statement can result in penalties of $2,928 or more.
This applies to properties in Jemez Springs, NM. Check all requirements for your property →
Key Takeaways — Jemez Springs Security Deposit Laws
- Maximum deposit: 1 month(s) of rent = $1,464 at Jemez Springs's median rent
- Return deadline: 30 days after tenant moves out
- Penalty for late return: Up to 2x the deposit ($2,928)
- Itemized statement: Required with any deductions
Security Deposit Laws in Jemez Springs
Under New Mexico law, landlords in Jemez Springs may collect a maximum security deposit of 1 month(s) of rent, regardless of whether the unit is furnished or unfurnished. At Jemez Springs's median 2-bedroom rent of $1,464/month, that means the most you can legally collect is $1,464.
$1,464
max deposit (1mo × $1,464)
30 days
return deadline
$2,928
max penalty for late return
Returning the Deposit: The 30-Day Clock
Once a tenant moves out of your Jemez Springs rental, New Mexico law gives you exactly 30 days to either return the full deposit or provide an itemized statement of deductions. The clock starts on the day the tenant surrenders possession — not when you inspect the unit.
What you can deduct from a security deposit in Jemez Springs:
- Unpaid rent
- Damage beyond normal wear and tear
- Cleaning costs to restore the unit to move-in condition
- Costs for restoring or replacing personal property (if lease allows)
What you cannot deduct:
- Normal wear and tear (minor scuffs, carpet wear, faded paint)
- Pre-existing damage (document with photos at move-in)
- Professional cleaning if the tenant left the unit in reasonable condition
Penalty Warning
Violate New Mexico security deposit laws rules in Jemez Springs and you could owe $2,928+. At Jemez Springs's median rent of $1,464/month, even a single violation adds up fast.
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How Jemez Springs Rents Affect Deposit Amounts
Deposit amounts scale with local rents. Here's what Jemez Springs landlords typically collect:
| Unit Size | Median Rent (Jemez Springs) | Max Deposit (1mo) | Penalty Risk |
|---|---|---|---|
| Studio | $1,009/mo | $1,009 | $2,018 |
| 1-Bedroom | $1,185/mo | $1,185 | $2,370 |
| 2-Bedroom | $1,464/mo | $1,464 | $2,928 |
| 3-Bedroom | $2,036/mo | $2,036 | $4,072 |
Rents based on HUD Fair Market Rents (FY2026) for Sandoval County.
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More Jemez Springs Landlord Laws
Security Deposit Laws in Nearby Cities
Own properties in multiple cities? Rules may differ locally:
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Not ready to start? Get the free Security Deposit Laws checklist for New Mexico landlords.
Download Free ChecklistReviewed by Rachid Abadli
Founder & CEO, LeaseBase · Sacramento landlord · Self-managing since 2019
LeaseBase is a property management platform — not a law firm. Consult an attorney for legal advice specific to your situation.
