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Chicago Residential Landlord & Tenant Ordinance
Security Deposit Interest Rates

Chicago security deposit lawyers, immigration, and injury attorneys

Security Deposit Interest Rate Announced On the First Business Day of:

ZIRP forever for tenants, while 4 week Treasury Bills yield 5%+

2024:                 0.01%

2023:                 0.01%

2022:                 0.01%

2021:                 0.01%

2020:                 0.01%

2019:                 0.01%

2018:                 0.01%

2017:                 0.01%

2016:                 0.01%

2015:                 0.01%

2014:                 0.013%

2013:                 0.023%

2012:                 0.057%

2011:                 0.073%

2010:                 0.073%

2009:                 0.12%

2008:                 1.26%

2007:                 1.68%

2006:                 1.71%

2005:                 1.01%

2004:                 0.42%

2003:                 0.52%

2002:                 0.83%

2001:                 3.10%

2000:                 2.71%

1999:                 2.63%

1998:                 3.38%

1997:                 3.42%

1986-1996:        5.00%

calculation of interest on a security deposit
Roman Republic Silver Coin

Frequently Asked Questions About Interest Rates

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