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Interest rate on tenant security deposit increases for 2025

Jennifer Crowell | Published on 12/17/2024

NEWS
Monday, Dec. 16, 2024

www.bouldercolorado.gov

 

Interest rate on tenant security deposit increases for 2025

BOULDER, Colo. – The interest rate for 2025 tenant security deposits is set at 2.92%, effective Monday, Jan. 1, 2025. This is the mathematical average of the one-year certificate of deposit from the top three financial institutions in Boulder, based on market share data as of Dec. 16, 2024.

 

This calculation has been prepared in accordance with Ordinance 7320, which was adopted on Feb. 17, 2004. Relevant code language may be found in Chapter 12-2: Landlord-Tenant Relations of the Boulder Revised Code (sections 12-2-2 and 12-2-4 through 12-2-7).

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Boulder Area Rental Housing Association

PO Box 17606

Boulder CO 80308


303-494-9048



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The Boulder Area Rental Housing Association is a regional trade association for owners, managers and industry partners in the rental housing industry