We compare different response schemes for coupling continuum solvation models to time-dependent density functional theory (TD-DFT) for the determination of solvent effects on the excited state dipole moments of solvated molecules. In particular, linear-response (LR) and state-specific (SS) formalisms are compared. Using 20 low-lying electronic excitations, displaying both localized and charge-transfer character, this study highlights the importance of applying a SS model not only for the calculation of energies, as previously reported ( J. Chem. Theory Comput. , 2015 , 11 , 5782 , DOI: 10.1021/acs.jctc.5b00679 ), but also for the prediction of excited state properties. Generally, when a range-separated exchange-correlation functional is used, both LR and SS schemes provide very similar dipole moments for local transitions, whereas differences of a few Debye units with respect to LR values are observed for CT transitions. The delicate interplay between the response scheme and the exchange-correlation functional is discussed as well, and we show that using an inadequate functional in a SS framework can yield to dramatic overestimations of the dipole moments.