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New York Security Deposit Calculator
Check if your security deposit complies with New York law. Maximum: 1x rent. 14-day return deadline.
Your Deposit
$1,800.00
New York Maximum
$1,800.00 (1x rent)
Return Deadline
14 calendar days after move-out
New York Security Deposit Rules
Deposit Limits
- Maximum allowed
- 1x rent
- At $1,800.00/mo
- $1,800.00
- Pet deposit
- Not allowed separately
Return & Holding
- Return deadline
- 14 calendar days
- Escrow required
- Yes
- Interest required
- Yes
- Itemized statement
- Required
Interest requirement: Must hold in interest-bearing account; tenant gets interest minus 1% admin fee
Statute: N.Y. GOL § 7-108
Max 1x rent (2019 HSTPA). No separate pet deposit. Must hold in interest-bearing account. 14 days to return.
Laws change quietly. California cut its deposit cap to one month in 2024, New York in 2019. Get an email when New York changes its rules — and what to update in your lease.
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