Lease Deposit Limit Calculator

Calculate the maximum security deposit a landlord can legally collect based on your state's laws and your monthly rent amount.

Formula

Maximum Security Deposit = Monthly Rent × State Multiplier

Examples:

  • California (unfurnished): $1,500 × 2 = $3,000
  • California (furnished): $1,500 × 3 = $4,500
  • Nevada: $1,500 × 3 = $3,000
  • Alaska: $1,500 × 2 = $3,000
  • Massachusetts: $1,500 × 1 = $1,500
  • Texas: No statutory limit — any amount is permissible under state law

Assumptions & References

  • Limits are based on state-level statutes only. Local ordinances (e.g., New York City, San Francisco) may impose stricter caps.
  • California — Civil Code § 1950.5: 2× rent (unfurnished), 3× rent (furnished).
  • New York — Housing Stability & Tenant Protection Act 2019: 1× monthly rent statewide.
  • Pennsylvania — 68 P.S. § 250.511a: 2× rent in Year 1; must reduce to 1× from Year 2 onward.
  • North Carolina — G.S. § 42-51: 1.5× rent (unfurnished), 2× rent (furnished).
  • Kansas — K.S.A. § 58-2550: 1× rent (unfurnished), 1.5× rent (furnished).
  • States listed as "No limit" have no statutory maximum under current state law (verified as of 2024).
  • This calculator is for informational purposes only and does not constitute legal advice. Consult a licensed attorney or local housing authority for guidance specific to your situation.
  • Pet deposits, last month's rent, and other fees may be treated separately under state law and are not included in this calculation.

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