How much can a landlord charge for a security deposit in New York?
In New York, a security deposit is capped at 1 month of rent. One month's rent — statewide since the 2019 Housing Stability and Tenant Protection Act. This is N.Y. Gen. Oblig. Law § 7-108(1-a).
| What | New York |
|---|---|
| Maximum deposit | 1 month of rent |
| Deadline to return it | 14 days |
Source
N.Y. Gen. Oblig. Law § 7-108(1-a)
Read the statute in the New York Consolidated Laws (New York State Senate): nysenate.gov.
This is a summary of a published statute, not legal advice. Rules change, local ordinances can add to them, and the terms of a specific lease may differ. Check the citation and speak to a lawyer before acting.
How Seayora uses this rule
Seayora computes the deadline this rule sets from the tenancy’s own dates, shows it on the deposit statement, and reminds the landlord before it falls due — so the answer above is not reference material sitting beside the product, it is the rule the product enforces.
Guides on this rule
- Security Deposit Alternatives: Texas and Maine Rules — The Texas rules for a monthly fee in lieu of a deposit, Maine’s surety-bond limits, and the Texas notice before reporting a no-deposit tenant’s damages.
- Security Deposits Explained: Rules and Getting It Back — How security deposits work: typical amounts and state caps, what a deposit may cover, return deadlines, and how renters get the full deposit back.
- Service Animals and Emotional Support Animals: A Landlord’s Guide — How to handle assistance animal requests in 2026, after HUD withdrew its 2013 and 2020 notices: what the law still requires, what you can ask, and state rules.
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The same question in other states
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