Question 1

How much can a landlord charge for a late rent fee in Texas?

Accepted Answer

In Texas, a late fee is presumed reasonable if it is no more than 12% of the monthly rent in a building of four or fewer units, or 10% in a building of more than four; a larger fee is lawful only if it does not exceed the landlord’s uncertain damages from the late payment. A landlord may not charge a late fee unless some of the rent has remained unpaid for two full days after it was due. The percentages cover any initial charge and any daily charge combined. This is Tex. Prop. Code § 92.019.

Question 2

How much can a landlord charge for a late rent fee in New York?

Accepted Answer

In New York, a late fee may not exceed $50 or 5% of the monthly rent, whichever is less. A landlord may not charge a late fee unless the rent is still unpaid five days after it was due. This is N.Y. Real Prop. Law § 238-a(2).

Question 3

How much can a landlord charge for a late rent fee in North Carolina?

Accepted Answer

In North Carolina, a late fee may not exceed $15 or 5% of the monthly rent, whichever is greater. A late fee may be charged only once the rent is five calendar days or more late, counting from the day after it was due. Where rent is paid weekly the limit is $4 or 5% of the weekly rent, whichever is greater. This is N.C. Gen. Stat. § 42-46(a).

Question 4

How much can a landlord charge for a late rent fee in Virginia?

Accepted Answer

In Virginia, a late charge may not exceed the lesser of 10% of the periodic rent or 10% of the remaining balance due. This is Va. Code § 55.1-1204(E).

Question 5

How much can a landlord charge for a late rent fee in Colorado?

Accepted Answer

In Colorado, a late fee may not exceed $50 or 5% of the past-due rent, whichever is greater. A landlord may not charge a late fee until the rent is at least seven calendar days late. A late fee may not be charged more than once for one late payment unless the total stays within the cap, may not carry interest, may not be taken out of a later rent payment, and must be notified to the tenant in writing within 180 days of the missed due date. This is C.R.S. § 38-12-105.

Question 6

How much can a landlord charge for a late rent fee in Maryland?

Accepted Answer

In Maryland, a late fee may not exceed 5% of the rent due for the period that was paid late. This is Md. Code, Real Prop. § 8-208(d)(3).

Question 7

How much can a landlord charge for a late rent fee in Minnesota?

Accepted Answer

In Minnesota, a late fee may not exceed 8% of the overdue rent payment. A late fee may be charged only where the tenant and landlord agreed in writing that one may be imposed, and the agreement must say when. This is Minn. Stat. § 504B.177(a).

Question 8

How much can a landlord charge for a late rent fee in Nevada?

Accepted Answer

In Nevada, a late fee may not exceed 5% of the periodic rent. In a tenancy longer than week to week, no late fee may be charged until at least three calendar days after the rent is due. The maximum may not be raised on the strength of a late fee already imposed. This is NRS 118A.210.

State	Maximum late fee	Source
Colorado	$50 or 5%, whichever is greater	C.R.S. § 38-12-105
Connecticut	Lesser of $5 a day (up to $50) or 5% of the late rent	Conn. Gen. Stat. § 47a-15a
Delaware	5% of the monthly rent	25 Del. C. § 5501(d)
District of Columbia	5% of the full amount of rent due	D.C. Code § 42-3505.31
Hawaii	8% of the rent due	Haw. Rev. Stat. § 521-21(f)
Iowa	$12 a day, $60 a month (rent up to $700); $20 a day, $100 a month above	Iowa Code § 562A.9(4)
Maine	4% of one month’s rent	14 M.R.S. § 6028
Maryland	5% of the rent due for the period that was paid late	Md. Code, Real Prop. § 8-208(d)(3)
Minnesota	8% of the overdue rent payment	Minn. Stat. § 504B.177(a)
Nevada	5% of the periodic rent	NRS 118A.210
New Mexico	5% of the rent for each rental period the tenant is in default	N.M. Stat. § 47-8-15
New York	$50 or 5%, whichever is less	N.Y. Real Prop. Law § 238-a(2)
North Carolina	$15 or 5%, whichever is greater	N.C. Gen. Stat. § 42-46(a)
Oregon	A reasonable flat fee, 6% of it a day, or 5% per five days	ORS 90.260
Tennessee	10% of the rent past due	Tenn. Code § 66-28-201(d)
Texas	12% (four units or fewer) or 10% (more than four)	Tex. Prop. Code § 92.019
Virginia	10% of the rent or of the balance due, whichever is less	Va. Code § 55.1-1204(E)

How much can a landlord charge for a late rent fee?

Maximum late fee, state by state

The answer in full, for the biggest rental markets