Security Deposit Calculator – Limits and Returns

Calculate maximum security deposit, interest owed, and deduction legality by state.

About This Calculator

Calculate maximum security deposit, interest owed, and deduction legality by state. Use the calculator above for instant results.

Worked Examples

Example 1: $1,500 rent, 2-month limit, 18 months, 2%

  • Max deposit: $3,000 | Interest: $90
  • Total due at move-out: $3,090

Answer: Max: $3,000 / $3,090 with interest

Example 2: $2,000 rent, 1-month limit, 12 months

  • Max deposit: $2,000 | Return due: $2,000

Answer: Max: $2,000

Example 3: $1,200 rent, 3-month limit

  • Max deposit: $3,600

Answer: Max: $3,600

Who Uses This Calculator?

🏠
Renters

Know your security deposit rights.

💼
Landlords

Comply with deposit regulations.

⚖️
Tenant Advocates

Calculate interest owed.

📊
Property Managers

Manage deposits correctly.

Common Mistakes to Avoid

❌ Withholding deposit improperly

Landlords can only deduct for unpaid rent and damage beyond normal wear and tear. Cannot charge for normal aging of carpet, walls, etc.

❌ Missing return deadline

Most states require return within 14-30 days of move-out. Missing deadline can result in penalties of 2-3x the deposit amount.

Frequently Asked Questions

State deposit limits?

California, NY, IL: 1-2 months. Texas: no limit. Each state differs — check your state's landlord-tenant law.

What can be deducted?

Unpaid rent, damage beyond normal wear and tear, cleaning if left unreasonably dirty. Cannot deduct for normal wear (fading paint, carpet wear).

Return deadline?

Most states: 14-30 days. California: 21 days. New York: 14 days. Late return often triggers penalty of 2-3x deposit.