Security Deposit Laws in New York - FAQ & Requirements 2025
Everything you need to know about security deposit laws in New York.
New York Security Deposit Quick Facts
1 month rent
Maximum Deposit
14 days
Return Deadline
Required (6+ units)
Interest Required
Frequently Asked Questions
How long does a landlord have to return my security deposit in New York?
14 days
What is the maximum security deposit a landlord can charge in New York?
1 month rent
Do landlords have to pay interest on security deposits in New York?
Required (6+ units)
Can a landlord keep my security deposit in New York?
A landlord in New York can keep part or all of your security deposit for unpaid rent, damages beyond normal wear and tear, cleaning costs, or other lease violations. They must provide an itemized statement of deductions.
What can I do if my landlord doesn't return my deposit in New York?
If your landlord doesn't return your deposit within 14 days in New York, you can send a demand letter, file a complaint with housing authorities, or pursue the matter in small claims court.
Related Documents
New York Lease Agreement
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