Skip to content
Get started
Sign up
Landlord login Tenant login Get started free

NY Security deposit Reviewed August 2026

New York security deposit rules

New York limits residential security deposits to one month's rent under the Housing Stability and Tenant Protection Act of 2019, with a 14-day return deadline.

By the LeaseRooster Team

Key facts

  • § 7-108 One month maximum + 14-day return
On this page

Maximum deposit amount

General Obligations Law § 7-1081

one month’s rent maximum (residential)

New York’s Housing Stability and Tenant Protection Act of 2019 caps residential security deposits at one month’s rent.

Return timeline

§ 7-1081(1-a)(e)

14 days after the tenant vacates

The landlord must return the deposit, less any itemized deductions, within 14 days of the tenant returning possession of the unit.

Itemized statement

If any amount is withheld, the landlord must provide a written, itemized statement of damages claimed against the deposit.

  1. § 7-108 One month maximum + 14-day return

Common questions

What is the maximum security deposit in New York?

One month's rent for residential rentals. The cap applies regardless of furnished/unfurnished or any 'pet deposit' label.

When must a New York landlord return the deposit?

Within 14 days of the tenant vacating, with an itemized statement of any deductions.

Get a compliant New York lease in minutes

LeaseRooster builds these rules into your lease.

Generate an NY-compliant lease →

This is information, not legal advice. Rules change, and how they apply depends on your property and your tenancy. Read the official source for yourself, and talk to an attorney in your state before you rely on anything here.

Security deposit in other states

  1. How to Return a Security Deposit Electronically in California (AB 414, 2026 update)

    AB 414 requires California landlords to refund a security deposit electronically when the tenant paid electronically, effective January 1, 2026. Here is the rule, the multiple-tenant payout requirement, and what to change in your move-out process.     Civil Code § 1950.5 3 min read Reviewed Jul 2026

  2. California Security Deposit Rules: What AB 12 Changed

    AB 12 cut California's security deposit cap to one month's rent for most unfurnished rentals, effective July 1, 2024. Landlords must return the deposit within 21 days with an itemized statement. Here is what changed, what counts toward the cap, and how to stay on the right side of the law.     Civil Code § 1950.5(c) 5 min read Reviewed Jun 2026

  3. California Pre-Move-Out Inspection: What Landlords Must Offer

    California law gives tenants the right to a pre-move-out inspection before they vacate. The landlord must provide a written list of any deficiencies found, and the tenant gets the chance to fix them before the final move-out. What is not on the list generally cannot be deducted from the deposit.     Civil Code § 1950.5(f) 6 min read Reviewed Jun 2026

See LeaseRooster in New York